LeFrak

LeFrak is a privately held, family-owned property company founded in 1901 that conducts real estate development and long-term ownership alongside diversified investment management. Within that investment arm, merchant banking activities include venture capital and private equity, alongside value-based public equity and fixed income strategies run by the group's investment management affiliates. The firm describes its real estate work as spanning development, design and construction, engineering, and urban planning.

Direct venture investments in technology companies sit within a broader portfolio that also covers securities, private businesses, and energy assets. Geographically, the group's presence spans New York, New Jersey, California, Washington, and Florida, with specific developments in Queens, Jersey City, Miami, and Fort Lauderdale.

Two developments anchor the real estate record: LeFrak City, a 4,605-apartment development in Queens, New York, and Newport, a 600-acre neighborhood in Jersey City comprising office buildings, apartment towers, hotels, retail, and urban amenities. The company is among the largest privately held apartment owners in the United States and has operated for more than 120 years.

Leadership has passed through generations, from Samuel J. LeFrak to Richard S. LeFrak, who has served as Chairman and CEO since 2003. The organisation is privately held and family-owned, with a stated philosophy of long-term ownership and community development.