Elie Hirschfeld

Last updated

Elie Hirschfeld
Born (1949-12-25) December 25, 1949 (age 74)
Nationality American
Alma materBrown University (B.A., 1971)
New York University Law School (J.D , 1974)
Spouses
Marcia Riklis
(m. 19801996)
Susan Hirschfeld
(div. 2010)
Sarah J. Schlesinger
(m. 2011)
Parent(s) Abraham Hirschfeld
Zipora Teicher Hirschfeld

Elie Hirschfeld (born December 25, 1949) [1] is an American real estate developer, philanthropist and art collector based in New York City. He is the son of the late real estate mogul Abraham Hirschfeld.

Contents

Career

Elie Hirschfeld started his career as a real estate attorney at Milbank Tweed Hadley & McCloy. The son of New York real estate mogul Abraham Hirschfeld, Hirschfeld has developed properties such as the Grand Sutton, the Hotel Pennsylvania, [2] the Crowne Plaza Hotel, Park Avenue Court, Sports Club LA Building, Manhattan Mall at Herald Square, the Gotham and Exchange Tower.

Through Hirschfeld Properties, Elie Hirschfeld owns a portfolio of apartments and hotels, as well as commercial and industrial properties [3]

One of Hirschfeld's properties, an East Hampton estate which is worth an estimated $32.5 million, was frequently leased as a summer residence by Bill and Hillary Clinton. [4]

In 2014, Hirschfeld completed the fourth-largest Manhattan office leasing deal of the year, as ranked by square footage. The agreement with the U.S. Drug Enforcement Administration renewed the deal on 570,000 square feet of space in W. Chelsea. [5]

In 2015, Hirschfeld purchased a Westhampton Beach mansion for $14 million, which the developer plans to use as investment property. It is marketed as a summer rental. [6]

In September 2016, Hirschfeld bought a 40-unit mixed retail and residential building in the Yorkville area for $23 million. This 21,640 square foot Upper East Side property adds to Hirschfeld's substantial portfolio of residential units in NYC. [7] Hirschfeld also acquired a 7,058 square foot condominium unit, a triplex penthouse in the Marquand building, for $37.5 million as an investment property. [8]

Hirschfeld was featured in the 'NYC Titans of Business' panel discussion at the 2017 Luxury Real Estate Summit at New York City's CORE Club on April 28, 2017, moderated by Peter Grant of The Wall Street Journal, and Jennifer Gould Keil of the New York Post. Hirschfeld provided insights on the city's luxury real estate rental and buyers' market, and spoke about his many real estate development projects and his successful past partnership with his friend, President Donald Trump. [9] [10]

Philanthropy and arts

Hirschfeld created the Hirschfeld Foundation in support of education, healthcare, athletics and Jewish causes. He serves as trustee emeritus of Brown University and Long Island University, director of the United States board of the Weizmann Institute of Science, and trustee of numerous New York City hospitals. He has served on the board of directors and steering committees of several organizations, including the Jewish National Fund and the U.S. Commission for the Preservation of America's Heritage Abroad. [11]

In 2011, Hirschfeld donated an additional $125,000 to Brown University, at that time making his total gift to his alma mater $1 million. [12] In 2016, Hirschfeld and his wife Sarah again gave to Brown University, with a $3.5 million donation to renovate and maintain the Judaic Studies building. [13] Brown University renamed the building the "Hirschfeld House." The renovation of this 108 year old historic structure will help improve and ensure the viability of the Judaic Studies program long term. [14] [15] [16]

Hirschfeld and his wife received the 2016 Patrons of Education Award from New York's Park East Synagogue. [17]

In February 2017, Sarah and Elie Hirschfeld were honored by Israel Bonds with the Israel69 Award. They attended the awards celebration dinner at the Fontainebleau Miami Beach hosted by actor Jason Alexander, along with other award recipients from the United States, Canada and Mexico. [18] [19] [20] [21] [22] [23]

Hirschfeld announced in March 2017, that the Keith Haring original work entitled, Radiant Baby, was acquired and added to the Elie and Sarah Hirschfeld Art Collection. "Keith Haring unifies many layers of New York City's culture – both the refined and gritty, the cultivated, edified and self-taught. The energy carried through his artwork is unmatched. Sarah and I will always treasure the work of Keith Haring that we recently added to our collection," he said. [24]

In September 2019, President Trump appointed Hirschfeld to the United Commission for the Preservation of America's Heritage Abroad. [25]

