BedRock Real Estate Partners LLC

- 501 5th Ave #1803, New York, NY 10017

In the expansive and multifaceted world of New York City real estate, different firms specialize in different areas, catering to a wide range of needs. BedRock Real Estate Partners LLC is a firm that focuses on the development and acquisition of real estate assets, with a particular emphasis on rental apartments and mixed-use projects in urban locations. Their business model involves actively participating in joint ventures as a limited partner or co-general partner. This approach positions them as a key player in the development and enhancement of urban communities, rather than a traditional brokerage handling individual home sales.

This article aims to provide a clear and factual overview of BedRock Real Estate Partners LLC, based on available public information. It is important for potential clients and partners to understand a company's business model and track record, and this overview will present what is known about the firm's operations and focus. While the firm's primary activities are in development and acquisitions, it is also noted for its property management services. The information here is intended to be a neutral and informative resource for New Yorkers, including those who may be tenants in properties managed by the firm or who are considering them for a joint venture or partnership.

BedRock Real Estate Partners LLC's business model is centered on a proactive approach to real estate. They actively pursue new real estate opportunities through acquisitions, with the goal of enhancing value for both their company and the communities they serve. This includes a thorough construction management approach and a curated property portfolio that spans everything from the restoration of historic buildings to the pioneering of new construction techniques. Their expertise extends to property management, where their dedicated team is responsible for ensuring the maintenance of their high-quality properties. The firm's specialization in development and large-scale projects sets them apart from typical residential real estate agencies.

Given the nature of their business, which involves large-scale development and property management, the experience of individual tenants can vary. One review provided, which is from a renter in South New Jersey, highlights a negative experience with a property manager, citing a lack of communication, management upkeep, and indifference to requests. It is important to note that this review pertains to a property in a different state and may not be indicative of the firm's practices in all locations or with all types of clients. However, it serves as a reminder of the importance of clear communication and dedicated management in the tenant-landlord relationship, an area that can be a source of frustration if not handled properly. This information is provided to give a full and balanced perspective based on all available data.

Location and Accessibility

BedRock Real Estate Partners LLC is located at 501 5th Ave #1803, New York, NY 10017, USA. This address places the firm in a prestigious and highly accessible area of Midtown Manhattan, at the intersection of Fifth Avenue and 42nd Street. The location is known for its iconic landmarks, including the New York Public Library, and its status as a major business district.

The office is exceptionally well-connected by New York City's public transportation network. It is just a short walk from Grand Central Terminal, a major hub for subway lines (4, 5, 6, 7, S) and the Metro-North Railroad. It is also close to the 42nd Street-Bryant Park station (B, D, F, M) and Times Square-42nd Street, which serves numerous subway lines. This central location ensures that clients and partners can easily access the firm from any borough or the surrounding suburbs. The building itself features a wheelchair-accessible entrance, which is an important consideration for inclusivity. The prime location on Fifth Avenue reflects the professional and high-level nature of the firm's work in real estate development and acquisitions.

Services Offered

• Real estate agency: The firm identifies as a real estate agency with a specialized focus.
• Development and Acquisition: Specializes in acquiring and developing rental apartments and mixed-use projects in urban locations.
• Joint Ventures: Actively participates in joint ventures as a limited partner or co-general partner.
• Property Management: Manages and maintains properties within their portfolio, ensuring quality for tenants and value for the company.
• Leasing Initiatives: Fosters relationships with businesses to bring local and national brands to their properties.
• Community Growth and Development: Aims to aid in the growth of communities and strive for positive, enduring change.
• Construction Management: Uses a thorough construction management approach for its development projects.

Features and Highlights

• Urban Development Focus: BedRock Real Estate Partners LLC specializes in large-scale development projects, focusing on rental apartments and mixed-use properties in urban cores like New York City.
• Acquisitions and Joint Ventures: The firm actively pursues real estate opportunities and participates in joint ventures, which is a key part of its business model.
• In-House Teams: Their operations are supported by in-house teams for areas of expertise including finance, construction, and property management.
• Property Management: They manage their own properties, which can be a distinct feature for tenants and partners.
• Central Midtown Location: The office is located on Fifth Avenue, a prestigious and highly accessible address in Manhattan.
• Wheelchair Accessible Entrance: The building at 501 5th Ave provides a wheelchair-accessible entrance, ensuring accessibility for all visitors.

Contact Information

For more information about BedRock Real Estate Partners LLC, including potential business inquiries or general questions, you can use the following contact information:

Address: 501 5th Ave #1803, New York, NY 10017, USA

Phone: (646) 688-3441

What is worth choosing

For individuals and businesses considering a partnership or joint venture in real estate development, BedRock Real Estate Partners LLC is a firm worth considering for its specialized focus on urban acquisitions and development. Their business model is built on an active role in projects, with the goal of enhancing value and contributing to community growth. For those looking to invest in or partner with a firm that has a hands-on approach to large-scale urban real estate, their expertise in construction management, acquisitions, and property management could be a significant asset.

It is important to note the distinction between their work as developers and their role as property managers for their own properties. While their development work may appeal to investors and partners, the experience of a renter is a different matter, and it is crucial to conduct due diligence, as with any property management company. The provided review from a renter in a different state highlights the need for a strong, responsive property management team, regardless of the firm's reputation in other areas of its business. This underscores the importance of verifying management practices at the specific property you are interested in.

Ultimately, choosing BedRock Real Estate Partners LLC means engaging with a firm that has a clear focus on development and large-scale projects. For New Yorkers interested in these areas, their central location and professional approach to acquisitions and construction are key points to consider. For those seeking rental units, it is always wise to research the specific property management team assigned to a building to ensure that their communication and maintenance practices align with your expectations. A thorough and informed approach will lead to the best outcome, whether you are an investor or a potential tenant.

BedRock Real Estate Partners LLC

501 5th Ave #1803, New York, NY 10017, USA