HelmlseySpear hires new SVP to boost footprint

Mark Neuman previously led investments at Glory Capital

New York /
Jun.June 09, 2016 09:00 AM

HelmsleySpear hired Mark Neuman, former director of acquisitions at Glory Capital, to boost its investment sales and leasing operations.

“[My objective is] building this company back to where it was,” Neuman said, adding that the Kent Swig-owned firm would look to principally invest in New York commercial real estate.

Neuman will also be in charge of recruiting more agents to join the company, which has established a matching fund program that gives them the opportunity to co-invest in the firm’s purchases.

At Glory Capital, the firm led by investor Avi Ben-Dayan and his son Martin Ben-Dayan, Neuman was in charge of investment, leasing and property management.

In 1955, real estate magnate Harry Helmsley bought the management firm Spear and Company, which he renamed Helmsley Spear. During the company’s heyday it was one of the dominant firms in the city, but fell into decline after Helmsley’s death in 1997. Swig bought the company in 2007, but three years later shut down its third-party brokerage operation. — Rich Bockmann


Related Articles

arrow_forward_ios
Swig Equities president Kent Swig and 444 Madison Avenue (Photo Illustration by Steven Dilakian for The Real Deal with Getty Images and LoopNet)
Kent Swig hit with rent suit for 444 Madison Avenue HQ
Kent Swig hit with rent suit for 444 Madison Avenue HQ
Blackstone's Jonathan Gray, Fortress Investment's Peter Briger, Harry Macklowe and Donald Trump (Blackstone, Long Arc Capital, Getty Images)
The Fortress real estate hall of fame
The Fortress real estate hall of fame
The New Kings of New York, Steve Ross, Gary Barnett, Ziel Feldman, Kent Swig, Dan Doctoroff
“What happened to Ziel Feldman reminds me of what happened to Kent Swig:” An interview with the author of “The New Kings of New York”
“What happened to Ziel Feldman reminds me of what happened to Kent Swig:” An interview with the author of “The New Kings of New York”
Pick up your copy of “The New Kings of New York” today
Pick up your copy of “The New Kings of New York” today
Pick up your copy of “The New Kings of New York” today
How to steal a building in broad daylight
How to steal a building in broad daylight
How to steal a building in broad daylight
From left: 320 West 115th Street, Barry LePatner and Steven Kirschenbaum (320 West 115th Street, LePatner, LinkedIn)
LePatner sues former Swig COO for unpaid bills
LePatner sues former Swig COO for unpaid bills
New Kings of New York
Order now: “The New Kings of New York,” a book about the city’s real estate’s transformation
Order now: “The New Kings of New York,” a book about the city’s real estate’s transformation
From the rubble: How NYC real estate lived 9/11
From the rubble: How NYC real estate lived 9/11
From the rubble: How NYC real estate lived 9/11
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...