Dolphins owner Stephen Ross ranks No. 2 in real estate “Power 100”
The New York Observer’s latest Power 100 ranking of “The Most Powerful People in New York Real Estate,” places Dolphins owner Stephen M. Ross No. 2, behind only… President Barack Obama.
Ross, who is chairman and CEO of the Related Cos. (when he’s not working on the latest fan amenity at Land Shark Stadium), actually rose from No. 3 on the paper’s 2008 list. The publication calls Ross “the city’s unparalleled king of private development” who developed the Time Warner Center and is “the designated developer” of the West Side rail yards.
The list includes state and national politicians, hoteliers and university presidents. Donald Trump ranks No. 16, up from 38 last year. Two other sports team owners made the list: New Jersey Nets owner Bruce Ratner, who is still trying to develop Atlantic Yards with a new Nets arena in Brooklyn, fell from No. 8 last year to No. 23 this year; and New York Jets owner Woody Johnson ranks No. 68, as board president of luxury co-op 834 Fifth Avenue.
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Oh, sorry...I should have made that clearer. The list is of people who influence real estate decisions. So here's what the entry for Obama says:
President of the United States
The chief executive of chief executives has come to dominate an era in real estate when government largesse means the difference between deals and no deals. TARP, TALF, PPIP, OMFG!—the feds’ breathlessly watched efforts to loosen credit markets and therefore get capital moving here and around the globe places this Chicagoan securely (heh) atop our list as the most powerful person in New York real estate.
Posted by: Sarah Talalay | June 11, 2009 3:57 PM
I don't get the Obama reference. Does he have billions in NY Real Estate that we don't know about
Posted by: phishface | June 11, 2009 1:41 PM
Ross sure is a good business man. He and Jorge Perez seem to work well together (obviously) and I am a little surprised Perez hasn't purchased more of the team from Ross yet.
In an unrelated note, when the hell are they going to get started on the Freedom Tower? It's been 8 years...
Posted by: Adam S. | June 11, 2009 9:45 AM