Manocherian Brothers
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Manocherian Brothers is a privately held real estate investment and development firm based in
New York City New York, often called New York City (NYC), is the most populous city in the United States, located at the southern tip of New York State on one of the world's largest natural harbors. The city comprises five boroughs, each coextensive w ...
. Along with its sister company, Pan Am Equities, the firm is owned and operated by the Manocherian family, who have been active players in the city's real estate market since the 1930s. The company specializes in acquiring, developing, and managing multifamily residential properties, particularly on the
Upper East Side The Upper East Side, sometimes abbreviated UES, is a neighborhood in the boroughs of New York City, borough of Manhattan in New York City. It is bounded approximately by 96th Street (Manhattan), 96th Street to the north, the East River to the e ...
of
Manhattan Manhattan ( ) is the most densely populated and geographically smallest of the Boroughs of New York City, five boroughs of New York City. Coextensive with New York County, Manhattan is the County statistics of the United States#Smallest, larg ...
. The Manocherian Brothers' real estate holdings include several high-profile residential and commercial properties across New York City. Among their most well-known properties are: * One Astor Place - A residential and commercial building located in
NoHo NoHo, short for "North of Houston Street, Houston Street" (as contrasted with SoHo), is a primarily residential neighborhood in Lower Manhattan, New York City. It is bounded by Mercer Street (Manhattan), Mercer Street to the west, the Bowery ...
* 210 Fifth Avenue - A commercial property located near
Madison Square Park Madison Square is a public square formed by the intersection of Fifth Avenue and Broadway at 23rd Street in the New York City borough of Manhattan. The square was named for Founding Father James Madison, the fourth president of the United St ...
* 201 East 12th Street - An East Village residential property with an award-winning restoration * 420 East 79th Street – A 16-story residential building with 112 units, located on Manhattan's Upper East Side * Empire House (200 East 71st Street) - A residential property on Manhattan's Upper East Side *
The Langham Langham may refer to: Places Canada *Langham, Saskatchewan England *Langham, Dorset *Langham, Essex *Langham, Norfolk *Langham, Northumberland *Langham, Rutland *Langham, Somerset *Langham, Suffolk *Langham Place, London, a street in London *Lan ...
- One of the company's flagship properties, known for its high-end residential offerings, with such high-profile tenants as
Mia Farrow Maria de Lourdes Villiers "Mia" Farrow ( ; born February 9, 1945) is an American actress. She first gained notice for her role as Allison MacKenzie in the television soap opera ''Peyton Place (TV series), Peyton Place'' and gained further recogn ...
and
Carly Simon Carly Elisabeth Simon (born June 25, 1943) is an American musician, singer, songwriter, and author. She rose to fame in the 1970s with a string of hit records; her 13 Billboard Hot 100, top 40 U.S. hits include "Anticipation (song), Anticipatio ...


History

The company was founded by brothers Manoocher, Amir, Eskandar, and Fraydun Manocherian, members of a prominent Iranian family who immigrated to the United States in the 1930s. Over the decades, the family established itself as a key player in New York City's real estate industry, leveraging strategic acquisitions and development projects to build a portfolio of residential and commercial properties.


Expansion and Additional Investments

Beyond New York City, the company has expanded its holdings into other major urban markets. In 2012, a subsidiary of the company acquired the historic
Bond Building The Bond Building is an historic office building located at 1400 New York Avenue, N.W., in downtown Washington, D.C. It was designed by architect George S. Cooper in 1901. The building was constructed by Charles Henry Bond, for an estimated ...
in
Washington, D.C. Washington, D.C., formally the District of Columbia and commonly known as Washington or D.C., is the capital city and federal district of the United States. The city is on the Potomac River, across from Virginia, and shares land borders with ...
for $22 million. In 2016, a partner invested in a Miami property.


References

{{Reflist, 1 Privately held companies of the United States Real estate companies of the United States Manocherian family Family-owned companies of the United States