The Somerset Group is a privately held real estate investment, management and development organization headquartered in New York City.
On behalf of our investment and joint venture partners, we have acquired and manage over 2 million square feet of retail, commercial and residential properties and have developed more than 1 million square feet of luxury residential condominiums over the last 3 decades.
A family owned and operated firm, our philosophy of acquiring and developing product at the highest level of quality has ensured our continued profitability and success in an ever-changing marketplace. Our organization prides itself in seeking the highest caliber projects and affiliations to ensure our uncompromising commitment to excellence and integrity in the real estate arena.
Quality and Expertise
The key to our continued growth and sustained profitability stems from our proven track record and commitment to quality. Today, our core business model targets the acquisition of commercial office buildings with an emphasis on value-add opportunities, coupled with strategic “ground-up” and “adaptive re-use” multi-family, hotel and condominium development.
Our experienced principals and management team offer a full range of services in the form of in-house management, leasing, construction and development. Our professional team has a focused approach to implement strategic solutions to increase the value of our holdings through continued tenant improvements, reduction of operating expenses and long-term relationships with our tenants, clients, consultants and vendors.
We strive to consistently meet out goals of returning substantial shareholder value to our investment and joint venture partners. At the same time, we emphasize the importance of our outstanding partnerships with the most reputed nationwide brokerage firms, financial organizations, local communities and government entities.