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Our History

Our History

A Timeline of Related's History

We celebrate five decades of growth and achievement in our industry.
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1970

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

1980

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

1990

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Led Resurgence and Growth
Led resurgence during market downturn; emerged as a force with mixed-use and commercial properties
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Won Time Warner Center Bid
Won the bid to develop Time Warner Center at Columbus Circle in New York
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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
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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

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

2010

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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
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Expanded City Center Business
Won the bids for Hudson Yards, The 78 in Chicago and Related Santa Clara
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Opened in Abu Dhabi
Expanded Related's international business by opening in Abu Dhabi
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Formed Argent Related in London
Formed Argent Related, a joint venture company with property developer Argent to jointly develop real estate in London
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Partnered with CORE
Partnered with CORE, the leading luxury real estate brokerage in Manhattan
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Opened Dog City
Opened the first Dog City location at MiMA in New York City, to provide pet care services to Related residents
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Invested in Motivate
Invested in Motivate, operators of Citi Bike and other leading bicycle share programs; sold to Lyft in 2018
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Developed Hudson Yards
Developed Hudson Yards, the 28-acre 17 million-square-foot destination on the West Side of Manhattan
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Formed Related Beal in Boston
Related Companies and The Beal Companies joined to form Related Beal in Boston

2020

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Hudson Yards Opened
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Continued Growth and Innovation
Expectations for continued growth, expansion and innovation in real estate and beyond