The Hakimian Organization

Name

The Hakimian Organization

Legal name

The Hakimian Organization

Website

https://hakimian.com

Company type

Private

Founded year

1970

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Real Estate Development & Property Management

NAICS

Real Estate Property Managers (53131), Residential Property Managers (531311), Nonresidential Property Managers (531312), Rental and Leasing Services (532)

SIC

Operators Of Apartment Buildings (6513), Operators Of Nonresidential Buildings (6512), Land Subdividers & Developers (No Cemeteries) (6552), Hotels, Rooming Houses, Camps & Other Lodging Places (7000)

akta.pro primary industry

New Development / Declarant Transition Management (BPAJAHAK)

Keywords

• Real estate development
• Property management
• Luxury residential rentals
• Commercial leasing
• Hotel operations

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Marketing or Sales, Infrastructure, Technology or R&D

Revenue model

1. Residential Rental Income: Revenue from leasing residential apartments across their portfolio of buildings in Manhattan and Long Island City.
2. Commercial Rental Income: Revenue from leasing commercial office and retail spaces including buildings like 636 11th Avenue (Ogilvy & Mather headquarters), jewelry district offices, and retail spaces.
3. Hotel Operations: Revenue from Andaz Wall Street hotel operated in partnership with Hyatt Hotels.
4. Property Development and Sales: Revenue from ground-up construction and conversion projects including luxury condominiums and mixed-use developments.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels4 records

Core offering

The Hakimian Organization is a New York real estate developer, owner, and manager that develops, leases, and operates a portfolio of luxury residential rental buildings, commercial office and retail properties, and a hotel. The company handles the full real estate lifecycle from acquisition through construction, marketing, and ongoing property management, and supports tenants with an online portal for leases, payments, and maintenance.

Product overview

The Hakimian Organization is a New York real estate developer, owner, and manager since 1970 operating a portfolio of residential, commercial, and hotel properties. The company does not offer a unified software product but rather manages a diverse portfolio of individual real estate assets including luxury residential buildings (75 Wall Street, Flatiron 18, The Chelsea Grande, The Club at Turtle Bay, The Addition LIC), commercial properties (636 11th Avenue, 10 West 46th Street, 44-16 23rd St), and the Andaz Wall Street hotel. These properties feature various amenities including doorman services, fitness centers, rooftop spaces, and designer interiors. The company also operates an online tenant portal for lease applications, rent payments, and property management services.

Differentiator

Problem solved

Functional benefit

Products and services

• 75 Wall Street A 42-story mixed-use super-luxury residential tower and hotel development adjacent to Manhattan's Financial District, featuring David Rockwell-designed interiors, fitness center, rooftop lounge and terrace, and approximately 600 condominium and hotel units.
• The Addition LIC (33-01 38th Avenue, LIC) A six-story, 94-unit luxury apartment building located at 33-01 38th Avenue in Long Island City, Queens, developed in partnership with Modern Spaces. Features studio, one-, two-, and three-bedroom units plus townhouses and penthouses with extensive amenities.
• Flatiron 18 (30 West 18th Street) A 20-story luxury residential building at 30 West 18th Street featuring 24-hour attended lobby, panoramic roof deck, fitness center, high ceilings, and premium finishes including granite countertops and stainless steel appliances.
• The Club at Turtle Bay (236 East 47th Street) A signature 40-story luxury condominium development at 236 East 47th Street featuring sky lounge at penthouse level and balconies with outstanding views of Manhattan's Turtle Bay neighborhood.
• The Chelsea Grande (460 West 20th Street) An 8-story luxury residential building at 460 West 20th Street in Manhattan's Chelsea neighborhood near the High Line, featuring floor-to-ceiling windows, landscaped roof sun-deck, and pet-friendly accommodations. A landmark development awarded several design awards.
• 184 Lexington Avenue A 17-story luxury residential building in Manhattan's Gramercy neighborhood featuring full-time attended lobby, scenic views, roof sun-deck, and balconies in many units.
• 227 Mulberry Street A 7-story luxury residential building with penthouse in SoHo featuring marble baths, gourmet granite kitchens, oversized windows, scenic views, polished premium oak floors, and designer apartments with terraces in select units.
• 220 East 24th Street An 8-story residential building in Gramercy/Murray Hill featuring part-time attended lobby, high ceilings, and balconies and terraces in many units, ranging from spacious studios to elegant duplex residences.
• 690 Greenwich Street A 5-story residential elevator loft building in Greenwich Village featuring high ceilings, wood floors, large windows, designer multilevel apartments, balconies, terraces, and central West Village location.
• 40 East 12th Street A residential property near Union Square Park in Manhattan's Village section featuring high decorative ceilings, oversized sunny windows, and terraces in many units with chic loft apartments.
• 146 East 39th Street A walk-up residential building in Midtown Manhattan featuring charming apartments with wood flooring, steps from New York's landmarks.
• 636 11th Avenue A commercial office building in Manhattan's West Side converted from a 1910 warehouse, serving as global headquarters for Ogilvy & Mather with interior architecture by Gensler. A catalyst for Manhattan's West Side rejuvenation.
• 44-16 23rd Street, LIC A 20,000-square-foot commercial property in prime Long Island City with light-filled interior spaces and excellent frontage, featuring tenants including NY Kids Club and Barre3.
• 10 West 46th Street A 17-story modern glass-clad office building in New York's diamond district, specifically built for the jewelry trade with 24-hour door security. The first jewelry condominium in built New York City.
• 50 Lexington Avenue A 26-story luxury residential co-op building in Gramercy featuring 24-hour doorman, designer lobby, exercise facility and pool, and roof garden and sun-deck.
• Stevens Professional (105 Stevens Avenue, Mount Vernon) An office building at 105 Stevens Avenue in Mount Vernon housing pre-eminent professionals in medical, accounting, and law fields. Located near hospital and municipal buildings with steps from mass transit.
• Andaz Wall Street (75 Wall Street hotel) A Hyatt hotel on Wall Street featuring sleek automated rooms, Wall & Water restaurant, and outstanding access to transit and NYC landmarks. A hotel for discerning travelers with modern conveniences.
• Online Tenant Portal (AppFolio-powered) Online tenant portal (powered by AppFolio) offering self-service lease applications, rental payments, and maintenance request functionality for residential and commercial tenants of Hakimian-managed buildings.

