Artificial Intelligence
Builders Company
Developers/Zeckendorf Development
ZD
Zeckendorf DevelopmentNew York, United States · founded 1992 · 1 active markets
PRIVATE

Zeckendorf Development is a private New York developer creating ultra-luxury, for-sale residential condominiums and mixed-use urban properties. Its work serves affluent buyers, primarily in Manhattan, through ground-up construction, conversions, design leadership, entitlement work, and selected joint ventures with capital partners.

Years in business
34
founded 1992
LinkedIn headcount
12
employees, as shown on LinkedIn · 2026-10-15 · size band 11–50
Portfolio value
USD 10 billion gross sellout
July 12, 2022
Assets under management
null 8 million SQM
June 24, 2016
Units delivered
over 1,000 apartments
as the company states it
Projects last researched October 15, 2026
Every figure on this card was read out of a document.

Overview

Investor tear sheet

a summary of the tabs that follow · no rating of our own

Company dossier

Legal name
ZECKENDORF DEVELOPMENT, LLC1
Headquarters
445 Park Avenue, Suite 19021, New York1, US
Founded
19921
Entity type
PRIVATE1
Business model
offplan for sale1
Markets
1 market listed
What they build
Residential, for sale (2 of 3) · Retail (1 of 3) · Residential, for rent (1 of 3)
Full dossier in About →

Delivery record

1 date-assessed of 3 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 0 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
3
within the rolling ten-year window
Median delay
+16.0 mo
the middle of 1 scored project
Average delay
+16.0 mo
the same projects, pulled by the worst
Average time to deliver
—
1 delivered project with a dated start — needs 3
Worst slip
+16.0 mo
520 Park Avenue · +9.0 to +23.0
0
early or less than 6 months late
6 to 12 months late
0
yellow rows below
Over 12 months late
1
red rows below

Against other developers

1 date-assessed project here
Not enough info yet.
Projects and timelines in Track Record →

Resident experience

2 of 3 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
7.5/ 10
Weighted judgment across build and operations · from 2 of 2 rated buildings
Little structure evidence (0 of 2 buildings) — this rests mainly on whole-building and living reviews.
Structure & systems
—/ 10
Fabric, services, waterproofing, envelope · from 0 of 2 rated buildings
Management & living
—/ 10
Upkeep, response times, amenities, community · from 0 of 2 rated buildings

Against other developers

not enough rated buildings yet
Not enough rated buildings in United States yet to compare against.
Ratings by building →

Awards & recognition

  • RANKING Ranked May 23, 2018
    CityRealty 100 — top-performing condominium project · 15 Central Park West
    15 Central Park West, developed by Zeckendorf Development, ranked first in CityRealty’s reported comparison by average price per square foot for the period April 1, 2017 through March 31, 2018, and was also reported as leading the prior year’s comparison.
  • MILESTONE August 2008
    Most successful apartment building in the world · 15 Central Park West
    Vanity Fair reported that the Zeckendorfs’ 15 Central Park West sold out at the highest prices of any new building in New York and characterized its approximately $2 billion sellout as the most successful apartment building in the world.
All awards →

Risks & source coverage

  • FINANCIAL DISTRESS Loan maturity reported September 6, 2022; pre-foreclosure reported March 15, 2023; foreclosure judgment reported May 24, 2024 A joint venture that included Zeckendorf Development, Fortress, Global Holdings and Madison Capital defaulted on a $125 million loan secured by the retail condominium at 1880 Broadway/15 Central Park West after the loan matured; a New York court later entered a $132 million foreclosure judgment against the ownership group. The reported matter concerns the project joint venture, not a general default by Zeckendorf Development itself.
  • ALLEGATION Lawsuit reported March 25, 2025; motion to dismiss reported May 27, 2025 A buyer sued Zeckendorf principals over an alleged failure to disclose plans for a neighboring Extell tower that could obstruct the 520 Park Avenue penthouse's Central Park views and sought rescission and damages; Zeckendorf's attorneys denied the allegations, called the case buyer's remorse, and moved to dismiss, and the retrieved reporting does not establish that the allegations were proven.
  • LEGAL Underlying purchase dispute from 2017–2019; competing lawsuits reported October 14, 2022 In a dispute over a 520 Park Avenue purchase, buyers alleged that Zeckendorf failed to resolve noise from an adjacent mechanical room or conduct an adequate operating sound test before closing; after the buyers declined to close, Zeckendorf sued for $10 million and the buyers countersued for return of their $8.5 million deposit. The report records competing claims and does not establish a final outcome.
  • 3 more in Risk & Sources
Record status
active
Company sources
108 source entries across 108 fields
Projects tracked
3 · 3 completed in assessment
All flags and sources →

Track Record

Delivery record

1 date-assessed of 3 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 0 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
3
within the rolling ten-year window
Median delay
+16.0 mo
the middle of 1 scored project
Average delay
+16.0 mo
the same projects, pulled by the worst
Average time to deliver
—
1 delivered project with a dated start — needs 3
Worst slip
+16.0 mo
520 Park Avenue · +9.0 to +23.0
0
early or less than 6 months late
6 to 12 months late
0
yellow rows below
Over 12 months late
1
red rows below

Against other developers

1 date-assessed project here
Not enough info yet.

Construction start to handover

3 of 3 projects dated · 1 place
Based on covered projects with documented construction or launch dates and available handover dates. Timelines vary by project and may not represent the developer’s full portfolio.
Construction start, or the launchTarget completion (window)Completion or handover, as reportedCurrently statedLaunch year only, no date publishedEarly or ≤6 mo lateOver 6–12 mo lateOver 12 mo lateStalled
New York, United States
2015201620172018201920202021202220232024202520262027todayNEW YORK, UNITED STATES−3.5 moestimated+4 moestimated+16 moverified
Click a row in the chart to open a project, or a table row below to see its sources. The chart runs wider than the page where the record spans many years — scroll it sideways to follow a project to its handover. Every date we have is drawn. A hollow marker is only a launch year, not a date anyone published. No dates published means we looked and found none; dates not yet checked means we have not looked yet. Handing over is not finished — rows say which. A delay is shown when one source gives the promised date and another gives the real one, however rough: "2019" still counts, and the row shows how wide that is. Projects missing one of the two dates, or with sources that disagree, are left out of the figures.

