Stonehenge Management

Stonehenge Management

New York property management firm

Overview

Stonehenge Management is a real estate owner and property-management company focused on New York City apartments. The company manages residential buildings, leasing, resident service, maintenance, renovations, and property operations. It serves renters, residents, brokers, vendors, and real estate partners. Its operating model centers on vertically coordinated leasing, building operations, maintenance, and resident-experience teams. Teams work across property management, leasing, maintenance, construction, finance, marketing, and resident service. Its work connects residential real estate expertise with coordinated delivery for New York renters and residents.

About Stonehenge Management

Simplify's Rating
Why Stonehenge Management is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Real Estate

Company Size

N/A

Company Stage

N/A

Total Funding

N/A

Headquarters

New York City, New York

Founded

1994

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Simplify's Take

What believers are saying

  • Stonehenge bought The Henley with Carlyle in 2024, proving elite capital still backs it.
  • Stonehenge secured a $33.2 million JPMorgan refinance for 20 Park Avenue in April 2026.
  • Its 2023 RiverEast purchase and 2025-2026 leasing page show continued Upper East Side monetization.

What critics are saying

  • Ritz Plaza tenants accused Stonehenge of 50-80% renewal hikes, safety violations, and broken amenities.
  • Stonehenge Village faced Human Rights Commission discrimination claims over segregated amenities for older rent-regulated tenants.
  • RiverEast’s 2026 affordability expiration creates backlash risk if Stonehenge converts units to market-rate housing.

What makes Stonehenge Management unique

  • Ofer Yardeni built a Manhattan-focused multifamily platform with $3 billion of assets by 2016.
  • Stonehenge targets trophy Upper East Side and West Village rentals, including RiverEast and The Henley.
  • Macquarie Capital invested in Stonehenge NYC, validating the platform’s institutional appeal and scale.

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Company News

Hoodline
Nov 13th, 2024
Stonehenge NYC Expands Upper East Side Portfolio with $128M Acquisition of The Hanley Luxury Building

CIM Group sold the property to Stonehenge NYC, a real estate company with a sizeable footprint in the area.

Commercial Observer
Apr 20th, 2023
Stonehenge NYC Lands $80M for UES Apartment Building Purchase – Commercial Observer

Stonehenge NYC has scored about $80 million in acquisition financing for its purchase of the 32-story Upper East Side apartment tower at 408 East 92nd Street, according to a source with knowledge of the deal.

The Real Deal
Jan 25th, 2023
Stonehenge Pays $115M for UES Apartment Tower

The real estate management arm of Swiss bank UBS sold the 32-story, 196-unit RiverEast rental tower at 408 East 92nd Street to Ofer Yardeni’s Stonehenge NYC for $115 million, the Commercial Observer reported.

Law360
Jan 24th, 2023
Real Estate Rumors: UBS, Bridge Industrial, Amzak

Stonehenge NYC has purchased a New York apartment tower for roughly $115 million, Commercial Observer reported Tuesday, citing a source with knowledge of the matter.

PR Newswire
Aug 25th, 2022
Stonehenge Nyc Buys Luxury West Village Building 780 Greenwich Street

NEW YORK, Aug. 25, 2022 /PRNewswire/ -- Ofer Yardeni, Chairman and CEO of Stonehenge NYC, announced today that the company has closed on the purchase of 780 Greenwich Street, New York, New York. The six-story, 70,000 sq. ft. building, which contains 88 residential units, commands a full 148 sq. ft. blockfront in Manhattan's West Village. The property was built in 1950. 780 Greenwich

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