Real Estate - New York, New York, United States
ZT Realty is a full-service real estate investment and management firm specializing in the acquisition, repositioning and managing of multifamily and mixed-use properties in New York City and surrounding areas. Our mission is sourcing and rehabilitating properties to produce thriving, desirable precincts that sustain their appeal and profitability over time. Since 2009, we have established a solid reputation for successfully repositioning older buildings into superior properties with best-in-class services, which enhance overall value and improve the quality of life for our tenants. Founded by New York City native Peter Tessler, along with his partners, the firm has acquired over twenty buildings with a cumulative market value of over $100 million. We target undermanaged and undervalued properties in emerging neighborhoods with the goal of increasing asset value through structural and cosmetic enhancements and service improvements. The firm's investment strategy is guided by comprehensive research and intimate knowledge of our target markets, and is driven by a desire to improve surrounding communities. Our firm endeavors to maximize asset value throughout each step of the development process—from sourcing to underwriting to construction to maintenance. We implement a rigorous long-term management strategy and control all aspects of investment and development in-house. Our highly-trained property management professionals possess extensive knowledge in all areas of the industry including: finance, real estate regulations and codes, structural and mechanical systems, energy strategies, staff supervision, building management, residential and commercial construction, and training.
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