The LeFrak family has built up wealth over generations, and today, its name is all over New York City. Examples of this include a namesake recreation center in Brooklyn’s Prospect Park and an entire 20-building neighborhood developed by the family dynasty in the 1960s. Beginning in the 1980s, the LeFrak Organization was the main developer behind Newport, a mixed-use neighborhood in Jersey City, New Jersey.
Projects in the pipeline include SoLeMia, a 183-acre master planned community in Miami set to cost $4B and open next year. — Scott Klocksin