New York’s 10 biggest property owners (2024)

FAQs

Who are the largest property owners in NYC? ›

Columbia University is the largest owner in New York City by the number of locations and manages over 5000 apartments across 150 residential buildings.

So who is the largest land owner here in New York state? According to the World Population Review website, the largest private landowner in New York is Columbia University, which owns 209 properties.

Timothy Dolan, the president of the United States Conference of Catholic Bishops and Cardinal-Archbishop of New York, is believed to be Manhattan's largest landowner, if one includes the parishes and organisations that come under his jurisdiction.

Who is the Molpus Woodland Group? Molpus Woodland Group claims 112,000 acres of land in New York. In fact, they are the largest landowner in our home state, but Minnesota as well, where they own over 280,000 acres. They also are currently selling land in states like Louisiana, Arkansas, and Idaho.

In 1938 the property, reported to be the smallest plot in New York City, was sold to the adjacent Village Cigars store for US$100 (equivalent to $1,925 in 2021).

The breakneck pace of development — which was largely clustered in the 1960s and the 1980s — by those three families, and a slew of others, laid the foundation for many of New York City's most established real estate dynasties. (Think Tishman, Fisher, Malkin, Resnick, LeFrak, Rose, and Zeckendorf.)

Accounting for all the parishes, schools and other properties that fall under its jurisdiction, the Archdiocese of New York City is believed to be Manhattan's largest landowner.

The Schinasi House is a 12,000-square-foot (1,100 m²), 35-room marble mansion located at 351 Riverside Drive on the Upper West Side of Manhattan in New York City. It was built in 1907 for Sephardic Jewish tobacco baron Morris Schinasi.

The listing, which is currently the most expensive in New York City, is held by Million Dollar Listing New York star Ryan Serhant.

What is the richest residential street in New York? ›

Central Park South is home to billionaires row, so there's no surprise it ranks amongst New York City's wealthiest areas. Some of the most expensive and well-known buildings in the city are located here, including One57, 432 Park Avenue, and 111 West 57th.

The 2022 Land Report 100, compiled each year by The Land Report magazine, released its annual list of landowners who own the most acres in the United States. The nation's largest private landowners are the Emmerson family in California who own over 2.4 million acres.

China owns roughly 384,000 acres of U.S. agricultural land, according to a 2021 report from the Department of Agriculture. Of that, 195,000 acres, worth almost $2 billion when purchased, are owned by 85 Chinese investors, which could be individuals, companies or the government.

Columbia University far outstrips other private universities in the city in terms of its real estate holdings, making it the largest university landowner in the city with at least 216 properties.

Today, the Torrey family farms over 10,000 acres (40 km²).

Several properties owned by the crown are located in Midtown near the United Nations, including a unit at the Dag Hammarskjold Tower at 240 East 47th Street, three apartments at International Plaza at 303 East 43rd Street, two at 309-321 East 49th Street and one at the Horizon at 415 East 37th Street.

Owning a home has long been described as “The American Dream.” In New York, that dream appears unattainable for a large share of the population: New York has the lowest homeownership rate among the states, with only 53.6 percent owning a home in the second quarter of 2022, compared to 65.8 percent nationally.

At 24,207 square feet, the converted building would already be the borough's largest single-family home by a wide margin (the 21,700-square-foot Harkness Mansion at 4 East 75th Street currently holds that title), even before the 2,700-square-foot duplex BLDG is planning to add above it.

The Lent-Riker-Smith Homestead is the oldest house in NYC. The homestead, which is located in Queens, is still used as a private dwelling. It was initially built as a one-room farmhouse by Abraham Riker in 1654.

Who Sells the Most Real Estate in New York City? The brokerage firm with the most sales volume in New York City is The Corcoran Group. In 2021 they closed over 2,500 transactions in NYC for a sales volume totaling a whopping $5.8 billion.

What is the richest church in New York City? ›

Trinity Church (Manhattan)

After gaining permission from the Vatican, Burhans underwent a comprehensive of bringing the Church into the 21st century. A live database provides a visual of all its land holdings. Conclusion: The Catholic Church owns the most land, far more than McDonald's and billionaire Bill Gates.

Fair Field mansion is not only the biggest house in the Empire State, but it's also the largest residence in the entire country.

Notable Residents of 740 Park Ave

Interestingly, the building has the highest concentration of billionaires in the country and possibly worldwide. Back in 2004, it was reported that 6 out of the Forbes 25 richest New Yorkers – all billionaires – either currently live or had lived at 740 Park Ave.

Billionaires' Row is the name given to a group of ultra-luxury residential skyscrapers and the area surrounding them around the southern end of Central Park in Manhattan, New York City.

Described as one of the greatest projects of the Great Depression era, Rockefeller Center became a New York City designated landmark in 1985 and a National Historic Landmark in 1987. The complex and associated land has been controlled since 2000 by Tishman Speyer, which bought the property for $1.85 billion.

Who owns the most land in the U.S.? While not private landowners, the U.S. federal government owns about 640 million acres of land, which is 28% of the land in the country. Out of all of the states, Nevada has the highest percentage of federally owned land.

