Philips International - Great Neck, NY
40 Cutter Mill Rd Suite 405 Great Neck, NY 11021 (212) 545-1100
Philips International is a privately held real estate investment, development, and property management firm founded in 1979 and led by the Pilevsky family. The company operates a diversified portfolio spanning residential, office, retail, manufactured housing, and hotel sectors across the United States. With offices in New York, South Florida, and New England, the firm maintains a vertically integrated platform handling acquisitions, development, financing, tenant procurement, and property management in-house.
The company's early strategy focused on acquiring properties with outdated zoning requirements from the 1920s and repositioning them for modern use. Over time, Philips International expanded into boutique hotel development and office condominiums, including properties such as the Bryant Park Hotel in Manhattan. The firm operates a portfolio of nearly 300 holdings throughout the continental United States, with geographic concentration in the Northeast corridor and South Florida markets. Additional exposure extends to Connecticut, Delaware, New Jersey, Texas, New Hampshire, and the Boston-Worcester metropolitan area spanning Massachusetts and New Hampshire.
Chairman and CEO Philip Pilevsky, a Columbia University graduate, manages the firm alongside his sons Seth Pilevsky and Michael Pilevsky, who serve as co-presidents. The company maintains the ability to purchase properties without contingencies and close transactions quickly. Recent activity includes the March 2026 sale of 126 Waverly Place in Greenwich Village for $23 million and the May 2024 disposition of 11 West 13 Street for $57.5 million to Legion Investment Group.
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