Personal

Hirschfeld is a 1971 graduate of Brown University. He studied at the London School of Economics and then graduated from New York University Law School in 1974. He is a trustee emeritus of Brown University. [26]

Hirschfeld has completed over 100[ citation needed ] triathlons, marathons and other endurance events including the 2012 New York City Ironman Triathlon at age 62. [27] He reached the best level so far on the international stage when he placed fourth in his age group at the prestigious and highly competitive AJ Bell London Triathlon. [28]

Hirschfeld's wife, Sarah J. Schlesinger, is a physician, researcher and associate professor of clinical investigation at Rockefeller University. [29] Schlesinger was part of a team of researchers at Rockefeller University whose work on Antibody 10–1074, showing encouraging clinical results to prevent or treat HIV, was published in the medical journal, Nature Medicine, on January 16, 2017. [30] [31]

Related Research Articles

<span class="mw-page-title-main">Larry Silverstein</span> American businessman

Larry A. Silverstein is an American businessman. Among his real estate projects, he is the developer of the rebuilt World Trade Center complex in Lower Manhattan, New York City, as well as one of New York's tallest residential towers at 30 Park Place, where he owns a home.

<span class="mw-page-title-main">David Rockefeller</span> American banker and philanthropist (1915–2017)

David Rockefeller was an American investment banker who served as chairman and chief executive of Chase Manhattan Corporation. He was the oldest living member of the third generation of the Rockefeller family, and family patriarch from 2004 until his death in 2017. Rockefeller was the fifth son and youngest child of John D. Rockefeller Jr. and Abby Aldrich Rockefeller, and a grandson of John D. Rockefeller and Laura Spelman Rockefeller.

<span class="mw-page-title-main">Stephen M. Ross</span> American businessman (born 1940)

Stephen Michael Ross is an American real estate developer, philanthropist, and sports team owner. Ross is the chairman and majority owner of The Related Companies, a global real estate development firm he founded in 1972. Related is best known for developing the Deutsche Bank Center, where Ross lives and works, as well as the Hudson Yards Redevelopment Project. Ross has a net worth of $7.7 billion in 2020, ranking him 185 on Forbes Billionaires List in 2020. He is still featured on the list as of 2023. Having doubled his net worth since 2008, he paid no income taxes in the next decade utilizing the losses on the properties he owned. Ross is also the principal owner of the Miami Dolphins and Hard Rock Stadium.

David Lichtenstein is an American billionaire, entrepreneur, and real estate investor. He is the founder and CEO of The Lightstone Group, which he founded in 1988.

<span class="mw-page-title-main">Tishman Speyer</span> American company that invests in real estate

Tishman Speyer Properties is an American company that invests in real estate. It has developed multiple buildings around the world, and they have owned famous buildings and land plots, including the Chrysler Building.

Silverstein Properties, Inc. is a family held, full-service real estate development, investment and management firm based in New York City. Founded in 1957 by Chairman Larry Silverstein, the company specializes in developing, acquiring, and managing office, residential, hotel, retail, and mixed-use properties. The firm is New York City's fifth-largest commercial landlord.

<span class="mw-page-title-main">660 Fifth Avenue</span> Office skyscraper in Manhattan, New York

660 Fifth Avenue is a 41-story office building on the west side of Fifth Avenue between 52nd and 53rd Streets in the Midtown Manhattan neighborhood of New York City. The office tower was designed by Carson & Lundin and built for its developer Tishman Realty and Construction from 1955 to 1957.

<span class="mw-page-title-main">Aby Rosen</span> German-American real estate developer (born 1960)

Aby Rosen is a German and American real estate tycoon living in New York City. He co-founded RFR Holding, which owns a portfolio of 93 properties valued over $15.5 billion in cities including New York, Miami, Las Vegas, and Tel Aviv. Highlights include the Seagram Building, W South Beach, The Jaffa Tel Aviv, Gramercy Park Hotel, Paramount Hotel, and Miracle Mile Shops at Planet Hollywood Resort & Casino, among other properties. Rosen is also a member of, a founding investor in, and the landlord of the CORE Club in New York.

