A veteran real estate investor with a focus on multifamily properties, Irving Langer is the CEO of E&M Management, one of the largest rental property owners in New York. The company also has properties in New Jersey, Florida, Arizona, and Texas. Irving Langer has led the company since 1972, overseeing all property acquisitions, management, and sales.
In 2018, E&M began a move out of its core property holdings in cities in favor of properties outside the city. The company marked the move with dispositions of some of its urban properties. These included 50-building and 21-building portfolios, both located in Harlem.
E&M sold the 50-building portfolio to Sugar Hill Capital Partners for over $250 million. At the time of the sale, Sugar Hill Capital Partners CEO Jay Solomon said the company would leverage its strong expertise in integrating sustainability and preservation to steward the buildings with care.
For the 21-building portfolio in Harlem, E&M sold it to Isaac Kassirer for $85 million. The portfolio included 224 apartment units. E&M had bought the properties in 2014 for $66.7 million. Steven Vegh of Westwood Realty Associates brokered both of the deals.
Irving Langer 