Elad Properties

About Elad Properties

Elad Properties is a real estate operator headquartered in New York, NY. Elad Properties operates in Los Angeles, California (LA) and New York City, New York. Its investment focus is on Condominiums, Multifamily - Ground-up and Placemaking.

Elad Group is a privately held real estate development and investment company headquartered in New York City. Founded in 1992 by Isaac (Yitzhak) Tshuva, the firm has completed 34 years of operations, managing several billion dollars in assets with an active team of 51 to 200 employees. Its U.S. subsidiary, Elad Properties, has operated since the early 2000s and specializes in the acquisition, historic restoration, and adaptive reuse conversion of prominent architectural landmarks. A defining milestone in the firm's history was its acquisition of Manhattan's iconic Plaza Hotel in 2004 for $675 million, followed by a $450 million restoration and condominium conversion program. The enterprise's prestigious portfolio features several major historic conversions across New York City. Key development projects include the Plaza Hotel, the Metropolitan Life Tower, the Grand Madison, and the luxury residential conversion at 250 West Street.

Principals at Elad Properties