LeFrak Property Management - Jersey City, NJ
111 Town Square Pl Suite 3rd Floor Jersey City, NJ 07310
The LeFrak Organization is a privately held, family-owned real estate company founded in 1901 by Harry LeFrak, a glazier who emigrated from Russia and worked for Louis Comfort Tiffany. Now in its fourth generation of family leadership under Chairman and CEO Richard LeFrak, the company operates a diversified portfolio spanning residential, office, retail, and hotel properties across multiple U.S. markets. The organization's real estate strategy centers on long-term ownership and large-scale, master-planned community development rather than speculative short-term transactions. LeFrak is among the largest privately held property firms in the United States and one of the few fourth-generation family developer-investor-owners.
The company's portfolio is concentrated in the New York-New Jersey metropolitan area, with expansion into South Florida representing a multi-year growth initiative. The organization has developed and maintains several master-planned communities, including Newport in Jersey City, LeFrak City in Queens, SoLé Mia in North Miami, and Gateway in Manhattan. At its flagship Newport community, LeFrak affiliates have developed more than 6 million square feet of waterfront Class A office space in seven towers. The company also owns office buildings nationally and more than 4 million square feet of retail space.
Beyond real estate, LeFrak maintains investments in securities, private businesses, and energy through oil wells and mineral rights. The organization's geographic footprint extends across New York, New Jersey, California, Washington State, and Florida. Recent transactions include the May 2026 acquisition of the Harbour at New River, a 337-unit waterfront tower in Fort Lauderdale, for $180 million. The company has transformed the Jersey City waterfront, building 5 million square feet of offices and more than 7,000 apartments in the area.
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