What Triangle Equities does

Triangle Equities is a privately held, full-service New York City real estate development firm founded in 1986 and headquartered in Whitestone, Queens. The company develops, owns, and operates a diversified portfolio of mixed-use, residential, retail, industrial, and affordable housing projects concentrated in NYC's outer boroughs (Brooklyn, Queens, the Bronx, Staten Island) and North Jersey. Its strategy emphasizes transit-oriented development, public-private partnerships with agencies such as NYC EDC and NJ Housing & Finance Agency, and the deployment of complex financing stacks including New Markets Tax Credits, Low-Income Housing Tax Credits, and Opportunity Zone incentives. The firm positions itself as a developer that embraces "complexity" in overlooked and underperforming urban markets, working hand-in-hand with political and civic leaders to deliver projects other developers avoid.

The company's portfolio spans more than a dozen active and recently completed assets, including the 290,000-square-foot Triangle Junction retail center (Target-anchored, serving 1.2 million people within a 3-mile radius), the $200+ million Lighthouse Point waterfront development on Staten Island (featuring a 175-room Westin hotel with Starwood), the 300,000-square-foot Terminal Logistics Center near JFK (the East Coast's first vertical air-cargo facility), the 88,000-square-foot LEED Silver Triangle Plaza Hub in the South Bronx, and the Passive House-designed Beach Green Dunes affordable housing in Edgemere. Largest in scale is Arverne East, a $1 billion, 116-acre net-zero community with 1,656 mixed-income homes on the Rockaway Peninsula, co-developed with L+M Development Partners and The Bluestone Organization. Other notable assets include The Crossings at Brick Church Station (a transit-oriented redevelopment in East Orange, NJ, scaling toward approximately 1,000 apartments), the 227-unit luxury Maxwell tower in Downtown Brooklyn, and the 80-unit Kensington Estates 55+ community on Long Island.

Triangle Equities operates three integrated business lines: Real Estate Development (project identification, acquisition, entitlement, and construction), Asset Management (investor-operator oversight across the investment lifecycle), and Property Management (tenant, contractor, and vendor relationships from an ownership perspective). Revenue mechanics span developer fees on multi-hundred-million-dollar projects, equity participation in owned assets, and recurring management fees across a stabilized portfolio. The firm finances projects through a diversified capital base that includes Goldman Sachs Urban Investment Group as a recurring partner, plus institutional joint-venture equity from Incline Capital, GTIS Partners, Basis Investment Group, and Lubert-Adler, alongside construction and permanent debt from CIT, Centennial Bank, Citizens Bank, PNC, and Bank OZK. Distribution to end users is direct: retail leasing to national tenants, residential sales through brokers such as Daniel Gale Sotheby's International Realty, affordable housing via NYC housing lotteries, and commercial leasing for healthcare, coworking, and logistics operators.

Name

Triangle Equities

Legal name

Triangle Equities, Inc.

Website

https://triangleequities.com

Company type

Private

Founded year

1986

Operating status

Operating

Headcount range

11–50 employees

Short description

Triangle Equities is a privately held, full-service NYC real estate developer founded in 1986 that develops, owns, and operates mixed-use, residential, retail, industrial, and affordable housing projects across NYC's outer boroughs and North Jersey, emphasizing transit-oriented development and public-private partnerships.

Ownership category

akta.pro rank

Headquarters

HQ city

Whitestone

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Real Estate Development: Triangle Equities develops, owns, and operates premier properties that enhance communities. The firm identifies and pursues underutilized and underperforming real estate, developing to achieve the highest and best use.
2. Asset Management: As investor-operators, the firm combines development expertise with local insights to identify and capture opportunities throughout an investment's lifecycle, maximizing results for partners.
3. Property Management: The firm manages properties from an ownership perspective, focusing on building and maintaining sound relationships with tenants, contractors, and vendors.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels3 records

Core offering

Triangle Equities is a full-service New York-based real estate firm that identifies and pursues underutilized and underperforming real estate and develops it to its highest and best use. The firm operates three integrated lines: Real Estate Development (mixed-use, residential, retail, industrial, and affordable housing projects), Asset Management (investor-operator oversight across an investment's lifecycle), and Property Management (owner-perspective tenant and vendor relationships).

Product overview

Triangle Equities is a full-service New York-based real estate development firm that develops, owns, and operates premier properties across the outer boroughs of NYC and surrounding areas. The company operates a portfolio of distinct real estate products organized by property type: retail developments (Triangle Junction), mixed-use urban projects (Lighthouse Point, Triangle Plaza Hub, The Crossings at Brick Church), residential communities (Kensington Estates, The Maxwell), industrial facilities (Terminal Logistics Center), and sustainable affordable housing (Beach Green Dunes, Arverne East). The firm also provides asset management and property management services alongside its development activities.

