DTH Capital

What DTH Capital does

DTH Capital is a privately held real estate developer and owner-manager headquartered at 80 Pine Street in Manhattan's Financial District. Founded by Ronny Bruckner through his 2012 acquisition of 70 Pine Street, the company specializes in acquiring and converting historic Art Deco landmark office buildings into luxury mixed-use properties comprising residential apartments, hotel rooms, restaurants, and curated retail. DTH currently operates two landmark assets in Lower Manhattan — 70 Pine Street (a 67-story, 952-foot Art Deco tower built in 1932) and 20 Exchange Place (a 57-story, 741-foot tower) — together comprising 1,379 residential apartments and 164 hotel keys, alongside three on-site food and beverage concepts (SAGA, Crown Shy, Overstory) and a roster of ground-floor retail tenants.

The company's core technical competency is historic adaptive reuse: repositioning obsolete pre-war commercial office towers with strict landmark-preservation requirements into modern residential, hospitality, and dining assets. The 70 Pine Street conversion, completed in 2015 in partnership with Rose Associates and designed by Rene Gonzalez Architect with Bermello Ajamil as executive architect, integrated 612 apartments, 164 Mint House-operated hotel rooms, and a vertically layered F&B program (ground-floor Crown Shy, 63rd-floor SAGA, 64th-floor Overstory). DTH has previously developed a 2.60 million square foot portfolio across four properties but has since divested 63 Wall Street and 67 Wall Street to concentrate on its two flagship towers.

DTH's revenue model is asset-heavy and recurring, driven by monthly residential rents across the 1,379-unit portfolio, hotel revenue via the Mint House operating partnership, restaurant and bar sales from SAGA, Crown Shy, and Overstory, and ground-floor retail leases. The firm employs approximately 10 people across executive, finance, development, design, and administrative functions under a founder/family ownership structure (Bruckner family) with Jason Beren as CEO. DTH Capital is not venture-backed, does not disclose financial figures publicly, and has no institutional investors or parent company identified in the source data.

Name

DTH Capital

Legal name

DTH Capital

Website

https://dthcapital.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

DTH Capital is a privately held, family-owned real estate developer that acquires and converts historic Art Deco landmark office towers in Manhattan's Financial District into luxury residential apartments, hotel rooms, restaurants, and retail.

Ownership category

akta.pro rank

Product category

Real Estate Development & Property Management

NAICS

Real Estate Property Managers (53131), Lessors of Real Estate (5311)

SIC

Real Estate Dealers (For Their Own Account) (6532), Hotels & Motels (7011)

akta.pro primary industry

Build-to-Rent (BTR) Community Management (BPAJAFAC)

akta.pro secondary industry

Executive Apartments (Corporate Housing) (THAGAEAD)

Keywords

• Real estate development
• Historic property conversion
• Residential property management
• Commercial real estate leasing
• Hospitality services

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

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

Revenue model

1. Residential Rentals: Rental income from 1,379 apartments across 70 Pine Street and 20 Exchange Place properties in Manhattan's Financial District.
2. Hotel Operations: 164 hotel rooms operated by Mint House at 70 Pine Street property.
3. Restaurant and Bar Operations: Revenue from SAGA fine dining restaurant (63rd floor), Crown Shy neighborhood seasonal restaurant (ground floor), and Overstory rooftop cocktail bar (64th floor) at 70 Pine Street.
4. Retail Tenant Leasing: Leasing space to retail tenants including City Acres Supermarket, Blue Park restaurant, Mutha Pearl hair salon, Spear Physical Therapy, and Black Fox coffee shop at 70 Pine Street.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels1 record

Core offering

DTH Capital is a privately held real estate developer and owner-manager that converts historic Art Deco office skyscrapers in Manhattan's Financial District into mixed-use properties. The company currently owns and operates 70 Pine Street (612 apartments, 164 hotel rooms, restaurants, bars, retail) and 20 Exchange Place (767 apartments), totaling 1,379 residential apartments, alongside food and beverage concepts including SAGA, Crown Shy, and Overstory.

Product overview

DTH Capital is a real estate developer and owner-manager focused on converting historic office properties into residential apartments in New York City's Financial District. The company operates a portfolio comprising landmark properties including 70 Pine Street (612 apartments) and 20 Exchange Place (767 apartments), with 1,379 total apartments, 164 hotel rooms operated by Mint House, and food and beverage concepts including SAGA fine dining restaurant, Crown Shy seasonal restaurant, and Overstory rooftop cocktail bar.

