HelmlseySpear hires new SVP to boost footprint

Mark Neuman previously led investments at Glory Capital

TRD 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
Blackstone closes on 44 Wall Street buy

Blackstone closes on 44 Wall Street buy

Blackstone moves closer to 44 Wall buy after Swig settlement

Blackstone moves closer to 44 Wall buy after Swig settlement

Liz Swig, Kent Swig== The American Friends of the Israel Museum 40th Anniversary Gala== Cipriani 42nd St., New York== November 6, 2005== ©Patrick McMullan== Photo-Jimi Celeste/PMc==

Liz Swig has finally found a buyer for $22.5M 740 Park pad

Kent Swig to give up 740 Park pad after reaching deal with ex

Kent Swig to give up 740 Park pad after reaching deal with ex

Liz Swig’s controversial Park Avenue pad now $10M cheaper

Liz Swig’s controversial Park Avenue pad now $10M cheaper

Kent Swig sued for allegedly failing to pay his credit card bills

Kent Swig sued for allegedly failing to pay his credit card bills

Jim Gricar out as president of Halstead

Jim Gricar out as president of Halstead

Kent Swig, Josef Mittlemann on solving the NYC affordable housing mess

Kent Swig, Josef Mittlemann on solving the NYC affordable housing mess

arrow_forward_ios
Loading...