Building & Livability Ratings

Resident experience

2 of 3 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
7.5/ 10
Weighted judgment across build and operations · from 2 of 2 rated buildings
Little structure evidence (0 of 2 buildings) — this rests mainly on whole-building and living reviews.
Structure & systems
—/ 10
Fabric, services, waterproofing, envelope · from 0 of 2 rated buildings
Management & living
—/ 10
Upkeep, response times, amenities, community · from 0 of 2 rated buildings

Against other developers

not enough rated buildings yet
Not enough rated buildings in United States yet to compare against.

By building

2 rated · 1 not rated · scale 1–10
ProjectOverallStructure & systemsManagement & living
520 Park AvenueUpper East Side, New York34 units
7.7/ 10
—/ 10
—/ 10

Google Reviews/Maps is the only located published review aggregate for the building: 5/5 from two reviews, which converts to 10/10 on the stated curve. Because the review base is below ten, the final score is kept within one point of 6.5, yielding 7.5; no commentary adjustment is supported because no written review themes were available.

No resident review text located for 520 Park Avenue discussed framework, plumbing, HVAC, electrical systems, leaks, or waterproofing. A separate city-record summary reports no open housing-code violations, but that is a records finding rather than a resident review or a published building-condition rating.

The located review aggregate shows 5.0/5 from two reviews, but no written operational comments were available to assess management speed, staff attitude, security, upkeep, or amenities. Other building-review pages explicitly say there are no tenant reviews yet, so the day-to-day picture remains uncertain and should not be inferred from the small aggregate.

115 East 55th StreetMidtown East, New York58 units
7.4/ 10
—/ 10
—/ 10

Apartments.com publishes a 5.0/5 building rating based on one verified resident review, but the scoring rules require fewer than three written reviews to return a null score when no eligible anchor exists. No additional eligible building review aggregate with at least 10 reviews was located.

+ High-quality construction and finishes+ Well-equipped fitness center
− Closed sewage-odor complaint in 2024
+ Extraordinary super and front-desk service+ Well-equipped fitness center+ Fantastic location+ 24-hour attended lobby and doorman+ Resident lounge, meeting rooms and garden

The only resident review described “very high quality construction and finishes” throughout the building and apartments. Separately, the building record reports a 2024 indoor-air-quality complaint for “Sewage Odor,” marked closed; this is a city-record condition report, not a resident review, and does not establish a continuing defect as of October 15, 2026.

The one verified resident praised the “Fantastic” building and location, an “especially well equipped fitness center,” and “Extraordinary service from the super, and the front desk staff.” Property descriptions also document a 24-hour attended lobby, resident lounge, meeting rooms, fitness center and garden, but these are amenities descriptions rather than additional resident-review evidence.

Only buildings that have reached handover are rated. 1 of 3 projects carries no rating: a building still under construction is never asked about, one that has just been handed over may not have been reached yet, and the rest were asked about and no published resident commentary was found. Structure is fixed at handover and stays the developer's; management and living belongs to whoever runs the building now. The overall verdict weights both rather than averaging them. None of this is checked: a rating is what people published about a building, aggregated — it is not evidence, it cannot move a delay figure, and it is not part of the delivery record above.

About

Company dossier

Legal name
ZECKENDORF DEVELOPMENT, LLC
Headquarters
445 Park Avenue, Suite 1902, New York, US
10022
Founded
1992
New York City, US
Entity type
PRIVATE
Revenue
not published
Business model
offplan for sale

Partners

5 partners
Atlas Capital Group
joint venture

Atlas is Zeckendorf's joint-venture partner in the West Village/St. John's Terminal residential development.

The Baupost Group
funder

Baupost is part of the joint venture for the West Village development and participated in its financing structure.

Blackstone
funder

Blackstone provided a $322 million financing package for land acquisition and pre-development work.

COOKFOX
partner

COOKFOX is the architect for the planned West Village residential property.

Global Holdings
joint venture

Global Holdings partnered with Zeckendorf on 520 Park Avenue.

Sources: partners

PRESS2022-07-12

Newmark Secures Financing for Joint Venture's Planned $1.25 Billion, Generational West Village Condo Development

Newmark Group, Inc. · carried by prnewswire.com
The joint venture—Zeckendorf Development ("Zeckendorf"), Atlas Capital Group ("Atlas") and The Baupost Group—secured a $322 million financing package from Blackstone.
value seen: Atlas Capital Group
https://www.prnewswire.com/news-releases/newmark-secures-financing-for-joint-ventures-planned-1-25-billion-generational-west-village-condo-development-301585235.html

Sources: partners

PRESS2022-07-12

Newmark Secures Financing for Joint Venture's Planned $1.25 Billion, Generational West Village Condo Development

Newmark Group, Inc. · carried by prnewswire.com
The joint venture—Zeckendorf Development ("Zeckendorf"), Atlas Capital Group ("Atlas") and The Baupost Group—secured a $322 million financing package from Blackstone.
value seen: The Baupost Group
https://www.prnewswire.com/news-releases/newmark-secures-financing-for-joint-ventures-planned-1-25-billion-generational-west-village-condo-development-301585235.html

Sources: partners

PRESS2022-07-12

Newmark Secures Financing for Joint Venture's Planned $1.25 Billion, Generational West Village Condo Development

