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Our History

Our History

1970

Company Founded
Founded in 1972 in New York City by Stephen M. Ross
Launched Affordable Multi-family
Became a leading financier and developer of affordable housing for long term investment
Opened Related Group
The Related Group opened in Miami

1980

Expanded to New Asset Classes
Expanded into new asset classes: market-rate multi-family residential, office, commercial and mixed-use
Entered Luxury Residential Market
Entered the residential market with luxury rental properties in Manhattan
Grew Financial Services Arm
Grew financial services arm as a debt and equity capital provider
Opened Related California
Opened offices in California, with a focus on affordable housing and luxury residential

1990

Led Resurgence and Growth
Led resurgence during market downturn; emerged as a force with mixed-use and commercial properties
Won Time Warner Center Bid
Won the bid to develop Time Warner Center at Columbus Circle in New York
Introduced First Mixed-Use Development: CityPlace
Introduced CityPlace in West Palm Beach, Related’s first mixed-use development, setting the stage for a future focus on building city centers
Led Early Sustainability Efforts
Built Tribeca Green, one of the country’s first LEED Gold-certified multi-family buildings, providing industry leadership and setting the stage for a wide-scale corporate commitment

2000

Built Related Rentals Brand
Built Related Rentals brand, recognized for outstanding design, amenities and service
Expanded into Midwest
Launched Related Midwest in Chicago
Launched Groundbreaking Smoke Free Program
Became the first residential developer to introduce a national smoke-free initiative with residential rentals

2010

Formed Fund Management Business
Started Related Fund Management, leveraging our core expertise in development, investment and operations, to deploy and manage capital on behalf of Related and third party investors
Expanded City Center Business
Won the bids for Hudson Yards, The 78 in Chicago and Related Santa Clara
Opened in Abu Dhabi
Expanded Related's international business by opening in Abu Dhabi
Formed Argent Related in London
Formed Argent Related, a joint venture company with property developer Argent to jointly develop real estate in London
Partnered with CORE
Partnered with CORE, the leading luxury real estate brokerage in Manhattan
Opened Dog City
Opened the first Dog City location at MiMA in New York City, to provide pet care services to Related residents
Invested in Motivate
Invested in Motivate, operators of Citi Bike and other leading bicycle share programs; sold to Lyft in 2018
Developed Hudson Yards
Developed Hudson Yards, the 28-acre 17 million-square-foot destination on the West Side of Manhattan, with the East Rail Yard set to be completed this year
Formed Related Beal in Boston
Related Companies and The Beal Companies joined to form Related Beal in Boston

2020

Hudson Yards Completion Anticipated
Hudson Yards is set to be fully complete by 2025
Continued Growth and Innovation
Expectations for continued growth, expansion and innovation in real estate and beyond