Alchemy Properties Inc.
Developer / Builder
- 1990foundation year
A privately-held, fully integrated real estate developer, actively engaged in acquisitions, development, financing, marketing and sales of luxury condominium properties throughout the New York metropolitan area. Led by two principals – Kenneth S. Horn and Joel... Breitkopf – since inception in 1990, have delivered well over three million square feet of luxury condominium residences valued at over $6 billion. Grounded in a deep knowledge of real estate markets and processes, their success lies in the control of all facets of a project from acquisition to conclusion. This, coupled with strong ties to debt and equity sources, reduces the inherent risk of real estate ventures and increases the certainty of execution. Alchemy Properties Inc. history is one of successfully anticipating trends and changes while negotiating market cycles. Experience evidences their philosophy that entrepreneurial real estate companies must succeed regardless of market fluctuations. Over three decades company has built a cohesive, vertically integrated team who are rewarded for hard work, results, and passion – an approach that has fostered innovation and improvement. Dealings with partners, lenders, vendors, neighbors, tenants, sellers, and buyers are conducted with the highest integrity, respect, moral and ethical standards. Reputation and word are infinitely more important than any transaction or negotiation. Alchemy Properties Inc. track record and reputation have enabled them to develop many projects in partnership with families and institutions who have entrusted them with their real estate. As an opportunistic hands-on real estate investor, considered best-in-class partners with a variety of institutional, family foundations, and high net-worth individuals as their repeat partners for many years and many projects. Preservation of capital, first and foremost, is emphasized at every point in an asset’s investment cycle Companies partner with those with whom they share a common vision and invest in each deal so that interests are always aligned.
