Grid Properties

What Grid Properties does

Grid Properties is a privately held, New York-based real estate development firm that operates as developer, owner, operator, and advisor. Founded under family ownership that has continued for more than 35 years, the firm generates revenue through three streams: principal equity investments in development projects (with $500M+ of self-funded equity across assets), comprehensive advisory services spanning the full development cycle (site selection, feasibility, environmental remediation, transaction structuring, land use approvals, project financing, design oversight, and construction management), and development management services. Retail and entertainment development is executed through Urban Strategic Partners, a long-standing joint venture with Gotham Organization (under family ownership for 80+ years), with Gotham Construction serving as integrated general contractor across projects.

The firm's portfolio centers on pedestrian- and transit-oriented retail and entertainment destinations in underserved urban markets, including Harlem USA (285,000 sq ft, Manhattan, opened 2000), DC USA (890,000 sq ft, Washington DC, opened 2008), One-2-Five LIVE (30,000 sq ft, Harlem, 2013), Boulevard (230,000 sq ft, Westchester), and Baychester Square (395,000 sq ft, Bronx). Notable design collaborations include Skidmore Owings and Merrill (Harlem USA), BLT Architects (Baychester Square, Boulevard, One-2-Five LIVE), and Italian design house Pininfarina for international projects.

The firm serves corporations, financial institutions, not-for-profit organizations (educational, cultural, health care, community service), and private investors. Customer concentration is anchored by national retail tenants (Target, Best Buy, Bed Bath & Beyond, JPMorgan Chase, TD Bank, AMC, Old Navy) serving as project anchors, with Tissoli as the most recent international development management client for the AED 1.2bn Palazzo Tissoli luxury residential project in the UAE — representing the firm's expansion into the Middle East and into branded high-design residential development, targeting completion by Q2-2028. The firm has no disclosed AI/ML capabilities and no venture funding, operating with a small headcount of 11-50 employees.

Name

Grid Properties

Legal name

Grid Properties Inc.

Website

https://gridproperties.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

11–50 employees

Short description

Grid Properties is a privately held, New York-based real estate development firm operating as developer, owner, and advisor through its Urban Strategic Partners joint venture with Gotham Organization. It develops pedestrian-oriented retail and entertainment destinations in underserved urban markets and provides advisory and development management services to institutional investors, not-for-profits, and private clients, with a recent international expansion into UAE luxury residential development.

Ownership category

akta.pro rank

Product category

Real Estate Development Services

NAICS

Real Estate Property Managers (53131), Management of Companies and Enterprises (5511)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Operators Of Nonresidential Buildings (6512), Real Estate Agents & Managers (For Others) (6531)

akta.pro industry

PRIMARYFSAEAJAD

Land Brokerage (Raw Land & Development Sites)

Financial & Insurance/Financial Advisory, Brokerage & Intermediation/Real Estate Advisory & Brokerage

SECONDARYBPAJABAG

Land & Development Site Brokerage

Business & Public Services/Real Estate Services (Brokerage, Property Management)/Commercial Real Estate Brokerage

Keywords

• Real estate development
• Development advisory services
• Project management
• Retail development
• Mixed-use development

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Principal Equity Investments: Grid Properties invests its own equity in real estate development projects through joint ventures and direct ownership. The company has internally funded 100% of equity for assets valued in excess of $500 million.
2. Advisory Services: Grid Properties provides comprehensive real estate development advisory services to select clients including institutional investors, private owners, retailers, and not-for-profit organizations. Services span the entire development cycle from site selection through project completion.
3. Development Management Services: Grid Properties delivers project management capabilities enabling clients to successfully complete complex construction and development projects while controlling quality, cost, and schedule. Also acts as construction manager or general contractor on projects through Gotham Construction.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

Grid Properties provides comprehensive real estate development advisory and development management services to institutional investors, private owners, retailers, and not-for-profit organizations, spanning the entire development cycle from site selection through project completion. The firm also develops, owns, and operates large-scale pedestrian- and transit-oriented retail and entertainment destinations through its Urban Strategic Partners joint venture with Gotham Organization.

Product overview

Grid Properties is a real estate developer, owner, and operator of retail assets, functioning through Urban Strategic Partners (its joint venture with Gotham Organization) for retail projects. The company offers advisory and development management services spanning the entire development cycle. Their portfolio includes major retail projects: Harlem USA (Manhattan), DC USA (Washington DC), One-2-Five LIVE (Harlem), Boulevard (Westchester), and Baychester Square (Bronx).

Differentiator

Problem solved

Functional benefit

Products and services

• Advisory Services Full range of real estate development advisory services provided to a select group of clients including institutional investors, private owners, retailers, and not-for-profit organizations. Services span the entire development cycle including planning coordination, environmental remediation, transaction structuring, land use approvals, project financing, and design/construction oversight.
• Development Management Services Project management capabilities enabling clients to successfully complete complex construction and development projects while controlling quality, cost, and schedule. Includes acting as construction manager or general contractor on projects through Gotham Construction.
• Urban Strategic Partners A joint venture between Grid Properties and Gotham Organization focused on developing high-quality retail and entertainment destinations in historically and culturally significant underserved urban locations.
• Harlem USA A 285,000 square foot, six-level retail and entertainment complex in Manhattan, acclaimed as a model for urban retail development with transparent pedestrian-oriented design, anchored by nine-screen Magic Johnson Theaters operated by AMC.
• DC USA The largest retail development in the District of Columbia, a 890,000 square foot, $145 million complex located in Columbia Heights, featuring Target, Best Buy, and other national retail tenants.
• One-2-Five LIVE A three-level infill project completed in 2013 adjacent to the Apollo Theater in Harlem, with 30,000 square feet of retail space, anchored by Harlem's first Red Lobster and Banana Republic Factory Store.
• Boulevard An outdoor lifestyle pedestrian-focused destination in Westchester County, New York, with 230,000 square feet of retail space offering shopping, dining, and exercise experience.
• Baychester Square A retail destination in the Bronx, New York, spanning approximately 395,000 square feet on 12 acres with pedestrian-focused shopping and dining in an outdoor lifestyle setting, pursuing LEED certification.
• Palazzo Tissoli Strategic Development Management Strategic Development Management services for the AED 1.2 billion Palazzo Tissoli luxury residential development on Al Marjan Island in Ras Al Khaimah, UAE. First residential development in Ras Al Khaimah designed by Italian design house Pininfarina.

