REIT that specializes in acquiring, owning, and operating multi-family residential and commercial properties in the New York metropolitan area.
Clipper Realty Inc. (NYSE: CLPR) operates as a fully self-administered and self-managed real estate firm specializing in the acquisition, ownership, management, operation, and enhancement of multifamily residential and commercial properties across the New York metropolitan area. Focused primarily on Manhattan and Brooklyn, Clipper Realty strategically positions itself within some of the most dynamic real estate markets in the United States.
Founded with a vision to optimize property performance through strategic repositioning and operational excellence, Clipper Realty aims to create long-term value for its shareholders while providing high-quality living and working environments for its tenants. The company leverages its deep local market expertise and strong industry relationships to identify and capitalize on opportunities that drive growth and maximize asset value.
Clipper Realty's portfolio includes a diverse range of properties, from luxury residential buildings to well-positioned commercial spaces, catering to a broad spectrum of tenant needs. By maintaining a disciplined approach to asset management and a commitment to superior tenant service, the company strives to sustain a competitive edge in New York City's dynamic real estate landscape.
With a track record of prudent investment and proactive management, Clipper Realty continues to expand its footprint while upholding its core values of integrity, innovation, and community stewardship. Through strategic acquisitions and targeted improvements, the company remains dedicated to enhancing the overall quality and profitability of its portfolio for the benefit of all stakeholders.