Access. Structure. Control.
Folio · Proven outcomes
Track record
Twenty-five years of principal-level execution across Manhattan’s most complex situations - measured in basis, entitlement, and institutional value created.
Open the ledgerBy the numbers
Principal-level results.
Complex, control-oriented real estate across multiple full market cycles in New York City.
Experience spanning hospitality, multifamily, luxury retail, office, and mixed-use.
Featured execution
The Fifth Avenue Hotel
A landmarked 1907 McKim, Mead & White bank under the full jurisdiction of the New York City Landmarks Preservation Commission. Richard Ohebshalom acquired the asset and navigated every approval, review, and negotiation from beginning to end.
Foundation secured approval for a 230-foot reinforced-concrete tower built behind and above the preserved façade - delivering a 153-key luxury, Michelin-recognized hotel. Value created through entitlement, regulatory navigation, full development, and operational excellence.
Financial District
8 Carlisle Street
111 Washington · Grubb Properties JV
A former ten-story parking structure that sat dormant for over sixteen years. Richard Ohebshalom acquired and controlled it, drove the full entitlement process, designed the large-scale residential program around the specific demand characteristics of the Financial District, and structured the joint venture with Grubb Properties now completing construction.
Value created at acquisition, entitlement, full development program, and structuring of the institutional joint venture - the entire path from raw site to institutional partnership.
TR - 03 · Long Island
Manhasset Miracle Mile
A retail corridor repositioned through upgraded tenancy, optimized leasing mix, and re-leasing to stronger tenants including premier global brands such as Apple. Operational oversight drove sustained income growth and refinancing flexibility.
- Tenant remix to institutional-grade anchors
- Leasing mix optimized for corridor premium
- Durable NOI growth and refinance optionality
TR - 04 · Midtown South
The Greywood
3 West 36th Street · Manhattan
Acquired below replacement cost. An underperforming Manhattan asset repositioned into a 72-unit luxury rental building.
Execution focused on targeted capital improvements, amenity enhancement, comprehensive leasing strategy, and rental optimization - improving occupancy and stabilizing operations with durable long-term cash flow.
Confidential data room
Full financial profiles on qualification.
The complete financial profile of each transaction is available to qualified counterparties in the confidential data room following execution of a mutual non-disclosure agreement.
Measured outcomes. Institutional clarity.
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