Edison Properties
Edison Properties is a privately held, family-owned real estate firm founded in 1956 that owns and oversees a diversified portfolio of parking, self-storage, office, residential, coworking, and mixed-use properties across the New York/New Jersey market, with day-to-day operations delegated to third-party managers.
- Company typePrivate
- Founded1956
- HeadquartersNewark, United States
- Headcount501–1,000
- GTM typeB2B and B2C
- OfferingServices
Edison Properties firmographics
Firmographics- Name
- Edison Properties
- Legal name
- Edison Properties, LLC
- Website
- https://edisonproperties.com
- Company type
- Private
- Founded year
- 1956
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Edison Properties is a privately held, family-owned real estate firm founded in 1956 that owns and oversees a diversified portfolio of parking, self-storage, office, residential, coworking, and mixed-use properties across the New York/New Jersey market, with day-to-day operations delegated to third-party managers.
- Ownership category
- akta.pro rank
Where Edison Properties is headquartered
LocationHeadquarters
- HQ city
- Newark
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Edison Properties business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Infrastructure, Operations, Personnel, Supply Chain, Others
Revenue model
- Real Estate Ownership and Asset Management: Edison Properties generates revenue through long-term ownership and strategic oversight of a diversified real estate portfolio including parking facilities (Edison ParkFast), storage (Manhattan Mini Storage), office spaces, residential properties, coworking spaces (Ironside Newark), and mixed-use developments.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels1 record
Edison Properties product offering
Product offeringCore offering
Edison Properties is a privately held real estate ownership and asset management company that holds, oversees, and strategically manages a diversified portfolio of real estate-related assets. The portfolio includes parking facilities (Edison ParkFast with 35 locations in New York and New Jersey), self-storage (Manhattan Mini Storage), office, residential, coworking (Ironside Newark), and mixed-use properties (Hippodrome NYC, ElevatedNY, The Ludlow). Day-to-day operations are executed by experienced third-party managers and operating partners, while Edison focuses on long-term ownership, stewardship, and value creation.
Product overview
Edison Properties operates as a diversified real estate ownership and asset management company with a portfolio of distinct property brands. The core parking operations are led by Edison ParkFast, which manages 35 parking locations across New York and New Jersey under third-party management. The portfolio also includes Manhattan Mini Storage, along with additional property brands such as Hippodrome NYC, Ironside Newark, ElevatedNY, and The LudLOW. The company functions as a long-term owner and steward, with day-to-day operations carried out by experienced operating partners and third-party managers.
Differentiator
Problem solved
Functional benefit
Brands
- Edison ParkFast: Premier parking company serving Greater New York with 35 locations in New York and New Jersey.
- Hippodrome NYC
- Ironside Newark
- ElevatedNY
- The Ludlow
Products and services
- Edison ParkFast Parking lot and garage brand serving the Greater New York area with 35 locations across New York and New Jersey, operated by third-party managers including LAZ Parking. Provides parking services to both consumer and commercial users.
- Manhattan Mini Storage Self-storage brand in Manhattan created by Edison Properties as part of its broader real estate portfolio expansion beyond parking. Serves consumers and businesses needing storage space.
- Hippodrome NYC New York City property brand within the Edison Properties portfolio, managed by third-party operators.
- Ironside Newark Newark-based coworking and mixed-use property brand within the Edison Properties portfolio, managed by third-party operators.
- ElevatedNY New York property brand within the Edison Properties portfolio, managed by third-party operators.
- The Ludlow New York City property brand within the Edison Properties portfolio, managed by third-party operators.
Companies that use Edison Properties
Customer profileSegments2 records
Ideal customer profiles2 records
Edison Properties technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
Edison Properties partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- LAZ ParkingcoreLAZ Parking has been awarded a contract to manage parking services for Edison Properties' Edison ParkFast brand. The contract covers 35 locations in New York and New Jersey, including a range of management services and plans for technology upgrades. This represents a significant expansion for LAZ in the Greater New York region.
Scale indicators2 records
Recent moves5 records
Expansion highlights4 records
Edison Properties competitors and assessment
Company assessmentDirect peers
- Extra Space Storage: Large self-storage REIT with nationwide urban presence including NYC/NJ. Comparable as a competing owner/operator of self-storage assets in the same regional markets Edison serves.
- Vornado Realty Trust: NYC-focused REIT owning and operating office, retail, and signage properties in Manhattan. Highly comparable given Edison's Manhattan office, mixed-use, and concentrated NYC/NJ real estate ownership model.
- Veris Residential (formerly Mack-Cali Realty): NJ-based REIT with multifamily and office properties across New Jersey. Highly comparable as a long-standing New Jersey-headquartered owner of residential and office real estate in the same regional footprint as Edison.
- The Durst Organization: Privately held, family-owned NYC real estate owner-operator with a diversified portfolio of office, residential, and mixed-use properties. Closely comparable to Edison's privately held, diversified, long-term NYC ownership model.
- Glenwood Management: Privately held NYC residential rental owner-operator. Comparable through Edison's residential holdings in New York and the shared long-term, family-controlled ownership philosophy.
- SL Green Realty: Manhattan's largest office landlord. Directly comparable as a long-term owner-operator of NYC commercial real estate, including office and mixed-use assets in the same submarkets as Edison.
- Icon Parking: Major New York City parking operator and owner. Direct competitor to Edison ParkFast's 35-location NY/NJ parking portfolio and operates in the same urban submarkets.
- CubeSmart: Self-storage REIT with significant New York metro and New Jersey density. Directly comparable through Edison's Manhattan Mini Storage and broader self-storage interest in the same geography.
Broad incumbents
- Public Storage: Largest self-storage REIT globally. Competes in the same self-storage vertical as Manhattan Mini Storage but at a vastly larger, publicly traded scale.
- Tishman Speyer: Global diversified real estate owner, developer, and operator with major NYC office and mixed-use presence. Comparable as a large-scale owner of diversified urban real estate assets in the same NYC footprint.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Edison Properties social profiles
Digital presenceEdison Properties financial estimates
Financial estimateRevenue estimate
Valuation estimate
Edison Properties leadership team
Management profileNumber of profiles
Profiles2 records
Edison Properties funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Edison Properties 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 Edison Properties
What does Edison Properties do?
Edison Properties is a privately held real estate ownership and asset management company that holds, oversees, and strategically manages a diversified portfolio of real estate-related assets. The portfolio includes parking facilities (Edison ParkFast with 35 locations in New York and New Jersey), self-storage (Manhattan Mini Storage), office, residential, coworking (Ironside Newark), and mixed-use properties (Hippodrome NYC, ElevatedNY, The Ludlow). Day-to-day operations are executed by experienced third-party managers and operating partners, while Edison focuses on long-term ownership, stewardship, and value creation.
Is Edison Properties a public or private company?
Edison Properties is a private company. It is classified as family owned and is currently operating.
When was Edison Properties founded?
Edison Properties was founded in 1956. It employs 501 to 1,000 people.
Where is Edison Properties based?
Edison Properties is headquartered in Newark, United States, in the North America region.
How does Edison Properties make money?
One revenue line is on record: real Estate Ownership and Asset Management.
Who are Edison Properties's main competitors?
Direct peers on record are Extra Space Storage, Vornado Realty Trust, Veris Residential (formerly Mack-Cali Realty), The Durst Organization, Glenwood Management, SL Green Realty, Icon Parking and CubeSmart. Broad incumbents are Public Storage and Tishman Speyer.
Does Edison Properties have an API?
No public API is recorded for Edison Properties.