Puneet Varma (Editor)

Kamran Hakim

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Nationality
  
United States

Spouse(s)
  
Ellen Hakim

Occupation
  
real estate developer

Children
  
Scott Hakim

Kamran Hakim httpss14therealdealcomtrdup201512KevinM

Known for
  
founder of the Hakim Organization

Similar
  
Rubin Schron, Joseph Moinian, Ben Shaoul

Kamran Hakim is a New York-based real estate investor and one of New York City's largest private landlords.

Contents

Biography

Hakim was born to an Iranian Jewish family in Iran and then immigrated to the United States. He founded the Hakim Organization in 1978.

Hakim owns a portfolio of over 200 buildings worth in excess of $1.0 billion of rental properties in New York City with a concentration on the Upper West Side and the Upper East Side of New York City. Hakim's focus is to purchase rent-stabilized buildings that need infrastructure investment, make the necessary capital improvements, and then transition them to the market rate. In 2003, he and his son Scott Hakim erected the 480 unit, $150 million, The Anthem, on the East Side of Mid-town Manhattan. In November 2012, he purchased the historic El Royale in Hollywood with real-estate attorney Farhad Eshaghpour for $29.5 million in cash. In January 2013, he announced that he will begin construction on a 40 story apartment tower in Long Island City.

Personal life

Hakim practices Judaism and has three children: Scott Hakim, Wendy Hakim Jaffe, and Catherine Hakim Brodsky. He avoids publicity and prefers to operate behind the scenes. He is a supporter of the Jewish Museum in Manhattan and the Center for Jewish History. He is on the board of International Trustees for the Israel Cancer Relief Fund. Hakim owns the horse-show venue Old Salem Farm in the Hudson Valley, New York.

References

Kamran Hakim Wikipedia