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
The Upper East Side, sometimes abbreviated UES, is a neighborhood in the borough of Manhattan in New York City, bounded by 96th Street to the north, the East River to the east, 59th Street to the south, and Central Park/Fifth Avenue to the wes ...
of
Manhattan
Manhattan (), known regionally as the City, is the most densely populated and geographically smallest of the five boroughs of New York City. The borough is also coextensive with New York County, one of the original counties of the U.S. state ...
in
New York City
New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the L ...
.
Other 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. The family also owns the New York Health & Racquet Club. The family has also owned
The Langham.
History
The company was founded by brothers Amir, Eskandar, and
Fraydun Manocherian
Fraydun "Fred" Manocherian (born 1932) is an American real estate developer, author, founder of the National Road Safety Foundation,[Bond Building
The Bond Building is an historic office building located at 1400 New York Avenue, N.W., in downtown Washington, D.C. It was designed by architect George S. Cooper in 1901. The building was constructed by Charles Henry Bond, for an estimated $3 ...]
in
Washington, D.C.
)
, image_skyline =
, image_caption = Clockwise from top left: the Washington Monument and Lincoln Memorial on the National Mall, United States Capitol, Logan Circle, Jefferson Memorial, White House, Adams Morgan, ...
for $22 million.
References
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Privately held companies of the United States
Real estate companies of the United States
Manocherian family
Family-owned companies of the United States