Who we are.
The Katan Organization, founded by Isaac Katan in 1986, is a domestic/ international business and real estate enterprise with an emphasis on developing large-scale real estate projects. Mr.Katan’s experience, now spanning decades, covers a wide array of real estate and business activities dealing with every stage of the transaction/deal – from urban planning, deal structuring, complex extensive zoning change, negotiation, and development. Past real estate developments have created thousands of residential and commercial units in the New York metropolitan area.
The Katan Organization has played a major role in some of the most exclusive and prestigious areas of NYC. The Katan Organization was named, in the past, the third largest developer in the Borough of Brooklyn as well as the number one developer in terms of the number of active projects occurring simultaneously. Additionally, the Katan Organization has worked closely with both private and public entities, including the City of New York (HPD) and the Federal Government (HUD), resulting in the creation of hundreds of affordable housing units.
In July 2004, the Katan Organization purchased the 16 acre Domino Sugar site in Williamsburg on the Brooklyn waterfront for $55 million. The site was approved for approximately 3 million sq. ft. of mixed-use development. The property was subsequently sold for $185 million. In July 2013, The Katan Organization purchased the Tulsa Promenade Mall, a 900,000 sq. ft. strip mall in Tulsa, OK (tulsapromenade.com). Some of the major tenants there include Macy’s, JC Penney and Dillards.
These transactions have highlighted one of the most prominent elements of the Katan Organization’s success – Mr. Katan’s ability to work effectively with neighborhood-based associations as well as city organizations in order to understand and meet the needs of specific localities. The organization’s attention to quality design and the highest construction standards have set its projects apart from other real estate developments. In the aggregate, Mr. Katan has demonstrated a far-reaching insight and pioneering approach in all his endeavors resulting in opportunistic returns and a string of successful projects in some of the most competitive markets in the country.