Access Industries Inc

- 40 W 57th St, New York, NY 10019

In the intricate landscape of New York City real estate, there are players who operate far beyond the scope of a traditional real estate agency. Access Industries Inc is one of these powerhouses. As a privately-held, multinational investment company, its influence in the real estate sector is defined by its strategic, long-term approach to acquiring, developing, and managing a diverse portfolio of properties. With a significant presence in New York, and a global reach, Access Industries is a firm that doesn’t just facilitate transactions; it actively shapes the urban environment through its substantial and often transformative investments. Located in a prime Midtown Manhattan location, the firm exemplifies a different kind of real estate expertise, one that is focused on large-scale, value-creation projects.

Founded by Len Blavatnik, Access Industries has built a reputation for its ability to spot and invest in underappreciated assets. Unlike many traditional real estate firms that operate on a short-term, transactional basis, Access Industries is a principal investor. This means they are using their own capital and are not constrained by the typical five-year investment horizon. Their approach is marked by a long-term vision, often looking at a 10-year timeline to maximize value. This flexible and patient capital allows them to invest across various sectors, from hospitality and residential to commercial properties, and to undertake complex projects that require significant capital and a long lead time. Their New York portfolio is a testament to this, with notable projects like the One High Line residential and hotel development, which showcases their ability to handle large-scale, high-profile ventures that redefine a city block.

The firm’s real estate team is adept at acquiring properties at valuations below replacement cost and enhancing their value through in-house asset management expertise. This hands-on approach is a key differentiator. They invest in and collaborate with best-in-class operators to ensure the successful execution and long-term viability of their investments. This includes everything from the physical renovation and development of a property to strategic decisions on management and branding. Their involvement in projects like the Faena residences and hotels, which are considered among the finest in the US and Latin America, further illustrates their commitment to excellence and luxury. For those in New York who are interested in the city’s major real estate developments and the forces behind them, Access Industries is a significant and influential entity to know.

Access Industries Inc is headquartered at 40 W 57th St, New York, NY 10019, a prestigious address in the heart of Midtown Manhattan. This location places the firm in one of the city's most prominent business and financial districts, often referred to as Billionaires' Row. The building itself is a Class A+ office tower known for its high-profile tenants and convenient access to key city landmarks.

The accessibility of this location is excellent. The office is within walking distance of several major subway stations, including the 57th Street–7th Avenue station (N, Q, R, W trains) and the 57th Street station (F train), which provide seamless connectivity across Manhattan. The area is also well-served by numerous bus lines and is easily accessible via taxi and ride-sharing services. A key feature of the building is its wheelchair-accessible entrance, ensuring that the firm is able to accommodate all visitors comfortably. The surrounding neighborhood offers a wealth of amenities, including high-end dining, luxury retail, and cultural landmarks like Carnegie Hall and Central Park, making it a professional and desirable location for a global investment firm.

Services Offered

Access Industries Inc operates as a global investment company with a dedicated real estate sector. While not a traditional real estate brokerage, its services within the real estate world are extensive and include:

• Real Estate Investment: Concentrated and opportunistic investments in real estate assets and real estate operating companies.
• Asset Management: In-house expertise to manage and enhance the value of acquired properties.
• Real Estate Development: Involvement in the development and repositioning of properties, including new construction and major renovations.
• Real Estate Capital: Providing permanent, scalable, and long-term capital for real estate projects.
• Advisory Services: Strategic collaboration with best-in-class operators to support growth and scale investments.

Features / Highlights

• Long-Term Investment Horizon: Unlike many real estate funds that must liquidate assets in a few years, Access Industries has a flexible, long-term capital base, allowing them to underwrite with a 10-year horizon.
• Private and Scalable Capital: The firm uses its own private capital, which provides flexibility and the ability to invest in a wide range of deals without external constraints.
• Integrated Approach to Value Creation: Access Industries focuses on acquiring properties below replacement cost and actively enhancing their value through their in-house asset management team, rather than simply flipping properties.
• Global and Diverse Portfolio: Their real estate holdings are not limited to New York; they span the globe and include a variety of asset types, such as iconic hotels, commercial buildings, and residential developments.
• Prestigious Location with Accessibility: Their headquarters on West 57th Street is not only a symbol of their prominence but also offers convenient access with a wheelchair-accessible entrance and proximity to major transit lines.

Contact Information

Address: 40 W 57th St, New York, NY 10019, USA

Phone: (212) 247-6400

What is Worth Choosing

For those in the New York real estate market who are not just looking for a simple transaction but are involved in large-scale development, investment, or strategic asset management, Access Industries Inc is a noteworthy entity. What makes them particularly compelling is their role as a principal investor with a long-term perspective. In a market often driven by short-term gains, their patient and scalable capital is a significant advantage. This allows them to commit to projects that require time to mature and reach their full potential, ultimately creating more value for the city and their portfolio.

Their expertise in asset management and development is also a major reason to consider their work. They are not passive investors; they are actively involved in improving their properties, which is a testament to their dedication and confidence in their strategic vision. For any company or individual seeking a partner with deep financial resources, a global network, and a proven track record of creating value through large-scale real estate projects, Access Industries represents a powerful and sophisticated choice. Their involvement in the city's most significant developments showcases their commitment to and influence over the future of the New York real estate landscape.

Access Industries Inc

40 W 57th St, New York, NY 10019, USA