Top 20 Largest Commercial Real Estate Landlords in New York City

New York City boasts one of the most lucrative and competitive commercial real estate markets in the world. From towering office buildings in Midtown Manhattan to sprawling retail spaces in SoHo, the city’s skyline is shaped by a handful of influential landlords. These property owners manage millions of square feet in office, retail, industrial, and multifamily assets, playing a critical role in the city’s economy. In this article, we explore the 20 largest commercial real estate landlords in New York City, examining their portfolios, flagship properties, and impact on the market.

Top 20 Largest Commercial Real Estate Landlords in New York City

1. Vornado Realty Trust

Vornado Realty Trust is one of the largest and most powerful commercial landlords in NYC, with a vast portfolio of office and retail properties. The company owns over 20 million square feet of real estate, including prominent buildings such as the Penn District properties, 770 Broadway, and the iconic 731 Lexington Avenue. Vornado has a strong presence in Midtown and is a key player in shaping the redevelopment of the Penn Station area.

2. SL Green Realty Corp.

As New York City’s largest office landlord, SL Green owns more than 30 million square feet of commercial properties. Their flagship buildings include One Vanderbilt, which has transformed Midtown East’s skyline, and 100 Park Avenue, a major corporate hub. SL Green continues to acquire, develop, and manage top-tier office properties, making it a dominant force in NYC’s real estate scene.

3. Brookfield Properties

A powerhouse in commercial real estate, Brookfield Properties owns and manages some of the city’s most prestigious office towers, including Brookfield Place in Lower Manhattan. The company also has significant holdings in Midtown and along the Hudson Yards corridor. Brookfield’s extensive portfolio includes high-end retail spaces, corporate offices, and residential properties.

4. Tishman Speyer

Tishman Speyer is a global real estate firm with a strong footprint in NYC. The company owns iconic properties such as Rockefeller Center and The Spiral at Hudson Yards, reinforcing its dominance in the high-end office market. Their developments focus on sustainability and modern workplace environments, attracting top-tier tenants.

5. Related Companies

Related Companies is a real estate development and investment firm responsible for shaping Hudson Yards, the largest private real estate development in U.S. history. The company’s portfolio includes high-end office, retail, and residential properties. Related also has extensive holdings in mixed-use developments, making it a key player in urban transformation projects.

6. RXR Realty

RXR Realty is a major commercial real estate owner in NYC, with a focus on office and mixed-use developments. Their holdings include the Starrett-Lehigh Building, 75 Rockefeller Plaza, and a series of major properties along Sixth Avenue. RXR has been actively investing in redevelopment projects to modernize and enhance office spaces for future needs.

7. The Durst Organization

A family-owned real estate powerhouse, The Durst Organization owns and manages over 13 million square feet of office space in NYC. Its signature properties include One World Trade Center, 151 West 42nd Street, and the pioneering environmentally friendly skyscraper, One Bryant Park. The firm is known for its commitment to sustainability and green building design.

8. Silverstein Properties

Best known for rebuilding the World Trade Center complex, Silverstein Properties owns several major office and residential buildings in Manhattan. Their portfolio includes 3 and 4 World Trade Center, which serve as major business hubs. Silverstein has played a significant role in revitalizing Lower Manhattan post-9/11.

9. Boston Properties

One of the largest publicly traded real estate investment trusts (REITs), Boston Properties owns some of NYC’s most high-profile office towers, including 601 Lexington Avenue and 399 Park Avenue. The company focuses on sustainable, tech-forward commercial real estate developments.

10. Empire State Realty Trust

This REIT is best known for owning the Empire State Building, one of the most iconic commercial properties in the world. The company also owns several other office buildings in Manhattan and the surrounding boroughs, including properties in the Grand Central and Penn Station submarkets.

11. Blackstone Group

As one of the largest real estate investment firms globally, Blackstone owns significant commercial assets in NYC, including office buildings, industrial properties, and multifamily developments. Their investments span across various real estate sectors, making them a key player in shaping the market.

12. Tishman Realty & Construction

This major real estate firm has played a key role in developing and managing landmark properties, including the original World Trade Center and numerous office and hotel properties throughout Manhattan. Tishman Realty continues to be a leading developer of large-scale commercial projects.

13. JPMorgan Chase & Co.

JPMorgan Chase is not just a financial institution—it is also a major commercial property owner. The company is currently developing its new global headquarters at 270 Park Avenue, one of the largest office projects in the city. The bank’s extensive real estate footprint makes it one of NYC’s top corporate landlords.

14. Paramount Group

Paramount Group is a major commercial real estate investment trust with a significant presence in NYC. The company’s portfolio includes premier office properties such as 1633 Broadway and 1325 Avenue of the Americas. Paramount focuses on high-end office spaces catering to corporate clients.

15. Rudin Management Company

A major family-owned real estate company, Rudin Management owns and manages some of the city’s most prestigious office buildings, including 345 Park Avenue and 3 Times Square. The company has been a part of NYC’s commercial real estate landscape for generations.

16. Hines

Hines is a global real estate investment firm with a strong presence in NYC. The company owns high-end office and mixed-use developments, including 7 Bryant Park and One Jackson Square. Hines is known for its emphasis on sustainable and innovative building design.

17. Columbia Property Trust

Columbia Property Trust specializes in office real estate and owns several high-profile properties in NYC, including 229 West 43rd Street, a landmark Midtown office building. Their investments focus on premium office spaces catering to major corporate clients.

18. The Moinian Group

The Moinian Group has a diverse real estate portfolio in NYC, including office, retail, and luxury residential properties. Their assets include 3 Hudson Boulevard and Sky, one of the tallest residential towers in the city. The firm is expanding into mixed-use developments as part of its growth strategy.

19. Extell Development Company

Known for developing some of NYC’s most luxurious residential and commercial buildings, Extell’s portfolio includes the International Gem Tower and Central Park Tower, one of the tallest residential buildings in the world. Extell focuses on high-end development projects that reshape the city’s skyline.

20. GFP Real Estate

GFP Real Estate is a family-owned firm that owns and manages over 11 million square feet of commercial properties in NYC. The company’s holdings include landmark office buildings and mixed-use developments throughout Manhattan, offering a variety of commercial leasing options.

New York City’s commercial real estate landscape is dominated by a select group of landlords who shape the city’s economy and skyline. These firms own and manage millions of square feet of office, retail, and mixed-use properties, influencing how businesses operate and how the city evolves. Whether through landmark office towers, innovative mixed-use developments, or large-scale urban transformations, these 20 landlords play a pivotal role in NYC’s commercial real estate market.