Newmark Group, Inc. · carried by prnewswire.com
The joint venture—Zeckendorf Development ("Zeckendorf"), Atlas Capital Group ("Atlas") and The Baupost Group—secured a $322 million financing package from Blackstone.
value seen: Blackstone
https://www.prnewswire.com/news-releases/newmark-secures-financing-for-joint-ventures-planned-1-25-billion-generational-west-village-condo-development-301585235.html

Sources: partners

PRESS2022-07-12

Newmark Secures Financing for Joint Venture's Planned $1.25 Billion, Generational West Village Condo Development

Newmark Group, Inc. · carried by prnewswire.com
The project is a rare opportunity, which will ultimately create a skyline-defining residential property designed by renowned architect COOKFOX.
value seen: COOKFOX
https://www.prnewswire.com/news-releases/newmark-secures-financing-for-joint-ventures-planned-1-25-billion-generational-west-village-condo-development-301585235.html

Sources: partners

PRESS2016-03-01

520 Park Avenue NYC | Zeckendorf Development

The Real Deal
At 520 Park, the brothers are partnered with Global Holdings, run by Monaco-based private investor Eyal Ofer
value seen: Global Holdings
https://therealdeal.com/magazine/new-york-march-2016/can-the-zeckendorfs-break-the-mold-again/

Registrations & licences

COMPANY NUMBER3061845
New York Department of State · US · active
Jurisdiction-agnostic: a DLD number, a Companies House number and a state RERA registration all land in the same table.

Contact

Markets

1 countries
United Statesactive 3 projects tracked

What they build

3 types
Residential, for sale2 of 3
Retail1 of 3
Residential, for rent1 of 3
A project counts once under each type it carries, so the shares add to more than the project count.

Management

Principals & executives

6 names found
AW
Arthur William Zeckendorf
Arthur William Zeckendorf is an owner, founder and co-chairman of Zeckendorf Development. The company biography says he has been involved in New York residential real-estate development and management since 1981 and identifies his work across major projects including 520 Park Avenue and 15 Central Park West.
Current title
Owner, founder and co-chairman
Experience
40+ years in new york residential real estate
Companies before
none sourced
Education
Tufts UniversityB.A.
Other boards
Co-chairman, Terra Holdings, LLC
Known for
OwnerFounderCo-chairman$4B+ developed
https://www.linkedin.com/in/arthurzeckendorf

Sources: degree

OTHERdate not shown in source

Arthur W. Zeckendorf ’77, P‘05,‘07

St. Paul's School · carried by sps.edu
Education Tufts University, B.A.
value seen: B.A.
https://www.sps.edu/about/leadership/board-of-trustees/arthur-w-zeckendorf-77-p0507

Sources: institution

OTHERdate not shown in source

Arthur W. Zeckendorf ’77, P‘05,‘07

St. Paul's School · carried by sps.edu
Education Tufts University, B.A.
value seen: Tufts University
https://www.sps.edu/about/leadership/board-of-trustees/arthur-w-zeckendorf-77-p0507

Sources: full name

COMPANYdate not shown in source

Arthur Zeckendorf, Co-Chairman, Brown Harris Stevens

Brown Harris Stevens · carried by bhsusa.com
Arthur William Zeckendorf is an owner, founder and co-chairman of Zeckendorf Development, LLC
value seen: Arthur William Zeckendorf
https://www.bhsusa.com/bhs-leadership/arthur-zeckendorf

Sources: linkedin page

SOCIAL2026-09-10

Arthur Zeckendorf

LinkedIn
Partner at Zeckendorf Development
value seen: https://www.linkedin.com/in/arthurzeckendorf
https://www.linkedin.com/in/arthurzeckendorf

Sources: other boards

COMPANYdate not shown in source

Arthur Zeckendorf, Co-Chairman, Brown Harris Stevens

Brown Harris Stevens · carried by bhsusa.com
Arthur William Zeckendorf is an owner, founder and co-chairman of Zeckendorf Development, LLC and Co-Chairman Terra Holdings, LLC
value seen: Co-chairman, Terra Holdings, LLC
https://www.bhsusa.com/bhs-leadership/arthur-zeckendorf

Sources: summary

COMPANYdate not shown in source

Arthur Zeckendorf, Co-Chairman, Brown Harris Stevens

Brown Harris Stevens · carried by bhsusa.com
Arthur W. Zeckendorf has been involved in New York residential real estate development and managing real estate companies since 1981.
value seen: involved in New York residential real estate development and managing real estate companies since 1981
value paraphrased from this source
https://www.bhsusa.com/bhs-leadership/arthur-zeckendorf

Sources: tags

COMPANYdate not shown in source

Arthur Zeckendorf, Co-Chairman, Brown Harris Stevens

Brown Harris Stevens · carried by bhsusa.com
Arthur William Zeckendorf is an owner, founder and co-chairman of Zeckendorf Development, LLC
value seen: owner
value paraphrased from this source
https://www.bhsusa.com/bhs-leadership/arthur-zeckendorf

Sources: tags

COMPANYdate not shown in source

Arthur Zeckendorf, Co-Chairman, Brown Harris Stevens

Brown Harris Stevens · carried by bhsusa.com
Arthur William Zeckendorf is an owner, founder and co-chairman of Zeckendorf Development, LLC
value seen: founder
value paraphrased from this source
https://www.bhsusa.com/bhs-leadership/arthur-zeckendorf

Sources: tags

COMPANYdate not shown in source

Arthur Zeckendorf, Co-Chairman, Brown Harris Stevens

Brown Harris Stevens · carried by bhsusa.com
Arthur William Zeckendorf is an owner, founder and co-chairman of Zeckendorf Development, LLC
value seen: co-chairman
value paraphrased from this source
https://www.bhsusa.com/bhs-leadership/arthur-zeckendorf

