Founded by Lucky Bhalla over 35 years ago, Ascot Properties NYC is a fully integrated New York-based real estate firm focused on investments in multi-family, office, and retail properties, as well as performing and non- performing real estate loans. The firm has also developed numerous residential and resort projects. Seeking to employ a buy and hold strategy and to create long term value by growing its portfolio of real estate holdings, Ascot has significant property interests throughout the 5 boroughs of New York City, and nationwide.
As a developer, Ascot has focused on residential condominiums, coop conversions, and new construction. In New York City alone, the firm has converted upwards of 1,000 residential units and condominiums.