Shorenstein Co East

- 850 3rd Ave, New York, NY 10022

Shorenstein Co East is a distinguished name in the New York real estate landscape, known for its expertise in the acquisition, development, and management of high-quality office and mixed-use properties. As part of the larger, nationally recognized Shorenstein real estate organization, the New York office plays a critical role in the company's strategy, which focuses on key urban markets. Unlike many real estate firms, Shorenstein is a fully integrated company, meaning they not only invest in properties but also manage and operate them. This comprehensive approach ensures that they have full control over the entire lifecycle of an asset, from acquisition to creating a vibrant, high-quality environment for tenants. Their business model is built on a deep understanding of market trends, tenant needs, and value creation, positioning them as a top-tier partner for institutional investors and tenants in the city.

The firm’s philosophy centers on a disciplined investment strategy that identifies properties with the potential to be repositioned or redeveloped to meet the evolving demands of today's workforce. They are known for transforming spaces to create distinctive tenant experiences that prioritize collaboration, wellness, and sustainability. This forward-thinking approach is particularly relevant in New York, where businesses are increasingly seeking modern, amenity-rich office spaces that can attract and retain top talent. Shorenstein's long history and multi-generational leadership have solidified its reputation as a creative and knowledgeable investor with a proven track record across multiple real estate cycles. For New Yorkers in the commercial real estate sector, Shorenstein Co East is recognized as a sophisticated and reliable player that contributes significantly to the city’s built environment.

Their focus is not just on the buildings themselves, but on the communities within and around them. By creating compelling work environments and ensuring operational excellence, they aim to enhance the value of their properties and the experiences of their tenants. This dedication to quality and service is a hallmark of the Shorenstein brand. They are deeply committed to sustainability and environmental, social, and corporate governance (ESG) principles, integrating these considerations into their core business strategy. This commitment to being a responsible investor and operator further enhances their appeal in a market that increasingly values sustainable and well-managed properties.

Shorenstein Co East is located at 850 3rd Ave, New York, NY 10022, USA. This address places the firm in a prime, highly accessible location in Midtown Manhattan, a global hub for commerce and finance. Situated in the Plaza District, the office is strategically positioned to serve clients and partners from across the city and beyond. The building is conveniently located near major public transportation, including several subway lines (E, M, 4, 5, 6) and bus routes, and is just a short walk from Grand Central Terminal. This makes it an incredibly convenient meeting point for professionals who rely on the city’s robust transit network.

The building at 850 3rd Avenue is a well-known office tower, and Shorenstein’s presence here underscores its prominence and professionalism. The location provides easy access for tenants, vendors, and business associates, streamlining professional interactions and daily operations. For a company that manages a portfolio of properties and a vast network of tenants, having a central and easily reachable headquarters is a significant operational advantage. The neighborhood itself is vibrant, with a wide array of dining options, hotels, and business services that cater to a professional clientele. This dynamic environment reflects the type of high-caliber properties and tenants that Shorenstein works with.

The building's location not only offers practical benefits but also reinforces Shorenstein’s brand as a leader in high-quality commercial real estate. Being in such a prestigious and central part of Manhattan communicates stability and institutional credibility. It allows the firm to remain at the pulse of market activity and closely monitor the trends shaping the industry. The accessibility and prestige of their location are a testament to their commitment to excellence and their strategic position within the New York real estate market.

Services Offered

• Real Estate Investment: As a fully integrated real estate investment company, Shorenstein sources and acquires high-quality office and mixed-use properties in dynamic urban markets.
• Asset and Property Management: Through their wholly-owned affiliate, Shorenstein Realty Services, they provide comprehensive asset management, leasing, property management, and construction services to their portfolio.
• Value-Add Strategies: Shorenstein is known for its ability to create value by acquiring properties that can be enhanced through capital improvements, operational efficiencies, and repositioning to attract a high-quality tenant base.
• Leasing Services: They work directly with tenants to provide customized leasing solutions and create compelling work environments that meet the needs of modern businesses.
• Portfolio Management: The firm actively manages a diverse portfolio of properties, leveraging its deep market knowledge to optimize performance and ensure long-term stability.

Features / Highlights

• Fully Integrated Business Model: Shorenstein’s ability to handle all aspects of real estate—from investment and development to management—provides a level of control and expertise that sets it apart from many competitors.
• Specialization in Office and Mixed-Use Properties: Their focused expertise in these specific property types allows for a deep understanding of the unique challenges and opportunities within the sector.
• Disciplined and Creative Investment Strategy: The firm has a well-defined investment strategy that emphasizes market and asset selection, value creation, and a meticulous understanding of risk and return.
• Commitment to Sustainability: Shorenstein actively integrates ESG principles into its operations, focusing on creating sustainable and resilient properties.
• Strong National Presence with Local Expertise: While they are a national company, their New York office provides invaluable local market knowledge, ensuring that their strategies are tailored to the specific dynamics of the city.

Contact Information

Address: 850 3rd Ave, New York, NY 10022, USA

Phone: (212) 986-2100

What is worth choosing

When considering a real estate agency, especially in a market as competitive and complex as New York, choosing the right partner is paramount. Shorenstein Co East stands out as a superior choice for several compelling reasons. The most important is their unique and comprehensive approach as a fully integrated real estate investment company. Unlike firms that merely broker deals, Shorenstein is a hands-on operator that builds, owns, and manages its properties. This level of involvement ensures a commitment to quality and a vested interest in the long-term success of every asset in their portfolio. For a tenant, this means a consistent and well-managed experience. For an investor, it means partnering with a firm that controls every variable of value creation, from the initial acquisition to the day-to-day operations.

Furthermore, Shorenstein's strategic focus on office and mixed-use properties is a significant advantage. They have honed their expertise in a sector that is constantly evolving due to shifts in technology, tenant demands, and work-life trends. They are not just reacting to these changes; they are proactively creating spaces that are modern, flexible, and conducive to collaboration and well-being. This forward-thinking strategy ensures that their properties remain competitive and valuable. Their commitment to sustainability is another key differentiator, as they are actively working to create environmentally responsible buildings that also offer superior amenities and performance.

The firm’s long history and national reputation, combined with their strong local presence in New York, make them an extremely reliable partner. They have successfully navigated various market cycles, and their experienced leadership team brings a wealth of knowledge to every transaction. By choosing Shorenstein, you are not just getting a service; you are gaining a strategic partner with a proven track record of creating and managing high-quality, high-performing real estate. Their central location in Midtown Manhattan further solidifies their position as a key player in the market, providing convenience and a clear statement of their professional standing. In a city where real estate is a serious business, Shorenstein Co East is a serious and capable partner.

Shorenstein Co East

850 3rd Ave, New York, NY 10022, USA