Tahl Propp: Real Estate and Investment
About Tahl Propp
Serving New York City since 1997, Tahl Propp Equities is a premier development and real estate firm founded by Rodney Propp and Joseph Tahl. The firm specializes in real estate acquisition, investment and development. It owns a portfolio of four million square feet of residential, commercial and retail properties, including affordable housing units and condominium conversions. The company’s corporate tenant list features Morgan Stanley, Prudential Financial, UBS and Northern Trust.
Tahl Propp’s success can be attributed to the company’s tried-and-true formula of developing projects with a clearly defined operating strategy, targeted deployment of capital and superior management. Under the helm of Chairman Rodney Propp and President Joseph Tahl, Tahl Propp Equities continues to effect positive change in residential neighborhoods through the creation of affordable housing and the leasing of space to tenants who provide essential neighborhood services such as The Children’s Aid Society, Tribeca Pediatrics, Harlem Academy and Sunshine Day Care.
Ichiro Suzuki Moves into Former Propp Residence
Tahl Propp Equities has established itself as a premier Manhattan-based rental management company, with an emphasis on commercial and residential properties in Harlem. In addition to an impressive list of retail clients, Rodney Propp, the chairman of Tahl Propp, has drawn interest from the baseball community with the lease of his 111 Central Park North residence to New York Yankees Ichiro Suzuki.
Acquired in 2007, the full-floor residence was once listed for $9 million before it was rented to the popular outfielder. With nearly 5,500-square-feet of living space, the luxurious residence boasts six bedrooms, six and a half baths and offers sweeping views of Midtown and Central Park. The expansive apartment also features an eat-in kitchen with Viking appliances, two separate bedroom wings, walk in closets and a 100-foot terrace. Located near Yankee Stadium, Yankees players Alex Rodriguez and Derek Jeter had also expressed interest in renting the luxurious home.