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ABOUT GALAXY

Seeing what others don’t since 1979

Galaxy Holding is a Beverly Hills–based real estate development and investment firm built on one belief: the best opportunities are the ones others think are impossible. For more than four decades we have pursued the sites others pass over, challenged what zoning and convention say a property can be, and worked alongside the cities we build in to turn those sites into landmark projects.

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Raffi Cohen

FOUNDER & CEO

OUR FOUNDER

An optimist with a vision

Raffi Cohen began his career developing apartments, retail centers, and office buildings before turning to large-scale development in Downtown Los Angeles, where he built close working relationships with the City of Los Angeles and the State of California. Where others saw a rundown block of Figueroa Street, he saw Figueroa Plaza: a 660,000 square foot twin office tower complex at First and Figueroa.

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Today Figueroa Plaza is owned by the City of Los Angeles and serves as the center of its development services, home to the Department of Building and Safety, City Planning, and the Bureau of Engineering. Nearly every project in Los Angeles, including our own, now moves through the building Raffi built. Even through Downtown's recent downturn, it has remained fully occupied.

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In Beverly Hills, Raffi earned an architectural award from the City for his extensive renovation of 421 South Beverly Drive, and pioneered office-to-residential conversion with Blu Beverly Hills, transforming an underperforming office building into luxury rental apartments, the first project of its kind in the city

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Raffi maintains long-term relationships with institutions, architects, engineers, and contractors. Galaxy assigns a dedicated team to every project, and Raffi stays closely involved in the details, ensuring each one is delivered on time, on budget, and to the satisfaction of its tenants.

WATCH

“I have a question for Raffi Cohen.” The Beverly Hills City Council asks for his advice on adaptive reuse

BEVERLY HILLS CITY COUNCIL 2024

TRACK RECORD WITH THE CITY

Four decades of civic partnership

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Raffi Cohen with Mayor Tom Bradley and Councilman Gilbert Lindsay
1979
Galaxy Holding founded 

Raffi Cohen establishes the firm, developing apartments, retail centers, and office buildings across Southern California.

1986
Figueroa Plaza

660,000 square foot twin towers at First and Figueroa. Now owned by the City and home to Building and Safety, City Planning, and the Bureau of Engineering

1987
LA 2000 Committee

Appointed by Mayor Tom Bradley to the Downtown Strategic Plan Advisory Committee, helping shape the future of Downtown Los Angeles.

2001
Beverly Hills Architectural Award

Recognized by the City of Beverly Hills for the extensive renovation of 421 South Beverly Drive.

2007
Blu Beverly Hills

The first office-to-luxury-residential conversion in Beverly Hills. Raffi was later invited by the City Council to speak on adaptive reuse.

2026
6800 Sunset

A complete rezoning from RD1.5 to C2 and City approval for a 42-story mixed-use tower in Hollywood.

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