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%;
6th largest by SF
323 properties – Manhattan 55%, Bronx 17%
18th 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: 4 for $649.3 million
Seller company: 24 for $955.1 million
Borrower company: 15 for $2.3 billion
Lender company: 4 for $0
Top Ten Associated Companies:
Wells Fargo (14), New York Community Bank (12), ABJ Properties (8), Related Companies (6), Bank of America (4), Deutsche Bank (4), Goldman Sachs (4), Tredway (3), Gilbane Development (3), ELH Mgmt. (3)
Top Ten Associated People:
Benjamin Soleimani (8), Daniel M. Bagatta (8), Christian Adrian (5), Jacqueline Tom (3), Adam Sussi (3), William J. Butler (2), Eric Benaim (2), David A. Palame (2), Shanna Vidal-Pope (2), Stephen Siminou (2)
Recent activity as company:
• Related Companies borrowed $100 million from TYKO Capital for 400-410 East 84th Street, Yorkville, Manhattan on January 23, 2025.
• Related Companies borrowed $6.5 million from LMF Commercial for 529 West 29th Street and 529 West 29th Street, Chelsea, Manhattan on January 09, 2025.
• Black Spruce Management borrowed $91.2 million from Goldman Sachs for 80-08 135th Street, 81-10 135th Street, 515 St Marks Avenue, 1063 Pacific Street, 663 Classon Avenue, and others, Briarwood, Queens on December 09, 2024.
• Related Companies for Andrew Orchulli filed plans for new building for 757,430 sqft in Midtown East, Manhattan, on November 26, 2024.
• New York City Football Club, Related Companies and Sterling Equities borrowed $425 million from JPMorgan Chase for 126-02 35th Avenue and 37-11 126th Street, Willets Point, Queens on November 22, 2024.
• City of New York, Related Companies and Sterling Equities sold 126-02 35th Avenue and 37-11 126th Street, Willets Point, Queens for $45.7 million to New York City Football Club on November 22, 2024.
• Related Companies sold 181 Havemeyer Street, Williamsburg, Brooklyn for $5.2 million to Nuchem Obstfeld on November 21, 2024.
• Related Companies sold 103 3rd Place, Carroll Gardens, Brooklyn for $3.4 million to Edward Ostad on November 21, 2024.
• Related Companies sold 164 Havemeyer Street, Williamsburg, Brooklyn for $4.8 million to Nuchem Obstfeld on November 20, 2024.
• Related Companies sold 329 Lincoln Place, Prospect Heights, Brooklyn for $3.6 million to ABJ Properties on November 20, 2024.
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)
Court Records:
Properties: