Kamran Hakim


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

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. He is press shy and typically avoids the limelight.
Hakim owns a portfolio of over 200 buildings worth in excess of $7.0 billion with a concentration on New York City's Upper West Side and Upper East Side. 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 Midtown 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 2017, Hakim developed 1 QPS with Property Markets Group and New Valley. In 2017, Hakim also purchased one of the largest vacant sites in Gowanus, Brooklyn with Yoel Goldman and Property Markets Group. In 2018, he entered contract alongside Shahal M. Khan to buy Manhattan's Plaza Hotel for $600 million.

Personal life

Hakim practices Judaism and is married to Ellen Manocherian of the Manocherian family, a prominent real estate development family in New York City. They have 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 Research Fund. Hakim owns the horse-show venue Old Salem Farm in the Hudson Valley, New York.