Access. Structure. Control.
Our team
Foundation New York is led by Richard Ohebshalom and built around senior strategic partners leading each vertical the platform pursues.
The partners leading these verticals are currently being confirmed. Names and biographies are inserted upon confirmation of participation.
Chief Executive Officer
Richard Ohebshalom
Platform Leadership
Foundation New York is led by Richard Ohebshalom - principal-level leadership across Manhattan’s most complex real estate situations, with active institutional mandates across New York, Israel, and Ukraine.
The platform is organized around senior strategic partners for each vertical. Seats are confirmed as participation is finalized; the structure is intentional, not provisional.
Vertical leadership
Strategic partners by mandate
Each vertical is led by a senior operator with the specific capability the asset class demands. Confirmation of names follows mutual agreement.
Landmark, Trophy & Hospitality
The repositioning of landmarked and trophy assets whose location and institutional identity carry a permanent premium - reached off-market and unlocked through the full Landmarks Preservation Commission process.
Senior Manhattan development and hospitality operator with command of landmark restoration, the full LPC process, and the design, construction, and branding execution that turns a constrained landmarked building into an institutional-quality destination - the exact path that produced 250 Fifth Avenue.
Development & Entitlement
The acquisition and control of development sites, the full entitlement process, and the structuring of the institutional joint ventures that carry them to completion.
Senior development and entitlement operator who drives large-scale residential programs through planning, design, and entitlement - including air-rights, special-permit, and variance strategy - and structures the joint ventures that complete them.
Office-to-Residential & Mixed-Use Conversion
Office-to-residential, life sciences, and mixed-use conversion candidates where the basis reflects office impairment rather than residential potential.
Senior Manhattan construction and conversion executive with expertise in office-to-residential and life sciences conversion, mixed-use repositioning, and the contractor, engineer, architect, and regulatory relationships that determine execution speed and cost.
Leasing & Retail Repositioning
Retail and mixed-use corridors with strong fundamentals requiring repositioning, anchor leasing, and brand curation.
Senior leasing and asset-management executive with direct tenant relationships, brand-curation capability to secure premier global anchors, and operational discipline to manage mixed-use assets to institutional standards.
Off-Market Sourcing & Capital-Structure Entries
Capital-structure entries through distressed-debt acquisition, preferred equity, LP-interest purchase, and recapitalization.
Senior real estate professional expert in identifying, sourcing, and structuring distressed-debt situations, non-performing loans, fractured partnerships, and ownership transitions in Manhattan.
Capital Markets & Investor Relations
The capital and investor-relations function - structuring and closing capital with the terms and discipline the institutional mandate requires.
Senior capital-markets professional with direct institutional relationships across pension funds, European and Swiss private-banking platforms, American family offices, and sovereign-linked capital.
Legal & Structuring
The legal architecture that is itself a value-creation mechanism: complex ownership restructuring, distressed-debt acquisition, preferred-equity structuring, LP-interest purchase, recapitalization architecture, and conversion compliance.
Senior New York real estate lawyer with specific expertise in complex ownership restructuring, distressed-debt acquisition, preferred-equity structuring, and office-to-residential conversion compliance.
Governance
Investment Committee & Advisory Council
Members drawn from Manhattan real estate, institutional capital markets, and corporate law. Names and biographies to be inserted upon confirmation of participation.
Institutional mandates begin with a private conversation.
Contact the platform