What Green Property does

Green Property LLC is a privately held, family-owned real estate investment, development, and management company with operating lineage dating to the 1980s. The firm invests in, develops, and self-manages a portfolio of residential and mixed-use properties concentrated in Hudson County, New Jersey — Jersey City, Weehawken, Union City, and Hoboken — with an emerging footprint in Long Island City and Brooklyn, NY. Its stated specialization is adaptive reuse, historic renovation, and LEED-certified construction in urban environments, with several properties involving the conversion of landmarked 19th- and early-20th-century industrial structures (e.g., the R.H.H. Steel Laundry building, the Whitlock Cordage Manufacturing Complex, an 1864 textile mill).

The current portfolio includes seven named income-producing assets: Laidlaw Lofts (adaptive reuse loft conversion), Lafayette Lofts (landmarked loft property), The Simone (50 luxury units), 2130 JFK (20-unit elevator building), 231WHK (60 units pursuing LEED Gold), 1415 Manhattan (LEED-certified residential), and The Sterling (155,000 SF commercial/industrial conversion). A separately disclosed development pipeline adds four future projects totaling more than 330 residential units and additional commercial space across Jersey City, Hoboken, Long Island City, and Brooklyn. The firm uses individual property websites and direct inquiry funnels as its primary tenant acquisition channels, rather than third-party listing platforms.

Green Property generates revenue through recurring monthly rental income from residential apartment units and from commercial/industrial rents at mixed-use assets. The company has no disclosed external investors, parent company, or institutional capital partners; it builds and holds assets for its own account, and there is no evidence of fundraising, M&A activity, or public-market signaling in the source data.

Name

Green Property

Legal name

Green Property LLC

Website

https://greenpropertyllc.com

Company type

Private

Operating status

Operating

Ownership category

akta.pro rank

Product category

Real Estate Development & Property Management

NAICS

Residential Property Managers (531311), Lessors of Nonresidential Buildings (except Miniwarehouses) (531120), Residential Remodelers (236118), Rental and Leasing Services (532)

SIC

Real Estate (6500), Operators Of Apartment Buildings (6513), Operators Of Nonresidential Buildings (6512), Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

Residential Green / High-Performance Home Construction (Net-Zero, Passive House) (IMAFABAH)

akta.pro secondary industry

Urban Renewal, Brownfield Redevelopment & Land Reuse (BPAIANAI)

Keywords

• Adaptive reuse development
• Historic building renovation
• Residential property management
• LEED certified buildings
• Urban real estate investment

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Marketing or Sales, Others

Revenue model

1. Residential Rental Income: Monthly rental revenue from residential apartment units across multiple properties in New Jersey and New York markets.
2. Commercial/Retail Rental Income: Rental revenue from retail and commercial units within mixed-use properties, including spaces at 231WHK, future projects with retail components.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Green Property LLC invests in, develops, and manages a portfolio of residential rental apartment buildings and commercial properties in Hudson County, NJ and Queens, NY. The company specializes in adaptive reuse and historic renovation of landmarked industrial structures into LEED-certified modern lofts, luxury apartments, and commercial/industrial space. Properties are held long-term and leased directly to tenants rather than sold.

Product overview

Green Property LLC is a family-owned real estate investment, development, and management company offering a portfolio of residential and commercial properties across Hudson County, NJ and Queens, NY. The portfolio includes adaptive reuse loft conversions (Laidlaw Lofts, Lafayette Lofts), luxury apartment buildings (The Simone, 2130 JFK, 231WHK, 1415 Manhattan), and commercial/industrial conversions (The Sterling). The company also maintains a pipeline of future projects throughout the New York/New Jersey region.

Differentiator

Problem solved

Functional benefit

Products and services

• Laidlaw Lofts Adaptive reuse residential property at 66 Laidlaw Avenue, Jersey City, featuring high-end modern lofts converted from the historic R.H.H. Steel Laundry building with red oak hardwood flooring, panoramic Manhattan views, and a parking garage. Targeted at residential tenants seeking modern loft living near Manhattan transit.
• Lafayette Lofts Historic loft property at 170 Lafayette Street, Jersey City, within the Whitlock Cordage Manufacturing Complex, featuring exposed masonry walls, concrete ceilings, lofted units with mezzanines, and landmarked status. Targeted at residential tenants seeking character-rich loft living.
• The Simone
• 2130 JFK
• 231WHK
• 1415 Manhattan
• The Sterling

Quantifiable outcome

• LEED Gold certification sought for 231WHK building
• +1 more outcomes

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• LCOR: Northeast-focused multifamily developer with a Hudson County/Manhattan pipeline; comparable scale, renter demographics, and urban transit-oriented product.
• Veris Residential: Public multifamily REIT focused exclusively on Hudson County, NJ (Jersey City, Hoboken, Bayonne), directly overlapping Green Property's primary operating geography and renter demographic.
• Ironstate Development: Hoboken/Jersey City-based developer of large-scale mixed-use and multifamily residential projects, including The Shipyard in Hoboken, with directly comparable urban NJ waterfront product.
• BRP Companies: NYC-headquartered multifamily and mixed-income developer active in Manhattan, Brooklyn and NJ with both market-rate and affordable housing; comparable development pipeline and urban renter focus.
• Two Trees Management: Brooklyn-based developer specializing in adaptive reuse and large mixed-use waterfront projects (Domino Sugar Factory), directly comparable to Green Property's adaptive-reuse playbook in NYC.

Broad incumbents

• AvalonBay Communities: Public multifamily REIT with significant New Jersey and NYC metro portfolio; competes for the same transit-oriented urban renter as Green Property though at national scale.
• Toll Brothers Apartment Living: Multifamily development arm of national homebuilder with urban mid- and high-rise projects across NJ and the NYC metro; comparable product type but at materially greater scale.
• LeFrak: One of the largest family-owned NJ/NY residential landlords and developers, with deep Hudson County exposure; broader portfolio but the closest large-scale analogue to Green Property's family-owned, build-and-hold model.
• Kushner Companies: Major NJ/NY real estate developer and landlord with a large multifamily and mixed-use portfolio across Jersey City and Manhattan; broader scale than Green Property but directly competes in the same submarket.

Regional players

• Hoboken Brownstone Company: Hoboken-based developer and owner of residential and mixed-use properties in Hudson County; small-scale, family-style operator with directly comparable urban NJ geography and tenant base.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

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 Green Property