TF Cornerstone is a New York City real estate developer and owner and developer of both residential and commercial property.
It is perhaps best-known, however, for its residential holdings, particularly luxury rentals such as 2 Gold Street and 45 Wall Street in the Financial District as well as 200 West 26th Street in Chelsea and 201 East 69th Street on the Upper East Side. TF Cornerstone also developed 505 West 37th Street, an 825-unit development in Manhattans emerging Hudson Yards area. Some apartments in these buildings rent in the low five figures.
Commercially, the firm controls the office buildings 230 Park Avenue South, the Carnegie Hill Tower, 645 Madison Avenue and 387 Park Avenue South, where TF Cornerstone has its headquarters.
The firm grew out of the work of brothers Tom and Fred Elghanayan, who spun off from their old Rockrose firm into TF Cornerstone in 2009. Tom serves as chairman of the firm and Fred as president.
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387 Park Avenue South, 7th Floor, New York, NY

387 Park Avenue South, 7th Floor, New York, NY


387 Park Avenue South, 7th Floor, New York, NY
- Event Retail Leasing
- Address 606 West 57th Street
- Neighborhood Hell's Kitchen
- Borough Manhattan
- Square feet 7,900
- Publication Date 08/14/2020
- Event Date 08/13/2020
- Party 1 TF Cornerstone
- Party 1 Brokerage Winick Realty Group
- Party 1 Broker Steven Baker, Daniyel Cohen
- Party 2 Century Medical & Dental
- Party 2 Brokerage Winick Realty Group
- Party 2 Broker Manu Wendum, Lee Block
- Event Financing
- Address 505 West 37th Street
- Neighborhood Hudson Yards
- Borough Manhattan
- Square feet 835,000
- Price $ 374,000,000
- Publication Date 06/05/2020
- Event Date 06/04/2020
- Party 1 TF Cornerstone
- Party 2 New York State Housing Finance Agency
- Event Retail Leasing
- Address 202 East 70th Street
- Neighborhood Upper East Side
- Borough Manhattan
- Square feet 3,572
- Publication Date 01/31/2020
- Event Date 01/31/2020
- Party 1 TF Cornerstone
- Party 1 Brokerage TF Cornerstone
- Party 2 Tacombi
- Party 2 Brokerage Level Group
- Party 2 Broker Michael Greenberg, Larry Link
- Event Financing
- Address 250 North 10th Street
- Neighborhood Williamsburg
- Borough Brooklyn
- Price $ 82,750,000
- Publication Date 01/24/2020
- Event Date 01/21/2021
- Party 1 TF Cornerstone
- Party 2 M&T Bank
- Event Sales
- Address 250 North 10th Street
- Neighborhood Williamsburg
- Borough Brooklyn
- Price $ 137,750,000
- Publication Date 01/24/2020
- Event Date 01/21/2021
- Party 1 Nuveen
- Party 2 TF Cornerstone
- Event Financing
- Address 252 Seventh Avenue
- Neighborhood Chelsea
- Borough Manhattan
- Price $ 30,000,000
- Publication Date 12/27/2019
- Event Date 12/19/2019
- Party 1 TF Cornerstone
- Party 2 Brighthouse Life Insurance
- Event Financing
- Address 595 Dean Street
- Neighborhood Prospect Heights
- Borough Brooklyn
- Price $ 75,000,000
- Publication Date 05/30/2019
- Event Date 05/28/2019
- Party 1 TF Cornerstone
- Party 2 M&T Bank
- Event Sales
- Address 615 Dean Street
- Neighborhood Prospect Heights
- Borough Brooklyn
- Price $ 143,100,000
- Publication Date 03/02/2019
- Event Date 02/26/2019
- Party 1 Greenland Forest City Partners
