• Every day, Edison Properties helps nearly 60,000 people

  • Find just the right space - from 25 to 300,000 SF.

  • Manhattan Mini Storage
  • Edison PARKFAST
  • Ironside Newark
  • Hippodrome NYC
  • Workspace Offices
  • The Ludlow
  • ReadySet!

A real estate leader for
more than 60 years.

Edison Properties is a real estate leader based in Newark, New Jersey for more than 60 years. Founded in 1956 with one parking lot in Newark, the company is best known for operating businesses in specialized segments of real estate, with businesses including Manhattan Mini Storage and Edison ParkFast, as well as traditional and flexible office workspaces including The Hippodrome, a 625,000-square foot, Class A office building in midtown Manhattan. Edison Properties also built and manages The Ludlow, a 243-unit, 23-story apartment building on the Lower East Side of Manhattan.

The company has grown steadily and conservatively since its founding and now owns over 3 million square feet of property in Manhattan and several million square feet of land elsewhere in New York, New Jersey, and Maryland. Throughout all of its business operations, Edison employs approximately 600 people.

Our businesses

  • Manhattan Mini Storage

    Since 1978, Manhattan Mini Storage has acquired 17 warehouse buildings comprising more than 50,000 storage units throughout Manhattan. Visit site

  • Edison Parkfast

    Edison ParkFast is a leading parking company that owns the majority of the 40 lots and garages it operates in Manhattan, Brooklyn, Northern New Jersey and Baltimore. Visit site

  • Ironside Newark

    Ironside Newark is the newest central business hub for the growing and vibrant downtown area. Located at the corner of Edison Place and McCarter Highway in Newark, Ironside Newark is created from the adaptive reuse of a historic warehouse into a state-of-the art office and retail destination featuring more than 450,000 sq ft of retail and office space. Now under redevelopment, the building, which dates back to 1907, will provide unparalleled access to the region’s leading mass transit hub, Newark Penn Station, as well as an incomparable dark fiber optic network, dining and entertainment options and adjacent access to the new Mulberry Commons Park -- all amid a thriving urban landscape. Visit site

  • The Hippodrome

    The Hippodrome office building, at 1120 Avenue of the Americas, between 43rd and 44th Streets, was acquired by the Gottesman family in 1978. It operates as a premiere, Class A office building in the heart of Midtown Manhattan, with an impressive tenant list that includes: Chase Bank, TD Bank, American Express, Macy’s and BBC. A $55 million major modernization of the 21-story building was completed in 2006, positioning The Hippodrome among the most competitive office buildings in Midtown Visit site

  • Workspace

    WorkSpace Offices, located inside Edison-owned buildings at 131 Varick Street, in the Hudson Square area, and at 5030 Broadway, in Inwood, offers 206 quality units for a less formal but highly entrepreneurial group of users. Offices can accommodate between one and 20 people. Both buildings contain mini storage facilities as well and offer easy access to mass transit and parking. Visit site

  • The Ludlow

    The Ludlow, located at 188 Ludlow Street, between Houston and Stanton Streets, on the Lower East Side, contains 243 residential apartments spanning 23 stories. Completed in 2007, the building’s amenities include a resident’s lounge and billiards room, fitness center and yoga studio, concierge, state-of-the-art security system and building-wide wireless internet system. The building also houses a mini storage location. Visit site

  • ReadySet!

    ReadySet! is more than just office space; it’s a home base for our clients. We offer everything they need to grow their businesses and make them a success. ReadySet! is a world-class business community that provides inspiring space and exemplary service at the premier Hippodrome building. The offices range from single-occupant workspaces to 5,000 square-foot suites and feature an open plan that fosters networking, plus access to state-of-the-art conference rooms, on-site parking and event space. Visit site

Development

Assembling properties into development sites and planning buildings for the completed sites is a driving focus of Edison Properties’ principles and its professional team. Few other owners have the patience and capital to assemble the largest possible sites, and there is land sufficient for the development of more than 25 buildings on Edison’s existing properties.

While architects, engineers, mortgage lenders and building contractors are key parts of this process in urban areas, Edison Properties precedes all of them – visualizing locations with the size and versatility to accommodate future development. Edison then addresses the difficult task of acquiring a series of fragmented properties, gaining possession, clearing buildings and developing interim uses, such as surface parking, with the ultimate goal to create the largest possible development site. In addition, Edison is constantly engaged in the process of creating value by securing land use and zoning approvals for its existing and new properties.

Examples of the land assembly and site preparation process resulting in new buildings include:

Ironside Newark, Newark NJ Edison Properties is converting The Newark Warehouse–built in 1907–into Ironside Newark. The building features more than 450,000 square feet of loft-style office and retail space adjacent to the Prudential Center and Newark Penn Station. Ironside Newark will have two roof decks: a shared terrace with access to a rooftop conference and entertainment center for all office tenants and a private penthouse terrace for the 7th floor office tenant occupying the new 20-foot high glass addition. Construction is well underway with scheduled completion in the Fall of 2018.

88 Leonard Street, NYC 21-story, 350-unit apartment building at the corner of Broadway and Leonard Street. Edison assembled five properties over 27 years to create the maximum potential building site. It net leased the land to a developer/builder for 99 years and leased back the garage in the building for the same term.

188 Ludlow Street, NYC Edison built, owns and manages a 23-story, 243-unit apartment building at the corner of East Houston Street and Ludlow Street, extending to Essex Street.

245-251 West 28th Street Edison purchased four properties to create a 30,000-square-foot rectangular site between 28th and 29th Streets and 7th and 8th Avenue, in Manhattan, over a period of 26 years.