Fairfield Community Coverage, LLC - Melville, NY

Fairfield Properties is a family-owned real estate investment and property management firm operating across Long Island and parts of Queens, New York. The company was founded in 1973 when Joseph Broxmeyer, his then-wife Muriel, and their eldest son Mark purchased a single apartment building in Long Beach, New York, and subsequently expanded across the region. The firm operates a portfolio of roughly 180 apartment communities encompassing nearly 13,000 residential units spanning Suffolk County, Nassau County, the East End, and parts of Queens. The company focuses on multifamily residential properties including garden apartments, townhouses, and age-restricted 55+ communities, alongside commercial office buildings and third-party property management services for cooperatives, condominiums, and homeowners associations. Fairfield Properties is currently controlled by second- and third-generation family members Gary Broxmeyer, who holds approximately 61 percent, and his nephew Michael Broxmeyer, who holds approximately 39 percent. The firm pursues a long-term hold strategy rather than quick disposition, structuring individual properties as separate limited liability companies. In mid-2026, the Broxmeyers announced plans to divide the firm into two independent family offices, with Gary Broxmeyer forming a new entity and Michael Broxmeyer leading MDJ Realty Services alongside his brother Daniel and son Jacob. The portfolio exhibits concentration across Long Island's Nassau and Suffolk counties, with residential properties distributed throughout suburban communities and select office holdings in Melville. Leadership includes President Henry Groot and Chief Financial Officer Ralph Cusano.