Rex Hakimian
Hakimian Organization
Developer, Owner
8 West 40th Street, 6th Floor New York, NY 10018
Hakimian Organization NYC portfolio
$1.1 billion* – elevator 38%, office 37%, condo 11%; Manhattan 64%, Queens 35%
157th largest portfolio by dollar value
1,199,752 sqft – elevator 44%, office 44%, condo 7%;
285th largest by SF
16 properties – Manhattan 93%, Queens 6%
461th largest
1,046 residential units – Manhattan 50%, Queens 49%
240th 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 $254.7 million
Top Ten Associated Companies:
JPMorgan Chase (1), Bank Leumi (1), Pacific Western Bank (1), Cain International (1), Lewis Miller (1), Apollo Global Management (1)
Top Ten Associated People:
Jason Gatchell (1), Lewis Miller (1), Jeffrey Horowitz (1)
Recent activity as signatory:
• Lewis Miller sold 42-08 35th Avenue and 35-17 42nd Street, Astoria, Queens for $15.8 million to Hakimian Organization and CW Realty Group on January 16, 2024.
• Hakimian Organization borrowed $150 million from Apollo Global Management for 72-01 Queens Blvd. and 72-30 45th Avenue, Maspeth, Queens on June 27, 2024.
• Hakimian Organization borrowed $104.7 million from Cain International for 72-01 Queens Boulevard and N/A 45th Avenue, Maspeth, Queens on June 08, 2023.
• Hakimian Organization borrowed $16.6 million from JPMorgan Chase for 41-32 27th Street, Long Island City, Queens on March 29, 2023.
• Hakimian Organization borrowed $83.1 million from Pacific Western Bank for N/A 45th Avenue and 72-01 Queens Boulevard, Elmhurst, Queens on June 25, 2021.
• Hakimian Organization borrowed $15.5 million from Bank Leumi for 41-32 27th Street, Long Island City, Queens on May 26, 2020.
Latest Stories:
• Hakimian Organization, CW Realty pay $15.8M for dev site in Astoria (January 28, 2025)