Cogswell Realty

What Cogswell Realty does

Cogswell Realty, LLC is a private real estate owner, manager, and developer of commercial and residential properties in the New York Metropolitan Area. Founded in 1996, the firm operates with affiliated companies CRG Management LLC and Cogswell Residential and reports more than $750 million of real estate acquired directly or through partnerships and more than $275 million of construction, rehabilitation, and redevelopment supervised. Its project examples include Harlem office buildings at 55 and 215 West 125th Street, 183 Madison Avenue, 150 Rivington, 345 Carroll Street, Eleven80 in Newark, and 60 Broad Street.

The company’s core services are acquisitions, development, leasing, asset management, property management, and project management rather than software or proprietary technology; no proprietary technology platform or AI product is disclosed. Its operating model emphasizes integrated control of sourcing, due diligence, capital structuring, construction oversight, leasing, and property management, with direct participation intended to reduce costs and improve asset-level visibility.

Cogswell generates economics through property acquisitions and dispositions, development or redevelopment sale and lease activity, property and leasing operations, and asset/property management fees from partnerships. Its go-to-market is relationship-based, using institutional capital partners, lenders, brokers, and joint ventures to source off-market opportunities and structure co-investments; end markets include institutional investors, government agencies and corporate tenants, and high-net-worth buyers of luxury residential units, including 150 Rivington units priced from $995,000 to $3.8 million.

Name

Cogswell Realty

Legal name

Cogswell Realty, LLC

Website

https://cogswellrealty.com

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

101–250 employees

Short description

Cogswell Realty is a private New York real estate owner, manager, and developer focused on commercial and residential assets, serving institutional capital partners, government and corporate tenants, and high-net-worth residential buyers through acquisitions, development, leasing, and property management.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Investment and Development

NAICS

Real Estate Property Managers (53131), Nonresidential Property Managers (531312), Offices of Real Estate Agents and Brokers (5312)

SIC

Real Estate Dealers (For Their Own Account) (6532), Operators Of Nonresidential Buildings (6512), Operators Of Apartment Buildings (6513), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Real Estate Portfolio & Fund Management (Institutional/REIT/PE) (BPAJAMAJ)

akta.pro secondary industries

Commercial Real Estate Brokerage (Leasing & Sales) (FSAEAJAB), Real Estate Capital Markets Advisory (Debt/Equity Placement, Refinancing) (BPAJANAE)

Keywords

• Commercial real estate investment
• Real estate development
• Property management services
• Asset management
• Real estate acquisitions

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

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

Revenue model

1. Real Estate Acquisition and Disposition: Cogswell acquires underperforming assets at opportune times, repositions them through capital improvements and leasing strategies, and exits through sales to generate returns for investors. Revenue is realized upon property disposition.
2. Development and Redevelopment Services: The firm develops and redevelops residential and commercial properties, including conversions and new construction. Revenue is generated through the sale or lease of developed units and buildings.
3. Property Management and Leasing: In-house property management and leasing services for the company's own portfolio and potentially third-party clients, providing ongoing operational revenue.
4. Asset Management: Comprehensive asset management to maximize day-to-day performance and long-term value of properties, generating management fees from investor partnerships.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels1 record

Core offering

Cogswell Realty is an owner, manager, and developer of commercial and residential real estate in the New York Metropolitan Area, offering an integrated platform spanning Acquisitions, Development, Leasing, Asset Management, Property Management, and Project Management. The firm acquires underperforming assets, repositions them through capital improvements and redevelopment, co-invests alongside institutional capital partners, and operates stabilized commercial and residential properties. Current portfolio includes Class A office buildings in Manhattan and over 390 residential units across multiple developments.

Product overview

Cogswell Realty is a full-service real estate investment and management firm offering an integrated platform of six core services: Acquisitions, Development, Leasing, Asset Management, Property Management, and Project Management. The company operates primarily in the New York Metropolitan Area, sourcing capital and structuring partnerships to acquire and redevelop commercial and residential properties. Their current portfolio includes eight properties spanning residential developments (150 Rivington with 45 luxury units, 345 Carroll Street with 32 homes, Eleven80 with 317 units), mixed-use assets (2130 ACP with 46 cooperative apartments), and commercial office buildings (183 Madison Avenue, 55 West 125th Street, 215 West 125th Street, 60 Broad Street). The integrated capabilities reduce costs, increase efficiency, and improve tenant satisfaction through direct participation in construction, management, and leasing.

