One45 project in Harlem.

One45 project in Harlem.

​The Development Team & Companies

​The project is driven by a development partnership operating under the joint entity One 45 Lenox LLC:

  • ​Lead Developer & Primary Representative: Bruce Teitelbaum
    • ​Teitelbaum is a seasoned New York City real estate developer and attorney who previously served as Chief of Staff to former Mayor Rudy Giuliani. He and his wife, Suri Kasirer (a major NYC lobbyist), lead the development group.
    • ​Partner Entities & Developers:
      • ​LionFox Development (co-developer)
      • ​Coltown Properties (co-developer / real estate investment group)
      • ​Pointsfive (co-developer)
    • ​Architectural & Design Firm:
      • ​SHoP Architects — A major NYC-based architecture firm responsible for designing the three-building layout and high-rise structures.

    ​Key Financial Details & Scale

    • ​Estimated Total Project Cost: Estimated between $700 million and $1 billion for full site acquisition, environmental remediation, and construction of nearly 1 million square feet.

    • ​Total Square Footage: Approximately 935,000 to 1 million buildable square feet spread across three buildings (with the main towers rising 33 and 35 stories high).

    • ​Public Subsidies & Financing:
      • ​Tax Incentives: The financial viability of the market-rate and affordable units relies on New York State real estate tax abatement frameworks (such as the 485-x program, formerly 421-a).
      • ​City Commitments: As part of the rezoning negotiations approved by the City Council, the development team committed $8.8 million in direct community investment for local public parks (such as the Brigadier General Charles Young Playground and neighborhood improvements near Esplanade Gardens).

    • ​Private Funding: Financing for a project of this scale is backed by commercial real estate lenders and institutional private equity partners through the joint partnership entity.

    ​Official Contact Information

    ​To reach out to the development team, public representatives, or regulatory agencies associated with One45:

    ​1. Development Team & Corporate Entity

    • ​Entity Name: One 45 Lenox LLC / Bruce Teitelbaum
    • ​Mailing Address: 124 West 145th Street, New York, NY 10039 (site development address)
    • ​Media & Inquiries: Queries are routed through the project's official public outreach domain at one45forharlem.com.

    ​2. Local City Council Representative (District 9)

    • ​Office Holder: Council Member Yusef Salaam

    • ​District Office Phone: (212) 678-4505
    • ​District Office Address: 163 West 125th Street, Suite 912, New York, NY 10027

    ​3. Manhattan Borough President's Office

    • ​Office Holder: Brad Hoylman-Sigal (assumed office Jan 2026)
    • ​Main Phone: (212) 669-8300
    • ​Address: 1 Centre Street, 19th Floor, New York, NY 10007

  • ​One 45 Lenox LLC / Bruce Teitelbaum (Lead Developer & Site Owner): Focuses on strategic land acquisition, complex rezoning negotiations, and managing high-stakes political and real estate environments.
  • ​LionFox Development (Co-Developer): Specializes in affordable housing structuring, community engagement, and integrating supportive housing options into larger projects.
  • ​Coltown Properties & Pointsfive (Co-Developers & Financial Partners): Provides real estate equity investment, property management, and financial execution for residential developments.
  • ​SHoP Architects (Lead Architectural Firm): Experts in high-density urban design, complex skyline towers, and large transit-oriented complexes.

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