Sources: tags

COMPANYdate not shown in source

Arthur Zeckendorf, Co-Chairman, Brown Harris Stevens

Brown Harris Stevens · carried by bhsusa.com
Arthur W. Zeckendorf has been involved in New York residential real estate development and managing real estate companies since 1981.
value seen: since 1981
https://www.bhsusa.com/bhs-leadership/arthur-zeckendorf

Sources: tags

COMPANYdate not shown in source

Arthur Zeckendorf, Co-Chairman, Brown Harris Stevens

Brown Harris Stevens · carried by bhsusa.com
Along with his brother, William Lie Zeckendorf, Arthur W. Zeckendorf, through Zeckendorf Development, LLC has developed over $4 Billion of properties.
value seen: $4 Billion
https://www.bhsusa.com/bhs-leadership/arthur-zeckendorf

Sources: title

COMPANYdate not shown in source

Arthur Zeckendorf, Co-Chairman, Brown Harris Stevens

Brown Harris Stevens · carried by bhsusa.com
Arthur William Zeckendorf is an owner, founder and co-chairman of Zeckendorf Development, LLC
value seen: owner, founder and co-chairman
https://www.bhsusa.com/bhs-leadership/arthur-zeckendorf
WL
William L. Zeckendorf
William L. Zeckendorf is an owner, founder and co-chairman of Zeckendorf Development. His published biography says he co-founded the firm with his brother in 1992, oversees Terra Holdings’ operating divisions with a residential-brokerage focus, and has helped develop approximately $4.0 billion of property.
Current title
Owner, founder and co-chairman
since 1992
Experience
no career length stated
Companies before
none sourced
Education
Tufts University
Harvard Business School
Other boards
Co-chairman, Terra Holdings, LLCBoard of Directors, Jazz at Lincoln Center
Known for
OwnerFounderCo-chairmanFounded 1992$4.0B developed
Architecture. We start with architecture and then the brand follows. The Seventh Art March 1, 2023https://www.theseventhart.com/constructing-history-in-new-york-city-an-interview-with-william-l-zeckendorf/
Development is a top-down business, only about 15 professionals…whereas in Terra Holdings, which has grown to be 3,000 professionals across seven states, it’s very much a listening business. Inman April 7, 2016https://www.inman.com/2016/04/07/zeckendorf-forecasts-strong-demand-2016/

Sources: institution

COMPANY2020-08-05

William Lie Zeckendorf | BHS

Brown Harris Stevens · carried by bhscommercial.com
He is a 1980 graduate of Tufts University, and 1984 graduate of the Harvard Business School.
value seen: Tufts University
value paraphrased from this source
https://bhscommercial.com/team/william-lie-zeckendorf

Sources: institution

COMPANY2020-08-05

William Lie Zeckendorf | BHS

Brown Harris Stevens · carried by bhscommercial.com
He is a 1980 graduate of Tufts University, and 1984 graduate of the Harvard Business School.
value seen: Harvard Business School
value paraphrased from this source
https://bhscommercial.com/team/william-lie-zeckendorf

Sources: full name

COMPANY2020-08-05

William Lie Zeckendorf | BHS

Brown Harris Stevens · carried by bhscommercial.com
William L. Zeckendorf is owner, founder and co-chairman of Zeckendorf Development, LLC
value seen: William L. Zeckendorf
https://bhscommercial.com/team/william-lie-zeckendorf

Sources: other boards

COMPANY2020-08-05

William Lie Zeckendorf | BHS

Brown Harris Stevens · carried by bhscommercial.com
William L. Zeckendorf is owner, founder and co-chairman of Zeckendorf Development, LLC, as well as co-chairman of Terra Holdings, LLC
value seen: Co-chairman of Terra Holdings, LLC
https://bhscommercial.com/team/william-lie-zeckendorf

Sources: other boards

COMPANY2020-08-05

William Lie Zeckendorf | BHS

Brown Harris Stevens · carried by bhsusa.com
Mr. Zeckendorf currently serves on the Board of Directors of Jazz at Lincoln Center.
value seen: Board of Directors of Jazz at Lincoln Center
https://www.bhsusa.com/bhs-leadership/william-zeckendorf

Sources: quote

PRESS2023-03-01

Constructing history in New York City!

The Seventh Art
Architecture. We start with architecture and then the brand follows.
value seen: Architecture. We start with architecture and then the brand follows.
https://www.theseventhart.com/constructing-history-in-new-york-city-an-interview-with-william-l-zeckendorf/

Sources: quote

PRESS2016-04-07

Zeckendorf Forecasts Strong NYC Demand For 2016

Inman
Development is a top-down business, only about 15 professionals…whereas in Terra Holdings, which has grown to be 3,000 professionals across seven states, it’s very much a listening business.
value seen: Development is a top-down business, only about 15 professionals…whereas in Terra Holdings, which has grown to be 3,000 professionals across seven states, it’s very much a listening business.
https://www.inman.com/2016/04/07/zeckendorf-forecasts-strong-demand-2016/

Sources: since

COMPANY2020-08-05

William Lie Zeckendorf | BHS

Brown Harris Stevens · carried by bhscommercial.com
Co-founding Zeckendorf Development with his brother in 1992
value seen: 1992
https://bhscommercial.com/team/william-lie-zeckendorf

Sources: summary

COMPANY2020-08-05

William Lie Zeckendorf | BHS

Brown Harris Stevens · carried by bhscommercial.com
The Zeckendorfs have developed approximately $4.0 billion in properties during their careers.
value seen: developed approximately $4.0 billion in properties
https://bhscommercial.com/team/william-lie-zeckendorf

Sources: tags

COMPANY2020-08-05

William Lie Zeckendorf | BHS

Brown Harris Stevens · carried by bhscommercial.com
William L. Zeckendorf is owner, founder and co-chairman of Zeckendorf Development, LLC
value seen: owner
value paraphrased from this source
https://bhscommercial.com/team/william-lie-zeckendorf

Sources: tags

COMPANY2020-08-05

William Lie Zeckendorf | BHS

Brown Harris Stevens · carried by bhscommercial.com
William L. Zeckendorf is owner, founder and co-chairman of Zeckendorf Development, LLC
value seen: founder
value paraphrased from this source
https://bhscommercial.com/team/william-lie-zeckendorf

Sources: tags

COMPANY2020-08-05

William Lie Zeckendorf | BHS

Brown Harris Stevens · carried by bhscommercial.com
William L. Zeckendorf is owner, founder and co-chairman of Zeckendorf Development, LLC
value seen: co-chairman
value paraphrased from this source
https://bhscommercial.com/team/william-lie-zeckendorf

Sources: tags

COMPANY2020-08-05

William Lie Zeckendorf | BHS

Brown Harris Stevens · carried by bhscommercial.com
Co-founding Zeckendorf Development with his brother in 1992
value seen: Founded 1992
value paraphrased from this source
https://bhscommercial.com/team/william-lie-zeckendorf

Sources: title

COMPANY2020-08-05

William Lie Zeckendorf | BHS

Brown Harris Stevens · carried by bhscommercial.com
William L. Zeckendorf is owner, founder and co-chairman of Zeckendorf Development, LLC
value seen: owner, founder and co-chairman
https://bhscommercial.com/team/william-lie-zeckendorf
AW
Arthur William Zeckendorf III
Arthur William Zeckendorf III (“Artie”) is a partner in the family development firm and a next-generation operator. Independent reporting says he returned to Zeckendorf Development as a partner in 2017 after JPMorgan Chase’s Global Real Assets division, and that he was instrumental in bringing the family into the 80 Clarkson project and responsible for its execution.
Current title
Partner
since 2017
Experience
no career length stated
Companies before
JPMorgan ChaseAEW Capital Management
Education
Tufts UniversityInternational Relations and Economics
Columbia Business SchoolMBA
Other boards
none sourced
Known for
PartnerNext-generation leaderEx-JPMorgan ChaseMBA80 Clarkson
https://www.linkedin.com/in/arthurzeckendorf

Sources: degree

PRESS2025-07-01

At 80 Clarkson, a Zeckendorf Handoff

The Real Deal
He studied international relations and economics
value seen: International Relations and Economics
https://therealdeal.com/magazine/july-2025/artie-zeckendorf-profile/

Sources: institution

PRESS2025-07-01

At 80 Clarkson, a Zeckendorf Handoff

The Real Deal
Like his father, Artie went to Tufts.
value seen: Tufts University
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://therealdeal.com/magazine/july-2025/artie-zeckendorf-profile/

Sources: degree

PRESS2025-07-01

At 80 Clarkson, a Zeckendorf Handoff

The Real Deal
He got his MBA at Columbia University in 2015
value seen: MBA
https://therealdeal.com/magazine/july-2025/artie-zeckendorf-profile/

Sources: institution

PRESS2025-07-01

At 80 Clarkson, a Zeckendorf Handoff

The Real Deal
He got his MBA at Columbia University in 2015
value seen: Columbia Business School
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://therealdeal.com/magazine/july-2025/artie-zeckendorf-profile/

Sources: full name

PRESS2025-07-01

At 80 Clarkson, a Zeckendorf Handoff

The Real Deal
Arthur William Zeckendorf III — Artie, 38 —
value seen: Arthur William Zeckendorf III
https://therealdeal.com/magazine/july-2025/artie-zeckendorf-profile/

Sources: previous companies

PRESS2025-07-01

At 80 Clarkson, a Zeckendorf Handoff

The Real Deal
JPMorgan Chase’s Global Real Assets division hired him.
value seen: JPMorgan Chase
https://therealdeal.com/magazine/july-2025/artie-zeckendorf-profile/

Sources: previous companies

SOCIAL2026-09-10

Arthur Zeckendorf

LinkedIn
Associate at AEW Capital Management
value seen: AEW Capital Management
https://www.linkedin.com/in/arthurzeckendorf

Sources: quote

PRESS2025-07-01

At 80 Clarkson, a Zeckendorf Handoff

The Real Deal
“I give Artie a lot of credit,” the source said. “This was his deal.”
value seen: This was his deal.
https://therealdeal.com/magazine/july-2025/artie-zeckendorf-profile/

Sources: since

PRESS2025-07-01

At 80 Clarkson, a Zeckendorf Handoff

The Real Deal
In 2017, he returned to Zeckendorf Development as a partner.
value seen: 2017
https://therealdeal.com/magazine/july-2025/artie-zeckendorf-profile/

Sources: summary

PRESS2025-07-01

At 80 Clarkson, a Zeckendorf Handoff

The Real Deal
another source said for the Zeckendorfs, he’s been “managing director, for lack of a better term,” noting, “this was Artie’s responsibility to execute.”
value seen: responsibility to execute
value paraphrased from this source
https://therealdeal.com/magazine/july-2025/artie-zeckendorf-profile/

Sources: tags

PRESS2025-07-01

At 80 Clarkson, a Zeckendorf Handoff

The Real Deal
In 2017, he returned to Zeckendorf Development as a partner.
value seen: partner
value paraphrased from this source
https://therealdeal.com/magazine/july-2025/artie-zeckendorf-profile/

Sources: tags

PRESS2025-07-01

At 80 Clarkson, a Zeckendorf Handoff

The Real Deal
the project served as the coming-out party for the next generation to continue the family’s history
value seen: next-generation leader
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://therealdeal.com/magazine/july-2025/artie-zeckendorf-profile/

Sources: tags

PRESS2025-07-01

At 80 Clarkson, a Zeckendorf Handoff

The Real Deal
JPMorgan Chase’s Global Real Assets division hired him.
value seen: Ex-JPMorgan Chase
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://therealdeal.com/magazine/july-2025/artie-zeckendorf-profile/