Differentiator

Problem solved

Functional benefit

Products and services

• Triangle Junction A 290,000-square-foot Target-anchored shopping center developed through a public-private partnership with the NYC Economic Development Corporation at the junction of Flatbush and Nostrand Avenues in Brooklyn, serving a densely populated neighborhood with 1.2 million people within a 3-mile radius. Tenants include Target, Aldi, HomeGoods, Applebee's, AT&T, and Diamond Braces.
• Kensington Estates An 80-unit luxury gated townhome community for adults 55 and over in Woodbury, NY, featuring over 6 acres of green open space and premium amenities including a clubhouse, outdoor pool, tennis court, and fitness center. Developed with GTIS Partners joint-venture equity and Bank OZK construction financing.
• Tesla Queens (30-02 Whitestone Expressway) Redevelopment of a former multi-level retail building into a 175,000-square-foot Tesla sales, service, and delivery center at 30-02 Whitestone Expressway in Queens, featuring second-floor vehicle access and 800 parking spaces. Financing provided by Centennial Bank.
• The Crossings at Brick Church Station A multi-phase transit-oriented redevelopment in East Orange, NJ adjacent to NJ Transit's Brick Church Station. Phase 1A features 400 multifamily homes and 85,000 square feet of community-serving commercial space (85% pre-leased with ShopRite as anchor tenant), with future phases planned to deliver approximately 1,000 homes total. Co-developed with Incline Capital and Goldman Sachs Urban Investment Group.

Quantifiable outcome

• Delivered 1,000+ residential units across multiple projects including 400 at Crossings at Brick Church, 80 at Kensington Estates, 115+ at Lighthouse Point
• +4 more outcomes

Named customers15 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Nine partnerships are on record, tiered core and minor.

• Starwood Hotels & ResortscoreStrategic or Co-development Partner · 12 September 2016Starwood Hotels partnered with Triangle Equities to develop a 175-room Westin hotel as part of the Lighthouse Point development on Staten Island's North Shore.
• Incline CapitalcoreStrategic or Co-development PartnerCo-developer partner with Triangle Equities on The Crossings at Brick Church Station, a major transit-oriented redevelopment in East Orange, NJ.
• L+M Development PartnerscoreStrategic or Co-development PartnerL+M Development Partners co-developed Arverne East, a $1 billion net-zero community on the Rockaway Peninsula, and Beach Green Dunes projects.
• The Bluestone OrganizationcoreStrategic or Co-development PartnerThe Bluestone Organization partnered with Triangle Equities on affordable housing developments including Beach Green Dunes I, II, and III in Far Rockaway.
• NYC Economic Development Corporation (EDC)coreStrategic or Co-development PartnerNYC EDC ran the RFP process selecting Triangle Equities to develop Triangle Junction commercial center near Brooklyn College.
• The Michaels OrganizationcoreStrategic or Co-development PartnerThe Michaels Organization co-developed The Maxwell at 111 Willoughby Street in Downtown Brooklyn with Triangle Equities and Geolo Capital.
• Spaces (IWG)minorChannel Partner/ Reseller/ DistributorIWG's Spaces co-working brand leased 26,000 SF at Lighthouse Point for their first Staten Island location.
• Russo DevelopmentminorStrategic or Co-development PartnerRusso Development partnered on the Ora luxury residential community in Hackensack, NJ - a separate project mentioned alongside Triangle's Crossings at Brick Church.
• The Hampshire CompaniesminorStrategic or Co-development PartnerThe Hampshire Companies led development of the Ora community in Hackensack, NJ alongside Russo Development - mentioned in context of NJ residential market.

Scale indicators21 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• The Durst Organization: Major privately held NYC real estate developer known for sustainability leadership (e.g., One Bryant Park, Bjarke Ingels towers). Comparable focus on sustainable, large-scale urban development though at significantly larger scale and higher asset classes.
• Related Companies: One of the largest US developers of affordable and mixed-income housing (15,000+ units in pipeline via Related Affordable). Operates Hudson Yards and other major NYC developments at much larger scale; competes for similar NYC EDC RFPs and TOD opportunities.

Direct peers

• LCOR: NYC/NJ-based real estate developer focused on transit-oriented, mixed-use, and multifamily developments in the Northeast. Comparable emphasis on TOD and complex public-private partnerships in the NY metro region.
• Incline Capital: Real estate investment and development firm that partnered with Triangle on The Crossings at Brick Church Station. Similar focus on NJ transit-oriented and mixed-use developments with JV equity structures.
• Geolo Capital: Real estate private equity firm that partnered with Triangle and The Michaels Organization on The Maxwell in Downtown Brooklyn. Comparable NYC multifamily/luxury residential JV equity partnerships.
• Taconic Investment Partners: NYC-focused real estate developer and investor active in mixed-use, multifamily, and office-to-residential conversions. Comparable NYC outer-borough focus and project scale to Triangle's mixed-use portfolio.
• L+M Development Partners: NYC-based affordable housing and mixed-use developer that co-developed Arverne East and Beach Green Dunes with Triangle Equities. Both firms focus on NYC outer-borough affordable housing, public-private partnerships, and LIHTC-financed projects.
• The Michaels Organization: Nation's largest private-sector affordable housing developer; co-developed The Maxwell at 111 Willoughby with Triangle Equities and Geolo Capital. Comparable in producing mixed-income, multifamily, and mixed-use developments in urban transit-oriented markets.
• The Bluestone Organization: NYC affordable housing and supportive housing developer that co-developed Arverne East and Beach Green Dunes with Triangle. Both firms share a focus on sustainable, Passive House-certified affordable housing in NYC's outer boroughs.
• BRP Companies: NYC-based multifamily and mixed-income housing developer focused on affordable and market-rate housing across NYC. Comparable scale, geography, and product mix (mixed-use, mixed-income, transit-adjacent).

Market position

Strengths5 records

Weaknesses3 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/triangle-equities-group-inc
• Xx.com/trianglequities

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds1 record

Investors2 records

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 Triangle Equities