Company / Timeline
Founded in 1970, Rockrose Development Corp. is one of New York’s most pre-eminent and prolific developers. As an all-encompassing property owner, developer and manager, our visionary stance and commitment to excellence have established us as a leading force in New York real estate. With a hands-on management team who recognize the importance of exacting quality for demanding residential and commercial clients, the company continues to exceed expectations and create new standards. Henry Elghanayan carries on the family tradition with his son Justin.
Rockrose’s Construction Group is comprised of a team of highly-trained and experienced professionals who have collectively built exceptional residential and commercial buildings with several million square feet of space. We possess seasoned expertise in both adaptive reuse and “ground up” construction, and work closely with our consultants, subcontractors and Management Team creating projects with the end user in mind – all with an emphasis on quality and architectural excellence. The result is our impressive portfolio of thoughtfully-designed, award-winning buildings.
Development and Acquisition
Rockrose has developed 10,000 units of residential space, and has developed or acquired over three million square feet of office space. Many of our projects have received favorable public review in addition to coveted design awards by Landmarks and other governmental agencies at the City, State and Federal levels. Our vision continues with tomorrow's real estate developments on the planning table today.
Rockrose has over 40 years of experience adding value to our projects. This extensive record is recognized by our ability to raise capital on a consistent basis throughout a variety of market conditions. Lenders and equity sources alike have come to rely on our vast operational expertise, financial decision making abilities and conservative capital structure.