NYC DOF FY2027 Final Assessment Roll

Ownership Concentration

67.3% of NYC tax lots are individually owned — but they hold only 40.7%of citywide value. Most of the city's property wealth sits with a comparatively small number of entity owners.

These are conservative floors, not ceilings.Entity owner-groups here are built by exact repeated-name matching only — a common NYC ownership structure is a unique single-building holding-company LLC, which never gets grouped and is invisible to the top-N leaderboards below (it's still correctly counted as "LLC" in the aggregate splits, just not linked to any other property). True corporate concentration is almost certainly higher than what these numbers show.

Individually owned lots
67.3%
But only 40.7% of citywide value
Tracked entity owner-groups
3,282
Repeated-name-matched LLCs, corps, gov't & nonprofits
Top 10 groups' value share
8.0%
$153.4B — mostly government
Groups worth $1B+
16
61 worth $100M+

Cumulative value share, top-N entity owner-groups

Government agencies dominate the tracked top — private ownership is far more fragmented under the exact-name-match method

Share of citywide value by ownership type

LLC share of value vs. lots, by borough

Manhattan (43.3% of value) is by far the highest — Staten Island (7.7%) the lowest

The $1B+ club

16 tracked entity groups individually control more than $1 billion in NYC property value each — a mix of major government agencies and the largest commercial real estate holders in the city.

The $100M+ tier

61 tracked entity groups clear the $100M threshold — still a small fraction of the 3,282 total tracked groups, underscoring how concentrated even the "tracked" population is.

Owner-group ranking uses only rows with a resolved owner_group_id (entity-only per OWNER_CONSOLIDATION_METHODOLOGY.md — never Individual or Unknown/Other). Government/private-entity/individual split uses all rows regardless of grouping, bucketed purely by owner_entity_type (a classification, never a name).