Lefrak Organization - An Overview

Lefrak Organization - An Overview

Blog Article

Harrison Lefrak

Gateway is the first residential advancement to get form in Battery Park City, and is also surrounded by A non-public park.

LeFrak expenditure administration affiliates spend substantial cash in the two domestic and overseas equities, which has a focus on mid- to extensive-time period price. Trying to get alternatives in sectors which have strong macro-economic fundamentals, the business employs various exploration methodologies to identify shares which are trading at beautiful charges.

Until eventually his wellbeing started to fall short about a year back following he endured a stroke, LeFrak expended most of his time on his enterprise, maintaining near tabs on all the continued tasks.

Created by Arquitectonica, a company based in Miami, the developing provides unobstructed river sights as it sits on steel piles extending onto the river. “It’s such as you’re with a cruise ship,” Richard LeFrak said.

He later on split off ten acres on DeKalb Avenue to construct tiny homes. Eventually, he started constructing wander-up condominium buildings.

Richard LeFrak, a genial, easy as well as-keeled tycoon, displays Not one of the noisy flamboyance of his father, but all the relatives’s work ethic and aversion to high-chance financing. There may be little if any personal debt to the family’s holdings: 22 million sq. ft of residential house, the equivalent of about 25,000 apartments, and twelve million sq. toes of Workplace space.

IDX data is presented exclusively for consumers’ own, non-business use and it might not be useful for any objective other than to establish potential properties people could have an interest in getting.

Uncover basics on Every marketer for instance title, career title, brand duties, email, and direct telephone number, and also latest advertising methods, areas of media investment decision, and do’s and don’ts for engaging. Listed here’s the forms of thoughts you’ll manage to promptly remedy with our database:

Our roots in household residence go back to our founding, and right now LeFrak is one of the biggest privately held condominium proprietors inside the state. From Big apple and New Jersey to California, Washington and Florida, we meet up with a range of dwelling requires with exceptionally large-top quality alternatives.

Our thriving asset administration has produced a very carefully regarded as portfolio based on conservative, steady financing. Along with several residence sorts, We've sizeable investments in anything from securities and check here private companies to energy, oil and gasoline. LeFrak also on a regular basis enhances its place with sensible investments throughout The us and around the world.

It absolutely was predetermined from After i was 6 several years aged. When I was incredibly youthful, my dad would just take me into the Place of work on weekends. I used to be specified the same speech, or propaganda, dependant upon the way you look at it, of, “I’m carrying out this in your case.

The real-estate mogul on his father’s ‘propaganda,’ his $6.6B net truly worth plus a cupboard place in a very Trump White Home

CityRealty is committed to making certain electronic accessibility for people with disabilities. We're repeatedly Operating to improve the accessibility of our World wide web working experience for everybody, and we welcome feed-back and accommodation requests.

He was far more of the showman. My dad was a visionary character. He was sixty five once we acquired in Jersey Town. The area was derelict, and he picked up the mobile phone and stated, “Richard, I’ve been dreaming about something similar to this my entire life.”

Report this page