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Mayor Bloomberg, MTA officials and local leaders take first ride on 7 Subway Train Extension

Mayor Michael R. Bloomberg, MTA officials and other local leaders today took the first ride on the extension of the 7 Subway line, terminating at the new subway station located at 34th Street and Eleventh Avenue in Manhattan. The 7 Subway Extension is the first extension funded by the city in more…
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Related Companies preserves 4,026 units of affordable housing across 8 states in 2013

Related Companies, the nation’s preeminent privately-owned real estate developer, today announced the long-term preservation of 4,026 units of affordable housing in 45 developments across 8 states in 2013, as well as the completed rehabilitation of 1,483 units in properties that were acquired in…
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Related Fund Management closes on two debt investments

Related Companies today announced that it has closed on two mezzanine and bridge debt investments in New York City and Santa Ana, California as part of Related’s credit platform. Related, along with its partners, originated a $100 million mezzanine loan for the acquisition and condominium…
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Top four floors of One Madison sold for in excess of $57 million

With Manhattan’s downtown real estate market reaching new heights, Related Sales today announced a significant sale at its iconic condominium, One Madison. The crown jewel of the building, the top four floors, which encompass 10,160 square feet and include the triplex penthouse, have gone into…
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Related and Abington unveil Abington House on the High Line

Related Rentals announces the launch of Abington House on the High Line, its newest and most architecturally significant residential rental building designed by Robert A.M. Stern Architects with interiors by Clodagh Design. Offering 312 thoughtfully crafted residences, the 33-story brick and steel…
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Euston Estate landowner teams up with leading U.S. real estate developer Related Companies to pursue redevelopment of Euston Station area

Sydney & London Properties and leading U.S. real estate developer Related Companies today announced that they have formed a partnership to pursue redevelopment of the Euston station area subject to Government consent to pursue the project. Sydney & London Properties act as Project Manager…
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NYU CUSP, Related Companies and Oxford Properties Group team up to create "first quantified community" in the United States at Hudson Yards

New York University’s Center for Urban Science and Progress (CUSP) today announced that it will partner with Related Companies and Oxford Properties Group to create the nation’s first “Quantified Community”—a fully-instrumented urban neighborhood that will measure and analyze key physical and…
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Stephen Ross makes over $30 million gift to WRI to advance sustainable cities

Stephen M. Ross, a world-recognized business leader, real estate developer and philanthropist announced today a $30.5 million contribution to the World Resources Institute (WRI) to galvanize action that will help cities grow smarter and more sustainably in developing countries around the world.…
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