Youngwoo & Associates

What Youngwoo & Associates does

Youngwoo & Associates LLC is a privately held, founder-led real estate development firm headquartered at 545 West 25th Street, New York, with a 40-plus year track record and a cumulative development footprint exceeding 8 million square feet. The company organizes its portfolio into four lines: Tech Properties (data center and mission-critical infrastructure including 85 Tenth Avenue, Intergate Manhattan, Hudson Office, and the Carteret Data Center for JPMorgan), Iconic Residences (the Sky Garage Condominium at 200 11th Avenue, Chelsea Arts Tower, and 70 Pine Street), New Town Square mixed-use developments (Super Pier/Pier 57 anchored by Google, Radio 181, Radio 1611 in Atlanta, Bronx Post Place, and the Golden Wheel commercial condominium), and Agribusiness (the 2,000+ acre Dragonback Vineyard Estates and Chozos hotel in Mendoza, Argentina, plus 18,000+ hectares of farmland in Paraguay).

The firm's core capability lies in adaptive reuse and pioneering concept development — converting former manufacturing, telecom, and postal assets into data center, office, and mixed-use properties, and originating novel formats such as the world's first en-suite Sky Garage and the first ground-up, pre-planned data center at 325 Hudson Street. Operating geographies span New York, New Jersey, Texas, Georgia, Argentina, and Paraguay, supported by a small core team of 11-50 employees plus senior advisors (former Nortel CEO Bill Owens and ex-Korean Minister of Telecommunication Dr. Jong Lok Yoon).

Youngwoo & Associates makes money through direct property sales and long-term leasing to enterprise tenants and high-net-worth buyers, supplemented by asset dispositions and joint-venture development fees (e.g., the Kingsbridge Armory redevelopment with Joy Construction and the $44 million sale of the Bronx General Post Office to Maddd Equities). The firm is family-controlled, with founder Young Woo as Principal, Margarette Lee as Principal and CEO, and Bryan Woo as President; no external private equity or institutional capital is disclosed.

Name

Youngwoo & Associates

Legal name

YOUNGWOO & ASSOCIATES, LLC

Website

https://iyoungwoo.com

Company type

Private

Founded year

1979

Operating status

Operating

Headcount range

11–50 employees

Short description

Youngwoo & Associates is a privately held, founder-led New York real estate developer with 40+ years of experience and 8M+ SF developed across data centers, luxury residential, mixed-use projects, and international agribusiness in Argentina and Paraguay.

Ownership category

akta.pro rank

Product category

Real Estate Development

NAICS

Nonresidential Building Construction (2362)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

Specialty Real Assets / Niche Strategies (Marinas, Student Housing, Self-Storage, Life Science RE) (FSANAEAO)

akta.pro secondary industries

Residential Real Estate Asset Management (BPAJAMAA), Real Estate M&A / Joint Venture Advisory (Platform Deals, Partnerships) (BPAJANAF)

Keywords

• Real estate development
• Data center development
• Luxury residential construction
• Mixed-use development
• Agribusiness 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

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

Distribution channels1 record

Marketing channels1 record

Core offering

Youngwoo & Associates is a privately held real estate development company that designs, develops, and delivers niche-market properties across four asset classes: tech properties (purpose-built and converted data centers), iconic luxury residences, mixed-use new-town-square developments, and agribusiness assets (vineyards, hospitality, farmland). The firm sells, leases, and operates these directly developed assets to enterprise tenants, institutional buyers, and high-net-worth individuals, having built more than 8 million square feet across the U.S. and South America over a 40+ year track record.

Product overview

Youngwoo & Associates is a real estate development company with a 40+ year track record specializing in innovative and trendsetting projects. The company operates four main portfolio categories: Tech Properties (data centers including 85 Tenth Avenue, Intergate Manhattan, Hudson Office, and Carteret Data Center); Iconic Residence (luxury residential projects such as Sky Garage, Chelsea Arts Tower, and 70 Pine Street); New Town Square (multi-use developments including Super Pier, Radio 181, Radio 1611, Bronx Post Place, and Golden Wheel); and Agribusiness (vineyard estates and farmlands including Dragonback, Chozos, Glamping, and Paraguay Farmlands). The company is known for pioneering developments including the world's first Sky Garage condominium and innovative data center projects across New York, New Jersey, and beyond.

