Related Companies

September 11, 2014

The Golden Age of Related: A Closer Look at New York’s Leading Real Estate Developer

Founded in 1972 by former tax attorney Stephen Ross, the Related Companies got its start securing funding for affordable housing upstate. Before long, the company moved to New York City, bringing affordable units to Battery Park City and the Upper East Side. When the boom years of the 1990's hit, Related got involved with luxury development, beginning with the renovation and conversion of an historic Beaux Arts building at Union Square into the W Hotel and then the development of 1 Union Square South. Today, the Related name is attached to some of today's biggest and most high profile projects, including One Madison and Hudson Yards. And with more than $15 billion in assets, the company is New York's leading real estate developer.
We take a closer look at Related's high-end portfolio
September 3, 2014

Real Estate Wire: The Helmsley Building Could Hit the Market for $1.5B; Carnegie Park Going Co-Op

The Commercial Observer interviews Gary Barnett of Extell. The developer discusses everything from his aggressive development stance to the “poor door” controversy that’s gotten everyone all riled up. [CO] An epic tale of murder at 31 Bond Street—the site of new condos coming to the NoHo market. [NYT] The “Gossip Girl Penthouse” at 1136 Fifth Avenue sold […]

August 28, 2014

One Madison: A Modern Marvel on Madison Square

When it comes to New York City real estate, many people liken fluctuating prices to the chicken-or-egg phenomenon: does a building transform a neighborhood or does construction follow the most up-and-coming areas? In the case of One Madison, the super sleek 60-story, high-rise tower that is home to a media mogul, a supermodel, and star quarterback, gentrification had already taken hold in the larger NoMad area when construction began on the building in 2006.
Take a look at the towering building and how it became one of the city's top-sellers
July 24, 2014

Do Not Disturb! Peeking Into the NYC Condo Hotel Market

Who wouldn't want to be able to order a juicy burger in the middle of the night and have it delivered in mere minutes? Or never have to worry about making the bed or folding sheets ever again (does anyone know how to fold the fitted sheet properly)? How about having an on-call masseuse? This is the life of living in a condo hotel. Today, the city is teeming with these luxurious hybrids. The Residences at the Ritz Carlton in Battery Park City are home to the city's most expensive listing at $118 million. The landmark Plaza Hotel was partially converted to 181 residences in 2008. And let's not forget One57, the 90-story, 52-condo tower that will be the first five-star luxury hotel to rise in New York City in the last ten years. But do the vacation-worthy amenities at these buildings make them dominant in the real estate market?
We take a closer look
May 29, 2014

A Unique $3.2 Million Tribeca Loft to Bring Out Your Inner Artist

On the road again… I can’t wait to get on the road again… Yes, one glance at 466 Washington Street #3W is going to have you feeling like you just got off a bumpy bus ride in Tijuana and stopped in for a beer at a local tavern. That’s part of the charm of this 3,500-square-foot, one-of-a-kind loft. It’s perfectly suited for the artist who was “born to run” or just born to work, embracing a live/work atmosphere. The apartment’s trendy personality, combined with its original hand sewn beams and exposed brick walls produces a blend of old and new, making it a perfect haven for creative inspiration.
Check out more photos of this unique loft here