Founded in 1901, the LeFrak Organization owns an extensive portfolio of real property concentrated in the New York, Los Angeles, and London metropolitan areas. The company focuses primarily on the residential and office sectors and also owns significant hotel and retail assets.
Recognized as one of the world’s leading building firms, the LeFrak Organization has developed and built a majority of its owned portfolio. The firm continues to maintain internal development and construction management capabilities. The LeFrak Organization has been acclaimed internationally for responsible community development and sensitivity to environmental sustainability. The LeFrak name has become synonymous with excellence in design, construction, engineering and urban planning.
In the 1960’s the LeFrak Organization undertook one of its largest challenges when it developed and built LeFrak City, a community of 5,000 apartments on 42 acres adjacent to Forest Hills, Queens.
In the early 1980’s, the Organization was also the initial developer of the 92-acre Battery Park City, in Manhattan, constructing the first 1,700 luxury apartments, known as Gateway.
Since the late 1980’s, the LeFrak Organization has been developing and building Newport, the largest new waterfront community in the United States. Situated on four hundred acres of land facing Manhattan and New York Harbor from the Jersey City bank of the Hudson River, Newport is just one subway stop away. Newport’s development is consistent with the company’s traditional focus of building and holding for long term ownership high quality residential and office towers as well as associated hotel and retail properties. Newport offers incredible views of Manhattan and a full complement of on-site amenities. To date more than 14-million square feet has been completed, which houses more than 5,000 families, provides offices for more than 20,000 employees and offers shopping facilities for more than 2 million annual visitors.