The costs associated with the real estate company for the mandatory vaccination of all employees

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By Robert Barba

Real estate firm Related Cos. Will require its employees to receive at least the first Covid-19 vaccine by August 31, an email to employees said on Monday.

In April, the company informed its employees that vaccinations will become mandatory when supplies are sufficient. Approximately 1,000 corporate employees were required to comply with the June 1 vaccination mandate, and on Monday the move extends that mandate to a wider workforce.

“Your health and safety has been our absolute priority – and it will always be,” says Related Cos’ memo. “The only thing we can do as a company is to ensure that our employees are vaccinated.”

The note says individuals released for medical or religious reasons will be required to undergo regular testing.

A company spokesman said Related has about 4,000 employees.

Email Robert Barba at robert.barba@wsj.com

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