Differentiator

Problem solved

Functional benefit

Products and services

• Sky Garage Condominium Project World's first en-suite Sky Garage luxury residential condominium at 200 11th Avenue, New York: a 57,000 SF, 20-story building with 16 units featuring car elevator access to individual units; completed in 2010.
• Chelsea Arts Tower 75,000 SF first commercial art gallery condominium tower in West Chelsea at 545 West 25th Street, pioneering the art gallery movement out of Soho.
• 70 Pine Street Mixed-Use Conversion 976,000 SF mixed-use residential conversion project at 70 Pine St / 72 Wall St in downtown Manhattan creating a next-generation living experience.
• Bronx Post Place 175,000 SF modernized retail and office destination at 558 Grand Concourse, Bronx, featuring landmarked New-Deal era aesthetics and a rooftop Zona de Cuba restaurant.
• Radio 181 Project 285,000 SF mixed-use development at 2420 Amsterdam Ave in Washington Heights, Manhattan, featuring 167,000 RSF Class A office, 221-room boutique hotel, 9,000+ SF event space, 8,500 RSF retail, and 170 parking spaces.
• Radio 1611 200,000 SF mixed-use lifestyle destination at 1611 Ellsworth Industrial Dr NW, Atlanta, GA, featuring retail, office, market, and food & beverage in an industrial heritage setting near Atlanta's Beltline expansion.
• Super Pier Project 683,000 SF landmark waterfront cultural destination and creative marketplace at Pier 57, New York: six floors of office (occupied by Google), retail, and public space.
• Hudson Office Project 205,000 SF pioneering data center at 325 Hudson Street — the first pre-planned data center with all required infrastructure newly constructed from the ground up.
• Intergate Manhattan Project 822,000 SF vertical data center at 375 Pearl Street: conversion of an outdated Verizon data center into a mixed-use building with state-of-the-art data center on lower floors and office space above.
• 85 Tenth Avenue Project 600,000 SF telecom, retail, and office mixed-use property at 85 Tenth Avenue, originally a Nabisco manufacturing building converted to a data center and currently occupied by Google.
• Carteret Data Center Project 242,000 SF single-story data center for JPMorgan at 1300 Federal Blvd, Carteret, NJ: conversion of a vacant warehouse into a state-of-the-art data center with complete infrastructure.
• Southwest Corporate Center Project 526,000 SF Class A office and call center at 9700 Bissonnet Dr, Houston, TX: transformation of a bankrupt shipping center into first-class office space.
• The Golden Wheel Project 165,000 SF, 9-story, 154-unit commercial condominium at 139 Centre Street in Chinatown, New York — the largest scale professional commercial condominium in the area with retail space.
• Dragonback Vineyard Estates 2,000+ acre private vineyard estates in Mendoza, Argentina — a completed project featuring boutique winery, hotel, luxury villas, and glamping structures with vineyard views.
• Paraguay Farmlands Large-scale farmland operations in Paraguay comprising Ybicui Farmland (18,000+ ha), San Ramon Farmland (5,285 ha), and La Esperanza Farmland (2,743 ha), specializing in corn, soybeans, and sunflower production.
• Chozos Resort Luxury hotel and glamping resort in Mendoza, Argentina, featuring unique 'chozos' housing structures each paired with a section of vineyard for homeowners.

Quantifiable outcome

• 40+ years of successful track record
• +3 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered core and minor.

• Joy ConstructioncoreStrategic or Co-development PartnerPartnership with Joy Construction to redevelop the Kingsbridge Armory into a 13,000-seat event venue. This represents a significant development project in New York City.
• Maddd EquitiesminorOthersMaddd Equities acquired the Bronx General Post Office from Youngwoo & Associates for $44 million. This represents a property disposition rather than a strategic partnership.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Digital Realty Trust: Public data center REIT with global hyperscale colocation footprint. Closest publicly traded comp to YWA's pioneering data-center development (325 Hudson, Intergate Manhattan, 85 Tenth), though at vastly larger scale.
• The Durst Organization: One of NYC's largest family-owned real estate developers with a deep trophy-asset portfolio and sustainability focus. Larger and broader than YWA but shares family-control DNA and NYC-centric development approach.
• Tishman Speyer: Global real estate developer with major NYC trophy office and mixed-use holdings (e.g., Rockefeller Center). Comparable to YWA at the asset-class overlap (Class A office, residential, mixed-use) but significantly larger and global.
• Vornado Realty Trust: NYC-centric REIT focused on Class A office (incl. PENN District, Fifth Avenue retail, Mart). Overlaps with YWA's Manhattan office and mixed-use portfolio but operates as a public REIT, not private developer.

Direct peers

• GFP Real Estate: Multi-generational NYC commercial real estate owner-operator focused on office, retail, and mixed-use properties. Comparable to YWA's commercial portfolio and family ownership model.
• Savanna: NYC-based private real estate investor/developer focused on office, data-center, and mixed-use adaptive-reuse projects. Closely comparable given adaptive-reuse specialization (e.g., telecom-to-data center conversions) similar to YWA's Intergate Manhattan and 85 Tenth Avenue projects.
• Silverstein Properties: NYC-focused developer of trophy Class A office, residential, and mixed-use properties (incl. World Trade Center). Directly comparable to YWA's trophy asset strategy and NYC commercial concentration.
• L&L Holding Company: NYC-focused commercial office developer known for trophy-grade Class A buildings and adaptive-reuse conversions. Directly comparable to YWA's commercial/mixed-use development model and NYC concentration.
• Rudin Management Company: Third-generation family-owned NYC real estate owner/developer with a diversified office, residential, and technology-property portfolio. Closely mirrors YWA's family-controlled structure and multi-decade NYC presence.
• Taconic Investment Partners: NYC-based private real estate developer and investor operating across commercial office, mixed-use, and life-science assets. Comparable to YWA given similar NYC-centric footprint, multi-asset strategy, and mid-sized private ownership structure.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 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 Youngwoo & Associates