- Party 2 TF Cornerstone
- Event Retail Leasing
- Address 155 West 56th Street
- Neighborhood Midtown West
- Borough Manhattan
- Square feet 700
- Publication Date 03/02/2019
- Event Date 02/27/2019
- Party 1 TF Cornerstone
- Party 1 Brokerage Winick Realty Group
- Party 1 Broker Daniyel Cohen, Steven Baker
- Party 2 Taylor Street Baristas
- Party 2 Brokerage Dartmouth Company
- Party 2 Broker Joe Mastromonaco, Fritz Kemerling, Evan Clements
- Event Financing
- Address 52-03 Center Boulevard
- Neighborhood Long Island City
- Borough Queens
- Square feet 776,624
- Price $ 700,000,000
- Publication Date 01/06/2019
- Event Date 01/04/2019
- Party 1 TF Cornerstone
- Party 2 Department of Housing Preservation and Development
- Event Financing
- Address 33 Bond Street
- Neighborhood Brooklyn Heights
- Borough Brooklyn
- Price $ 265,700,000
- Publication Date 07/02/2018
- Event Date 07/02/2018
- Party 1 TF Cornerstone
- Party 2 M&T Realty Capital
- Event Office Leasing
- Address 230 Park Avenue South
- Neighborhood Grand Central
- Borough Manhattan
- Square feet 362,000
- Publication Date 06/18/2018
- Event Date 06/14/2018
- Party 1 TF Cornerstone
- Party 1 Brokerage Cushman & Wakefield
- Party 1 Broker Bruce Mosler, Ethan Silverstein, Mark Mandell
- Party 2 Discovery Communications
- Party 2 Brokerage JLL
- Party 2 Broker Cynthia Wasserberger, Michael Berg, Joe Judge
- Event Sales
- Address 38-21 12th Street
- Neighborhood Long Island City
- Borough Queens
- Square feet 37,700
- Price $ 25,500,000
- Publication Date 02/06/2018
- Event Date 01/09/2018
- Party 1 220 LIC LLC, EK 38th Avenue LLC
- Party 2 TF Cornerstone
- Event Retail Leasing
- Address 300 Livingston Street
- Neighborhood Downtown Brooklyn
- Borough Brooklyn
- Square feet 1,051
- Publication Date 12/18/2017
- Event Date 12/11/2017
- Party 1 TF Cornerstone
- Party 1 Brokerage TF Cornerstone, Winick Realty Group
- Party 1 Broker Steve Gonzalez; Steven Baker, Aaron Fishbein, Daniyel Cohen
- Party 2 Dépanneur
- Party 2 Brokerage Ripco Real Estate
- Party 2 Broker Andrew Clemens, Ben Weiner
- Event Retail Leasing
- Address 300 Livingston Street
- Neighborhood Downtown Brooklyn
- Borough Brooklyn
- Square feet 1,820
- Publication Date 12/18/2017
- Event Date 12/11/2017
- Party 1 TF Cornerstone
- Party 1 Brokerage TF Cornerstone, Winick Realty Group
- Party 1 Broker Steve Gonzalez; Steven Baker, Aaron Fishbein, Daniyel Cohen
- Party 2 Dépanneur
- Party 2 Brokerage Ripco Real Estate
- Party 2 Broker Andrew Clemens, Ben Weiner
- Event Retail Leasing
- Address 300 Livingston Street
- Neighborhood Downtown Brooklyn
- Borough Brooklyn
- Square feet 1,722
- Price per foot $ 125.00
- Publication Date 08/01/2017
- Event Date 06/15/2017
- Party 1 TF Cornerstone
- Party 1 Brokerage Winick Realty Group
- Party 1 Broker Daniyel Cohen, Aaron Fishbein, Steven Baker
- Party 2 Devoción
- Party 2 Brokerage Covell Consulting Group
- Party 2 Broker Jordan Covell
- Event Retail Leasing
- Address 300 Livingston Street
- Neighborhood Downtown Brooklyn
- Borough Brooklyn
- Square feet 52,000
- Publication Date 08/01/2017
- Event Date 07/10/2017
- Party 1 TF Cornerstone
- Party 1 Brokerage TF Cornerstone; Winick Realty Group
