Category Archives: Real Estate Sales

Getting to Know Adam Milstein

Home | Business Strategy | Getting to Know Adam Milstein

Adam Milstein is a real estate developer living in Encino, CA with his wife Gila. He has three daughters, one granddaughter and two grandsons. Adam normally hosts conversations regarding pertinent issues in the Jewish-American communities by inviting inspiring policymakers, elected officials, activists and artists.

Adam Milstein has been recognized as one of the top 25 Twitter activists and also features among the top 100 people with the most influence to the Israeli community in America. He has vehemently been opposing the agenda of the Boycott, Divestment and Sanctions Movement and concurrently written about the effects of the movement to the Jewish-American communities, both in the U.S. and abroad.

In 1974, Adam Milstein got married to his wife Gila Elgrably before moving his family to America in 1981. He later on graduated with a second degree in business administration from the University of South Carolina. Together with his wife, Adam runs a foundation christened Adam and Gifa Milstein Family Foundation. With this foundation, they have helped many continuing students and young professionals to pursue their dream careers through education. The foundation majorly focuses on assisting deprived individuals with a Jewish background. Besides, he also sits in the board of other relevant institutions, including Hasbara Fellowships, Stand by Me, Birthright Israel, and the American Israel Public Affairs Committee National Council. Adam also co-founded one of the upcoming, most-influential Jewish organizations named Israeli-American Council.

In his career line, Adam has focused on acquiring, repositioning and rehabilitating industrial, office, retail and multi-family properties. He is also the managing partner at Hager Pacific Properties, where he oversees the depositing accounting and financing departments of the firm.

Adam Milstein hails from Israel, his birth country. However, his father only migrated to Israel in 1948 when the country was being founded. As such, Hillel Milstein was also part of the revolution and worked as a combat sailor during the independence war. Hillel Milstein later on became a real estate developer. His wife, Eva Milstein, worked as a homemaker. She also migrated to Israel in 1949. The two later on got married in 1950. Adam Milstein spent most of his early years at Kiryat Motzkin. Follo him at twiiter

Luxury Real Estate in New York Reaches New Heights

Home | Real Estate Sales | Luxury Real Estate in New York Reaches New Heights

The New York City apartments for rent industry is celebrating the new year with fond memories of 2015, which has broken all previously held records for property sales in the city. As more information is released on the properties bought and sold in the city, it is becoming more clear that luxury is the name of the game.

The New York Times reported earlier this month that the real estate business in New York saw a burst of activity, with luxury townhouses, condos, duplexes and triplexes shattering every known record, culminating in the stunning official closing price on a $100.47 million penthouse at One57. While the known sales of property in all five boroughs are shocking, it is likely to be overshadowed in the coming year, with construction set to finish at various billionaire buildings that will add to the city’s skyline.

TOWN Residential, the foremost real estate firm operating in New York City, has been behind many of the priciest acquisitions. This comes as no shock because the five-year-old firm, founded by CEO Andrew Heiberger, has built a reputation for working in both residential and commercial properties, working in every aspect of the real estate business.

TOWN Residential deals exclusively in the acquisition, leasing, and sales of luxury condos, apartments, townhouses, and penthouses for the elite that call New York City home. Their current listings are all in the millions, with some as high as $20 million, cementing their reputation as the first and last stop for luxury residences in the city.

The New York Times article highlights some of the biggest sales within the city, including acquisitions by the Billionaire Leonard Blavatnik, singer Paul McCartney, while also listing some estates that were bought by unknown buyers at press time. While penthouses and duplexes in some of the newly constructed buildings along the river and by Central Park are seen as the ultimate purchases, the Times also reports that in the real estate market, townhouses are seen as bargains for the wealthy, but not the rich.

While 2015 was a banner year for the luxury real estate market, TOWN Residential CEO has made it clear in his company’s Aggregate report that 2016 sets to surpass 2015 in terms of real estate purchases. The next report from TOWN Residential, set to be released in April, will give the biggest hints of what to expect this year.