Meyer Chetrit | The Real Deal New York

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Meyer Chetrit

President
Chetrit Group
404 Fifth Ave #6
New York, NY 10018
(646) 230-9360

Meyer Chetrit is a member of the Chetrit family of property investors and the president of their financial vehicle, the Chetrit Group, according to a profile on the social networking site LinkedIn. Meyer, who also goes by Mike, is the brother of Joseph, Juda and Jacob Chetrit. His brother Joseph, or Joe, is the lead figure in the family firm. Meyer, who speaks English with a heavy French accent, moved to the United States from eastern Morocco. The Chetrit Group began investing in U.S. real estate in the late 1980s and early 1990s, at first buying apartment buildings in Brooklyn and Queens. Now the firm has the wherewithal to buy a skyscraper, like the Sony Tower it purchased in January 2013, for over $1 billion. The Chetrits are known more as landlords than developers. Notwithstanding their sometimes spectacular dealmaking, Meyer and his brothers aim to keep out of the media and sue people who speak to reporters about them, an unnamed person told The Real Deal in 2011. In 2011, Meyer, along with his brothers/partners, was a defendant in an employee discrimination suit in federal court. Former employee Les Kramsky alleged that Meyer and his brothers, Orthodox Jews, hired him because they believed he was also Orthodox. Once they discovered he practiced a less strict form of Judaism, they pressured him to participate in religious rituals at work and eventually fired him in 2010, Kramsky alleged. The Chetrit Group denied Kramsky'’s claims and asked that the case be dismissed; ultimately, it was settled out of court. In move that drew the media attention the brothers avoid, their firm acquired the Hotel Chelsea in May 2011 for $77.8 million and set about redeveloping it. The Chelsea'’s former owners had rented it to artists on a noncommercial basis, an approach the Chetrits did not share. Closing the hotel in August 2011 and trying to force out rent-regulated tenants proved controversial. Chetrit sold the Chelsea in 2013 to hotelier Ed Scheetz for an undisclosed sum as part of a package deal.


09/13/17
...The Chetrit Group, headed by brothers Joseph and Meyer Chetrit, and Alma Realty, founded by Efstathios Valiotis in 1988, rounded out the top five, with...

08/29/17
...from top left: 12 East 88th Street, 2255 Bedford Avenue, Meyer Chetrit and Queens Motor Inn (Credit: Google Maps) In the world of mid-market New York...

05/26/17
...New York Attorney General's office by company president Meyer Chetrit shows. The plans call for 108 for-sale units at a total sellout price of $117.5 million...

12/30/16
...debt, sources said. Chetrit, headed by Joseph and Meyer Chetrit, is also planning a 46-story apartment and hotel project at Hudson Yards.  In April...

04/05/16
...The Chetrit Group, led by brothers Joe and Meyer Chetrit, partnered with developer Shifra Hager’s Cornell Realty Management last year to acquire an...

11/13/15
...and reached an agreement with brothers Joseph and Meyer Chetrit to split up their boutique hotel portfolio. He put the Martha Washington and another...

08/04/15
...the market earlier this year. Brothers Joseph and Meyer Chetrit closed on the loan last week, which covers acquisition and pre-development costs for the...

05/14/15
...PropertyShark. Rendering of 500 Metropolitan Avenue 31 Ainslie Street, Brooklyn Meyer Chetrit applied for a 158,698-square-foot, five-story building at this Williamsburg location. The building will include...

05/06/15
...square feet included in DOB filings. In Brooklyn, Meyer Chetrit applied to build a five-story residential building at 31 Ainslie Street, also known as 452 Rodney...

02/18/15
...square footage the property allows as-of-right. Joseph and Meyer Chetrit’s development firm is looking to tap into a pair of building bonuses available...

02/17/15
...in 2013. The principal sponsors of the condos are Meyer Chetrit and David Bistricer of Clipper Equity. The lower level of 550 Madison's triplex penthouse (Credit...

01/12/15
...principal sponsors of the condo are listed as Meyer Chetrit and David Bistricer of Clipper Equity. Two of the city's most high-profile development projects...

10/15/14
...unidentified “other” unit. The sponsor was identified at Meyer Chetrit, a brother of Joseph Chetrit, another of the family members who lead the firm...

08/18/14
...Fite Shavell & Associates has brokered Joe and Meyer Chetrit of CG Florida Properties in partnership with Miami developer Ari Pearl, purchased the eight...

06/24/14
...The Chetrit Group, headed by brothers Joseph and Meyer Chetrit, partnered with Tessler Developments in 2007 to buy the property -- as well as another...

03/03/14
...The Chetrit Group, headed by brothers Joseph and Meyer Chetrit, in partnership with Brooklyn-based Cornell Realty Management, bought the adjacent buildings 245 and 247 West 34th...

11/15/13
...is coming to Williamsburg's Metropolitan Avenue, thanks to Meyer Chetrit of the Chetrit Group. The development at 500 Metropolitan Avenue, near the Lorimer subway stop...

09/06/13
...Ed Scheetz, broke away from brothers Joseph and Meyer Chetrit last month after years of tenant legal battles delayed their joint conversion of the...

08/27/13
...has reached an agreement with brothers Joseph and Meyer Chetrit to split up their boutique hotel portfolio, following a prolonged internal dispute over the...

04/08/13
...as well as Chelsea Management, Chetrit Group executives Meyer Chetrit and Michael Butler and hotel manager Lilly Sirkin as defendants. The original consent order...

09/27/11
...From left: Brothers Meyer Chetrit and Joseph Chetrit; Moinian Group CEO Joseph Moinian; Murray Hill Properties CEO Norman Sturner...

06/29/11
...didn't return calls for comment. Brothers Joseph and Meyer Chetrit will continue business as the Chetrit Group, but have relinquished the firm's 404 Fifth Avenue...

06/14/11
...started work at the company, the complaint indicates, Meyer Chetrit asked Kramsky which temple he belonged to, and whether it was an Orthodox temple...

12/27/10
...Sixth Avenue where real estate investors Yitzchak Tessler, Meyer Chetrit and Jacob Chetrit sought to build a 355,000-square-foot tower before the economic downturn disrupted...

09/08/08
...Yitzchak Tessler, father of Tessler the broker, and Meyer Chetrit into a condominium in 2006. The interior of the studio, one-, two- and three-bedroom building...
Chetrit Group, Principal
512 Seventh Avenue, 15th Floor, New York, NY, (646) 230-9360
Joseph Chetrit is a New York City real estate investor and developer. He...
Chetrit Group, Vice President
404 5th Ave #6, New York, NY, (646) 230-9360
Jeff Gdanski is a lawyer and vice president of the Chetrit Group, a...
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