<span class="mw-page-title-main">245 Park Avenue</span> Office skyscraper in Manhattan, New York

245 Park Avenue is a 648-ft skyscraper in New York City, New York. It was completed in 1967, and contains 1.7 million square feet (160,000 m2) on 48 floors. Shreve, Lamb and Harmon designed the structure, which is the 94th-tallest building in New York. The Building Owners and Managers Association awarded the 2000/2001 Pinnacle Award to 245 Park Avenue. The building is assigned its own ZIP Code, 10167; it was one of 41 buildings in Manhattan that had their own ZIP Codes as of 2019.

Stephen Barry Siegel is the Chairman of Global Brokerage at CBRE, the world's largest commercial real estate services company.

<span class="mw-page-title-main">432 Park Avenue</span> Residential skyscraper in Manhattan, New York

432 Park Avenue is a residential skyscraper at 57th Street and Park Avenue in Midtown Manhattan in New York City, overlooking Central Park. The 1,396-foot-tall (425.5 m) tower was developed by CIM Group and Harry B. Macklowe and designed by Rafael Viñoly. A part of Billionaires' Row, 432 Park Avenue has some of the most expensive residences in the city, with the median unit selling for tens of millions of dollars. At the time of its completion in 2015, 432 Park Avenue was the third-tallest building in the United States and the tallest residential building in the world. As of 2023, it is the sixth-tallest building in the United States, the fifth-tallest building in New York City, and the third-tallest residential building in the world.

<span class="mw-page-title-main">Wanda Group</span> Chinese conglomerate

Wanda Group, or the Dalian Wanda Group (大连万达), is a Chinese multinational conglomerate founded in Dalian, Liaoning and headquartered in Beijing. With regards to the conglomerate's core businesses, the company operates as a private property developer and entertainment company, effectively acting as the owner of Wanda Cinemas and the Hoyts Group line of cinema chains.

<span class="mw-page-title-main">Eyal Ofer</span> Israeli real estate and shipping magnate (born 1950)

Eyal Ofer is a Monaco-based billionaire, born in Israel. He is a real estate, energy, technology and shipping magnate, an art collector, and a philanthropist. He is the chairman of Ofer Global, Zodiac Group and Global Holdings.

<span class="mw-page-title-main">Michael Shvo</span> American real estate developer

Michael Shvo is a real estate developer based in New York City with offices in Miami, San Francisco, Los Angeles, and Chicago. He is the Chairman and CEO of SHVO, a real estate development company he founded in 2004.

Fundrise is a Washington, D.C.-based financial technology company founded in 2010 that operates an online investment platform. Fundrise has been labeled as the first company to successfully crowdfund investment into the real estate market.

<span class="mw-page-title-main">Central Park Tower</span> Residential skyscraper in Manhattan, New York

Central Park Tower is a residential supertall skyscraper at 225 West 57th Street in the Midtown Manhattan neighborhood of New York City, along Billionaires' Row. Designed by Adrian Smith + Gordon Gill Architecture, the building rises 1,550 feet (472.4 m) with 98 above-ground stories and three basement stories, although the top story is numbered 136. Central Park Tower is the second-tallest building in New York City, the United States, and the Western Hemisphere; the 15th tallest building in the world; the tallest primarily residential building in the world; and the tallest building outside Asia by roof height.

<span class="mw-page-title-main">Adam Neumann</span> Israeli-American businessman (born 1979)

Adam Neumann is an Israeli-American billionaire businessman and investor. In 2010, he co-founded WeWork with Miguel McKelvey, where he served as CEO from 2010 to 2019. In 2019, he co-founded a family office dubbed 166 2nd Financial Services with his wife, Rebekah Neumann, to manage their personal wealth, investing over a billion dollars in real estate and venture startups.

<span class="mw-page-title-main">1067 Fifth Avenue</span> Residential building in Manhattan, New York

1067 Fifth Avenue is a luxury cooperative located on Fifth Avenue between East 87th and 88th Streets in the Upper East Side of Manhattan in New York City.

