What Tavros Capital does

Tavros Capital Partners LLC is a privately held New York City real estate investment management and development firm founded in the 2008-2012 timeframe by Nicholas Silvers and Dov Barnett, and headquartered at 19 West 24th Street. The firm executes three integrated strategies — ground-up development, repositioning of existing income-producing assets, and a structured-debt platform (mezzanine origination and non-performing note acquisition) — with disciplined focus on Manhattan, Brooklyn, and Queens submarkets. Its 17-asset portfolio spans multifamily rental, for-sale condominiums, Class-A office, mixed-use, and ground-floor retail, totaling over 1,000,000 sq ft under active development, an aggregate development value exceeding $2 billion, and approximately 2,000 residential units planned across the Gowanus Wharf campus alone. Notable assets include the 1,000,000 sq ft 175 Third Street (Gowanus), 635,000 sq ft 250 Water Street (Seaport), 700,000 sq ft Court Square Assemblage (LIC), 505,000 sq ft 320 & 340 Nevins Street (Gowanus), and repositioned assets such as 27 West 24th Street and 155 West 23rd Street.

The firm makes money primarily by deploying discretionary capital sourced from family offices, trusts, high net worth individuals, and institutional investors into NYC real estate, typically through JV partnerships with operating partners (principally Charney Companies, plus Atlas Capital Group, Arel Capital, and Incoco Capital). Revenue mechanics include management fees on committed capital, development fees on ground-up and repositioning projects, promote/carried interest on realizations, and gains from structured-debt positions such as the 621 Greenwich Street non-performing note (where legal action increased redemption value by 15%). The largest single capital event to date is the $785M financing closed in 2026 for 175 Third Street, comprising $600M of debt from Apollo and Affinius Capital and $185M of equity from RXR. Capital is sourced from a recurring roster of institutional partners (Apollo, Affinius, RXR, Madison Realty Capital, Canyon Partners Real Estate, Kushner Companies, OneIM) and arranged by advisors including JLL Capital Markets and Greystone.

The firm operates with a deliberately small team of approximately 11 professionals — four founding/partners, a vice president, a senior project accountant, an associate, two analysts, and a chief of staff — leveraging JV operating partners and outsourced services (architecture from Fogarty Finger, BKSK, FXCollaborative, and Steven Harris Architects) for execution. There is no proprietary technology platform beyond a WordPress-hosted investor portal and standard corporate website; the firm's competitive differentiation rests on site-selection expertise, capital-raise relationships, and JV execution in high-barrier NYC submarkets.

Name

Tavros Capital

Legal name

Tavros Capital Partners LLC

Website

https://tavroscapital.com

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

11–50 employees

Short description

Tavros Capital is a privately held New York City real estate investment and development firm specializing in ground-up development and repositioning of mixed-use, multifamily, office, and retail assets across Manhattan, Brooklyn, and Queens, raising capital from family offices, HNWIs, and institutions via JV partnerships with operating sponsors.

Ownership category

akta.pro rank

Product category

Real Estate Investment and Development

NAICS

Portfolio Management and Investment Advice (52394), Credit Intermediation and Related Activities (522)

SIC

Real Estate Dealers (For Their Own Account) (6532), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Real Estate Capital Markets Advisory (Debt/Equity Placement, Refinancing) (BPAJANAE)

Keywords

• Real estate development
• Property repositioning
• Mezzanine debt investing
• Value-add investments
• Mixed-use properties

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

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

Revenue model

1. Development and Property Sales: Revenue generated from ground-up development projects and repositioning of existing properties, including residential, office, retail, and mixed-use developments across Manhattan, Brooklyn, and Queens.
2. Debt Platform: Structured debt positions including purchasing distressed and non-performing debt as well as providing mezzanine debt facilities to other developers.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Tavros Capital is a NYC-based real estate investment management and development firm that pursues value-add and opportunistic investments through three strategies: ground-up development of residential, office, retail, and mixed-use properties; repositioning of existing income-producing assets; and a structured debt platform that purchases distressed notes and originates mezzanine debt. The firm targets institutional investors, family offices, trusts, and high net worth individuals, executing primarily through joint ventures with operating partners in Manhattan, Brooklyn, and Queens submarkets.

Product overview

Tavros Capital is a privately owned real estate investment management and development firm that operates as a single integrated platform targeting value-add and opportunistic investments in New York City. The firm executes through three primary strategies: ground-up development (creating new residential, office, retail, and mixed-use properties), repositioning of existing properties, and a debt platform (originating and purchasing structured debt positions). The portfolio includes seventeen named products spanning development projects (250 Water Street, 320 & 340 Nevins Street, 50 Ninth Avenue, 251 Douglass Street, 585 Union Street, The Dime, One Vandam, 560 West 24th Street, The Jackson, Court Square Assemblage, 175 Third Street), repositioning projects (27 West 24th Street, High Line 537, 448 Broome Street, 155 West 23rd Street), and debt investments (621 Greenwich Street, 182 Spring Street). Properties are located across Manhattan's key submarkets (Seaport, Meatpacking District, West Chelsea, SoHo, Flatiron District, West Village) and Brooklyn's Gowanus and Williamsburg neighborhoods.