Differentiator

Problem solved

Functional benefit

Products and services

• Acquisitions Real estate investment acquisition service focused on identifying value in underperforming assets across the New York Metropolitan Area, leveraging market expertise and industry contacts to source off-market opportunities and structure joint venture acquisitions for institutional capital partners.
• Development Property development and redevelopment services including capital improvement programs, new construction, and adaptive reuse of commercial properties to residential use. Offered to investors and partners seeking repositioning of underperforming assets.
• Leasing Comprehensive marketing and leasing strategies for commercial and residential properties to ensure investment strategies are fully realized and maintain high occupancy levels. Provided for the firm's own portfolio and as third-party services.
• Asset Management Day-to-day performance optimization and long-term value maximization for real estate assets through comprehensive management practices and investment plan execution. Generates management fees from investor partnerships and institutional clients.
• Property Management In-house property management overseeing all building operations with focus on maintenance standards, responsiveness, and efficiency for the company's own portfolio and potentially third-party clients.
• Project Management Full-service project coordination from concept and planning through completion, aligning client needs with business objectives across all project facets for the firm's own developments and third-party clients.
• 150 Rivington 45-unit modern luxury residential development on Manhattan's Lower East Side featuring one- to three-bedroom residences ranging from 543 to 1,600 square feet with tech-savvy amenities; one-bedrooms from $995,000, two-bedrooms from $1.695 million, three-bedrooms from $2.75 million, three-bedroom penthouses at $3.8 million.
• 345 Carroll Street 32 unique residential homes in Carroll Gardens, Brooklyn with two- to four-bedroom apartments including garden duplexes and multi-story penthouses ranging from 1,200 to 3,000 square feet.
• 183 Madison Avenue 19-story, 274,413 square foot Art Deco office property (Madison-Belmont Building) located at Madison Avenue and 34th Street in Manhattan with 94% occupancy rate.
• 55 West 125th Street 232,000 square foot commercial office building in Harlem's commercial business district, featuring $10 million capital improvements and 100% occupancy with tenants including federal governmental agencies.
• 215 West 125th Street 164,000 square foot commercial office building in Harlem near the Apollo Theater with $9 million in capital and tenant improvements and near 100% occupancy.
• Eleven80 317-unit luxury residential tower at 1180 Raymond Boulevard in Newark, NJ - the first new market rate residential property in Newark's Central Business District in over 40 years, recipient of Urban Land Institute's 2008 Award for Excellence.
• 2130 Adam Clayton Powell Jr. Boulevard 46-unit market rate cooperative apartment building in Harlem featuring 7 stories of studio to three-bedroom residences with doorman, fitness center, and ground floor retail.
• 60 Broad Street One million square foot Class A office tower in New York City's Financial District steps from the New York Stock Exchange, managed and leased by Cogswell with high occupancy levels.

Quantifiable outcome

• Over $750 million in real estate acquired since 1996
• +5 more outcomes

Named customers9 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

Partnerships

Five partnerships are on record, tiered core and minor.

• Gluck+ ArchitectscoreStrategic or Co-development PartnerArchitecture firm partnership for residential development projects. Collaborated on 150 Rivington Street (45 luxury residences in Lower East Side) and 345 Carroll Street (32 homes in Carroll Gardens). Gluck+ Architects provides design services for Cogswell Lee Development projects.
• Tishman SpeyercoreStrategic or Co-development PartnerJoint venture partner for 183 Madison Avenue acquisition in September 2014 - the first acquisition under the Cogswell Lee Development brand. Cogswell underwrote and structured the deal, attracting Tishman Speyer as capital partner.
• Sterling EquitiescoreStrategic or Co-development PartnerDevelopment partner for 345 Carroll Street project in Brooklyn. Cogswell sourced and structured acquisition; Sterling Equities co-invested alongside a private equity real estate fund.
• Lee & Associates NYCcoreChannel Partner/ Reseller/ DistributorCommercial real estate brokerage firm that sourced the off-market 150 Rivington Street acquisition opportunity for Cogswell Lee Development.
• KeyspanminorOthersUtility company that jointly constructed a $3 million fiber optic connection with Cogswell partnership for Long Island Business and Technology Center.

Scale indicators9 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Rudin Management Company: NYC real estate owner, developer, and operator with multi-generational portfolio. Rudin is a Cogswell JV partner (Long Island Business and Technology Center) and a direct peer in Harlem and broader Manhattan value-add office and residential.
• Taconic Investment Partners: NYC-focused real estate investment and development firm pursuing value-add office and multifamily repositioning. Directly comparable on deal size, NYC submarket focus, and institutional co-investment model, though slightly larger in AUM.
• Tishman Speyer: Global real estate owner, developer, and investor with deep NYC focus. Tishman Speyer is both a Cogswell joint venture partner (183 Madison Avenue) and a direct competitor on NYC value-add acquisitions and developments, with a comparable institutional LP base.
• Rockrose Development Corporation: NYC-focused residential and commercial developer where Partner Ross L. Jacobs previously led acquisitions for 12 years. Operates the same integrated acquisition-development-management model in Manhattan, with similar asset size and value-add strategy.

Others

• Lee & Associates NYC: NYC commercial real estate brokerage firm and Cogswell channel partner (sourced 150 Rivington). Functions both as an off-market deal sourcing intermediary and as a leasing agent — closely intertwined with Cogswell's GTM motion even where not a direct capital competitor.

Broad incumbents

• Brookfield Asset Management: Global alternative asset manager with large NYC real estate operations across office, multifamily, and mixed-use. Comparable on institutional capital deployment into NYC value-add and development, though with vastly larger fund vehicles and broader geography.
• Vornado Realty Trust: NYC-focused REIT with substantial Manhattan office and retail portfolio. Comparable on trophy office asset acquisition and leasing (60 Broad Street competitive set), though with public capital structure and broader asset diversification.
• The Durst Organization: Family-owned NYC real estate owner and developer with a vertically integrated platform spanning office, residential, and retail. Comparable on integrated development-to-management model and NYC institutional relationships, with larger asset base and longer operating history.
• SL Green Realty Corp. Largest NYC-focused office landlord and developer. Directly comparable on Manhattan office acquisition, repositioning, and leasing strategy (60 Broad Street, 183 Madison Avenue asset class), though operating as a public REIT at much larger scale.
• The Related Companies: One of the largest US real estate developers with significant NYC exposure across affordable, market-rate, office, and mixed-use. Comparable institutional capital relationships and value-add repositioning capability, but at vastly larger scale and broader geography.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries3 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 Cogswell Realty