Named customers3 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core and minor.

• CW RealtycoreStrategic or Co-development Partner · 6 November 2025The Hakimian Organization and CW Realty filed plans for residential rebuild projects in Astoria, Queens following the disbanding of the original $2 billion Innovation QNS megaproject. The companies acquired adjacent sites in 2024 to develop two separate buildings with 166 total residential units.
• Modern SpacescoreChannel Partner/ Reseller/ Distributor · 5 June 2018Modern Spaces served as exclusive real estate brokerage partner with The Hakimian Organization for The Addition LIC project at 33-01 38th Avenue, a 94-unit luxury apartment building in Long Island City. Modern Spaces handled marketing and leasing for the development.
• Hyatt HotelscoreStrategic or Co-development PartnerHyatt Hotels operates the Andaz Wall Street hotel at 75 Wall Street, developed by The Hakimian Organization. The hotel features David Rockwell-designed interiors, the Wall & Water restaurant, and is part of a mixed-use development with approximately 600 condominium and hotel units.
• Gorjian Real Estate GroupminorChannel Partner/ Reseller/ DistributorGorjian Real Estate Group co-landlords with The Hakimian Organization on 44-16 23rd Street in Long Island City, a 22,294-square-foot commercial property.
• JRT Realty GroupminorChannel Partner/ Reseller/ DistributorJRT Realty Group served as broker representing The Hakimian Organization and Gorjian Real Estate Group in the NY Kids Club lease transaction at 44-16 23rd Street.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Durst Organization: Family-owned New York real estate developer, owner, and manager operating a portfolio of office, residential, and mixed-use properties including One World Trade Center. Highly comparable to Hakimian in scale, family-led governance, and luxury Manhattan focus.
• Gotham Organization: New York City real estate developer and owner of luxury residential, condominium, and mixed-use properties including MiMA and 443 Greenwich. Directly comparable in mid-sized, NYC-focused luxury development model.
• Taconic Investment Partners: New York-focused real estate investment and development firm with offices, residential, and mixed-use holdings across Manhattan. Comparable in NYC concentration and mixed residential/commercial strategy.
• Millennium Partners: New York luxury residential and mixed-use developer behind projects like Millennium Tower and Brookfield Place. Comparable in luxury Manhattan residential focus and mixed-use development.
• GFP Real Estate: Family-owned New York real estate firm managing a portfolio of office, retail, and residential properties across Manhattan. Comparable in mid-sized, family-controlled NYC ownership model.
• Two Trees Management: Brooklyn and Manhattan real estate developer focused on residential, office, and mixed-use properties including Domino Sugar Factory. Comparable in NYC neighborhood-focused development and mixed residential/commercial strategy.

Broad incumbents

• The Related Companies: One of the largest US real estate developers, with extensive NYC residential, commercial, and mixed-use holdings including Hudson Yards. Operates broadly in Hakimian's space but at significantly larger scale and with institutional capital.
• Tishman Speyer: Global real estate developer and owner with major NYC office and residential assets including Rockefeller Center. Broad incumbent in NYC luxury and trophy real estate, comparable in property type but vastly larger.
• Vornado Realty Trust: NYSE-listed REIT focused on Manhattan office and retail properties including 1290 Avenue of the Americas. Operates in Hakimian's commercial Manhattan space but as a public REIT at much larger scale.
• SL Green Realty Corp. Largest Manhattan office landlord with a portfolio of premier Midtown office towers. Operates adjacent to Hakimian's commercial segment as a public REIT at vastly greater scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/hakimianorg
• Facebookfacebook.com/thehakimianorganization
• Instagraminstagram.com/thehakimianorganization
• LinkedInlinkedin.com/company/the-hakimian-organization

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

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 The Hakimian Organization