Related Companies
30 Hudson Yards 72nd Floor New York, NY 10001
People:
Related Companies portfolio
$9.9 billion – condo 37.0%, office 29.0%; Manhattan 84.0%, Bronx 5.0%
5th largest portfolio by dollar value
29,463,754 sqft – elevator 32%, condo 26%;
5th largest by SF
324 properties – Manhattan 55%, Queens 18%
16th largest
13,250 residential units – Manhattan 62%, Queens 19%
7th largest by residential units
0 foreclosures, 0 bankruptcies, 6 other court cases.
Company Activity past 24 months:
Buyer company: 1 for $634.6 million
Seller company: 18 for $254.6 million
Borrower company: 12 for $1.8 billion
Lender company: 4 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
New York Community Bank (12), Wells Fargo (11), ABJ Properties (8), Related Companies (6), Bank of America (4), Deutsche Bank (4), Goldman Sachs (4), Nuchem Obstfeld (3), Mendel Kaff (3), Citizens Bank (2)
Top Ten Associated People:
Benjamin Soleimani (8), Daniel M. Bagatta (8), Christian Adrian (4), William J. Butler (2), David A. Palame (2), Shanna Vidal-Pope (2), Stephen Siminou (2), Mendel Kaff (2), Corinne Mullen (1), Adam H. Stone (1)
Latest Stories:
• Edward Ostad pays $3.4M to Related for 8-unit walkup in Carroll Gardens (November 22, 2024)
• Related Companies signs $300M refi for Gateway Center mall in East New York (October 29, 2024)
• Nathan Obstfeld pays $12M to Related for 53-unit walkup in Williamsburg (October 11, 2024)
• Related signs $380M refi for Bronx Terminal Market mall in Concourse (August 26, 2024)
• ABJ Properties pays $6.85M to Related for 3 Brooklyn walkups, bought for $10.8M (August 07, 2024)
Litigation: