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Lefrak Organization

40 West 57th Street, 23rd Floor
New York, NY 10019
(212) 246-1172
Website
info@lefrak.com

The LeFrak Organization is a New York City-based, privately-held, family-run company that owns, develops, and manages real estate. The company also operates as a private equity fund, acquiring private businesses, as a hedge fund that trades in securities, and as an energy firm, through its holdings of oil and gas wells and mineral rights. The company formerly specialized in no-frills residential developments, including Battery Park City, LeFrak City in Queens, and Newport, Jersey City. Since the death of founder Samuel J. LeFrak, the Lefrak Organization has undertook more upscale developments. Its portfolio includes 400 buildings, most of them self-developed, and concentrated in New York and New Jersey. LeFrak also owns real estate in South Florida and on the West coast. The portfolio spans residential and office buildings as well as hotels and retail properties. As of September 2015, Richard LeFrak, Samuels son, was the companys chairman and chief executive. -GB


Pebblebrook looking to derail Blackstone’s $4.8B bid for La Salle
06/11/18
...it sold the Dumont NYC Hotel to the LeFrak Organization last year. If its proposal gets the required two-thirds vote from LaSalle shareholders, Pebblebrook...

Starwood Capital wants to build a new HQ in Miami Beach
05/10/18
...from 1 Hotel & Homes, which Starwood and the LeFrak Organization completed in 2015. Starwood subsidiary Starwood Property Trust acquired LNR, the largest commercial special servicer...

Meet Steve Roth, the toughest man in RE
04/09/18
...benefit from that,” Richard LeFrak, CEO of the LeFrak Organization and a close friend of Roth’s, told The Real Deal. But the Vornado...

The next frontier: Why investors are flocking to Rego Park
01/22/18
...a 113-unit residential building for $31.5 million, and the LeFrak Organization sold an 11-story office building.  Modern Spaces CEO Eric Benaim described Rego Park as...

The top NYC real estate events next week
01/12/18
...amp; Associates, Richard LeFrak, chairman and CEO of LeFrak Organization, Joanne Podell, executive vice chairman at Cushman & Wakefield, Gene Boniberger, senior vice president...

These are the NYC areas seeing an uptick in activity amid a down market
01/11/18
...a 113-unit residential building for $31.5 million, and the LeFrak Organization sold an 11-story office building.  Modern Spaces CEO Eric Benaim described Rego Park as...

Gentrification City
...a 113-unit residential building for $31.5 million, and the LeFrak Organization sold an 11-story office building.  Modern Spaces CEO Eric Benaim described Rego Park as...

Penthouse at LeFrak’s Ellipse becomes Jersey City’s priciest rental listing
11/30/17
...the largest of five penthouses at the Ellipse, LeFrak Organization’s 41-story elliptical tower in the the Newport neighborhood. The full-floor apartment spans 2,300 square...

Real estate backs renegade Dems
10/13/17
...as Glenwood Management, the Parkoff Organization and the LeFrak Organization have been among the leading contributors to the RSA’s two political action committees...

Real estate backs
renegade Dems
...as Glenwood Management, the Parkoff Organization and the LeFrak Organization have been among the leading contributors to the RSA’s two political action committees...

From Bistricer to Rockpoint: The new Starrett City deal is a far cry from what might have been
09/26/17
...A&E Real Estate Holdings and the LeFrak Organization – toured the properties, but no serious negotiations arose, sources said. A plan to refinance...

Ranking the biggest, most profitable family firms in NYC
09/13/17
...families shaping its skyline. Family-run businesses like the LeFrak Organization, Tishman Speyer, Rudin Management and the Durst Organization are local legends, known for taking...

How loyal is Richard LeFrak?
09/08/17
...Harry and Jamie, both managing directors at the LeFrak Organization, seem to be ramping up the wattage, hiring brand-name architects, including Arquitectonica, and pushing...

How loyal is LeFrak?
...Harry and Jamie, both managing directors at the LeFrak Organization, seem to be ramping up the wattage, hiring brand-name architects, including Arquitectonica, and pushing...

NYC’s next wave of dynasties
...families shaping its skyline. Family-run businesses like the LeFrak Organization, Tishman Speyer, Rudin Management and the Durst Organization are local legends, known for taking...

National Cheat Sheet: US home sales fell to a 2017 low in July, WeWork scores $4.4B investment from SoftBank … & more
08/25/17
...inappropriate” Charlottesville comments Richard LeFrak, head of the LeFrak Organization and co-chair of President Trump’s now-disbanded infrastructure council, is sticking by his longtime...

Richard LeFrak says Trump’s Charlottesville comments were “inappropriate.” But he’ll stick by his pal
08/23/17
...be confused about him,” LeFrak, who heads the LeFrak Organization and was co-chair of Trump’s now-disbanded infrastructure council, said in an interview with...

Paydirt: The multifamily market is a reputational minefield
08/21/17
...to him – Vornado Realty Trust’s Steve Roth, LeFrak Organization’s Richard LeFrak and Colony NorthStar’s Tom Barrack. Bannon, who returned to the...

Real estate remains largely silent on Trump’s Charlottesville stance, even as Big Business slams him
08/17/17
...to the president: Vornado Realty Trust’s Roth, LeFrak Organization’s Richard LeFrak and Vector Group CEO and Douglas Elliman chair Lorber. Roth and...

Queens investment sales slumped in the first half of 2017
07/24/17
...Queens investor Karan Singh for $76.25 million, and the LeFrak Organization sold an 11-story office building at 95-25 Queens Boulevard in March for $140 million to...

Gansevoort Park Avenue could soon be hitting the market
07/18/17
...the Morgans Hotel in Murray Hill  and the LeFrak Organization is planning the same for the Dumont hotel in Kips Bay...

Powerful landlord group RSA has nearly $2M in political dry powder
07/17/17
...like Glenwood Management, the Parkoff Organization and the LeFrak Organization helped fill the coffers earlier this year. Through two of its affiliated political action...

HIG Realty, Morgenstern Capital buying Madison Park Tower for $80M
07/11/17
...partners last year. Further East On 34th Street, LeFrak Organization recently bought the Affinia-branded Dumont hotel at 150 East 34th Street for $118 million, where he...

Check out LeFrak’s resi conversion plans for the Dumont Hotel
06/22/17
...th and Richard LeFrak (Credit: Getty Images) The LeFrak Organization plans to convert the former Affinia Dumont hotel into a 260-unit luxury rental building...

Developers asking $118M for new 23-story Murray Hill rental building
06/22/17
...rental apartments in 2014. Elsewhere in the neighborhood, the LeFrak Organization recently closed on the $118 million purchase of the 37-story, 252-key Affinia-branded Dumont hotel at...
Raymond Kawas
LeFrak Organization, Real Estate Salesperson
40 West 57th Street, New York, NY, (212) 708-6600
...
Pamela Grant
LeFrak Organization, Real Estate Salesperson
40 West 57th Street, New York, NY, (212) 708-6600
...
Mario Gaztambide
LeFrak Organization, Limited Liability Broker
40 West 57th Street, New York, NY, (212) 708-6600
...
Mark Dunbrack
LeFrak Organization, Real Estate Salesperson
40 West 57th Street, New York, NY, (212) 708-6600
...
richard-lefrak
Richard LeFrak
LeFrak Organization, Chairman and CEO
40 West 57th Street, 23rd Floor, New York, NY, (212) 246-1172
Richard LeFrak has been among the top executives of his family’’s LeFrak Organization...
For more info, click here
  • Event Sales
  • Address 150 East 34th Street
  • Neighborhood Kips Bay
  • Borough Manhattan
  • Square feet 176,600
  • Price $ 120,000,000
notes
The 37-story, 252-key hotel was sold for $120 million.
For more info, click here
  • Event Office Leasing
  • Address 40 West 57th Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 7,250
notes
The financial services provider signed a lease.
For more info, click here
  • Event Retail Leasing
  • Address 325 South End Avenue
  • Neighborhood Battery Park City
  • Borough Manhattan
  • Square feet 2,361
notes
The restaurant chain signed a 15-year lease.
For more info, click here
  • Event Retail Leasing
  • Address 320 South End Avenue
  • Neighborhood Battery Park City
  • Borough Manhattan
  • Square feet 2,361
notes
The Mexican chain signed a 15-year lease with a five-year option.
For more info, click here
  • Event Office Leasing
  • Address 97-77 Queens Boulevard
  • Neighborhood Rego Park
  • Borough Queens
  • Square feet 5,326
  • Publication Date 02/01/2014
  • Event Date 12/23/2013
  • Party 1 LeFrak Organization
  • Party 1 Brokerage CBRE
  • Party 1 Broker Roy Chipkin
  • Party 2 American Red Cross
  • Party 2 Brokerage M.C. O'Brien
notes
The disaster relief organization signed a lease.
For more info, click here
  • Event Retail Leasing
  • Address 3780 Nostrand Avenue
  • Neighborhood Sheepshead Bay
  • Borough Brooklyn
  • Square feet 16,000
  • Publication Date 09/01/2013
  • Event Date 07/18/2013
  • Party 1 LeFrak Organization
  • Party 1 Broker Mike Stone
  • Party 2 Blink Fitness
  • Party 2 Broker Ezra Saff
notes
The fitness chain signed a lease for a new location.
For more info, click here
  • Event Office Leasing
  • Address 95-25 Queens Boulevard
  • Neighborhood Rego Park
  • Borough Queens
  • Square feet 25,000
notes
The life insurance company signed a 10-year lease for the entire fourth floor, the New York Post reported. Mitti Liebersohn began negotiating the lease on behalf of the tenant while he was with Cushman & Wakefield, but he is now with JLL.
For more info, click here
  • Event Retail Leasing
  • Address 375 South End Avenue
  • Neighborhood Battery Park City
  • Borough Manhattan
  • Square feet 2,200
notes
The company signed a lease for a restaurant.
For more info, click here
  • Event Office Leasing
  • Address 40 West 57th Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 75,000
  • Price per foot $ 85.00
  • Publication Date 06/01/2010
  • Event Date 04/22/2010
  • Party 1 LeFrak Organization
  • Party 1 Brokerage CBRE
  • Party 1 Broker Howard Fiddle, Zach Freeman
  • Party 2 Elliott Associates
  • Party 2 Brokerage Newmark Grubb Knight Frank
  • Party 2 Broker Chris Mongeluzo
notes
The hedge fund inked a 15-year lease for the entire fifth floor and partial 30th and 31st floors.
For more info, click here
  • Event Office Leasing
  • Address 40 West 57th Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 63,000
  • Price per foot $ 80.00
  • Publication Date 10/01/2009
  • Event Date 08/22/2009
  • Party 1 LeFrak Organization
  • Party 2 AlixPartners
notes
The advisory firm signed a direct lease with the landlord for about 13,000 square feet and subleased 50,000 square feet from a hedge fund.
For more info, click here
  • Event Office Leasing
  • Address 40 West 57th Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 63,000
  • Price per foot $ 80.00
  • Publication Date 10/01/2009
  • Event Date 08/22/2009
  • Party 1 LeFrak Organization
  • Party 2 AlixPartners
notes
The advisory firm signed a direct lease with the landlord for about 13,000 square feet and subleased 50,000 square feet from a hedge fund.
For more info, click here
  • Event Office Leasing
  • Address 40 West 57th Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 109,000
  • Publication Date 07/01/2008
  • Event Date 05/22/2008
  • Party 1 LeFrak Organization
  • Party 1 Brokerage CBRE
  • Party 1 Broker Howard Fiddle, Sloane Rhulen, Zach Freeman
  • Party 2 Highbridge Capital Management
  • Party 2 Brokerage Cushman & Wakefield
  • Party 2 Broker Franklin Speyer, Louis D'Avanzo
notes
The hedge fund inked a 10-year lease for the top five floors of the 34-story tower. $130 per square foot for floors 30 through 32 and $140 per square foot for floors 33 and 34.
For more info, click here
  • Event Sales
  • Building Name 28-30 West 57th Street
  • Address 28 West 57th Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 32,144
  • Price $ 56,500,000
  • Price per foot $ 1,757.72
notes
The property sold for $56.5 million, or $1,614 per square foot. The prewar building has 4,500 square feet of retail space and comes with 40,000 square feet of development rights.
For more info, click here
  • Event Sales
  • Address 28-30 West 57th Street
  • Neighborhood Midtown
  • Borough Manhattan
  • Price $ 56,500,000
For more info, click here
  • Event Office Leasing
  • Address 40 West 57th Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 50,000
  • Price per foot $ 120.00
notes
The investment firm signed a 10-year lease for the 27th and 28th floors of the building. Taconic Capital will relocate in 2009 from 450 Park Avenue to its new headquarters.
For more info, click here
  • Event Office Leasing
  • Address 40 West 57th Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 168,000
notes
The apparel firm signed a renewal for a long-term lease that includes an option for 48,000 square feet of expansion space; if exercised the tenant would occupy 215,000 square feet in the 700,000 square foot building.
For more info, click here
  • Event Office Leasing
  • Address 40 West 57th Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 168,000
notes
The apparel firm signed a renewal for a long-term lease that includes an option for 48,000 square feet of expansion space; if exercised the tenant would occupy 215,000 square feet in the 700,000 square foot building.
For more info, click here
  • Event Office Leasing
  • Address 40 West 57th Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 13,000
notes
Nobu expanding to a second location in Manhattan
For more info, click here
  • Event Office Leasing
  • Address 40 West 57th Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 13,000
notes
Nobu expanding to a second location in Manhattan
For more info, click here
  • Event Office Leasing
  • Address 40 West 57th Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 24,000
  • Publication Date 07/01/2004
  • Event Date 05/22/2004
  • Party 1 Lefrak Organization
  • Party 1 Brokerage CBRE
  • Party 2 Carrett
notes
Asset management firm; James Coleman served as strategic advisor for both sides
For more info, click here
  • Event Office Leasing
  • Address 40 West 57th Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 24,000
  • Publication Date 07/01/2004
  • Event Date 05/22/2004
  • Party 1 Lefrak Organization
  • Party 1 Brokerage CBRE
  • Party 2 Sandell Asset Management
notes
Hedge fund; James Coleman served as strategic advisor for both sides
For more info, click here
  • Event Office Leasing
  • Address 40 West 57th Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 24,000
notes
Perfumer signs 12-year lease
For more info, click here
  • Event Office Leasing
  • Address 40 West 57th Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 24,000
notes
Financial firm relocating from 1675 Broadway
For more info, click here
  • Event Office Leasing
  • Address 40 West 57th Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 5,000
notes
New store concept from the owner of Zitomer Pharmacy & Dept. Store
For more info, click here
  • Event Office Leasing
  • Address 40 West 57th Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 5,000
notes
New store concept from the owner of Zitomer Pharmacy & Dept. Store
845 43rd Street
Brooklyn, 11232
AMHERST LEASING LIMIT
...
8301 Bay Parkway
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NATIONAL 8301 LIMITED
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7705 Bay Parkway
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DELAWARE LEASING LIMI
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7420 Ridge Boulevard
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RIDGE LEASING LIMITED
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444 Avenue X
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295 Clinton Avenue
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WETHEROLE HOLDING LLC
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NAUTILUS REALTY LIMIT
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98-40 57th Avenue
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65-44 Saunders Street
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48-30 40th Street
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44-35 Colden Street
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44-15 Colden Street
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31-35 Crescent Street
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137-20 45th Avenue
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105-40 62nd Road
Queens, 11375
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102-40 62nd Avenue
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97-45 Queens Blvd
Queens, 11374
Boulevard Leasing L.P., BOULEVARD LEASING L.P.
This property is a new development. The developer(s) filed plans in December of...
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SAMSOM MANAGEMENT, 595 WEST END AVENUE, LLC
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160 FRONT STREET ASSO
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Manhattan, 10016
15-17 PARK AVENUE DEL
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HARBOT GROUP INTERNATIONAL, 24 WEST 40TH ASSOCIATES, LLC
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ABS 145 LLC
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Manhattan, 10022
417 EAST REALTY LIMIT
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Manhattan, 10016
MB GRAYSON LLC
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45 West 45th Street
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45W45 STRATEGIC VENTU
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110 Fifth Avenue
Manhattan, 10011
110 FIFTH REALTY CORP
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181 West 97th Street
Manhattan, 10025
765 AMSTERDAM AVE LLC
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182 Broadway
Manhattan, 10038
LeFrak Organization, 180 BROADWAY LLC
182 Broadway is a 121,832 square foot building in the Financial District neighborhood...
Gateway-Plaza-at-Battery-Park-City
Gateway Plaza at Battery Park City
Manhattan, 10038
BATTERY PARK CITY AUT
Gateway Plaza (or Gateway) at Battery Park City, located at 345-395 South End...
40-West-57th-Street
40 West 57th Street
Manhattan, 10019
LEFRAK SBN LIMITED PA
40 West 57th Street is a 712,000-square-foot, 428-foot tall office skyscraper in Midtown,...
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Queens, 11415
DIVERSIFIED PROPERTY
The six-story co-op building at 124-16 84 Road in Kew Gardens, Queens, is...
97-50-Queens-Boulevard
Maryland
Queens, 11374
MARYLAND LEASING LP
The six-story apartment building at 97-50 Queens Boulevard in Rego Park, Queens, is...
The-Annapolis
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Brooklyn, 11235
MOUNT VERNON SHOPPING
The seven-story apartment building at 2815 Coyle Street in Sheepshead Bay, Brooklyn, had...
48-50-37th-Street
The Cambridge
Queens, 11101
CAMBRIDGE LEASING PRO
This seven-story apartment building at 48-50 37th Street in Long Island City, Queens,...
LeFrak-City
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Queens, 11368
If ever a New York development deserved the word city in its name,...
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Manhattan, 10024
JAMES WEST NINETY LIM
The 22-story James Marquis is an apartment tower at 101 West 90th Street...
West Side Marquis
Manhattan, 10025
NORTH CAROLINA LEASIN
The 27-story West Side Marquis is an apartment tower on Manhattans Upper West...
1-Lefrak-City-Plaza
1 Lefrak City Plaza
Queens, 11373
LSS LEASING LIMITED L
The 20-story, 242-foot commercial and apartment tower known as 1 LeFrak City Plaza...
95-25-Queens-Boulevard
95-25 Queens Boulevard
Queens, 11374
REGO PARK OFFICE TOWER, LLC
The 11-story office tower at 95-25 Queens Boulevard runs to just over 275,000...
345-395-South-End-Avenue
345-395 South End Avenue
Manhattan, 10280
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The Gateway at 345-395 South End Avenue is an apartment complex in Battery...

Rentopoly: Who owns
New York?
...of Cammeby’s International Group, Richard LeFrak of LeFrak Organization and Douglas Eisenberg of A&E Real Estate Holdings With all of the...

Multifamily mania
...bought the portfolio in 2007 for $251 million from the LeFrak Organization. At the time, it consisted of nearly 2,000 units. Today, all of the properties are...
97-45 Queens Blvd
Queens, 11374
Boulevard Leasing L.P., BOULEVARD LEASING L.P.
This property is a new development. The developer(s) filed plans in December of...
317 West 89th Street Condominium (The)
Manhattan, 10024
Samsom Management, 317 WEST 89TH STREET LLC
The sponsor(s) filed plans on 07/14/04 for a condo project at 317 West...
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