Lalezarian Properties | The Real Deal New York

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Lalezarian Properties

Garden City, NY
Lalezarian Properties
Lalezarian Properties is a small, family-owned property management and development company that leases both residential and commercial buildings, primarily in Manhattan. Founded in 1981 and based on Long Island, Lalezarian is viewed as a smaller player but one that often manages to get into the same coveted neighborhoods as its bigger rivals, such as Cobble Hill and areas in the Financial District. It has more than 3,000 apartments to its name. Lalezarian has been particularly active on Manhattan's West Side, buying up several luxury apartments alongside the newly refurbished High Line in Chelsea. In 2015 the company bought into Hudson Square and began developing several mixed-use buildings with an eye to a large profit windfall post-2016. However, Lalezarian has worked with the city to build affordable housing nearby as well, tapping 75 apartments for the city's Inclusionary Housing program. Lalezarian has some of the same legal troubles as its larger corporate brethren. In 2011 it was the target of a lawsuit by construction union workers who alleged it had cheated them out of millions of dollars in wages and benefits. That same year, Great Neck, N.Y., residents fought against Lalezarian's proposals to build multi-family units in their largely single-family neighborhood, claiming several of the company's buildings had safety and environmental violations.
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Lalezarian-507-West-28th-StreetFB
08/07/16
...t been able to cash in on the traffic because Lalezarian Properties’ new development allegedly destroyed their business. (more&hellip...

Lalezarian-507-West-28th-StreetFB
05/16/16
...the High Line is getting ready to make its debut. Lalezarian Properties plans to launch leasing this summer at its 375-unit development...

Rockrose-555-W38-FB
02/25/16
Rockrose Development plans to build an office and residential tower that could be as large as 1.4 million square feet at a Hudson Yards development...

Kevin Lalezarian thumb
11/05/15
...Chartlton Street in Hudson Square Lake Success, N.Y.-based Lalezarian Properties filed a permit application to build a 61-unit rental building...

Jason-Lee-519W29FB
10/27/15
Condo developer Six Sigma is in contract to buy a six-story self-storage facility near the northern end of the High Line in Chelsea for $54...

Kevin Lalezarian Bob Knakal
08/07/15
Residential developer Kevin Lalezarian paid an eye-popping $1,200 per-square-foot for a Hudson Yards development site on the High Line where — for at least the time...

Kevin LalezarianFB
06/11/15
...-521 West 36th Street and Kevin Lalezarian (inset) Lalezarian Properties is looking to build a 38-story apartment tower in Hudson...

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10/21/14
...Charlton Street in Hudson Square, David Noonan and Jennifer Schwartzman Lalezarian Properties is looking to reap a windfall on a pair of...

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09/24/14
With Related’s Abington House on one side and the AVA High Line on the other, a trio of new buildings will bring another 374 rentals...

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01/23/14
...Carmel's Ron Zeff and 15 Cliff Street Lalezarian Properties has sold its Financial District rental building at 15 Cliff Street...

511-515 West 36th Street
05/02/13
...-515 West 36th Street Lalezarian Properties has paid $21.25 million for a commercial loft building in the...

winick.jpg
12/29/10
...in Downtown Brooklyn; Forest City Ratner's 354-unit 80 DeKalb Avenue; and Lalezarian Properties...

07/01/10
...Citi Habitats, which is marketing the building for the developer, Lalezarian Properties, said leasing up the Townsend "shouldn't take more than six...

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03/02/10
...rent. Also in May, Citi Habitats will start leasing at Lalezarian Properties’ new rental project at 350 West 37th Street at Ninth Avenue...

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01/14/10
...a successful marketing strategy. Two months since its sales launch, Lalezarian Properties has received 100 applications for the building...

cliff.jpg
07/03/08
...its time as an NYU dorm, sold the building to Lalezarian Properties in November 2007 for more than $60 million.NYU lost 350 beds in...
Lalezarian Properties, Principal
1999 Marcus Avenue, Suite 310, Lake Success, NY, 516-488-3000
Kevin Lalezarian is principal at Lalezarian Properties, a small, family-owned real estate development...
Lalezarian Properties, Owner
1999 Marcus Avenue, Suite 310, Lake Success, NY, 516-488-3000
Frank Lalezarian is the owner of Lalezarian Properties, a small, family-owned property management...
  • Event Financing
  • Address 15 Cliff Street
  • Neighborhood Financial District
  • Borough Manhattan
notes
A $61 million financing was arranged for the acquisition of the luxury rental building. The property is owned by Rockrose Development Corporation It has 1,800 square feet of commercial space and a 4,734-square-foot garage. The company does not have any immediate plans for the 31-story apartment building, 156 units total.
Manhattan, 10018
Lalezarian Properties, HUDSON 36 LLC
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Manhattan, 10014
Lalezarian Properties, CHARLTON MANAGEMENT LLC
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Manhattan, 10009
222 E. 3RD STREET,
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Manhattan, 10011
155 W. 21ST ST. LLC
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Manhattan, 10018
Lalezarian Development, TOWER 37 LLC
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Manhattan, 10018
Lalezarian Properties, HUDSON 36 LLC
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Manhattan, 10014
Lalezarian Properties, CHARLTON MANAGEMENT LLC
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Manhattan, 10018
Lalezarian Development, TOWER 37 LLC
...
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