Alex Sapir

Alex Sapir

Alex Sapir is president and CEO of the Sapir Organization, a group of privately and publicly held real estate companies which he runs with his sister, Zina Sapir, since his father’s death in 2014. He is the son of Georgian billionaire Tamir Sapir, who founded the organization.

Alex Sapir Q&A

Why is Alex Sapir significant to the real estate industry?
As CEO of the Sapir Organization Alex Sapir manages the companies’ assets. Among the properties the organization owns are 218 Madison Avenue and MTA headquarters at 2 Broadway. The companies also own a number of luxury hotel condominiums and residential spaces. Since Sapir became CEO he has overseen the sale of 11 Madison to SL Green, the purchase of the Mondrian SoHo, now called the NoMo SoHo, at 9 Crosby Street, and the launch of Sapir Corp. Ltd on the Tel Aviv Stock Exchange. The firm currently has investments in New York and Florida.
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Check out our Top Stories below for TRD's most up-to-date coverage of Alex Sapir.

Alex Sapir Top Stories

August 21, 2019Rotem Rosen wants $103 million from the Sapir family, and he said Alex Sapir has mishandled his late father’s estate.
June 4, 2019Alex Sapir’s Sapir Corp. reported a loss of roughly $7.2 million in the first quarter of 2019
May 20, 2019Alex Sapir borrows from father's estate to pay off Israeli bonds
April 16, 2019Alex Sapir dropped about $12.7 million on a six-story mansion with its own basement pool at 253 West 18th Street, property records filed Tuesday show.
September 10, 2018Prying inside Alex Sapir’s real estate empire

The Latest

REIT Privatization Activity Heats Up
National Issue

To REIT or not to REIT

Alex Sapir, whose family famously sold 11 Madison Avenue in New York for a record $2.6 billion, recently went shopping for real estate. But instead of buying a trophy asset or two, he decided...

To REIT or not to REIT
Alex Sapir and Arte by Antonio Citterio (Getty, Arte)

Developer Alex Sapir sells South Florida penthouse for $33M

Alex Sapir’s Sapir Corp. sold the penthouse at its luxury oceanfront condo building in Surfside for $33 million, marking...

Developer Alex Sapir sells South Florida penthouse for $33M
Photo illustration of Alex Sapir (iStock)

Bondholders approve Sapir Corp debt restructuring

Sapir Corp’s Israeli bondholders have decided that it’s a good idea to give the development firm a few more...

Bondholders approve Sapir Corp debt restructuring
Alex Sapir and the Tel Aviv Stock Exchange (Sapir by Clint Spaulding/Patrick McMullan via Getty Images, Jack Guez/AFP)

Sapir Corp goes private as shareholders approve buyout

Sapir Corp.’s Israeli shareholders have approved Alex Sapir’s proposal to take his real estate investment firm private — at...

Sapir Corp goes private as shareholders approve buyout

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