Quantifiable outcome

• Urban Strategic Partners assets valued in excess of $500 million with another $500 million of projects underway
• +2 more outcomes

Named customers14 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

Seven partnerships are on record, tiered core, preferred and key.

• TissolicoreStrategic or Co-development Partner · 20 February 2026Grid Properties appointed as Strategic Development Manager for Tissoli's AED 1.2 billion Palazzo Tissoli luxury residential development on Al Marjan Island in Ras Al Khaimah, UAE. This is the first residential development in Ras Al Khaimah designed by Italian design house Pininfarina, targeting completion by Q2-2028.
• Gotham Organization, Inc.coreStrategic or Co-development PartnerUrban Strategic Partners is a joint venture between Grid Properties and Gotham Organization, creating significant value by developing high quality retail and entertainment destinations. Gotham has been under family ownership for more than 80 years. Gotham Construction, a subsidiary, serves as general contractor or construction manager on all projects. Joel Picket serves as Chairman and CEO of Gotham Organization.
• BLT ArchitectspreferredTechnology or IntegrationBLT Architects serves as the design firm for several Grid Properties projects including Baychester Square, Boulevard, and One-2-Five LIVE. Baychester Square seeks LEED certification.
• Skidmore Owings and MerrillpreferredTechnology or IntegrationSkidmore Owings and Merrill (SOM) designed Harlem USA, the critically acclaimed six-level retail and entertainment complex in Manhattan.
• Development Corporation of Columbia HeightskeyStrategic or Co-development PartnerCommunity-based partner for DC USA retail development in Columbia Heights, Washington D.C.
• Harlem Commonwealth CouncilkeyStrategic or Co-development PartnerNot-for-profit partner for Harlem USA and ground lessor for One-2-Five LIVE project. Represents community involvement in developments.
• PininfarinapreferredTechnology or IntegrationItalian design house Pininfarina designed Palazzo Tissoli luxury residential development in Ras Al Khaimah - the first residential development in the region designed by Pininfarina.

Scale indicators10 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• The Gotham Organization: Gotham is Grid's JV partner in Urban Strategic Partners and serves as general contractor on all Grid projects (via Gotham Construction). A fourth-generation NYC real estate firm (80+ years), Gotham's development, ownership, and construction activities directly overlap with Grid's integrated development platform.
• Extell Development Company: NYC luxury real estate developer (One57, Central Park Tower). Comparable as a privately-held NYC developer focused on high-design, large-footprint urban projects with strong design-firm partnerships and a track record of precedent-setting development.
• Two Trees Management: Brooklyn-based mixed-use real estate developer (Domino Sugar Factory, Industry City). Comparable as a mission-driven urban developer focused on revitalizing underserved NYC neighborhoods through pedestrian-oriented, design-forward mixed-use projects — overlapping directly with Grid's Harlem USA / Columbia Heights thesis.
• The Durst Organization: Family-owned NYC real estate developer (One Bryant Park, Bank of America Tower) with multi-generational ownership. Comparable as a long-tenured, privately-held NYC developer pursuing large-scale, sustainability-focused mixed-use and commercial projects with deep institutional relationships.
• Taconic Investment Partners: NYC-focused real estate investment and development firm operating across office, multifamily, and mixed-use assets. Comparable as a mid-sized NYC real estate operator executing value-add and development strategies with institutional capital partners.

Broad incumbents

• Forest City Realty Trust (Brookfield): Large-scale national mixed-use developer (acquired by Brookfield 2018). Comparable as an institutional urban mixed-use developer executing multi-million sqft retail-anchored projects with public-private partnership expertise — broader scale and capital base than Grid but overlapping product and methodology.
• Tishman Speyer: Global real estate developer and investor (Rockefeller Center, 45 Rockefeller Plaza). Comparable as a multi-decade institutional real estate developer with expertise in complex urban mixed-use projects and international capital deployment — overlaps with Grid's advisory and development management positioning.
• JLL (Jones Lang LaSalle): Global real estate advisory and management firm with deep development advisory, capital markets, and project management services. Comparable to Grid's advisory arm which provides full-cycle development services to institutional investors — same client base and service offering at vastly larger scale.
• Related Companies: National mixed-use and affordable housing developer (Hudson Yards, Columbia Manhattanville). Comparable as a large-scale developer with public-private partnership expertise in urban revitalization and mixed-use projects — same strategic playbook as Grid but with vastly greater scale and capital access.

Emerging players

• Magnusson Architecture and Planning: NYC-based architecture and planning firm specializing in urban infill, mixed-use, and affordable housing projects. Comparable as a smaller-scale urban design and development firm working on similar pedestrian-oriented NYC projects with institutional and not-for-profit clients.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/grid-properties-inc.

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries1 record

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 Grid Properties