Justin Elghanayan

Justin Elghanayan
Rockrose Development

Justin Elghanayan is the President of Rockrose and one of New York City’s most prominent real estate developers. Since the family business started renovating Greenwich Village brownstones in 1970, Rockrose has acquired, developed, or repositioned over 70 properties, including over 15,000 residential units, nearly 6 million square feet of commercial space, and over 1 million square feet of retail space.

Mr. Elghanayan has been a leading force in the creation of the Court Square section of LIC, where he has developed over 2.5 million square feet and 3,000 residential units. Milestone residential projects include Hayden, Eagle Lofts and Linc LIC. Mr. Elghanayan has also aggressively expanded Rockrose’s commercial portfolio, purchasing seven office buildings in Washington, DC’s Golden Triangle Central Business District and repositioning two Rockrose office properties in Manhattan’s booming Midtown South district. Other commercial milestones include an ongoing development of a 1.4 million square foot development site in Hudson Yards.

Mr. Elghanayan serves on the Board of Governors for the Real Estate Board of New York (REBNY). He also sits on the Board of Directors for the Modern Classrooms Project, an educational non-profit supporting students in low-income communities.

Born and raised in New York City, Mr. Elghanayan received a B.A. from Princeton University. He joined Rockrose is 2005 and became the company’s President in 2012.