Alma Realty Corp. is a full-service real estate management and development company headquartered in Long Island City, New York. Since its founding in 1988, the company has grown into a major operator and owner of residential, commercial, retail, and industrial properties throughout the New York and New Jersey metropolitan region. Its portfolio reflects a broad footprint across the Tri-State area, including multifamily walk-ups, mid-rise elevator buildings, mixed-use assets, and warehouse spaces, and is supported by an operational network of more than a dozen branch offices. Alma Realty’s business model centers on long-term ownership, active property management, and strategic reinvestment in its buildings, allowing the company to maintain a stable presence in diverse neighborhoods ranging from Washington Heights and Astoria to Murray Hill and Upper Manhattan. The firm has been engaged in steady acquisition and redevelopment activity, adding multifamily buildings and portfolio assets to its holdings while selectively divesting properties in markets of strong investor interest. Its operations are supported by a professional staff specializing in leasing, compliance, maintenance, legal affairs, construction oversight, and tenant services. Alma Realty’s structure enables end-to-end property management solutions, ensuring oversight of building maintenance, regulatory compliance, tenant relations, and capital improvement initiatives. Alma Realty’s growth presents opportunities but also yields concentration risk due to its heavy exposure to New York City’s multifamily and mixed-use housing market—sectors sensitive to evolving rent-regulation frameworks, interest-rate pressures, and neighborhood-level economic dynamics. Nonetheless, the company’s longstanding history, deep local market knowledge, multi-sector asset mix, and operational infrastructure reinforce its position as a significant private real estate owner and manager in the Tri-State area.