Aurora Capital Associates is a real estate investment firm run by Bobby Cayre. The firm has taken a particular interest in the Meatpacking District, with plans to redevelop nine buildings along Gansevoort Street. The plans caused some local outrage, however, as Aurora executives caused the historic street a blight for the community and announced plans to demolish several landmarked buildings. The local community board rejected the plans in late 2015, forcing Aurora to go before the Landmarks Preservation Commission, which approved an altered version of the project in June 2016. Aurora has been active elsewhere in the city. In 2013, the firm paid $23 million for a retail building in South Bronxs main shopping district, two years after the property had fallen into foreclosure. In late 2015, Aurora refinanced one of the six-story Soho retail buildings that it had purchased in 2008 with Olmstead Properties. Aurora Capital is also a member of the Manhattan Chamber of Commerce.