What Cord Meyer Development does

Cord Meyer Development Company is a privately held real estate development, construction, and investment firm founded in 1904 and headquartered at 108-18 Queens Boulevard in Forest Hills, New York. The company develops, owns, and operates a diversified portfolio of residential, commercial, and mixed-use properties across the New York metropolitan area, with a long-standing concentration in Queens neighborhoods such as Forest Hills, Bayside, Jackson Heights, and Elmhurst. Its current pipeline includes four major active projects: 70 Westchester (203 luxury units in White Plains with Saber Real Estate North), Bay Terrace Shopping Center (145 rental units atop a redeveloped retail center in Bayside), Triangle (92-unit mixed-use in Elmhurst), and Roosevelt (a mixed-use site in Jackson Heights), collectively representing a stated $500M development push with 400+ residential units underway.

The firm operates three integrated lines of business: development (speculative and build-to-rent residential and mixed-use projects), construction (delivered primarily through general contractor partnerships such as Callahan Construction), and investment (long-term ownership of stabilized assets including shopping centers, office buildings, and rental apartment properties). Revenue is generated through a combination of one-time development proceeds (sale or lease-up of new units) and recurring rental income from owned commercial and residential real estate, including Bay Terrace Shopping Center, Woodside Shopping Center, Cord Meyer Office Building, and various Queens Boulevard retail assets. Customers are individual residential renters/buyers, retail tenants (restaurants, fitness, medical offices including Northwell Health, and banks including Flagstar Bank), and mixed-use end-users.

The company recently professionalized its executive bench with senior hires from AvalonBay Communities (a large institutional multifamily REIT), secured approximately $105 million in construction and mezzanine financing from New York Life Real Estate Investors and Siguler Guff, and is expanding geographically beyond its historic Queens base into Westchester County for the first time. Ownership remains family-controlled with professional executive leadership, and the firm is positioning itself for a step-change in development throughput while maintaining its long-term hold strategy on stabilized assets.

Name

Cord Meyer Development

Legal name

Cord Meyer Development Company

Website

https://cordmeyer.com

Company type

Private

Founded year

1904

Operating status

Operating

Headcount range

1–10 employees

Short description

Cord Meyer Development Company is a privately held, 120-year-old New York real estate developer that builds, owns, and operates residential, commercial, and mixed-use properties, primarily in Queens with expansion into Westchester County, serving renters, retail tenants, and mixed-use end-users.

Ownership category

akta.pro rank

Product category

Real Estate Development

NAICS

New Housing For-Sale Builders (236117), Nonresidential Building Construction (2362)

SIC

General Bldg Contractors - Residential Bldgs (1520), Operative Builders (1531), Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

Multi-Family Residential Construction (Apartments, Condos, Townhomes) (IMAFABAB)

akta.pro secondary industries

Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL), Single-Family Home Construction (Detached Homes) (IMAFABAA)

Keywords

• Real estate development
• Mixed-use developments
• Residential apartment construction
• Commercial property leasing
• Shopping center operations

Headquarters

HQ city

Forest Hills

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Personnel, Supply Chain, Marketing or Sales, Infrastructure

Revenue model

1. Real Estate Development: Developing residential condominiums, apartment buildings, and commercial properties for sale or long-term ownership. Revenue generated from property sales or ongoing rental income from owned developments.
2. Commercial Property Leasing: Leasing retail, office, and restaurant space at owned commercial properties including Bay Terrace Shopping Center, Forest Hills locations, and Jackson Heights properties. Ongoing rental income from multiple tenants.
3. Residential Property Leasing: Leasing luxury and market-rate residential apartments at developments including 70 Westchester, Bay Terrace, and other properties. Recurring rental income from residential tenants.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Cord Meyer Development Company is a real estate development, construction, and investment firm that develops, owns, operates, and leases residential apartments, condominiums, single-family homes, commercial office buildings, retail properties, and mixed-use developments across the New York metropolitan area with primary focus on Queens and expansion into Westchester County. The company develops new projects with market-rate, luxury, and affordable (tax-abatement-linked) housing components while also leasing its existing portfolio of commercial and residential assets directly to tenants.

Product overview

Cord Meyer Development Company is a real estate development, construction, and investment firm founded in 1904, headquartered in Forest Hills, Queens, NY. The company operates a multi-segment business offering: (1) Development services creating residential and mixed-use properties; (2) Construction services with a focus on innovation and environmentally-conscious practices; and (3) Investment services for sustainable growth. Current portfolio includes active developments: 70 Westchester (203-unit multifamily in White Plains), Roosevelt (mixed-use in Jackson Heights), Triangle (92-unit mixed-use in Elmhurst), and Bay Terrace Shopping Center (145-unit residential in Bayside with retail revitalization). Past projects include Bay Lane Estates, The Aston, The Windsor, and Knickerbocker Bay Club. Commercial properties include the Cord Meyer Office Building, Queens Boulevard Retail, Woodside Shopping Center, and Jackson Heights properties. The company is currently ramping up development with over 400 residential units underway and a $500M development pipeline.

