Lefrak is a real estate company focusing on closed-end investments, property development, and management. The firm operates within the guidelines of the Real Estate Investment Trust Act of 1960, allowing them exemption from corporate income and capital gains taxation while prioritizing investment in specified assets and sharing income with shareholders.
Established in 1901, and with headquarters in New York, NY, Lefrak boasts an employee count of 287 and an annual revenue of $89.7 million. The company is led by CEO Richard Lefrak and has a strong affinity for hiring graduates from New York University. As a well-established player in the industry, Lefrak Estates, L.P. continues to make its mark in the realm of real estate investment and management.
