GRC Realty Partners LLC 155 Avenue of the Americas, Suite 601 New York, NY 10013 (212) 775-8292
GRC Realty Partners, LLC (GRC) is a real estate development and investment firm based in New York City. GRC is currently developing 7 Harrison Street in Tribeca in partnership with Matrix Development and Clarion Partners. The property is a 40,000 square foot storage warehouse built in 1893 that the partnership is converting to 12 luxury condominiums ranging from 2,126 to 4,229 square feet. The total project capitalization is approximately $54 million, with property acquisition costs of $20 million. Acquired in late 2011, the project is currently under construction with a completion date scheduled for mid-2014.