Differentiator

Problem solved

Functional benefit

Products and services

• 250 Water Street A 635,000 square foot ground-up mixed-use development in Manhattan's Seaport neighborhood featuring approximately 600 Class-A multifamily residential units and approximately 110,000 square feet of retail, developed in partnership with Atlas Capital Group.
• 320 & 340 Nevins Street A 505,000 square foot development in Gowanus, Brooklyn featuring two residential towers with 660 rental apartments and ground floor retail, designed by Fogarty Finger Architects with 450 feet of frontage along the Gowanus Canal.
• 50 Ninth Avenue (Meatpacking Plaza) An 80,000 square foot commercial development in Manhattan's Meatpacking District featuring 55,000 square feet of Class-A office space and 22,500 square feet of trophy retail, designed by BKSK Architects, developed in partnership with Arel Capital.
• 251 Douglass Street A 230,000 square foot, 14-story residential development in Gowanus, Brooklyn featuring 260 rental apartments with ground floor retail, designed by Fogarty Finger Architects with views of Thomas Greene Park and the canalfront park.
• 585 Union Street A 230,000 square foot, 9-story residential development in Gowanus, Brooklyn featuring 224 rental apartments with ground floor retail and 200 feet of frontage along Third Avenue, designed by Fogarty Finger Architects, opened in Spring 2025.
• The Dime A 340,000 square foot, 23-story mixed-use building in Williamsburg, Brooklyn featuring residential rental apartments, Class-A office space, and retail, designed by Fogarty Finger Architects, developed in partnership with Charney Construction and Development.
• One Vandam A 90,000 square foot mixed-use development in SoHo, Manhattan featuring 25 luxury condominiums and 15,000 square feet of retail, designed by BKSK Architects, Studio DB, and Mathews Nielsen.
• 560 West 24th Street An 11-story, 40,000 square foot ultra-luxury residential condominium building in West Chelsea, Manhattan featuring six full-floor four-bedroom residences and two grand duplex penthouses, designed by Steven Harris Architects.
• 27 West 24th Street A 129,000 square foot, 11-story mixed-use office and retail building in the Flatiron District, Manhattan with 100 feet of frontage and 12-foot ceilings, repositioned in partnership with Kaufman Organization, Lubert Adler, and Pan Brothers Associates.
• The Jackson A 73,000 square foot mixed-use development in Long Island City featuring 54 luxury condominiums, 1,300 square feet of retail space, and parking, designed by Fogarty Finger Architects, developed in partnership with Charney Construction and Development.
• High Line 537 A 48,000 square foot mixed-use building in West Chelsea, Manhattan featuring 28 luxury apartments and 18,000 square feet of prime retail space, repositioned by Tavros Holdings acquired in December 2012.
• 621 Greenwich Street (Distressed Debt Position) A distressed debt position in West Village, Manhattan acquired by Tavros Holdings and DHA Capital in September 2013, subsequently repaid in May 2014 after legal efforts increased redemption value by 15%.
• 448 Broome Street Two connected Cast Iron and Masonry Loft buildings in SoHo, Manhattan totaling 30,000 square feet comprising 12 luxury loft residences and 2 high-end clothing retailers, repositioned in partnership with BLDG Management Co., Inc.
• Court Square Assemblage A 700,000 square foot, 56-story mixed-use development in Long Island City's Court Square submarket featuring a commercial podium with fitness club and grocery store, and a tower with over 600 residential condominiums, designed by FXCollaborative.
• 182 Spring Street (Mezzanine Debt Facility) A mezzanine debt facility for a prime development site in SoHo, Manhattan for development of 9 luxury for-sale condominiums with approximately 2,300 square feet of prime corner retail.
• 175 Third Street A 1,000,000 square foot ground-up development in Gowanus, Brooklyn featuring approximately 1,000 Class-A multifamily residential units, approximately 100,000 square feet of retail, and a near-acre public waterfront esplanade.
• 155 West 23rd Street A 129,000 square foot, 12-story loft office property in Chelsea, Manhattan with 82,000 square feet of office space featuring generous ceiling heights and 6,100 square foot floorplates, acquired as a long-term 99-Year ground lease in partnership with Kaufman Organization and Pan Brothers Associates.

