Icon Realty Management
Icon Realty Management is a New York-based real estate investment and management firm founded in 2012 that owns, manages, rents, and divests multifamily apartment properties in Manhattan. Co-founded by Todd Cohen and Terrence Lowenberg, the firm employs 51-100 people.
- Company typePrivate
- Founded2012
- HeadquartersNew York, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Icon Realty Management does
Icon Realty Management is a New York-based real estate investment and management company founded in 2012. It operates as a multi-faceted investment, management, and real estate firm that owns and rents apartments, with operating activity concentrated on Manhattan multifamily properties. The firm is headquartered in New York City and serves the NYC metropolitan market, with no disclosed geographic expansion beyond New York.
The firm's business centers on real estate asset management and property disposition. Its most prominent disclosed activity is a February 23, 2026 transaction in which Icon Realty Management affiliates sold three Manhattan multifamily properties to JP Real Estate Group for $49.2 million, the largest deal within a broader $303 million / 153-transaction commercial real estate period in NYC. The firm appears to generate revenue primarily through rental income from owned apartments and via property disposition events. No technology stack, proprietary platform, digital product, or AI-enabled service offering was identified in the available source data, indicating operations are run through traditional real estate management rather than technology infrastructure. No pricing, contract structure, or third-party property management mandate details were disclosed.
Icon Realty Management is led by co-founders Todd Cohen and Terrence Lowenberg, both serving as founders and principals. The company maintains a headcount of 51-100 employees and operates as a privately held for-profit entity. No funding rounds, public listings, partnerships, awards, regulatory actions, certifications, named product lines, or patent/trademark filings were disclosed in the source material.
Icon Realty Management firmographics
Firmographics- Name
- Icon Realty Management
- Website
- https://iconrealtymgmt.com
- Company type
- Private
- Founded year
- 2012
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Icon Realty Management is a New York-based real estate investment and management firm founded in 2012 that owns, manages, rents, and divests multifamily apartment properties in Manhattan. Co-founded by Todd Cohen and Terrence Lowenberg, the firm employs 51-100 people.
- Ownership category
- akta.pro rank
Icon Realty Management industry classification
Industry- Product category
- Real Estate Property Management
- NAICS
- Residential Property Managers (531311), Real Estate and Rental and Leasing (53)
- SIC
- Operators Of Apartment Buildings (6513), Real Estate Agents & Managers (For Others) (6531)
- akta.pro primary industry
- Residential Real Estate Asset Management (BPAJAMAA)
- akta.pro secondary industry
- Real Estate Portfolio & Fund Management (Institutional/REIT/PE) (BPAJAMAJ)
Keywords
Where Icon Realty Management is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Markets served
Icon Realty Management business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure
Icon Realty Management product offering
Product offeringCore offering
Icon Realty Management is a multi-faceted real estate investment, management, and operating firm headquartered in New York that owns and rents multifamily apartment properties in Manhattan. The firm is actively engaged in real estate acquisition and disposition, including portfolio transactions with institutional buyers. Founded in 2012 as a private for-profit company, it operates with 51-100 employees.
Product overview
Icon Realty Management is a New York-based real estate management company involved in property ownership, acquisition, and disposition of multifamily and commercial real estate assets in Manhattan. Based on available source material, the company is associated with Manhattan multifamily properties and has had affiliates involved in property sales transactions. No specific named products, modules, or technology-enabled service offerings were identified in the provided source data. The company website (iconrealtymgmt.com) was not accessible for content extraction during the data collection period.
Differentiator
Problem solved
Functional benefit
Products and services
- Multifamily Apartment Rental
- Commercial Property Management
- Real Estate Investment and Disposition
Companies that use Icon Realty Management
Customer profileNamed customers1 record
Ideal customer profiles2 records
Icon Realty Management technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Icon Realty Management partnerships and signals
Strategic signalScale indicators1 record
Recent moves2 records
Expansion highlights1 record
Icon Realty Management competitors and assessment
Company assessmentBroad incumbents
- Greystar Real Estate Partners: Largest US multifamily property manager and operator with a national platform. Comparable as a multifamily management and investment firm, though far larger and geographically diversified beyond NYC.
- The Related Companies: Large NYC-headquartered real estate developer and owner with multifamily, affordable, and mixed-use assets. Comparable as a major NYC residential operator, but at materially greater scale than Icon.
- Thor Equities: Established NYC real estate investment firm with a broader portfolio spanning multifamily, retail, and office. Comparable as a NYC multifamily owner/investor with active deal flow, though larger and more diversified than Icon.
- Vornado Realty Trust: Public NYSE-listed REIT with a major Manhattan office and residential portfolio. Comparable as a NYC multifamily owner-operator, though substantially larger and publicly traded, providing public-market benchmark data.
Direct peers
- Two Trees Management: Brooklyn-based real estate owner-operator with significant multifamily holdings across NYC. Comparable as a vertically integrated NYC multifamily investment and management firm with similar owner/operator DNA.
- Rose Associates: New York-based residential property manager and developer with a large multifamily portfolio across Manhattan. Directly comparable to Icon as a NYC-focused multifamily operator and asset manager of similar vintage and market orientation.
- GFP Real Estate: Multi-generational New York real estate firm owning and operating a sizable Manhattan multifamily and commercial portfolio. Comparable as a NYC owner-operator with active property management and long-standing local presence.
- BLDG Management: Mid-sized NYC-based residential and mixed-use property manager operating a portfolio of Manhattan and Brooklyn multifamily assets. Comparable in scale, NYC focus, and apartment-rental operating model to Icon.
- Taconic Investment Partners: NYC-focused real estate investment and operating firm active in multifamily and mixed-use assets. Comparable as a private NYC real estate investor with active acquisition and disposition activity.
Regional players
- Magnum Real Estate Group: NYC-based real estate investment and management firm active in multifamily acquisitions and dispositions. Comparable as a regional NYC multifamily investor-manager with similar deal-size profile and capital recycling activity.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat2 records
Key risks5 records
Key highlights5 records
Customer concentration
Icon Realty Management social profiles
Digital presenceIcon Realty Management financial estimates
Financial estimateRevenue estimate
Valuation estimate
Icon Realty Management leadership team
Management profileNumber of profiles
Profiles2 records
Icon Realty Management funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Icon Realty Management 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 Icon Realty Management
What does Icon Realty Management do?
Icon Realty Management is a multi-faceted real estate investment, management, and operating firm headquartered in New York that owns and rents multifamily apartment properties in Manhattan. The firm is actively engaged in real estate acquisition and disposition, including portfolio transactions with institutional buyers. Founded in 2012 as a private for-profit company, it operates with 51-100 employees.
When was Icon Realty Management founded?
Icon Realty Management was founded in 2012. It employs 51 to 100 people.
Where is Icon Realty Management based?
Icon Realty Management is headquartered in New York, United States, in the North America region.
Who are Icon Realty Management's main competitors?
Broad incumbents on record are Greystar Real Estate Partners, The Related Companies, Thor Equities and Vornado Realty Trust. Direct peers are Two Trees Management, Rose Associates, GFP Real Estate, BLDG Management and Taconic Investment Partners. Magnum Real Estate Group is listed as a regional player.
Does Icon Realty Management have an API?
No public API is recorded for Icon Realty Management.
What industry is Icon Realty Management in?
Icon Realty Management's product category is Real Estate Property Management. Its primary akta.pro industry code is BPAJAMAA, Residential Real Estate Asset Management, with a secondary code of BPAJAMAJ, Real Estate Portfolio & Fund Management (Institutional/REIT/PE). Its NAICS code is 531311 and its SIC code is 6513.