Edward J. Minskoff Equities

What Edward J. Minskoff Equities does

Edward J. Minskoff Equities, Inc. (EJME) is a privately held, New York-based real estate development, ownership, and management company founded in May 1987 by Edward J. Minskoff. The firm develops, owns, leases, and manages institutional-quality commercial office buildings in major urban centers — primarily New York City — and selectively develops high-end residential properties. EJME oversees all phases of its real estate activities, including financing, design and development, leasing, property management, and construction. As of the most recent disclosures, the company owns, leases, and manages approximately 4 million square feet across a portfolio of 22 properties, and has developed more than 30 million square feet in ten major U.S. cities over its operating history.

EJME's revenue model is anchored on recurring rental income from Class-A office leases (its primary revenue stream), supplemented by ground-floor retail leasing, selective high-end residential development and sales, and property management services. The firm leases directly to enterprise tenants across technology, finance, media, education, and government sectors — including IBM Watson, Intuit, Tudor Investments, Perceptive Advisors, 1stDibs, St. John's University, Mail Online/DailyMail.com, and the FAA (Northeast Headquarters at JFK). Its flagship asset, 51 Astor Place, is a 400,000-square-foot, LEED Gold-certified Class-A office and retail tower completed in 2013 and designed by Pritzker Prize-winning architect Fumihiko Maki; the building set submarket-high rents and established the East Village as a technology and creative-media corridor.

The company is controlled by its founder (Edward J. Minskoff, Chairman & CEO) with a long-tenured executive team including President & COO Benjamin M. McGrath and EVPs overseeing leasing, acquisitions/development, construction, and operations. EJME finances its developments through institutional capital partnerships, including joint ventures with LaSalle Investment Management (51 Astor Place), preferred equity from Meadow Partners (announced January 2026), and debt facilities arranged through intermediaries such as JLL Capital Markets and CIT Group. Beyond its New York core, EJME has begun expanding into new markets via a partnership with Sciame Construction on a mixed-use, civic-oriented development in NeoCity, Florida.

Name

Edward J. Minskoff Equities

Legal name

Edward J. Minskoff Equities, Inc.

Website

http://www.ejmequities.com/

Company type

Private

Founded year

1987

Operating status

Operating

Headcount range

51–100 employees

Short description

Edward J. Minskoff Equities (EJME) is a privately held New York-based real estate firm founded in 1987 that develops, owns, leases, and manages institutional-quality Class-A office, residential, and retail properties in major U.S. urban centers, primarily serving enterprise tenants.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Development

NAICS

Real Estate Property Managers (53131), Commercial and Institutional Building Construction (236220)

SIC

Operators Of Nonresidential Buildings (6512), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Real Estate Development Asset Management (Project/Construction-to-Stabilization) (BPAJAMAL)

akta.pro secondary industries

Real Estate M&A / Joint Venture Advisory (Platform Deals, Partnerships) (BPAJANAF), Capital Markets Advisory (Equity Placement, JV & Recapitalization) (BPAJABAL)

Keywords

• Commercial real estate development
• Office property leasing
• Property management services
• Luxury residential development
• Institutional real estate

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Marketing or Sales, Infrastructure, Supply Chain

Revenue model

1. Commercial Office Leasing: Owns and leases class-A commercial office space in major urban centers, primarily New York City. Revenue generated from long-term office leases to enterprise tenants.
2. Residential Development and Sales: Selectively develops high-end residential properties for sale or lease.
3. Ground-Floor Retail: Includes ground-floor retail components in mixed-use developments, generating rental income from retail tenants.
4. Property Management Services: Provides comprehensive property management, leasing, and facilities management services for its own portfolio and potentially for third parties.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Edward J. Minskoff Equities (EJME) develops, owns, leases, and manages institutional-quality commercial office buildings and selectively develops high-end residential and retail properties in major U.S. urban centers—primarily New York City. The firm oversees all phases of its assets, including financing, design/development, management, and leasing, across a portfolio of 22 properties comprising roughly 4 million square feet currently under management and more than 30 million square feet historically developed.

Product overview

Edward J. Minskoff Equities (EJME) is a real estate development, ownership, and management company that develops institutional quality commercial office buildings and high-end residential properties in major urban centers, primarily in New York City. The company operates a portfolio of 22 properties totaling 4 million square feet and has developed over 30 million square feet across ten major cities. The product portfolio consists of distinct property categories: (1) Commercial Office properties including 51 Astor Place, 101 Avenue of the Americas, 1166 Avenue of the Americas, 590 Madison Avenue (IBM Building), 825 Seventh Avenue, 29 Jay Street, and FAA Northeast Headquarters; (2) High-end Residential properties including 17 Jane Street, 101 Warren Street, 89 Murray Street, and 37 East 12th Street; and (3) Retail properties including 270 Greenwich Street. The company oversees all phases of its properties including financing, design/development, management, leasing, and construction.

