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...
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
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...
Sapir Corp. posts $7M loss in first quarter
of 2019
Developer Alex Sapir’s Israeli real estate company Sapir Corp. reported a loss of 26 million shekels in the first...
of 2019
Alex Sapir borrows from father’s estate to pay off Israeli bonds
The Sapir Corp. has closed on a $32 million refinancing from the estate of Tamir Sapir to pay back...
Alex Sapir picks up $13M Chelsea townhouse for family member
UPDATE: April 17, 2019, 7:00 a.m.: The head of Sapir Corp. has snagged a seven-bedroom townhouse in Chelsea, but...
All in the family: Alex Sapir turns to relatives to complete Surfside development
Alex Sapir, through his investment firm, the Sapir Corp., is seeking shareholder approval on a deal that will let...
Alex Sapir is cutting his ties to New York — and just listed his West Chelsea apartment
Alex Sapir, the formerly New York-based real estate mogul, has listed his West Chelsea apartment for $11.5 million. The...
Prying inside Alex Sapir’s real estate empire
Last June, Alex Sapir’s ASRR Capital announced plans to build a 1.7 million-square-foot mixed-use development in Miami’s Arts &...
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