netrashetty

Netra Shetty
The Related Companies L.P. is a real estate developer, manager and financier. The developer of numerous high-profile projects in New York City and around the United States, Related is best known for its historic 2.8 million-square-foot $1,700,000,000 Time Warner Center on Columbus Circle. A branch of the company, Related Group of Florida, headquartered in Downtown Miami, is one of the largest developers in Miami, and has built many large scale residential high-rise apartments in Miami.[1]


I surround myself with the brightest people possible by creating an environment where they can learn, grow and really be part of things. My role is simple: I bring everyone together with the resources they need to maximize their talent. This is the key to the continued success of the company.

Stephen M. Ross is the Chairman, Chief Executive Officer and Founder of Related Companies. Mr. Ross formed the company in 1972 and today the company includes over 2,000 professionals. Related has developed over $20 billion in real estate and owns real estate assets valued at over $15 billion made up of best-in-class mixed-use, residential, retail, office, trade show and affordable properties in premier high-barrier-to-entry markets. Mr. Ross is also the majority owner of the Miami Dolphins and Sun Life Stadium.

Mr. Ross began his career in Detroit, Michigan as a tax attorney. He later moved to New York where he specialized in real estate and corporate finance at two investment banking firms immediately prior to founding Related. Mr. Ross graduated from the University of Michigan with a Bachelor of Business Administration degree and from Wayne State University Law School with a Juris Doctor degree. He then received a Master of Laws in Taxation from New York University School of Law. In 2004, the University of Michigan renamed its business school the Stephen M. Ross School of Business at the University of Michigan.

Mr. Ross is Chairman of the Board of Directors of Equinox Holdings, Inc. and chairperson emeritus of the Real Estate Board of New York (REBNY), the city’s leading real estate trade association. As a member of the Board of Trustees of the Guggenheim Foundation, Mr. Ross was involved in the planning of a major renovation of the Frank Lloyd Wright iconic building in New York and other new museums. He is a trustee of New York Presbyterian Hospital, the Urban Land Institute, the NY Chapter of Juvenile Diabetes Research Foundation International, the Levin Institute and is a director of the Jackie Robinson Foundation and the World Resources Institute. He also serves on the Executive Committee and is a trustee of Lincoln Center.

Over the years, Mr. Ross has received numerous honors for his business, civic, and philanthropic activities. Most recently, he was named the Most Powerful Person in New York Real Estate by the New York Observer, Multi-Family Property Executive of the Year by Commercial Property News, and Housing Person of the Year by the National Housing Conference. In 2007 he received The National Building Museum Honor Award and in 2005, REBNY presented him with the Harry B. Helmsley Distinguished New Yorker Award. In 2003, he received the Jack D. Weiler Award from UJA. Crain’s New York named Mr. Ross one of the 100 Most Influential Leaders in Business and Mr. Ross was recognized by NYC & Company with their Leadership in Tourism Award.

Founded as Related Housing Companies in 1972 by Stephen M. Ross, the company began by developing government assisted housing developments. By the end of the decade more than 50 developments had been completed, worth over $250 million[2]. During the 1980s offices were opened in New York City, Miami, Chicago and California, and the company name was changed to Related due to the growth and expanded services that the company provided[3].
In the 1990s the company was re-organized into three divisions - Development, Management and Financial Services[4].
Related is a 13% stock owner of Centerline Holding Company, a real estate finance and asset management company. In August 2007 the company announced their intention to acquire the majority controlling interest of Virgin Megastores North America.[5] They have since decided to close Virgin Megastores North America.
Related is the developer of "The Century" a 140 unit condominium project in Century City, California. The Century City News likens this project to Michelangelo's David. Century City has begun calling this tower "The David."[6]
 
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