Taubman Co Introduce
Located at a prestigious New York address, 712 5th Ave #3800, Taubman Co is a name synonymous with excellence in real estate, particularly in the realm of retail and commercial development. This is not a local brokerage firm that helps individuals buy or sell a co-op or a townhouse. Instead, Taubman Co operates on a grand scale, specializing as a real estate developer and a real estate agency with a focus on ownership, management, and development of high-end, super-regional shopping centers and other commercial properties. While the company's headquarters are in Michigan, its presence in a prime Manhattan location underscores its significance in the national and global real estate landscape.
Founded in 1950 by the visionary A. Alfred Taubman, the company has had a profound and lasting impact on the real estate industry. Taubman pioneered many of the concepts that are now standard in modern shopping centers, such as the two-level mall design, strategic tenant mix, and a focus on creating a comfortable and engaging customer experience. Today, the company continues this legacy of innovation, with a portfolio of properties that are among the most productive in the industry. As a real estate developer, Taubman Co is known for creating spaces that are not just functional but are also destinations that offer a unique blend of shopping, dining, and entertainment.
The firm’s expertise extends beyond just development. As a real estate agency, it is deeply involved in the management and leasing of its properties, ensuring that they remain vibrant and attractive to both retailers and consumers. This dual role of developer and agency allows Taubman Co to maintain an exceptional level of control over its portfolio, ensuring that each property is managed to its full potential. For New York professionals in the finance, retail, and real estate sectors, understanding the scope of a company like Taubman Co is essential. Its work influences retail trends and urban planning, and its properties are often key economic drivers in their respective regions. The company's presence on Fifth Avenue is a strategic choice, reflecting its focus on high-end retail and its position at the center of global commerce and finance.
In recent years, Taubman Co has become a subsidiary of Simon Property Group, another giant in the real estate world. This partnership has strengthened the company's ability to continue its legacy of investing in innovative retail environments. This move signifies a new chapter for the company, blending its long-standing history and expertise with the expansive resources of Simon Property Group. The New York office likely plays a key role in this synergy, serving as a hub for strategic decisions and relationships with key partners in the world's financial capital. The company's work involves complex transactions, including acquisitions, dispositions, and various financing arrangements, demonstrating its sophisticated operations beyond typical real estate brokerage.
The core of Taubman Co's business model is built on creating value through meticulous planning and a deep understanding of retail dynamics. They focus on developing and managing properties that consistently outperform industry averages in terms of sales per square foot. This is achieved through a keen eye for design, a careful curation of tenant mix, and a relentless commitment to customer experience. This approach distinguishes them from other developers who may focus solely on building and selling. Taubman Co's dedication to the long-term success of its properties is a hallmark of its brand, making it a highly respected and influential player in the commercial real estate space.
For those in New York who are interested in the larger world of real estate, Taubman Co represents a top-tier example of a company that is not just selling space but is building and managing entire communities. Its work on a national and international level has consistently set a high bar for quality and innovation in the retail sector. The firm's ability to adapt to a changing retail landscape, even in the face of significant market shifts, speaks to its strategic vision and resilient business model. Its Fifth Avenue address in New York City is a fitting location for a company that has so profoundly shaped the modern retail experience.
Location and Accessibility
Taubman Co's New York office is situated at 712 5th Ave #3800, New York, NY 10019. This location places it in the Plaza District, one of Midtown Manhattan's most desirable and prestigious commercial areas. The building is known as the "Henri Bendel" building and is a prominent Class A office skyscraper. Its central location makes it highly accessible via a number of major subway lines, including the B, D, F, M, and 4, 6 trains, as well as the N, Q, R, and W trains. It is a well-known address, placing the firm in close proximity to world-class retail, dining, and other key business institutions.
Services Offered
Real Estate Development: The company specializes in the development of high-end, super-regional shopping centers and other large-scale commercial properties.
Real Estate Agency & Management: They are actively involved in the ownership, management, and leasing of their properties, ensuring high performance and a superior customer experience.
Retail Acquisitions and Dispositions: Taubman Co handles complex transactions involving the acquisition and sale of retail properties and portfolios.
Strategic Partnerships: They engage in joint ventures and partnerships, leveraging their expertise to create and manage valuable retail assets.
Features / Highlights
Legacy of Innovation: The company has a rich history of pioneering modern shopping center design and management, setting a high bar for the industry.
High-Performing Portfolio: Taubman Co’s properties consistently rank among the most productive in the retail industry.
Prestigious New York Address: The office at 712 Fifth Avenue underscores the company's status as a top-tier player in the global real estate market.
Dual Expertise: The firm's dual role as a developer and a hands-on manager allows it to maintain a high level of quality control and long-term value creation.
Contact Information
Address: 712 5th Ave #3800, New York, NY 10019, USA
Phone: (212) 541-6400
What is worth choosing
For a business or investor looking for a partner in large-scale commercial real estate, particularly in the retail sector, Taubman Co is worth choosing for its unmatched experience, visionary approach, and proven track record of success. This is not the firm for a residential search, but for those operating at a high level in the commercial world. The company’s long history of innovation, combined with its current strategic partnership with Simon Property Group, offers a powerful combination of expertise and resources. By working with a firm like Taubman Co, clients are engaging with a team that has not only built iconic properties but also possesses the knowledge and foresight to manage them for sustained profitability. Their focus on creating memorable experiences for both tenants and consumers sets them apart. Ultimately, choosing Taubman Co means partnering with a leader in the real estate development space, a company that understands that a property is more than just a building—it's a vibrant destination.
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