Visser to lead firm’s expansive commercial office development and construction efforts nationally
Related Companies today announced that Philippe Visser has been named president of Related Office Development. In this role, Mr. Visser will be responsible for the development and construction of the firm’s commercial office pipeline nationally, including the current and future Hudson Yards office offerings, One Columbus Circle, 517 West 35th Street and Farley-Moynihan Station. Mr. Visser joined Related in 2013 and led the construction of 30 Hudson Yards, future home to KKR, Wells Fargo, Time Warner Inc., DNB Bank and Related. The 2.6-million-square-foot, 1,296-foot-tall office tower will top out shortly and open next year.
Jeff T. Blau, CEO of Related Companies, said, “Related has an expansive pipeline of commercial office developments across the country and an extraordinarily talented team of experts that have positioned us as leaders that are transforming the way people work. Philippe possesses extensive experience executing large-scale commercial real estate projects, making him ideally suited to lead the development and construction of our office assets nationally. He led the successful execution of 30 Hudson Yards, which is poised for delivery next year, and in this new leadership role, he will be able to leverage all of our best practices from Hudson Yards and all of our regions, and enhance our working relationships with national and international office users.”
Bruce A. Beal, Jr., president of Related Companies, said, “Over the past four years, Philippe has demonstrated great leadership and been a great partner on the construction and execution of our tallest tower at Hudson Yards, 30 Hudson Yards. He played a key role in not only delivering a world-class building, but also ensuring the expectation and timelines of our marquee commercial tenants were met, and I look forward to continuing to work with him in the new role on the construction and execution of our commercial office pipeline.”
Philippe Visser said, “I am thrilled to take the success of Hudson Yards and apply it on a national scale to develop a spectacular pipeline of commercial assets that will impact the way people live and work. I’m excited to be teamed up with the most talented real estate professionals in New York City and across the country to build upon Related’s track record of innovative projects, and design and construction expertise.”
Related is actively developing commercial office offerings in New York, Boston, Chicago, Northern California and South Florida. Related currently has 8 million square feet of commercial office under construction and an additional 10 million square feet in its development pipeline. At Hudson Yards, Related has leased or sold nearly 7 million square feet of office space to such tenants as Coach Inc.; L’Oréal USA; The Boston Consulting Group; SAP; VaynerMedia; Intersection and Sidewalk Labs; BlackRock; Boies, Schiller & Flexner; Cooley LLP; Intercept Pharmaceuticals; MarketAxess; Milbank, Tweed, Hadley & McCloy LLP; Point72; Third Point LLC; Silver Lake; DNB Bank; Kohlberg, Kravis & Roberts (KKR); Time Warner Inc.; and Wells Fargo. Related was also responsible for the development of Time Warner Inc.’s world headquarters, the Bertlesmann/Random House headquarters, Revlon Building and Nestle Foods U.S. offices, all in New York, and the new Converse Inc. global headquarters in Boston, Massachusetts.
Prior to joining Related, Mr. Visser served as director, World Trade Center Redevelopment for the Port Authority of NY & NJ, leading the $15 billion, 14 million-square-foot World Trade Center redevelopment. Prior to the World Trade Center, Mr. Visser was responsible for the acquisition and development of New York City projects for Tishman Speyer, worked in acquisitions at Vornado Realty Trust and ran the day-to-day development of commercial office and mixed-use projects for Forest City Ratner. Mr. Visser graduated summa cum laude from the University of Pennsylvania, where he was a Phi Beta Kappa member and Truman Scholar. He has an MBA from Columbia Business School and a Master of Science in Regional and Urban Planning from the London School of Economics, which he attended as a Thouron Fellow. Mr. Visser has previously chaired the YMCA’s 2016 and 2017 capital campaigns and is a Trustee of Kane Street Synagogue and a member of the Business Advisory Committee of the New York Aquarium and UJA Brooklyn Advisory Committee.
**For Philippe Visser’s corporate headshot in high resolution, please email [email protected].
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 and Shanghai and boasts a team of over 3,500 professionals. The Company’s portfolio of over $50 billion in real estate assets owned or under development 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 $4 billion of equity capital on behalf of sovereign wealth funds, public pension plans, multi-managers, endowments, and family offices. Related was recently named to Fast Company Magazine’s list of the 50 Most Innovative Companies in the World. Related also owns Equinox® Fitness Clubs and SoulCycle 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 also a partner in CORE, a boutique residential brokerage. For more information about Related Companies please visit www.related.com.