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Jeff Blau

From Wikipedia, the free encyclopedia

Jeff Blau
Born1968
Woodbury, Long Island, New York, US
EducationUniversity of Michigan
M.B.A. University of Pennsylvania’s Wharton School
OccupationCEO of Related Companies
Children3

Jeff Blau is an American businessman and serves as chief executive officer of Related Companies.

Early life and education

Blau was born and raised in Woodbury, Long Island.[1]

Blau attended and graduated from the University of Michigan.[1] While in school, Blau teamed up with a local contractor to buy single-family homes in Ann Arbor and subdivide them into student apartments.[1][2][3][4]

Blau signed up for a graduate-level real estate development class during his junior year of undergrad. His professor introduced Blau to Stephen M. Ross when Ross delivered a keynote address at the university that year.[1][3][4]

In 1990, Blau graduated from school, and Ross offered him a job at Related Companies. From 1990 to 1992, Blau commuted from New York to Philadelphia, taking classes at the Wharton School of Business while working at Related Companies.[1][2][5]

Career

In 1994, Blau served as project manager of the joint-purchase, along with Apollo Real Estate, of the Tribeca Tower, converting it to an 80/20 building.[1]

Blau was appointed as President of Related Companies in 2000. By then, he had been involved in 25 deals exceeding $2 billion, with another almost $3 billion worth of property under construction.[1][2][4][5]

In 2001, he was included in Crain 40 Under 40 Class of 2001.[4]

Blau closed a deal to develop the Coliseum site at Columbus Circle by convincing Time Warner CEO Richard Parsons to sign on as an anchor tenant.[1]

Since 2012, Blau has been CEO of Related Companies,[1][2] and he is also partner to the company.[6][7] Blau has overseen projects worth over $60 billion since joining the Related Companies and has led the developments of Union Square and the Time Warner Center. He is most known for spearheading the development and opening of Hudson Yards.[2][3][7][8]

Blau founded the holding company Bikeshare Holdings LLC, which operates the Citi Bike sharing system in New York, in 2014.[9]

In 2020, he was named as part of Crain's New Influential List of 25 Leaders Reshaping New York.[7]

Blau is on the Board of Directors of Equinox Holdings, Inc., the Central Park Conservancy, the Partnership for New York City, and The Real Estate Roundtable. He serves on the Board of Trustees of the Mount Sinai Medical Center and the Urban Land Institute.[6] He is also chairman and founding partner of energyRe, which develops transformative clean energy projects.[10]

In 2023, Blau signed a statement from the Anti-Defamation League titled "Urge the University of Pennsylvania to Investigate Anti-Israel & Anti-Zionist Student Groups". The letter accuses Students for Justice in Palestine of "glorifying Hamas' atrocities" and declares Zionism to be "a fundamental component of Jewish identity".[11]

References

  1. ^ a b c d e f g h i Adam Piore (October 1, 2012). "The 'development' of a CEO" (PDF). The Real Deal. Retrieved September 8, 2023.
  2. ^ a b c d e Dan Clarendon (August 25, 2021). "Related Companies CEO Jeff Blau Wanted Workers to Return to the Office a Year Ago". Market Realist. Retrieved September 8, 2023.
  3. ^ a b c Paul Welitzkin (April 24, 2015). "Jeff Blau: A natural to run huge NY site". China Daily USA. Retrieved September 12, 2023.
  4. ^ a b c d "40 UNDER 40 CLASS OF 2001". Crain's. Retrieved September 12, 2023.
  5. ^ a b Matthew Brodsky (December 8, 2011). "Relating a Story About Real Estate Entrepreneurship". Wharton Magazine. Retrieved September 12, 2023.
  6. ^ a b Noam Meir (June 26, 2015). "Jeff Blau Selling Hamptons Estate For $32 Million". Jewish Business News. Retrieved September 8, 2023.
  7. ^ a b c Jeff Karoub (August 6, 2020). "Stephen Ross, Jeff Blau give $6M to launch diversity initiatives at Michigan Ross". University of Michigan. Retrieved September 8, 2023.
  8. ^ "The 2021 Energy & Environment Power 100". City and State. December 20, 2021. Retrieved September 8, 2023.
  9. ^ Sarah Kessler (January 12, 2016). "Love Citi Bike? You Have A Real Estate Developer To Thank". Fast Company. Retrieved September 12, 2023.
  10. ^ "Jeff Blau". CNBC. August 3, 2023. Retrieved September 12, 2023.
  11. ^ "Wall St. Bosses Clash Over When Universities Should 'Take a Stance'". The New York Times. Retrieved 2024-01-24.
This page was last edited on 21 June 2024, at 17:45
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