Tag: Hirschfeld Properties

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News

Elie Hirschfeld Named To Israel Bonds National Campaign Council

Renowned New York developer and philanthropist Elie Hirschfeld has been honored with an appointment to the Israel Bonds National Campaign Council.

“I am pleased to be part of Israel Bonds and its important work,” said the principal owner of Hirschfeld Properties. “Being actively involved with Israel’s economic growth through investments in Israel bonds is a decision I am proud to have made.”

In the last four years, Development Corporation for Israel/Israel Bonds sold approximately one Billion in bonds annually in the United States to develop every aspect of Israel’s economy.

The iconic developer has a long history of political, financial and personal support for the State of Israel.

“Israel has always been part of me — I was born in Tel Aviv,” said Elie Hirschfeld.  With my increased commitment to the Jewish state and Israel Bonds, and my new position on the Council, I look forward to introducing my business colleagues and friends to Israel bonds and to joining me in becoming stakeholders in one of the world’s most resilient economies.”

Elie Hirschfeld created the Hirschfeld Foundation to direct his philanthropic efforts in support of education, healthcare, athletics, and Jewish causes.

He also has served on the boards of the Weizmann Institute and the Jewish National Fund and the Hirschfeld family has provided playgrounds and contributed to numerous special projects throughout Israel.  

Recently, the Brown University Judaic Studies building was named for Elie Hirschfeld, a Brown Trustee emeritus, in recognition of a new major gift made by him.

“My involvement with Israel Bonds is a natural extension of my commitment to the country,” says Elie Hirschfeld, “It offers me another amazing opportunity to be a part of Israel’s future.”

Proceeds from the sale of the bonds have played a decisive role in Israel’s rapid evolution into a groundbreaking, global leader in high-tech, greentech and biotech.

 

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Business

Elie Hirschfeld Brokers Relationship Between Argentinian and American Presidents

Argentinian President Mauricio Macri and Elie Hirschfeld were partners in the redevelopment of Riverside South

This week Macri was invited to The White House to meet with President Donald Trump for vital trade talks, prompting the Commander-in-Chief to comment that the two countries will be “great friends, better than ever before!”

It was Elie Hirschfeld who introduced the two men decades ago after Macri had partnered with Hirschfeld Properties in the redevelopment of Penn Yards from raw rail and industrial to the residential mixed use haven that is the renamed Riverside South area of today.

Argentinian President Mauricio Macri.

“Mauricio was a visionary then and remains so today,” said. “We turned that property around together. He was a very popular and successful businessman and those traits have served him well in his current status as statesman.”

“My offices at the time were located in Trump Tower. I was happy to be able to introduce him to Donald.”

Elie Hirschfeld and Trump worked with President Macri as partners in the 1980s.

Trump later purchased the Macri share of the development in 1985 and Hirschfeld Properties finished the project with the future president.

 “That relationship having endured will now play a vital part of diplomatic and trade relations with Argentina and help our country develop strong economic partnerships in Argentina,” Elie Hirschfeld remarked.

“And it all started right here in New York.”

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Business NYC Real Estate

Elie Hirschfeld’s Comments Illuminate New York City Titans of Business Panel

Hirschfeld Properties’ spectacular Riverside South development is a model of Manhattan real estate luxury.

Renowned New York developer Elie Hirschfeld offered informed insights on the city’s luxury real estate rental and buyers’ market at the New York City Titans of Business panel on April 22 at the Core Club in Midtown.

Elie Hirschfeld pointed out that while there are great customer bases in the foreign and broader American markets, New York business remains rooted in the local market.

“If the local buyer/renter disappears, we will not be saved by any foreign region,” said the iconic New York real estate luminary.

“First, the Metro New York City market; second, the American market, and only last, can we count on the foreign consumer.”

Hirschfeld, second from right, led a panel of top New York developers.

Elie Hirschfeld‘s comments during a panel which included such prominent New York business names as real estate entrepreneur, Don Peebles, Billy Macklowe, founder of Macklowe Properties, developer, Mitchell Moinian, and Michael Stern, CEO of the JDS Development Group.

Elie Hirschfeld is the President of Hirschfeld Properties which has developed such visionary projects as luxury residential towers Park Avenue Plaza, The Gotham and The Exchange, Crowne Plaza Hotel, Hotel Pennsylvania, New York’s first open-air parking garages, Manhattan Mall and the Sports Club LA Building.