Differentiator

Problem solved

Functional benefit

Products and services

• 70 Westchester Luxury Apartments A 203-unit multifamily residential development in White Plains, NY featuring best-in-class residential amenities, 12,100 gross square feet of streetscape commercial space, and 270 parking spaces. Targeted at luxury renters in the New York City suburb market and developed jointly with Saber Real Estate North on a former car dealership site.
• Bay Terrace Shopping Center Residential Community New 145-unit multifamily residential community built above the existing Bay Terrace Shopping Center in Bayside, Queens, consisting of two five-story buildings with one- to three-bedroom units, rooftop terraces, a clubhouse, and landscaped resident courtyards. Utilizes the 485x tax abatement program to deliver affordable housing units alongside market-rate residences; targeted at market-rate and affordable renters in established Queens neighborhoods.
• Roosevelt Mixed-Use Development A partially leased 30,222 SF site at 91-08/92-10 Roosevelt Avenue in Jackson Heights, NY with plans to develop a residential mixed-use building. Targeted at residential renters and ground-floor commercial tenants in a transit-accessible Queens corridor.
• Triangle Mixed-Use Development A 145,000 SF residential mixed-use building planned for 90-32 Queens Boulevard in Elmhurst, NY, featuring 93 residential units and 32,515 SF of commercial space with 131 below-grade parking spaces on a 26,228 SF vacant site. Targeted at residential renters and commercial tenants along a major Queens thoroughfare.
• Bay Terrace Shopping Center Established shopping center in Bayside, NY undergoing ambitious redevelopment that includes updated facades, contemporary signage, reconstructed pedestrian walkways, new landscaping, expanded outdoor seating areas, and an addition of 145 rental residences across two five-story buildings. Leased to multiple retail, restaurant, and service tenants as Cord Meyer's flagship commercial asset.
• Cord Meyer Office Building Commercial office property at 108-18 Queens Boulevard in Forest Hills, NY, serving as the company's headquarters and recently redeveloped with structural and design improvements including a newly renovated lobby. Houses office tenants and serves as the corporate anchor asset in Cord Meyen's home market.
• Queens Boulevard Retail Commercial retail properties along Queens Boulevard managed by Cord Meyer Development, providing street-level retail space to local and regional retailers in high-traffic Queens locations.
• Woodside Shopping Center Shopping center property in Woodside, NY managed by Cord Meyer Development, providing retail, restaurant, and service space to tenants serving the surrounding Woodside community.
• Jackson Heights Queens Properties Commercial properties in Jackson Heights, Queens managed by Cord Meyer Development, including the Flagstar Bank-anchored asset at 73-01 Northern Boulevard. Provide retail and office leasing space serving the Jackson Heights community.

Named customers2 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

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

• Callahan Construction ManagerscoreImplementation/ SI/ Consulting Partner · 23 April 2026Callahan Construction, headquartered in Bridgewater, Massachusetts, was selected to oversee construction of the 145-residence residential community at Bay Terrace Shopping Center in Queens. This is their first project in New York City's five boroughs and the second project with Cord Meyer, following ongoing work as general contractor on the 70 Westchester multifamily development in White Plains, NY.
• Saber Real Estate NorthmajorStrategic or Co-development PartnerJoint development partnership with Saber Real Estate North for the 10-story mixed-use building with 203 luxury apartments at the site of a former car dealership in White Plains, NY. Both developers have begun construction on this project addressing housing demand in the New York City suburb.
• Friends of Crocheron & John Golden ParkminorOthersCommunity partnership as Premier Sponsor of Friends of Crocheron & John Golden Park for five consecutive years, supporting the 63-acre park and volunteer organization that maintains it. Represents the company's commitment to community engagement and giving back.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• The Related Companies: One of the largest US real estate developers, with significant NYC multifamily, mixed-use, and affordable housing operations including the Hudson Yards platform. Comparable on product type (large-scale residential and mixed-use) but operates at a vastly greater scale and broader geography.
• AvalonBay Communities: Large publicly-traded multifamily REIT developing, owning, and operating apartment communities in high-barrier-to-entry US markets including the NYC metro area. Comparable on product type (luxury/market-rate rental apartments); Cord Meyer has hired multiple executives from AvalonBay.

Direct peers

• BFC Partners: NYC affordable and mixed-income housing developer with a strong Queens and outer-borough portfolio. Comparable to Cord Meyer on geography, product type (new multifamily apartment buildings), and use of city and state subsidy programs.
• Taconic Investment Partners: NYC-focused real estate developer and investor active in residential, mixed-use, and office assets across Manhattan and the outer boroughs. Comparable on product type and NYC metro focus, with mixed-use redevelopment of legacy commercial sites similar to Cord Meyer's playbook.
• Alchemy Properties: NY-based condominium and rental apartment developer focused on ground-up residential and conversion projects. Comparable to Cord Meyer's residential development focus, though smaller in scale and more Manhattan-weighted.
• The Gotham Organization: Manhattan-based developer of luxury residential and mixed-use properties including condominiums and rental apartment buildings. Comparable to Cord Meyer on product (high-end residential and mixed-use developments) and target segment, though Gotham is more Manhattan-centric.
• Two Trees Management: Brooklyn-based developer of residential and mixed-use properties including ground-up apartment buildings. Comparable on product type (new multifamily and mixed-use developments) and NYC-metro focus, with similar mixed-income strategy.
• BRP Companies: NYC-focused developer of mixed-income multifamily and mixed-use projects with deep Queens and Bronx presence. Directly comparable to Cord Meyer on product type (new multifamily apartment buildings), target market (NYC outer boroughs), and reliance on tax abatement programs.
• L+M Development Partners: New York-based real estate developer focused on multifamily and mixed-use residential developments across the NYC metro area, including affordable and market-rate housing. Closely comparable to Cord Meyer in geography, product type (apartment buildings and mixed-use), and use of public financing programs.

Others

• Madison Realty Capital: NYC-focused private real estate lender and investor providing debt and equity for ground-up residential and mixed-use developments. Comparable as a counterparty in the same NY development ecosystem rather than as a direct operating peer; relevant for benchmarking Cord Meyer's debt sourcing.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/cord-meyer-development

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 Cord Meyer Development