Caerus’ long term market presence coupled with creative abilities and meticulous execution allow us to deliver stellar performance and returns, acting as a sound manager and reliable partner.

 

Leo Tsimmer, Senior Managing Partner

Leo Tsimmer is a Senior Managing Partner at Caerus Group, a New York-based real estate investment firm specializing in transformative residential, commercial, adaptive reuse projects and opportunistic acquisitions. Renowned for pioneering High Line Park and North East TriBeCa luxury residential development, Tsimmer has built a portfolio emphasizing boutique office and mixed-use developments that capitalize on urban growth, innovative design, sustainability, and meticulous execution to generate significant returns on investment while enhancing community spaces.

Under his leadership, the firm’s success has attracted institutional partnerships, including investments from Apollo Commercial Real Estate Finance, bolstering its capacity for large-scale acquisitions. Tsimmer’s work has been extensively covered by global media such a Bloomberg, The New York Times, London Telegraph, and received several sustainability and Venice Biennale awards.

Recent projects include the acquisition and planned transformation of two Midtown South Manhattan office buildings, repositioned to attract media and technology tenants. Additionally, Tsimmer and partners acquired a $60 million mixed-use site in Greenwich Village, a 14-story retail and office redevelopment, leveraging the location’s proximity to Union Square to enhance retail value.

Other notable projects include the transformative High Line 519 in Chelsea, a boutique luxury condominium that underscored the emergence of the High Line Park to reimagine urban living, and the landmarked Eberhard Pencil Factory in Greenpoint. The latter is a case study in adaptive reuse, preserving historical integrity while transforming the site into a modern commercial hub for investment-grade tenants, reinforcing Greenpoint’s appeal as a creative and economic hotspot.

New York Times said about Tsimmer: “He brings to mind the kind of maverick spirit that once defined the American West: a healthy willingness to take risks coupled with a disdain for the values of the crusty Old World establishment”. He is a frequent speaker at Entrepreneurship and Technology events including Microsoft Reactor and Harvard Business School Tech Conference. Tsimmer has served as principal at several property management and construction firms. Prior to real estate, he spent 7 years in physical commodities, where he spearheaded agriculture division for a Swiss-based trader executing $4 billion in transactions and managing offices in 5 countries.

Tsimmer’s creative abilities to identify business opportunities, to apply architectural innovation, heritage preservation, and market foresight consistently attracts investors seeking differentiated, sustainable strategies in highly competitive markets. His vision continues to define Caerus Group’s reputation as a leader in urban renovation and responsible development.