Sources: tags

PRESS2025-07-01

At 80 Clarkson, a Zeckendorf Handoff

The Real Deal
He got his MBA at Columbia University in 2015
value seen: MBA
value paraphrased from this source
https://therealdeal.com/magazine/july-2025/artie-zeckendorf-profile/

Sources: tags

PRESS2025-07-01

At 80 Clarkson, a Zeckendorf Handoff

The Real Deal
Artie was instrumental in bringing the family in once it was clear that they were Atlas Capital’s top choice to partner and develop one of the most sought-after plots of land in the city.
value seen: 80 Clarkson
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://therealdeal.com/magazine/july-2025/artie-zeckendorf-profile/

Sources: title

PRESS2025-07-01

At 80 Clarkson, a Zeckendorf Handoff

The Real Deal
In 2017, he returned to Zeckendorf Development as a partner.
value seen: partner
https://therealdeal.com/magazine/july-2025/artie-zeckendorf-profile/
KA
Kathryn A. Brandvold
Kathryn A. Brandvold is CFO and senior vice president at Zeckendorf Development. Her professional profile describes responsibility for accounting, asset management, finance, reporting, budgeting, underwriting and joint-venture liaison work, including financing for major Manhattan luxury projects.
Current title
CFO and Senior Vice President
since March 1992
Experience
25+ years real estate
Companies before
none sourced
Education
Washington and Lee UniversityBachelor of Business Administration
Other boards
none sourced
Known for
CFOSenior vice presidentFinance$2B+ financing
https://linkedin.com/in/kathryn-a-brandvold-08a55913

Sources: degree

DIRECTORYdate not shown in source

Kathryn A. Brandvold

ContactOut
Washington and Lee University, Bachelor of Business Administration - BBA
value seen: Bachelor of Business Administration
https://contactout.com/kathryn-a-brandvold-62579

Sources: institution

DIRECTORYdate not shown in source

Kathryn A. Brandvold

ContactOut
Washington and Lee University, Bachelor of Business Administration - BBA
value seen: Washington and Lee University
https://contactout.com/kathryn-a-brandvold-62579

Sources: full name

SOCIAL2026-09-25

Kathryn A. Brandvold

LinkedIn
CFO and Senior Vice President at ZECKENDORF DEVELOPMENT, LLC
value seen: Kathryn A. Brandvold
held out of the figures · the quote does not carry this value
https://linkedin.com/in/kathryn-a-brandvold-08a55913

Sources: since

SOCIAL2026-09-25

Kathryn A. Brandvold

LinkedIn
CFO and Senior Vice President - ZECKENDORF DEVELOPMENT, LLC (Current) Mar 1992 - Present
value seen: Mar 1992 - Present
https://linkedin.com/in/kathryn-a-brandvold-08a55913

Sources: summary

SOCIAL2026-09-25

Kathryn A. Brandvold

LinkedIn
Responsible for all financial reporting, budget preparation (for both new construction and stable assets), and analysis and underwriting of potential new deals.
value seen: Responsible for all financial reporting, budget preparation
value paraphrased from this source
https://linkedin.com/in/kathryn-a-brandvold-08a55913

Sources: tags

SOCIAL2026-09-25

Kathryn A. Brandvold

LinkedIn
CFO and Senior Vice President at ZECKENDORF DEVELOPMENT, LLC
value seen: CFO
value paraphrased from this source
https://linkedin.com/in/kathryn-a-brandvold-08a55913

Sources: tags

SOCIAL2026-09-25

Kathryn A. Brandvold

LinkedIn
CFO and Senior Vice President at ZECKENDORF DEVELOPMENT, LLC
value seen: Senior vice president
value paraphrased from this source
https://linkedin.com/in/kathryn-a-brandvold-08a55913

Sources: tags

SOCIAL2026-09-25

Kathryn A. Brandvold

LinkedIn
Senior real estate executive with over 25 years of experience in the management and development of major luxury real estate projects in Manhattan.
value seen: 25+ years real estate
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://linkedin.com/in/kathryn-a-brandvold-08a55913

Sources: tags

SOCIAL2026-09-25

Kathryn A. Brandvold

LinkedIn
I have coordinated all project financing and led teams that have successfully closed over $2B (two billion) dollars in conventional and non-conventional financing.
value seen: $2B+ financing
held out of the figures · the quote does not carry this value
https://linkedin.com/in/kathryn-a-brandvold-08a55913

Sources: title

SOCIAL2026-09-25

Kathryn A. Brandvold

LinkedIn
CFO and Senior Vice President at ZECKENDORF DEVELOPMENT, LLC
value seen: CFO and Senior Vice President
https://linkedin.com/in/kathryn-a-brandvold-08a55913
HB
Henry Bethray
Henry Bethray is director of construction and development at Zeckendorf Development. His professional profile places him in the firm’s project-management function and records earlier project-management work on the 520 Park Avenue residential high-rise project; it also identifies prior work at Lendlease.
Current title
Director of Construction and Development
since November 2021
Experience
no career length stated
Companies before
Lendlease
Education
Columbia UniversityB.S. Civil Engineering
Other boards
none sourced
Known for
Construction and developmentProject managementEx-LendleaseCivil engineering
https://linkedin.com/in/henry-bethray-5b875611

Sources: degree

SOCIAL2026-09-11

Henry Bethray

LinkedIn
B.S. Civil Engineering at Columbia Engineering
value seen: B.S. Civil Engineering
https://linkedin.com/in/henry-bethray-5b875611

Sources: institution

SOCIAL2026-09-11

Henry Bethray

LinkedIn
B.S. Civil Engineering at Columbia Engineering
value seen: Columbia University
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://linkedin.com/in/henry-bethray-5b875611

