Rex Hakimian
Hakimian Organization
Developer, Owner
8 West 40th Street, 6th Floor New York, NY 10018
Hakimian Organization NYC portfolio
$934.8 million -office 46%, elevator 44%, condo 7%; Manhattan 72%, Queens 27%*
249th largest portfolio by dollar value
1,277,488 sqft – office 49%, elevator 42%, condo 7%; Manhattan 89%, Queens 10%
392th largest by SF
15 properties – Manhattan 95%, Queens 4%
672th largest
1,046 residential units – Manhattan 50%, Queens 49%
322th largest by residential units
1 foreclosure, 0 bankruptcies, 0 other court cases.
Person Activity past 24 months:
Buyer signatory: 1 for $15.8 million
Borrower signatory: 2 for $164 million
Developer (new building or major alteration): 1 for 45,000 square feet
Top Ten Associated Companies:
Bank Leumi (1), Pacific Western Bank (1), Cain International (1), Lewis Miller (1), Derby Copeland Capital (1), Apollo Global Management (1), JPMorgan Chase (1)
Top Ten Associated People:
Lewis Miller (1), Jesse Hutcher (1), Jeffrey Horowitz (1), Jason Gatchell (1)
Recent activity as signatory:
• Hakimian Organization borrowed $14 million from Derby Copeland Capital for 260 West 38 Street on May 23, 2025.
• Hakimian Organization borrowed $150 million from Apollo Global Management for 72-01 Queens Boulevard on June 27, 2024.
• Lewis Miller sold 42-08 35 Avenue for $15.8 million to Hakimian Organization and CW Realty Group on January 16, 2024.
• Cain International on June 08, 2023 bought a loan with an original principal of $104.7 million from Pacific Western Bank, secured by 72-01 Queens Boulevard, when owned by Hakimian Organization.
• Hakimian Organization borrowed $16.6 million from JPMorgan Chase for 41-32 27 Street on March 29, 2023.
• Hakimian Organization borrowed $83.1 million from Pacific Western Bank for 72-30 45 Avenue on June 25, 2021.
• Hakimian Organization borrowed $15.5 million from Bank Leumi for 41-32 27 Street on May 26, 2020.