About Pan Brothers Associates Inc.

Company History

Pan Brothers Associates Inc. ("PBA") is a family-owned, full-service real estate development, management, and brokerage company founded by three brothers in 1972. The company began by acquiring residential andcommercial properties in Brooklyn, New York, creating value through strategic improvements and maximizing property revenues.

Over the years, PBA has expanded its platform to include larger-scale developments across the residential, commercial office, retail, and mixed-use sectors.

With over 60 years of real estate investment and management experience, PBA has developed a vertically integrated operating structure that enables the firm to conduct comprehensive due diligence and execute efficiently through its in-house team of professionals specializing in construction, design, retail leasing, sales, asset management, and property management. The principals also possess extensive experience in the acquisition, rehabilitation, and repositioning of historic and landmark-designated properties, successfully navigating the unique design, preservation, regulatory, and construction requirements associated with these complex assets.

In addition, the principals have cultivated longstanding relationships with regional and national banking institutions, providing the company with valuable access to capital markets, financing expertise, and transaction execution capabilities that support acquisitions, redevelopment opportunities, and ground-up development projects.

The company maintains a generational outlook on investing and typically pursues along-term buy-and-hold strategy. PBA focuses primarily on the acquisition and development of commercial and residential properties throughout high-growth markets in the United States. The firm targets assets that are attractively priced due to seller or property-level distress and seeks to generate long-term, stable returns through both current income and value creation.

Today, PBA and its affiliates own interests in a diverse portfolio of retail, commercial office, residential, hospitality, and land development projects throughout the Tri-State Area, leveraging decades of market knowledge, institutional relationships, and hands-on operating expertise to create enduring value across multiple real estate cycles.

Leadership

George Pantelidis

Co-Founder & Principal
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Peter Pantelidis

Co-Founder & Principal
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David Rizzuto

Vice President, Director of Operations
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William Reid

Chief Financial Officer
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Staff

George Koumniotis

Property Manager
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Steven Politis

Director of Leasing and Brokerage
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Callie Pantelidis

Associate Broker
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Nelson Aguilar

Staff Accountant
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Frequently Asked Questions

What is Pan Brothers Associates?

Pan Brothers Associates, Inc. is a family-owned, vertically integrated real estate development, management, and brokerage firm headquartered at 14 West 23rd Street in Manhattan. It was founded in Brooklyn, New York in 1972 by three brothers and owns, develops, and manages retail, office, residential, mixed-use, and land assets in Manhattan, Brooklyn, the Hamptons, and select U.S. growth markets.

When was Pan Brothers Associates founded?

Pan Brothers Associates was founded in 1972 in Brooklyn, New York, where it began by acquiring and improving residential and commercial buildings. The firm remains family-owned and is led by co-founders and principals George Pantelidis and Peter Pantelidis.

Does Pan Brothers Associates manage buildings for outside owners?

Yes. Pan Brothers Associates provides third-party property management for mixed-use, retail, and residential buildings in Manhattan and Brooklyn. Because the firm also owns and operates its own portfolio, it manages client assets with an owner's perspective, using in-house construction, leasing, and accounting teams plus technology-driven owner reporting.

Where does Pan Brothers Associates own property?

The Pan Brothers Associates portfolio is concentrated in New York City and eastern Long Island, including Bay Ridge, Park Slope, and Boerum Hill in Brooklyn; the Flatiron District, NoMad, Chelsea, and the Upper East Side in Manhattan; and Westhampton Beach and Southampton in the Hamptons. The firm also holds assets in select U.S. growth markets, including Youngstown, Ohio.

How do I lease retail or office space from Pan Brothers Associates?

Prospective tenants can contact the Pan Brothers Associates leasing and brokerage team at (212) 255-2000 or inquiries@panbrothers.com, or visit the office at 14 West 23rd Street, 5th Floor, New York, NY 10010. Steven Politis serves as Director of Leasing and Brokerage.

What kind of real estate investments does Pan Brothers Associates pursue?

Pan Brothers Associates pursues a long-term buy-and-hold strategy focused on well-located value-add assets, often priced attractively because of seller or property-level distress. The firm targets stable current income plus value creation across retail, commercial office, residential, hospitality, and land development, and takes a generational view on holding periods.

Contact Us

Whether you're an owner, tenant, or partner, we'd like to hear from you. Reach out and a member of our team will respond promptly.
ContacT uS
The Pan Brothers Associates team outside the firm's Manhattan office