Sources: full name

SOCIAL2026-09-11

Henry Bethray

LinkedIn
Director of Construction and Development at Zeckendorf Development, LLC
value seen: Henry Bethray
held out of the figures · the quote does not carry this value
https://linkedin.com/in/henry-bethray-5b875611

Sources: previous companies

SOCIAL2026-09-11

Henry Bethray

LinkedIn
Project Manager - Lendlease
value seen: Lendlease
https://linkedin.com/in/henry-bethray-5b875611

Sources: since

SOCIAL2026-09-11

Henry Bethray

LinkedIn
Director of Construction and Development - ZECKENDORF DEVELOPMENT, LLC (Current) Nov 2021 - Present
value seen: Nov 2021 - Present
https://linkedin.com/in/henry-bethray-5b875611

Sources: summary

SOCIAL2026-09-11

Henry Bethray

LinkedIn
Project Manager / Senior Project Manager for 520 Park Avenue residential high rise project for Zeckendorf Development in New York, NY
value seen: Project Manager / Senior Project Manager for 520 Park Avenue residential high rise project for Zeckendorf Development
value paraphrased from this source
https://linkedin.com/in/henry-bethray-5b875611

Sources: tags

SOCIAL2026-09-11

Henry Bethray

LinkedIn
Director of Construction and Development at Zeckendorf Development, LLC
value seen: Construction and development
value paraphrased from this source
https://linkedin.com/in/henry-bethray-5b875611

Sources: tags

SOCIAL2026-09-11

Henry Bethray

LinkedIn
Department: Project Management
value seen: Project management
value paraphrased from this source
https://linkedin.com/in/henry-bethray-5b875611

Sources: tags

SOCIAL2026-09-11

Henry Bethray

LinkedIn
Project Manager - Lendlease
value seen: Ex-Lendlease
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://linkedin.com/in/henry-bethray-5b875611

Sources: tags

SOCIAL2026-09-11

Henry Bethray

LinkedIn
B.S. Civil Engineering at Columbia Engineering
value seen: Civil engineering
https://linkedin.com/in/henry-bethray-5b875611

Sources: title

SOCIAL2026-09-11

Henry Bethray

LinkedIn
Director of Construction and Development - ZECKENDORF DEVELOPMENT, LLC (Current) Nov 2021 - Present
value seen: Director of Construction and Development
https://linkedin.com/in/henry-bethray-5b875611
PM
Paola Mayorga
Paola Mayorga is vice president of construction and development at Zeckendorf Development, in the company’s operations function. Her profile records the role from June 2022 and identifies graduate real-estate study at Georgetown and an undergraduate architecture degree with a civil-engineering minor from the University of Virginia.
Current title
Vice President of Construction and Development
since June 2022
Experience
no career length stated
Companies before
none sourced
Education
Georgetown University School of Continuing StudiesMaster's of Professional Studies, Real Estate
University of VirginiaBachelor of Science, Architecture; minor in Civil Engineering
Other boards
none sourced
Known for
Vice presidentConstruction and developmentOperationsReal estateArchitecture
https://linkedin.com/in/paolamayorga

Sources: degree

SOCIAL2026-09-07

Paola Mayorga

LinkedIn
Master's of Professional Studies, Real Estate at Georgetown University School of Continuing Studies
value seen: Master's of Professional Studies, Real Estate
https://linkedin.com/in/paolamayorga

Sources: institution

SOCIAL2026-09-07

Paola Mayorga

LinkedIn
Master's of Professional Studies, Real Estate at Georgetown University School of Continuing Studies
value seen: Georgetown University School of Continuing Studies
https://linkedin.com/in/paolamayorga

Sources: degree

SOCIAL2026-09-07

Paola Mayorga

LinkedIn
Bachelor of Science, Architecture (Minor, Civil Engineering) at University of Virginia
value seen: Bachelor of Science, Architecture; minor in Civil Engineering
held out of the figures · the quote does not carry this value
https://linkedin.com/in/paolamayorga

Sources: institution

SOCIAL2026-09-07

Paola Mayorga

LinkedIn
Bachelor of Science, Architecture (Minor, Civil Engineering) at University of Virginia
value seen: University of Virginia
https://linkedin.com/in/paolamayorga

Sources: full name

SOCIAL2026-09-07

Paola Mayorga

LinkedIn
Vice President of Construction and Development
value seen: Paola Mayorga
held out of the figures · the quote does not carry this value
https://linkedin.com/in/paolamayorga

Sources: since

SOCIAL2026-09-07

Paola Mayorga

LinkedIn
Vice President of Construction and Development - ZECKENDORF DEVELOPMENT, LLC (Current) Jun 2022 - Present
value seen: Jun 2022 - Present
https://linkedin.com/in/paolamayorga

Sources: summary

SOCIAL2026-09-07

Paola Mayorga

LinkedIn
Vice President of Construction and Development - ZECKENDORF DEVELOPMENT, LLC (Current) Jun 2022 - Present
value seen: Vice President of Construction and Development
value paraphrased from this source
https://linkedin.com/in/paolamayorga

Sources: tags

SOCIAL2026-09-07

Paola Mayorga

LinkedIn
Vice President of Construction and Development
value seen: Vice president
value paraphrased from this source
https://linkedin.com/in/paolamayorga

Sources: tags

SOCIAL2026-09-07

Paola Mayorga

LinkedIn
Vice President of Construction and Development
value seen: Construction and development
value paraphrased from this source
https://linkedin.com/in/paolamayorga

Sources: tags

SOCIAL2026-09-07

Paola Mayorga

LinkedIn
Department: Operations
value seen: Operations
value paraphrased from this source
https://linkedin.com/in/paolamayorga

Sources: tags

SOCIAL2026-09-07

Paola Mayorga

LinkedIn
Master's of Professional Studies, Real Estate at Georgetown University School of Continuing Studies
value seen: Real estate
value paraphrased from this source
https://linkedin.com/in/paolamayorga

