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    Rotem Rosen

    Co-Founder
    MRR Development
    600 Madison Avenue, 20th Floor
    New York, NY 10022
    (212) 754-1313

    Rotem Rosen is an Israeli-born New York real estate mogul and co-founder of MRR Development, a Manhattan based real estate development company he formed with partners Anand Mahindra, a billionaire industrialist, and Jerry Rotonda, former CFO of Deutsche Bank of the Americas.

    Rosen was the controlling shareholder and a director of publicly traded ASRR Capital from 2014 to June 2017, when it was announced he would be selling his shares to partner Alex Sapir. Rosen served as the CEO of The Sapir Organization from 2009 to 2017, where he restructured the organization after the 2008 real estate crisis, selling assets such as 11 Madison Avenue, 50 Murray and 53 Park Place for record sale prices.

    Rosen served as the CEO of AFI USA from 2005 to 2009. Rosen was known as the "right-hand man" of real estate magnate Lev Leviev.

    In 2007, he married fellow real estate heavyweight, Zina Sapir, daughter of Tamir Sapir, founder of the Sapir Organization, but the marriage ended in an acrimonious divorce, which led indirectly to  a pair of multi-million-dollar lawsuits with the Sapir Organization.

    Rosen is partners with billionaire Ferit Sahenk, owning Zuma Restaurants in New York and Las Vegas. Rosen also partnered with celebrity chef "Salt Bae" to open the Nusr-Et chain of restaurants.

    • Event Sales
    • Address 171 Ludlow Street
    • Neighborhood Lower East Side
    • Borough Manhattan
    • Square feet 199,408
    • Price $ 160,000,000
    notes
    The buyers secured the Lower East Side hotel for $160 million.
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