Manocherian Brothers


Manocherian Brothers, and its sister company, Pan Am Equities, are companies owned by the Manocherian family that invest in real estate, primarily tenements on the Upper East Side on First and Second Avenue.
Other buildings owned by the family include One Astor Place, 210 Fifth Avenue, 201 East 12th Street, Empire House, 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, who came from a well‐to‐do Iranian family and immigrated to the United States in the 1930's.
In 2012, a subsidiary of the company acquired the Bond Building in Washington, D.C. for $22 million.