- Party 1 Broker Steve Gonzalez; Steven Baker, Aaron Fishbein, Daniyel Cohen
- Party 2 Chelsea Piers
- Party 2 Brokerage Chelsea Piers
- Event Financing
- Address 152 West 57th Street
- Neighborhood Midtown West
- Borough Manhattan
- Square feet 555,000
- Price $ 325,000,000
- Publication Date 05/01/2017
- Event Date 04/13/2017
- Party 1 TF Cornerstone
- Party 1 Brokerage Singer & Bassuk Organization
- Party 1 Broker Jeremy Shell
- Party 2 Metropolitan Life Insurance Company
- Event Office Leasing
- Address 387 Park Avenue South
- Neighborhood Flatiron
- Borough Manhattan
- Square feet 20,000
- Publication Date 04/01/2017
- Event Date 02/15/2017
- Party 1 TF Cornerstone
- Party 1 Brokerage Newmark Grubb Knight Frank
- Party 1 Broker Matt Leon
- Party 2 Criteo
- Party 2 Brokerage Cushman & Wakefield
- Party 2 Broker Peter Trivelas, Dirk Hrobsky
- Event Office Leasing
- Address 90 Broad Street
- Neighborhood Financial District
- Borough Manhattan
- Square feet 4,197
- Publication Date 02/01/2017
- Event Date 12/18/2016
- Party 1 TF Cornerstone
- Party 1 Brokerage JLL
- Party 1 Broker Ed Ditolla
- Party 2 Change to Win
- Party 2 Brokerage Bantam Realty Services
- Party 2 Broker Daniel Rodriguez-Sains, Emory Hardy
- Event Sales
- Address 31-46 Steinway St, 31-48 Steinway St
- Neighborhood Astoria
- Borough Queens
- Square feet 20,800
- Price $ 13,550,000
- Publication Date 01/01/2017
- Event Date 11/17/2016
- Party 1 31-46 & 48 LLC
- Party 1 Brokerage Eastern Consolidated
- Party 1 Broker Brian Ezratty
- Party 2 TF Cornerstone
- Event Office Leasing
- Address 387 Park Avenue South
- Neighborhood Kips Bay
- Borough Manhattan
- Square feet 20,000
- Publication Date 09/01/2016
- Event Date 07/15/2016
- Party 1 TF Cornerstone
- Party 1 Brokerage TF Cornerstone
- Party 1 Broker Chip Sealy
- Party 2 Silicon Valley Bank
- Party 2 Brokerage Colliers International
- Party 2 Broker Robert Tunis, Eric Ferriello
- Event Retail Leasing
- Address 270 Seventh Avenue
- Neighborhood Chelsea
- Borough Manhattan
- Square feet 3,500
- Publication Date 09/01/2016
- Event Date 07/15/2016
- Party 1 TF Cornerstone
- Party 1 Brokerage Winick Realty Group
- Party 1 Broker Steven Baker, Aaron Fishbein
- Party 2 Bank of America
- Party 2 Brokerage CBRE
- Party 2 Broker David LaPierre, Stephen Sjurset
- Event Retail Leasing
- Address 7 East 14th Street
- Neighborhood Union Square
- Borough Manhattan
- Square feet 825
- Publication Date 09/01/2016
- Event Date 07/15/2016
- Party 1 TF Cornerstone
- Party 1 Brokerage Winick Realty Group
- Party 1 Broker Steven Baker, Aaron Fishbein
- Party 2 Pressed Juicery
- Party 2 Brokerage F&B Group
- Party 2 Broker Julian Hitchcock
- Event Retail Leasing
- Address 310 East 23rd Street
- Neighborhood Gramercy
- Borough Manhattan
- Square feet 2,114
- Publication Date 08/01/2016
- Event Date 06/17/2016
- Party 1 TF Cornerstone
- Party 1 Brokerage Winick Realty Group
- Party 1 Broker Steven Baker, Aaron Fishbein
- Party 2 CKO Kickboxing
- Party 2 Brokerage Coldwell Banker
- Party 2 Broker Hector Urizar
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TF Cornerstone, 52-41 CENTER LLC
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TF CORNERSTONE, 606 WEST 57 LLC