Kamran Hakim

Hakim was born to an Iranian Jewish family in Iran and then immigrated to the United States.[1][3] He founded the Hakim Organization in 1978.[4] He is press shy and typically avoids the limelight.[5]

Hakim owns a portfolio of over 200 buildings[6] worth in excess of $7.0 billion with a concentration on New York City's Upper West Side and Upper East Side.[1] 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.[1] In 2003, he and his son Scott Hakim erected the 480 unit, $150 million, The Anthem, on the East Side of Midtown Manhattan.[7][8] In November 2012, he purchased the historic El Royale in Hollywood with real-estate attorney Farhad Eshaghpour for $29.5 million in cash.[9][10] In 2017, Hakim developed 1 QPS with Property Markets Group and New Valley.[11] In 2017, Hakim also purchased one of the largest vacant sites in Gowanus, Brooklyn with Yoel Goldman and Property Markets Group.[12] In 2018, he entered contract alongside Shahal M. Khan to buy Manhattan's Plaza Hotel for $600 million.[13]

Hakim practices Judaism[14] and is married to Ellen Manocherian of the Manocherian family, a prominent real estate development family in New York City.[15] They have three children: Scott Hakim,[7] Wendy Hakim Jaffe,[16] and Catherine Hakim Brodsky.[17] He avoids publicity and prefers to operate behind the scenes.[1] He is a supporter of the Jewish Museum in Manhattan[18] and the Center for Jewish History.[19] He is on the board of International Trustees for the Israel Cancer Research Fund.[20] Hakim owns the horse-show venue Old Salem Farm in the Hudson Valley, New York.[21][22]