Himmel + Meringoff Properties
Himmel + Meringoff Properties (MPI) is a New York City-based commercial real estate firm that provides vertically-integrated property, leasing, construction, and asset management services to owners of 14 premier office properties totaling 2.5 million square feet across the NYC metropolitan area.
- Company typePrivate
- Founded1970
- HeadquartersNew York, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Himmel + Meringoff Properties does
Himmel + Meringoff Properties, operating as Meringoff Properties, Inc. (MPI), is a privately-held commercial real estate firm founded approximately 50 years ago and headquartered at 30 West 26th Street in New York City. The company provides vertically-integrated property and asset management services to owners of premier commercial office properties across Manhattan and the greater New York metropolitan area, managing 14 properties totaling approximately 2.5 million square feet.
MPI's service platform spans five integrated disciplines: leasing services (in-house team with deep broker relationships), property management (day-to-day building operations, maintenance, vendor and tenant relations), asset management (long-term ownership-mindset portfolio optimization), construction management (tenant build-outs and capital projects), and financial reporting (transparent owner reporting with rigorous controls). The platform is delivered to commercial property owners as a single accountable team, eliminating coordination friction between leasing, operations, construction, and finance functions.
The firm's technology layer includes two AI-powered chat agents — Chelsea for leasing inquiries and Joan for tenant services — both available around the clock to capture and qualify inbound interest, schedule tours, and handle maintenance or tenancy requests. Revenue is generated through management fees on assets under management, leasing commissions on completed transactions, construction management fees on build-outs and capital projects, and asset management fees. Pricing is not publicly disclosed and is negotiated on a per-property or percentage-of-revenue basis. The firm maintains a small headcount of 11–50 employees and operates as a privately held corporation with no public listing or disclosed funding.
Himmel + Meringoff Properties firmographics
Firmographics- Name
- Himmel + Meringoff Properties
- Legal name
- Meringoff Properties, Inc.
- Website
- https://merprop.com
- Company type
- Private
- Founded year
- 1970
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Himmel + Meringoff Properties (MPI) is a New York City-based commercial real estate firm that provides vertically-integrated property, leasing, construction, and asset management services to owners of 14 premier office properties totaling 2.5 million square feet across the NYC metropolitan area.
- Ownership category
- akta.pro rank
Himmel + Meringoff Properties industry classification
Industry- Product category
- Commercial Property Management
- NAICS
- Portfolio Management and Investment Advice (523940)
- SIC
- Investors, Nec (6799)
- akta.pro primary industry
- Real Estate Public-Private Partnership (PPP) & Infrastructure-Adjacent Real Estate Advisory (BPAJANAL)
Keywords
Where Himmel + Meringoff Properties is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Himmel + Meringoff Properties business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D
Revenue model
- Property Management Services: Day-to-day building operations, maintenance, vendor management, and tenant relations services provided to property owners. Revenue generated through management fees based on assets under management.
- Leasing Services: In-house leasing team maximizes occupancy and rental performance across managed assets. Revenue generated through leasing commissions on completed transactions.
- Construction Management: Construction management team handles tenant build-outs and major capital projects. Revenue generated through construction management fees.
- Asset Management: Long-term ownership mindset asset management optimizing occupancy, capital deployment, and building performance across managed assets.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
Himmel + Meringoff Properties product offering
Product offeringCore offering
MPI is a vertically-integrated commercial property and asset management company that manages a 2.5 million square foot portfolio of 14 premier office properties across Manhattan and the greater New York metropolitan area. Its core offerings include leasing, day-to-day property management, asset management, construction management, and financial reporting delivered under a single accountable team for commercial property owners.
Product overview
MPI operates as a vertically-integrated, technology-powered property and asset management platform. The core offering consists of five integrated service modules: Leasing Services, Property Management Services, Asset Management Services, Construction Management Services, and Financial Reporting Services. Every discipline works in concert, giving owners a single accountable team and tenants a seamless experience.
Differentiator
Problem solved
Functional benefit
Products and services
- Leasing Services
Quantifiable outcome
- 2.5 million square feet managed across 14 properties in NYC
Companies that use Himmel + Meringoff Properties
Customer profileSegments3 records
Ideal customer profiles1 record
Himmel + Meringoff Properties technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability2 records
Feature2 records
Himmel + Meringoff Properties partnerships and signals
Strategic signalScale indicators4 records
Recent moves3 records
Expansion highlights3 records
Himmel + Meringoff Properties competitors and assessment
Company assessmentBroad incumbents
- Brookfield Properties: Brookfield Properties owns and operates premier office buildings in NYC and major markets globally, with integrated leasing and asset management functions. Its NYC portfolio competes for the same institutional owner and tenant relationships as MPI's managed buildings.
