The LeFrak Organization is a preeminent, family-owned property company committed to community development and long term ownership. Our principles, consistently applied, have strengthened and deepened the expertise that supports our real estate leadership.
Beyond property, LeFrak investments are geographically diverse and span many business sectors. We have significant investments in securities, private businesses and energy.
Commercial Observer
05 May 2026
The LeFrak Organization has acquired Related Group’s new waterfront rental tower in Fort Lauderdale, Fla., for $180 million, property records show. The 36-story building, called Harbour at New River, houses 337 apartments on a 1.4-acre site at 401 Southwest First Avenue, facing the New River, a block west of South Andrews Avenue. Northwestern Mutual Life Insurance Company supplied a $100 million acquisition loan.
The Real Deal
04 May 2026
New York-based LeFrak Organization bought the 36-story, 337-unit Harbour at New River Apartments at 401 Southwest First Avenue from Coconut Grove-based Related Group and New York-based Rabina Properties, according to records and real estate database Vizzda. The buyer financed the deal with a $100 million loan from Northwestern Mutual, with a 2036 maturity date. The purchase breaks down to about $534,000 per apartment.
South Florida Business Journal
04 May 2026
TRG New River, a partnership between Miami-based Related Group and New York-based Rabina Properties, sold the 337 apartments at 401 S.W. 1st Ave. to 10 companies affiliated with New York-based LeFrak Organization.
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