His long record of accomplishment in the field gave him a particularly insightful perspective on the topic of the workings luxury real estate market in New York City.

“We have an inventory of luxury free market rentals in Tribeca, the Village, Sutton Place, Upper East side and other areas throughout the City,” he revealed.

“As the free market apartments come up for renewal we explore the luxury for sale market against the luxury for rent market. This helps us understand how a prospective renter or the renewal of the current renter might proceed themselves in the market in the alternatives of them buying or them renting.”

And while he remains committed to the local market as his primary focus, Elie Hirschfeld does not dismiss the importance of foreign capital to the industry.

“As for foreign markets, it is no longer primarily, China, but DOES continue to be Asian, Indian, and the Middle East,” he pointed out.

“There is fair amount of money migrating under radar and freely from Russia, Ukraine, the Stans (Kazakstan, Uzbekistan), the Middle East and Asia.”

Elie Hirschfeld‘s influence and insights into the New York real estate market are well known and heavily sought by peers who include President Donald Trump who is both a friend and business partner.

For more information on the New York Real Estate market go to hirschfeldnyc.com

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Business Real Estate

TS Fitness Provides The Latest Jewel In An Eastside Fitness Treasure Chest

Sports Club-61st Steet-a
The one-stop shop for health and wellness on East 61st Street

There is an oasis of health, fitness and wellness in Midtown East and it’s easily found at 328 East 61st Street.

The gleaming edifice owned by Hirschfeld Properties serves up big benefits to anyone looking to up the ante on their physical and psychological well being.

The building already housed a popular Fred Astaire Dance Studio, The Ballet Club, The Sotokan Karate Dojo and Earth Yoga … offering the neighborhood a wide diversity of health-oriented activities not seen anywhere else in New York City.

Now, the newest tenant, TS Fitness has just signed on to add the final jewel to the entire fourth floor of the building, with gleaming new facilities spread out over 3,000 square-feet on the fourth floor of the East Side’s state-of-the-art health multiplex!

“With Equinox right next door, this definitely makes East 61st Street THE destination for wellness,” says Alex Karas, the broker at Bond New York Real Estate who helped TS find the perfect location for their needs.

4th Floor Photo
The gleaming new location for TS Fitness on East 61st Street

 

“We worked closely with Mr. Hirschfeld and their team who ensured that he would be able to provide the best accommodations for TS to offer up a premier facility for its clients.”

Karas worked with Jesse Topal and Elliot Zelinger from Savitt Partners who represented Hirschfeld Properties on the deal, and ensured that the build-out would accommodate the full suite of fitness programs, classes and equipment that TS needed to maintain it’s reputation as one of the finest destinations in the city.

“It wasn’t an easy proposition,” says Karas. “TS wanted stay in the same area and if it was going to be an upper floor space it had to have elevator access, tall ceilings, along with water to accommodate the need for high-end locker and bathing facilities. Savitt and Hirschfeld delivered all of that and more.”

TS will swing open its doors in 8 – 10 weeks and will add a new luxury option to a neighborhood which also offers provides elegant options in shopping across categories and price points, (Bloomingdales, Bed, Bath & Beyond, TJ Maxx); a short stroll to the East River Esplanade in one direction and Central Park in the other; multiple dining destination and the Lexington Avenue Subway line

“TS certainly benefits from all of that, but I think the real benefit is to the people of this community who can now find the answer to nearly all their fitness options in one location,” says Elie Hirschfeld.

“I’m just proud we could provide both the gym and the community what they truly needed.

It’s great to say that we were a big part of that.”

For more information about TS Fitness go to: www.tsfitnessnyc.com

 

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News

New York and Global Heavyweights Gather to Celebrate Elie Hirschfeld

 

Elie Hirschfeld Birthday Celebration
International singing sensation Neshama Carlebach serenades Elie Hirschfeld at the historic Harmonie Club at his 65th birthday celebration last Saturday evening. Photo: Courtesy of http://www.patrickmcmullan.com

New York leaders and luminaries paid tribute to one of the city’s favorite sons on Saturday night at Midtown’s historic Harmonie Club.

“It was heartwarming to be a part of a gathering that combined some of this city and the world’s most influential leaders in various fields, with close friends and family who have all meant so much to me throughout my life,” says the honoree, Elie Hirschfeld.

The iconic developer, athlete and patron of the arts has a New York imprint of iconic properties that have included Riverside South, The Grand Sutton, Park Avenue Court, The Hotel Pennsylvania and The Exchange Tower.

