Related Companies today announced that Jeffrey I. Brodsky has been promoted to the role of vice chairman. In this new role, Mr. Brodsky will work closely with Related's executive team to optimize business development and drive improved performance and results, across the platform and internationally, as Related continues its growth and expansion.
"Jeff Brodsky has been an invaluable member of the Related team for more than three decades," said Related's founder and chairman, Stephen M. Ross. "Jeff has an unwavering commitment to excellence and deep and broad knowledge of our businesses. He is uniquely positioned to work with the entire executive leadership team and help write the next chapter of growth for Related."
"I first joined Related over 30 years ago as a young associate and am extremely proud of the platform and teams I have helped build and grow," said Jeffrey I. Brodsky. "In this new role, I look forward to continuing to work Stephen, Jeff, Bruce and Ken to help drive the visionary goals they have set for this extraordinary organization, further enhance our competitive capabilities and grow our businesses."
Mr. Brodsky first joined Related as an associate in 1982 after earning a Bachelor of Science degree in Mechanical Engineering from Rensselaer Polytechnic Institute and a Master's degree in Business Administration from New York University. During the last 30 plus years, he has risen through the ranks to become the president of Related Management and executive vice president of Related Affordable—positions he has held for the last 18 years. As the company's property portfolio has grown in size and complexity, Mr. Brodsky has continuously expanded and re-organized Related's management team to create a platform that is unmatched in the industry and renowned for its commitment to excellence. Mr. Brodsky also spearheaded several signature initiatives including, most recently, an effort where Related became the first developer in the nation to implement a smoke-free policy across all asset classes, further expanding Related's commitment to healthy living.
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About Related: Related Companies is the most prominent privately owned real estate firm in the United States. Formed over 40 years ago, Related is a fully integrated, highly diversified industry leader with experience in virtually every aspect of development, acquisitions, management, finance, marketing and sales. Headquartered in New York City, Related has offices and major developments in Boston, Chicago, Los Angeles, San Francisco, South Florida, Washington, D.C., Abu Dhabi, London, São Paulo and Shanghai and boasts a team of approximately 3,000 professionals. The Company's existing portfolio of real estate assets, valued at over $20 billion, is made up of best-in-class mixed-use, residential, retail, office and affordable properties in premier high-barrier-to-entry markets.
Related has developed preeminent mixed-use projects such as Time Warner Center in New York and CityPlace in West Palm Beach and is currently developing the 28-acre Hudson Yards project on Manhattan's West Side. Related also manages approximately $3 billion of equity capital on behalf of sovereign wealth funds, public pension plans, multi-managers, endowments, and family offices. Related also owns Equinox® Fitness Clubs, further expanding the company's capabilities into the health and fitness arena and enhancing the value of its properties through an exclusive, branded amenity and lifestyle offering. Related is a partner in Union Square Events, the catering, culture, sports, and events business of Danny Meyer's Union Square Hospitality Group and CORE, a boutique residential brokerage. For more information about Related Companies, please visit www.related.com.
Related Companies: (212) 801-1000 communications@related.com