Blue Onyx
Clifton, NJ 11–50 employees 2 principals
Last updated by Dawn
About Blue Onyx
Blue Onyx is a real estate operator headquartered in Clifton, NJ. Blue Onyx operates in New York City, New York. Its investment focus is on Affordable Housing, Multifamily - Core and Multifamily - Ground-up.
Blue Onyx is a private, fully integrated real estate investment, development, and management firm founded in 2009 and headquartered in Paterson, New Jersey. The company has completed 17 years of continuous operations under the leadership of founder and chief executive officer Levi C. Grazi. The enterprise operates as a boutique, institutional-scale platform, utilizing a lean internal workforce of between 11 and 50 real estate, construction, and property management professionals. The corporation concentrates its business model on a vertically integrated platform that covers the entire property lifecycle, encompassing capital sourcing, property acquisition, ground-up construction, direct leasing, and long-term asset management. The firm focuses on the multifamily residential and urban mixed-use real estate sectors. Its operational strategy targets ground-up construction, historic renovation, and property repositioning projects, transforming underutilized properties into high-performing community hubs while handling all ongoing building maintenance and tenant relations in-house. The organization's geographical footprint is heavily concentrated within high-density urban submarkets, underserved neighborhoods, and designated federal Opportunity Zones throughout the New York and New Jersey metropolitan areas. The company's active property network and near-term development pipeline represent a cumulative asset valuation of over 500 million dollars. Notable regional developments focus heavily on revitalization efforts in northern New Jersey transit-hub cities, such as Paterson and Newark, where the platform delivers modern, transit-oriented residential units and neighborhood-scale commercial retail spaces.