- Vornado Realty Trust: Vornado is a major NYC-focused office and retail REIT with a portfolio concentrated in Manhattan trophy assets. Its in-house asset and property management platform overlaps directly with MPI's service stack, though at a much larger public-company scale.
- Cushman & Wakefield: Cushman & Wakefield is a major global commercial real estate services firm with property management and leasing capabilities for NYC office owners. It competes for owner mandates but as a broad incumbent rather than a vertically-specialized NYC operator.
- SL Green Realty Corp: SL Green is the largest publicly traded office landlord in Manhattan, owning and managing premier office properties across NYC. It competes with MPI for institutional ownership and management mandates in the same submarket, but operates at vastly larger scale and as a public REIT.
- Newmark Group: Newmark is a global commercial real estate services firm offering leasing, property management, investment sales, and capital markets. MPI competes with its property management arm for owner mandates in the NYC metro, though Newmark operates much more broadly as a public services platform.
- CBRE Group: CBRE is the world's largest commercial real estate services firm with full-service property and asset management offerings for institutional NYC office owners. It serves as a broader incumbent alternative to MPI's boutique vertically-integrated model.
- JLL: JLL is a global real estate services firm offering property management, leasing, and asset management to commercial owners. Its NYC office practice competes for the same institutional owner mandates MPI targets, though as part of a much broader global platform.
Direct peers
- Tishman Speyer: Tishman Speyer is a global owner, developer, and operator of premier office properties with deep NYC roots. Like MPI, it combines ownership, leasing, property management, and construction capabilities under one roof for Manhattan trophy assets, making it a directly comparable owner-operator in the same NYC commercial office niche.
- RXR Realty: RXR is a New York-based owner, operator, and developer of commercial office, multifamily, and mixed-use properties. It shares MPI's vertical integration model and NYC-centric focus, representing a directly comparable mid-sized owner-operator peer.
- Colliers International: Colliers offers property management, leasing, and project management services for commercial property owners, including a strong NYC office presence. It is directly comparable to MPI as a competing third-party manager of institutional office assets in the same metropolitan market.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Himmel + Meringoff Properties social profiles
Digital presenceHimmel + Meringoff Properties financial estimates
Financial estimateRevenue estimate
Valuation estimate
Himmel + Meringoff Properties leadership team
Management profileNumber of profiles
Profiles6 records
Himmel + Meringoff Properties funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Himmel + Meringoff Properties M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Himmel + Meringoff Properties
What does Himmel + Meringoff Properties do?
MPI is a vertically-integrated commercial property and asset management company that manages a 2.5 million square foot portfolio of 14 premier office properties across Manhattan and the greater New York metropolitan area. Its core offerings include leasing, day-to-day property management, asset management, construction management, and financial reporting delivered under a single accountable team for commercial property owners.
Is Himmel + Meringoff Properties a public or private company?
Himmel + Meringoff Properties is a private company. It is classified as family owned and is currently operating.
When was Himmel + Meringoff Properties founded?
Himmel + Meringoff Properties was founded in 1970. It employs 11 to 50 people.
Where is Himmel + Meringoff Properties based?
Himmel + Meringoff Properties is headquartered in New York, United States, in the North America region.
How does Himmel + Meringoff Properties make money?
Four revenue lines are on record. Property Management Services are the primary driver. The others are leasing Services, construction Management and asset Management.
Who are Himmel + Meringoff Properties's main competitors?
Broad incumbents on record are Brookfield Properties, Vornado Realty Trust, Cushman & Wakefield, SL Green Realty Corp, Newmark Group, CBRE Group and JLL. Direct peers are Tishman Speyer, RXR Realty and Colliers International.
Does Himmel + Meringoff Properties have an API?
No public API is recorded for Himmel + Meringoff Properties.
What industry is Himmel + Meringoff Properties in?
Himmel + Meringoff Properties's product category is Commercial Property Management. Its primary akta.pro industry code is BPAJANAL, Real Estate Public-Private Partnership (PPP) & Infrastructure-Adjacent Real Estate Advisory. Its NAICS code is 523940 and its SIC code is 6799.