Related Companies names Dermot Shea president of Related Commercial Property Management

Related Companies today announced that Dermot Shea has been named President of Related Commercial Property Management. In the newly created position, Mr. Shea will oversee the management and operations of Related Companies commercial office and mixed-use properties in New York City.

“Joining Related represents an exciting new chapter in my career and I’m looking forward to working with this already incredibly strong team,” said Dermot Shea. “Property management is a new challenge, and one that I’m looking forward to leveraging my management skills and data-driven strategies to deliver the best experience for tenants, customers and visitors to our properties.”

“Dermot Shea is an accomplished and experienced leader who will bring unparalleled integrity to our commercial property management operation,” said Jeff Blau, CEO of Related Companies. “We are thrilled to welcome him to the team and look forward to leveraging his management skills and expertise.”

Related’s mixed-use destinations are home to the headquarters of leading global corporations, cultural facilities, public open spaces, world-class retail and restaurants and iconic experiences. Prior to joining Related, Mr. Shea served as commissioner of the New York City Police Department. He spent 30 years at the NYPD and is widely credited for innovative, data-driven management strategies.

About Related Companies:
Related Companies is a global real estate and lifestyle company defined by innovation and the most prominent privately-owned real estate firm in the United States. Formed over 45 years ago, Related is the largest private owner of affordable housing and 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 and London, and boasts a team of approximately 4,000 professionals. With over $60 billion in assets owned or under development including the 28-acre Hudson Yards neighborhood on Manhattan’s West Side, Rosemary Square in West Palm Beach, The Grand and Related Santa Clara in California and The 78 in Chicago. Related was recently named to Fast Company Magazine’s list of the 50 Most Innovative Companies in the World. For more information about Related, please visit www.related.com.