Differentiator

Problem solved

Functional benefit

Products and services

• 51 Astor Place 400,000 sq ft Class-A LEED Gold certified commercial office and retail building in Manhattan's East Village, designed by Pritzker Prize-winning architect Fumihiko Maki. Leased to IBM Watson, St. John's University, 1stDibs, Tudor Investments, Mail Online/DailyMail.com, Perceptive Advisors, and Intuit. Achieved the then-highest office rents in the submarket and established the location as a hub for technology and creative media tenants.
• 101 Avenue of the Americas Commercial office property in New York City owned and managed by EJME, available for lease to enterprise tenants.
• 1166 Avenue of the Americas Commercial office property in New York City owned and managed by EJME, available for lease to enterprise tenants.
• 590 Madison Avenue (IBM Building) Commercial office property in New York City historically known as the IBM Building, owned and managed by EJME.
• 825 Seventh Avenue Commercial office property in New York City owned and managed by EJME, available for lease to enterprise tenants.
• 29 Jay Street Commercial office property located in Brooklyn, New York, owned and managed by EJME.
• FAA Northeast Headquarters Federal Aviation Administration headquarters facility located at JFK Airport, owned and managed by EJME.
• 17 Jane Street High-end residential property in New York City developed and managed by EJME for affluent buyers and tenants.
• 101 Warren Street High-end residential property in New York City developed and managed by EJME for affluent buyers and tenants.
• 89 Murray Street High-end residential property in New York City developed and managed by EJME for affluent buyers and tenants.
• 37 East 12th Street High-end residential property in New York City developed and managed by EJME for affluent buyers and tenants.
• 270 Greenwich Street Retail property in New York City owned and managed by EJME, available for lease to retail tenants.

Quantifiable outcome

• 51 Astor Place achieved the then highest office rents for the submarket
• +1 more outcomes

Named customers7 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• Sciame ConstructioncoreStrategic or Co-development Partner · 13 December 2025Development partner with Edward J. Minskoff Equities for a mixed-use city center project in NeoCity, Florida. Sciame Construction is partnered with EJME for the project including performing arts center, parking, mixed-use buildings, and entertainment facilities.
• Maki & Associates (Fumihiko Maki)coreStrategic or Co-development Partner · 1 January 2013Pritzker Prize-winning architect Fumihiko Maki of Maki & Associates designed 51 Astor Place, contributing to the property's prestige and premium positioning.

Scale indicators6 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Brookfield Property Partners: Global institutional owner and operator of Class-A office including Manhattan (One Liberty Plaza, Brookfield Place). Comparable trophy-office ownership strategy but at massive global scale.
• Hines: Global private real estate developer and operator with trophy office and mixed-use projects including 345 Hudson Street NYC. Comparable development/ownership discipline, though operates at much larger global scale.

Direct peers

• Vornado Realty Trust: Public REIT concentrated in Manhattan Class-A office (including 1290 Avenue of the Americas area), with selective high-end residential. Comparable owner/operator model in the same submarkets as EJME's trophy portfolio.
• The Durst Organization: Private, family-owned NYC real estate developer and owner of trophy Class-A office and residential including One Bryant Park and One World Trade Center. Closely mirrors EJME's private, NYC-focused, full-lifecycle ownership model.
• Boston Properties (BXP): Public office REIT with major NYC presence (including 55 Hudson Yards, 250 West 55th Street) and trophy Class-A office focus. Comparable institutional-quality office owner/operator model across gateway U.S. cities.
• Tishman Speyer: Global private developer, owner, and operator of Class-A office including Rockefeller Center and Hudson Yards. Directly comparable full-lifecycle owner/operator model with NYC as a core market.
• SL Green Realty Corp. Manhattan-focused Class-A office REIT and largest office landlord in NYC. Directly comparable to EJME in geography, asset class, and tenant profile (finance, tech), though operates at public-REIT scale with broader portfolio.
• RXR Realty: Private New York-based real estate owner, operator, and developer of Class-A office, residential, and mixed-use properties in NYC and the tristate region. Closely aligned in scale and NYC-centric owner/operator strategy.
• Related Companies: Large private developer of mixed-use, office, and luxury residential in NYC including Hudson Yards, Time Warner Center, and 30 Hudson Yards. Comparable in scale, NYC focus, and trophy-asset development approach.

Others

• JLL (Jones Lang LaSalle): Global commercial real estate services and capital markets firm that arranged EJME's Meadow Partners preferred equity. Comparable as a CRE capital markets/owner services counterpart rather than a direct portfolio competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Edward J. Minskoff Equities