The federal government owns about 640 million acres (2.6 million km²) of land in the United States, about 28% of the total land area of 2.27 billion acres (9.2 million km²).

The average sales price for a home in one of these luxury buildings is over 22 million, making them unaffordable to even some of the city's richest residents. Therefore, the enclave tends to attract wealthy business moguls, hedge fund managers, corporate executives, and celebrities.

Who lives at the top of Central Park Tower? ›

Steven Wynn, 80, who has an estimated net worth of $3.2billion, has put up his stunning two-floor Central Park South home after shelling out $70million to buy it in 2012.

In 2019, hedge fund manager Ken Griffin bought a penthouse at 220 Central Park South in Billionaires' Row for $238 million — making it the most expensive home ever sold in the US, the Wall Street Journal reported.

The Bronx has the highest rate of poverty in New York City, and the greater South Bronx is the poorest area.

THE CITY's analysis also found that, in 2020, Queens became the borough with the smallest share of its population in poverty, at 10.3%, compared to 10.6% in Staten Island and then 16.3% in Manhattan, 17.8% in Brooklyn and 24.4% in The Bronx, which remains the poorest county in New York State.

The two areas are neck and neck in terms of pricing, but currently, the East Side is slightly cheaper than the West. Historically, the Upper East Side has been slightly more prestigious and affluent.

Unclaimed by any country, the Bir Tawil stands alone as terra nullius. On the border of Egypt and Sudan lies one of history's most peculiar regions. Bigger than London and New York, this patch of desert has presented a problem for international lawmakers for over sixty years.

John Malone, the second-largest landowner in the U.S., owns 980,000 acres throughout the state as well.

Across America, subsidiaries of the church reportedly hold 1m acres of agricultural land. This is thought to include land in Nebraska, Oklahoma, Utah and Texas. Church companies are also thought to hold land outside the US, including in Canada and Brazil.

However, this has declined over time, and as of 2022 they controlled approximately 25% of foreign-owned debt. As of January 2023, the five countries owning the most US debt are Japan ($1.1 trillion), China ($859 billion), the United Kingdom ($668 billion), Belgium ($331 billion), and Luxembourg ($318 billion).

Foreign investors are not allowed to buy land in China. The land in China belongs to the state and the collectives.

Who is the largest real estate owner in the world? ›

1. The Family Of Queen Elizabeth II Of Great Britain. Although recently deceased, the Queen's royal family will inherit the leadership, which makes them the technical owners of the country. The total size of the British Commonwealth is an astounding 6.75 Billion acres.

Columbia University is the largest owner in New York City by the number of locations and manages over 5000 apartments across 150 residential buildings.

Timothy Dolan, the president of the United States Conference of Catholic Bishops and Cardinal-Archbishop of New York, is believed to be Manhattan's largest landowner, if one includes the parishes and organisations that come under his jurisdiction.

Milk is New York's leading agricultural product and is produced all across the state. Milk sales account for one- half of total agricultural receipts. Production in 2010 was 12.7 billion pounds with a preliminary value of $2.2 billion.

John Malone is the largest landowner with about 2.2 million acres of land across the country, including in Maine, New Mexico, Colorado, and Wyoming.

New York City Housing Authority

The government agency is Manhattan's largest multifamily landlord, most of its developments being Class C assets. The New York City Housing Authority owns 89 communities, which translates into 55,438 fully affordable units.

The 2022 Land Report 100, compiled each year by The Land Report magazine, released its annual list of landowners who own the most acres in the United States. The nation's largest private landowners are the Emmerson family in California who own over 2.4 million acres.

Columbia University

Columbia University is the largest landowner in New York City by the number of addresses and manages over 5,000 apartments across 150 residential buildings.

Who is the richest real estate agent in New York? ›

Core's Emily Beare is consistently one of New York City's top agents, with more than $4 billion in career sales.

The hottest housing markets include those markets in North Carolina, Colorado and Texas that were also popular during the pandemic, including Raleigh and Durham, Denver and Austin. Markets to watch that improved the most between November and December 2022 include Portland, Oregon, Richmond, Virginia, and St. Louis.

The supposedly first Private Equity firms were established in 1946 in the United States of America. The American Research and Development Corporation (ARDC) was founded by Georges Doriot, also known as “the father of venture capitalism”, as a Venture Capital and Private Equity firm.

Private Equity Principal Salary + Bonus: Compensation reports indicate highly variable numbers, but the 25^th to 75^th percentile is in the $500K to $800K range. Carry becomes even more important at this level and may substantially increase total compensation.

The four largest publicly traded private equity firms are Apollo Global Management (APO), The Blackstone Group (BX), The Carlyle Group (CG), and KKR & Co.

1. EMMERSON FAMILY. The nation's largest private landowners, California's Emmerson family, are a prime example of this trend. Through their Sierra Pacific Industries, the Emmersons increased their landholdings by more than 100 square miles to over 2.4 million acres.

Leading apartment owners in the U.S. 2022, by units owned

Starwood Capital Group, which was the largest owner in 2022 with 115,000 units, is a private investment firm headquartered in Miami, Florida.

Virtual Tour: Biltmore House—America's Largest Home.