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Manhattan real estate company

Manocherian Brothers and its sister company, Pan Am Equities, are companies owned by the Manocherian family that invest in real estate, primarily multifamily properties on the Upper East Side of Manhattan in New York City.^[1]

Buildings owned by the family include One Astor Place, 210 Fifth Avenue, 201 East 12th Street, Empire House (located at 200 East 71st Street), New York Tower at East 39th Street, the Caroline at 60 West 23rd Street, and New York Plaza at 2 Water Street.

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The family also owned the New York Health & Racquet Club, which permanently closed in 2020. The family has also owned The Langham.^[2]

After purchasing the building now called “New York Plaza at 2 Water Street” in 1978, the building was identified as a potential landmark building by the Landmarks Preservation Commission.

Known as The Army Building, it had previously been owned by The US Department of the Army and offered a wide ran