Sources: tags

SOCIAL2026-09-07

Paola Mayorga

LinkedIn
Bachelor of Science, Architecture (Minor, Civil Engineering) at University of Virginia
value seen: Architecture
value paraphrased from this source
https://linkedin.com/in/paolamayorga

Sources: title

SOCIAL2026-09-07

Paola Mayorga

LinkedIn
Vice President of Construction and Development - ZECKENDORF DEVELOPMENT, LLC (Current) Jun 2022 - Present
value seen: Vice President of Construction and Development
https://linkedin.com/in/paolamayorga

Projects

Assessment coverage

Completed projects: 2016-10-15 through 2026-10-15. Initial research is capped at 10 completed projects and a separate delivery-risk search capped at 7 findings. Risk findings are not project assessment counts. Absence is not proof of a complete portfolio or no failures. Month-level dates overlapping a boundary are excluded from figures.

0 undated completions and 0 boundary-uncertain completions are retained but excluded from figures.

Stalled, cancelled & overdue projects

0 evidenced cases
The capped delivery-risk search ran; no project-level exception cases are recorded here. Risk findings are listed under Risks and are separate from assessed projects. This does not establish that the developer has no delivery failures.

Completed projects

3 projects
ProjectLocationTypeUnitsFloorsAreaCostPayment planLaunchedConstruction startOriginal targetHandoverDelayConfidenceStatus
The TreadwellNew York, United States
Upper East Side
residential for sale, retail66128125,000 sq ft——2023October 17, 2023Jan 2024 – Dec 2024Mar 2024−3.5 mo
(−9.0 to +2.0)
estimatedcompleted
115 East 55th StreetNew York, United States
Midtown East
residential for rent5811871,961 sq ft——2022July 21, 2022Mar 2022Jul 2022+4.0 mo
(+4.0 to +4.0)
estimatedcompleted
520 Park AvenueNew York, United States
Upper East Side
residential for sale34154200,000 sq ft——2015September 30 and October 1, 2015Jan 2017 – Apr 2017Jan 2018 – Dec 2018+16.0 mo
(+9.0 to +23.0)
sourcedcompleted
Click any row for the sources behind it. Cost basis matters: an estimated cost, a construction loan and a sale price are different numbers. Each row states which one it is, so they are never averaged together.

Awards

Awards & recognition

2 found
RANKING Ranked May 23, 2018
CityRealty 100 — top-performing condominium project · 15 Central Park West
15 Central Park West, developed by Zeckendorf Development, ranked first in CityRealty’s reported comparison by average price per square foot for the period April 1, 2017 through March 31, 2018, and was also reported as leading the prior year’s comparison.
MILESTONE August 2008
Most successful apartment building in the world · 15 Central Park West
Vanity Fair reported that the Zeckendorfs’ 15 Central Park West sold out at the highest prices of any new building in New York and characterized its approximately $2 billion sellout as the most successful apartment building in the world.

Risks

Risk flags

6 found
FINANCIAL DISTRESS Loan maturity reported September 6, 2022; pre-foreclosure reported March 15, 2023; foreclosure judgment reported May 24, 2024
A joint venture that included Zeckendorf Development, Fortress, Global Holdings and Madison Capital defaulted on a $125 million loan secured by the retail condominium at 1880 Broadway/15 Central Park West after the loan matured; a New York court later entered a $132 million foreclosure judgment against the ownership group. The reported matter concerns the project joint venture, not a general default by Zeckendorf Development itself.
ALLEGATION Lawsuit reported March 25, 2025; motion to dismiss reported May 27, 2025
A buyer sued Zeckendorf principals over an alleged failure to disclose plans for a neighboring Extell tower that could obstruct the 520 Park Avenue penthouse's Central Park views and sought rescission and damages; Zeckendorf's attorneys denied the allegations, called the case buyer's remorse, and moved to dismiss, and the retrieved reporting does not establish that the allegations were proven.
LEGAL Underlying purchase dispute from 2017–2019; competing lawsuits reported October 14, 2022
In a dispute over a 520 Park Avenue purchase, buyers alleged that Zeckendorf failed to resolve noise from an adjacent mechanical room or conduct an adequate operating sound test before closing; after the buyers declined to close, Zeckendorf sued for $10 million and the buyers countersued for return of their $8.5 million deposit. The report records competing claims and does not establish a final outcome.
FINANCIAL DISTRESS 2022-02-23 (publication; foreclosure auction January 2022)
The Hayworth at 1289 Lexington Avenue was a troubled Ceruzzi Development project that fell behind on its construction loan, was taken over by lender Children’s Investment Fund through a January 2022 foreclosure auction, and was then acquired by Zeckendorf Development; the reported distress preceded Zeckendorf’s acquisition and does not by itself establish parent liability.
PROJECT CANCELLED Event: January 1991; retrospective publication: January 14, 2010
The South Ferry Plaza project, developed by William Zeckendorf and partners, was cancelled after the city terminated the arrangement when the project missed its year-end financing deadline and a prospective major tenant failed to sign; the source is a retrospective account of the 1991 event and provides no evidence that the project was later revived.
PROJECT CANCELLED Event reported: August 1, 1960
William Zeckendorf’s proposed Manhattan hotel, announced for a 1961 opening, stalled after excavation because financing was insufficient; the lease was subsequently sold to Uris Building Corp., which planned a different office project, so the reported hotel was not delivered as proposed.

Record status

active
Coverageactive
Tracked sinceOctober 10, 2026
Last checkedOctober 15, 2026 this month
Profile last researchedOctober 15, 2026
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For informational purposes only. This information is not investment, financial or credit advice and should not be relied on for investment, lending or credit decisions. Records may be incomplete or outdated. Verify information independently and seek qualified advice before making a decision.