Differentiator

Problem solved

Functional benefit

Brands

• SAGA: Fine dining restaurant perched on the 63rd floor of 70 Pine Street, a landmark Art Deco tower in New York's Financial District.
• Overstory
• Crown Shy

Products and services

• 70 Pine Street A 67-story, 952-foot tall Art Deco landmark skyscraper originally built in 1932, converted from offices into 612 residential apartments, 164 hotel rooms operated by Mint House, multiple restaurants (SAGA, Crown Shy), the Overstory rooftop bar, and ground-floor retail tenants including a supermarket, restaurants, hair salon, physical therapy, and coffee shop.
• 20 Exchange Place A 57-story, 741-foot tall Art Deco skyscraper converted into 767 residential apartments with resident amenities including a lounge, fitness center, on-site valet, and outdoor terrace.
• SAGA Restaurant Fine dining restaurant perched on the 63rd floor of 70 Pine Street offering cuisine rooted in European technique with global inspirations and skyline views.
• Crown Shy Neighborhood seasonal restaurant on the ground floor of 70 Pine Street featuring fine dining technique with a casual neighborhood atmosphere, led by Executive Chef James Kent.
• Overstory Contemporary cocktail bar located on the 64th floor of 70 Pine Street with a wraparound terrace offering 360-degree views of the New York City skyline.

Segments2 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered core and minor.

• Rose AssociatescoreStrategic or Co-development Partner · 1 January 2012Collaborated with Rose Associates on the residential conversion of 70 Pine Street, completed in 2015. Rose Associates served as co-developer and property management partner for the conversion of the historic 67-story Art Deco skyscraper into residential apartments.
• J2KcoreStrategic or Co-development PartnerJoint venture partner for food and beverage concepts at 70 Pine Street, developing SAGA, CrownShy, and Overstory restaurants and bars to serve building residents and the downtown community.
• Mint HousecoreChannel Partner/ Reseller/ DistributorHotel operator managing 164 hotel rooms at 70 Pine Street property, providing extended-stay and short-term accommodations in the converted landmark building.
• Rene Gonzalez ArchitectcoreImplementation/ SI/ Consulting PartnerDesign architect for 70 Pine Street and 20 Exchange Place properties, responsible for the architectural vision and interior design for both landmark conversions.
• Bermello, Ajamil & Partners, Inc.minorImplementation/ SI/ Consulting PartnerExecutive architect for 70 Pine Street conversion project, handling technical implementation of the landmark renovation.
• Raymond Jungles Inc.minorImplementation/ SI/ Consulting PartnerLandscape design firm for 70 Pine Street outdoor spaces and terraces.

Scale indicators6 records

Recent moves8 records

Expansion highlights3 records

Direct peers

• Metro Loft Management: NYC-based real estate firm specializing in office-to-residential adaptive reuse conversions—the same core competency as DTH Capital. Both companies target underutilized Manhattan office stock for residential repositioning, with similar value-add investment theses and trophy asset focus.
• Magnum Real Estate Group: NYC real estate developer and owner focused on residential and mixed-use properties in Manhattan. Comparable to DTH in targeting urban residential assets and operating in similar submarkets, with a similar owner-operator business model.
• Naftali Group: NYC-based luxury residential and mixed-use real estate developer. Operates in similar Manhattan submarkets to DTH with comparable focus on high-end residential product, often in landmark or historically significant buildings.
• The Witkoff Group: Major NYC real estate developer with a portfolio spanning residential, hospitality, and mixed-use assets. Comparable to DTH in operating across multiple property types within NYC, including landmark and trophy assets, with a similar owner-operator approach.
• Taconic Investment Partners: NYC-focused real estate investment and development firm operating across office, residential, and mixed-use. Comparable to DTH in Manhattan submarket focus and in pursuing complex value-add development opportunities.

Broad incumbents

• The Durst Organization: One of NYC's largest privately-held real estate developers, with a broad portfolio spanning office, residential, and mixed-use properties. Comparable to DTH as a major NYC owner-operator of landmark assets, though at significantly larger scale and with more diversified asset classes.
• Silverstein Properties: Major NYC real estate developer known for the World Trade Center redevelopment. Comparable to DTH in owning and developing iconic Manhattan commercial and mixed-use assets, though at a much larger scale and with a more institutional profile.
• Tishman Speyer: Global real estate investment and development firm with significant NYC presence, including iconic Manhattan office and mixed-use properties. Comparable to DTH in trophy asset ownership and mixed-use development, but operating globally and at much larger scale.
• Vornado Realty Trust: NYSE-listed REIT with a portfolio heavily concentrated in Manhattan's premier office and retail properties. Comparable to DTH in NYC submarket focus and landmark asset ownership, though primarily office-focused and structured as a public REIT rather than private operator.

Others

• Major Food Group: NYC-based hospitality group operating acclaimed restaurants and food concepts. Comparable to DTH's SAGA, Crown Shy, and Overstory F&B operations at 70 Pine Street, demonstrating how iconic NYC real estate can anchor high-profile restaurant ventures.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/dth-capital

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 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 DTH Capital