Among those gathered to celebrate Hirschfeld’s 65th birthday were such historic figures as former New York State Attorney General Robert Abrams; founder and president of Bunkone.com, Ari Ackerman; former New York City Commissioner of Landmarks, Steve Byrns; Bonnie Comley and Stewart Lane of MrBroadway.com; Thomas Huniford of Huniford Design; Thomas Sakmar, MD of the Rockefeller University; New York Times journalist Dan Shaw, and many others.

Elie Hirschfeld Birthday Celebration
Hirscheld, center, is joined by close friends Diane Abrams and former New York Attorney General Robert Abrams.  Photo: Courtesy of www.patrickmcmullan.com

 

“All of these people have had an important influence on this city, our people and most personally, myself,” says Hirschfeld.

Family members at the event included Mr. Hirschfeld’s wife and celebrated physician, Dr. Sarah Schlesinger MD of the Rockefeller University, and his children, David Hirschfeld, Joshua Frankel, Zachary Frankel, and Joseph Frankel.

Elie Hirschfeld Birthday Celebration
Hirschfeld surrounded by members of his family at the event. Photo: Courtesy of www.patrickmcmullan.com

The all-star guest list was entertained by celebrated international performer and one of Mr. Hirschfeld’s “favorite performers,” Neshama Carlebach.

“My husband and his family have given so much in the development of modern New York,” says Dr. Schlesinger. “It was extremely gratifying to be a part of an event where so many other people who have made contributions of similar magnitude were gathered on his behalf. It was magical.”

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Business Events

Elie Hirschfeld To Be Celebrated at 65th Birthday Gala at Historic Harmonie Club

harmonieclub
The beautiful ballroom in Midtown’s historic Harmonie Club will play host to a celebration of New York real estate icon and philanthropist, Elie Hirschfeld.

Luminaries from every category of New York will gather on January 10 to pay tribute to a seminal figure in the development of the city as it stands today – Elie Hirschfeld.

Midtown’s historic Harmonie Club will play host to a veritable who’s who of Gotham, gathered to celebrate the 65th birthday of a man who helped define modern New York.

While the guest list is private, those expected to attend will include a U.S. Ambassador to the United Nations, a prominent Broadway producer, the president of the New York City Triathlon, several leaders of major philanthropies, top New York clergy figures and a prominent array of physicians, journalists, and national award winners.

“My husband, Elie has had a positive impact on so many people in so many industries on both a professional and philanthropic level,” says Dr. Sarah Schlesinger MD of the Rockefeller University. “It’s heartwarming to have an occasion where his work and compassion can be celebrated in this way.”

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Dr. Sarah Schlesinger MD of the Rockefeller University with the guest of honor, her husband, New York real estate luminary, Elie Hirschfeld.

The celebrated real estate mogul, philanthropist, athlete and patron of the arts has had a significant hand in the development and re-purposing of many prominent city properties including Riverside South, The Grand Sutton, Park Avenue Court, The Hotel Pennsylvania and The Exchange Tower.

But Hirschfeld’s focus has always extended far beyond any single project. His visionary collaborations with such prominent partners as Silverstein Properties, The Zeckendorf Organization, The Donald Trump Organization and others have yielded some of the more spectacular projects in the history of the city.

Game-changing Hirschfeld projects have included The Sports Club/LA, a completely vertical sports club, Manhattan Mall, one of the first vertical shopping malls in NYC, and New York’s first open-air parking garage.

And while his business accomplishments are many, it may be his seemingly endless charitable endeavors that may be his most lasting legacy. He launched the Hirschfeld Foundation to channel his philanthropic efforts in support of education, healthcare, athletics and Jewish causes.

EH, Dannon Krakow-1-27-14a
Hirschfeld’s ongoing efforts to promote awareness of Jewish history and culture are demonstrated in his presence with Israeli Knesset Minister Dany Dannon at the Holocaust Memorial dedication in Poland last January.

“My personal history of giving began when I was a student at Brown University,” Hirschfeld says. “I became President of Brown’s Hillel and was elected President of my Senior Class. I was inspired by both Brown and Hillel to do more for others and to seek to improve the world. I went on to support numerous educational institutions, hospitals, Jewish organizations, and other non-profit groups. I created the Hirschfeld Foundation to expand my personal efforts.”

This event provides the many people Hirschfeld has touched the opportunity to show how much those efforts have meant.