References

  1. Sanders, Sarabeth (March 4, 2010). "Q & A with Hirschfeld Properties CEO Elie Hirschfeld". The Real Deal.
  2. Kennedy, Shawn G. (August 17, 1983). "Real Estate; New Phase Beginning For Statler". The New York Times .
  3. "The Hirschfeld Portfolio". Hirschfeldcos.com. Retrieved December 3, 2021.
  4. "The Clintons' former summer home is on the market for $32.5 million". Daily News New York. August 26, 2015.
  5. "DEA Signs one of 2014's Biggest Lease Deals," Crain's New York Business, March 2, 2015
  6. Street, All rights reserved © 2019 The Real Deal is a registered Trademark of Korangy Publishing Inc 450 West 31st; York, New; Phone: 212-260-1332, NY 10001 (December 24, 2015). "Elie Hirschfeld buys Westhampton Beach mansion for $14M". The Real Deal New York. Retrieved April 11, 2019.{{cite web}}: CS1 maint: numeric names: authors list (link)
  7. "Hirschfeld buys 40-unit Yorkville building for $23M". The Real Deal New York. September 27, 2016. Retrieved April 11, 2019.
  8. "Hirschfeld Properties | 11 East 68th Street | The Marquand". The Real Deal New York. September 28, 2016. Retrieved December 10, 2021.
  9. "Haute Residence's 2017 NYC Luxury Real Estate Summit Recap: 'NYC Titans of Business'". Hauteliving.com. May 8, 2017. Retrieved December 3, 2021.
  10. Pessoa, Gabriel (May 8, 2017). "Haute Residence's 2017 NYC Luxury Real Estate Summit Recap: 'NYC Titans of Business'". Hauteresidence.com. Retrieved December 3, 2021.
  11. "President Donald J. Trump Announces Intent to Nominate and Appoint Personnel to Key Administration Posts – The White House". Trumpwhitehouse.archives.gov. Retrieved December 10, 2021.
  12. "Brown University Alumnus Elie Hirschfeld Donates $1 Million – TheStreet". Archived from the original on August 10, 2016. Retrieved June 10, 2016.
  13. "Philanthropists Must Support Jewish Studies on College Campuses". Algemeiner.com. Retrieved December 10, 2021.
  14. University, Brown. "Brown University Names "Hirschfeld House" in Honor of Elie and Sarah Hirschfeld $3.5 Million Gift to Judaic Studies". Prnewswire.com (Press release). Retrieved December 10, 2021.
  15. "Brown University's Judaic Studies Building to be named after Elie Hirschfeld | Real Estate Weekly". Archived from the original on November 5, 2016. Retrieved November 4, 2016.
  16. "Judaic studies building renamed for Hirschfeld". The Brown Daily Herald. November 8, 2016. Retrieved December 3, 2021.
  17. "Jewocity.com". 14.jewocity.com. Retrieved December 10, 2021.
  18. "Broadway News | Broadway Tickets & Videos | Broadway World". Broadwayworld.com. Retrieved December 10, 2021.
  19. "Sarah and Elie Hirschfeld Honored by Israel Bonds with Israel69 Award – MilTech". Archived from the original on February 15, 2017. Retrieved February 14, 2017.
  20. "Sarah and Elie Hirschfeld Honored by Israel Bonds With Israel69 Award". Finance.yahoo.com. February 14, 2017. Retrieved December 3, 2021.
  21. "Invest in Israel". Israel Bonds. February 13, 2017. Retrieved December 3, 2021.
  22. "Grapevine: A Netanyahu orchid blossoms in Singapore". The Jerusalem Post . Retrieved December 10, 2021.
  23. "Sarah and Elie Hirschfeld Honored by Israel Bonds With Israel69 Award". Citybizlist. February 12, 2017. Retrieved December 3, 2021.
  24. "Elie Hirschfeld Expands His Art Collection With Original Work by Keith Haring; Radiant Baby". Finance.yahoo.com. March 30, 2017. Retrieved December 3, 2021.
  25. Preservation of America's Heritage Abroad, US Commission for. "Members". heritageabroad.gov. US Gov. Retrieved June 3, 2020.
  26. Hirschfeld, Elie (January–February 2002). "Mail Room". Brown Alumni Magazine.
  27. "62 Year Old Jewish Triathlon Athlete to Compete in New York's First Ironman". Algemeiner.com. Retrieved December 10, 2021.
  28. "Hirschfeld Continues to Shine Against International Competition at London Triathlon". Downtown Magazine NYC. August 12, 2015.
  29. "The Rockefeller University » Sarah J. Schlesinger". Rockefeller.edu. Retrieved December 3, 2021.
  30. "The Rockefeller University » New antibody drug continues to show promise for treatment of HIV". Rockefeller.edu. Retrieved December 3, 2021.
  31. Michel C. Nussenzweig, M.D., Ph.D. is a. "The Rockefeller University » Encouraging clinical results for an antibody drug to prevent or treat HIV". Rockefeller.edu. Retrieved December 3, 2021.{{cite web}}: CS1 maint: multiple names: authors list (link)