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...
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.
Want to know more about Alex Sapir?
Check out our Top Stories below for TRD's most up-to-date coverage of Alex Sapir.
Alex Sapir Top Stories
August 21, 2019—Rotem Rosen wants $103 million from the Sapir family, and he said Alex Sapir has mishandled his late father’s estate.
June 4, 2019—Alex Sapir’s Sapir Corp. reported a loss of roughly $7.2 million in the first quarter of 2019
April 16, 2019—Alex 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.
The Latest
Alex Sapir wants to take his firm private. This could be the right time
Alex Sapir has another chance to do something he failed to pull off three years ago — seize greater...
Alex Sapir will rent out units at struggling luxury condo project in Miami
The Sapir Corp. is hoping to attract renters to its luxury condo building in Surfside. Alex Sapir’s company filed...
Sapir gets PPP loan for NYC hotel; Rotem Rosen to return his
Alex Sapir’s Sapir Corp is the latest New York City hotel owner set to land a Paycheck Protection Program...
Sapir Corp. CEO jumps to Property & Building Corp.
Sapir Corp.’s CEO Baruch Itzhak is leaving the Israeli company. Itzhak will resign effective May 20, according to a...
Alex Sapir moves to dismiss Rotem Rosen’s $100M lawsuit
For a period of several weeks this fall, it seemed the ugly battle between Alex Sapir and Rotem Rosen...
Sapir Corp.’s stock drops in Tel Aviv
The NoMo SoHo hotel owned by the Sapir Corp. saw its net operating income fall in the third quarter, dragging down the company’s overall performance in the third quarter. In the last week, Alex...
Real estate tycoon leaves one penthouse for another
Rotem Rosen is moving on. That is, into a new penthouse. The Israeli developer, having legally separated from his...
Alex Sapir’s massive Opportunity Zone site in Miami hits the market
Sapir Corp. and its partners planned to build a 1.7 million-square-foot project on an assemblage of land north of...
Alex Sapir accused of mismanaging family fortune amid feud with Rotem Rosen
Rotem Rosen isn’t just seeking $103 million from the estate of Tamir Sapir. To corroborate claims that he saved...
« Previous
Next »