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Related Reportedly Seeks Financing for Rail Yard Platform

NYC-Industrial Development Agency logoNYC-Industrial Development Agency
Disclosed value
Approximately $2 billion
From transcript
Document date
Sep 10, 2025

The 30-second brief

What it covers

Related is reportedly seeking HYIC financing for a Western Rail Yard platform estimated to cost approximately $2 billion. Testimony raises whether revenues from the proposed 99 Hudson Boulevard transaction could be connected to that financing.

Who holds it

RELATED holds this financial services contract with NYC-Industrial Development Agency. Its other public contracts on record include work for Chicago Housing Authority and City of Park.

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Contract details

Contract type
Financial Services
Amount
Approximately $2 billion
Document date
September 10, 2025
Vendor
RELATED
Agency
NYC-Industrial Development Agency
Source document
New York City Industrial Development Agency Public Hearing Testimony Submissions 2025-09-10 (Transcript)

RELATED's other public contracts

Chicago Housing Authority, IllinoisRelated Mentioned in Development Comment · Jul 21, 2026UndisclosedCity of Park, UtahRelated Chosen as Senior Center Development Partner · Jul 9, 2026UndisclosedWashington County, OregonHawk’s Landing Affordable Housing Proposal Under Review · Jan 6, 2026PALM BEACH county HOUSING AUTHORITY, FloridaDeveloper Fee Advance for Lake Worth Towers · Dec 16, 2025City of Hollywood, FloridaRelated Continues as Beach Community Center P3 Partner · Dec 10, 2025UndisclosedAll RELATED contractsVendor profile

More NYC-Industrial Development Agency contracts

New York PostNYC IDA Uses New York Post for Hearing Notices · Oct 1, 2026UndisclosedGold House Foundation IncNYC IDA Awards Founder Fellowship Contract to Gold House · Oct 1, 2026$247.5KPlug & Play LLCNYC IDA Awards International Startup Program Contract · Oct 1, 2026$431.2KNew Lab LLCNYC IDA Awards Fellowship Contract to New Lab · Oct 1, 2026$547.5KErnst & Young LLPNYC IDA Awards Audit Services Contract to Ernst & Young · Oct 1, 2026$286.1KAll NYC-Industrial Development Agency activityAgency profile

Questions about this contract

Who was awarded the financial services contract by NYC-Industrial Development Agency?

RELATED was awarded this financial services contract by NYC-Industrial Development Agency, as recorded on September 10, 2025. The contract value is Approximately $2 billion.

How much is the RELATED contract with NYC-Industrial Development Agency worth?

The RELATED contract with NYC-Industrial Development Agency is valued at Approximately $2 billion, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a transcript record.

Where was this contract approved?

This contract appears in New York City Industrial Development Agency Public Hearing Testimony Submissions 2025-09-10 (Transcript), dated September 10, 2025 from NYC-Industrial Development Agency. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does RELATED hold?

RELATED may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is NYC-Industrial Development Agency currently buying?

Explore NYC-Industrial Development Agency's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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