New YorkNov 16, 2020Sapir Corp names Sharon Raz CEOReal estate and finance veteran was previously CFO at Elad U.S. Holding
New YorkNov 9, 2020Sapir Corp CEO Amir Richulsky resignsFormer director of finance heading to another company
New YorkAug 25, 2020Bondholders approve Sapir Corp debt restructuringAlex Sapir’s development firm now has 5 years until $44M bond series matures; $8M will be paid immediately
New YorkAug 20, 2020Sapir Corp seeks bondholder approval for $44M debt restructuringMaturity would be pushed back to 2025; latest developer facing coronavirus cash flow problems
New YorkJul 1, 2020Sapir Corp’s earnings highlight challenges facing NYC hotelsNoMo Soho stayed open throughout pandemic, but occupancy fell to 1.9% in April, as property missed out on government contracts
New YorkFeb 21, 2020Sapir Corp. CEO jumps to Property & Building Corp.Itzhak joined Sapir Corp. in 2018