Named customers3 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Twelve partnerships are on record, tiered core, major and minor.

• Charney CompaniescoreStrategic or Co-development PartnerPrimary JV partner on multiple major developments including Gowanus Wharf campus (Union Channel, 175 Third Street), The Dime in Williamsburg, and various other NYC projects. Charney Companies provides development and construction expertise while Tavros provides capital and investment management.
• Incoco CapitalmajorStrategic or Co-development PartnerCo-developer on 175 Third Street, the flagship 1.1 million square foot mixed-use development in Gowanus.
• Greystone Capital AdvisorsmajorImplementation/ SI/ Consulting PartnerExclusive financial advisor that arranged the $525M construction financing for the Long Island City Court Square development after years of property assemblage.
• JLL Capital MarketsmajorImplementation/ SI/ Consulting PartnerArranged the $125.5M Freddie Mac refinancing loan for Union Channel, the first completed structure at the Gowanus Wharf campus.
• Arel CapitalcoreStrategic or Co-development PartnerDevelopment partner on 50 Ninth Avenue (Meatpacking Plaza), an 80,000 square foot commercial development with Class-A office and trophy retail.
• Atlas Capital GroupcoreStrategic or Co-development PartnerDevelopment partner on 250 Water Street in the Seaport neighborhood, a 635,000 square foot ground-up development with approximately 600 multifamily units and 110,000 square feet of retail.
• Kaufman OrganizationminorStrategic or Co-development PartnerJV partner on 155 West 23rd Street acquisition as a 99-year ground lease in September 2015.
• Pan Brothers AssociatesminorStrategic or Co-development PartnerJV partner on 155 West 23rd Street office repositioning project.
• FXCollaborativecoreTechnology or IntegrationArchitect for Court Square Assemblage in Long Island City, a 56-story, 700,000 square foot mixed-use development.
• Fogarty Finger ArchitectscoreTechnology or IntegrationPrimary architectural partner for multiple developments including The Dime, 320 & 340 Nevins Street, 251 Douglass Street, 585 Union Street, and The Jackson.
• BKSK ArchitectscoreTechnology or IntegrationArchitect for 50 Ninth Avenue (Meatpacking Plaza), designing two distinct connected structures preserving historic buildings with modern glass and terracotta office component.
• Life TimemajorChannel Partner/ Reseller/ DistributorAnchor tenant signed for 85,000+ square foot athletic country club at 175 Third Street, featuring rooftop pools, pickleball, coworking space, and longevity services. Will be the largest Life Time in Gowanus and fifth building in the campus.

Scale indicators3 records

Recent moves6 records

Expansion highlights3 records

Direct peers

• Charney Companies: Primary JV partner on Tavros' largest NYC developments (Gowanus Wharf, The Dime, Court Square). Charney is also a developer in its own right, providing construction and development expertise. Directly comparable as a vertically integrated NYC-focused real estate development firm.
• JDS Development Group: NYC-focused luxury and large-scale residential/mixed-use developer behind Brooklyn Tower and Mercedes-Benz Tower. Highly comparable as a NYC development firm targeting rezoning-driven opportunities and ultra-luxury product.
• SoHo Properties: NYC-based real estate development and investment firm with similar value-add and repositioning focus across Manhattan and Brooklyn. Comparable development platform and tenant strategy.
• Magnum Real Estate Group: NYC-focused real estate investment and development firm pursuing development, repositioning, and opportunistic strategies in Manhattan and Brooklyn. Closest scale and strategy analog to Tavros.
• TF Cornerstone: NYC-focused developer with active pipelines in Long Island City and Manhattan. Comparable in submarket focus and product type (class A multifamily, mixed-use).
• Atlas Capital Group: JV partner on 250 Water Street (Seaport) and a NYC-focused real estate investor/developer. Directly comparable as a NYC ground-up development partner of similar scale.

Broad incumbents

• The Related Companies: One of the largest US developers with significant NYC presence including Hudson Yards. Operates broader geographic and product footprint but represents the institutional-scale aspirational benchmark for NYC development.
• RXR Realty: Major NYC real estate owner/developer/investor and equity JV partner on 175 Third Street. Broader scale and institutional platform, but directly overlapping on capital provider/operator role.
• Canyon Partners Real Estate: JV equity partner (Union Channel/Gowanus) and institutional capital allocator. Comparable as a real estate investment manager targeting ground-up development in primary markets.

Emerging players

• Avery Hall Investments: Brooklyn-focused developer and JV partner on Tavros' 2019 Gowanus entry. Comparable as a smaller-scale Brooklyn/Gowanus developer pursuing rezonings, though substantially smaller than Tavros.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds

Investors

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

M&A

Investments1 record

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

Frequently asked questions about Tavros Capital