Manhattan Real Estate Mogul, Elie Hirschfeld, Looking to Buy Development Opportunities in All 5 Boroughs

NEW YORK, June 23, 2010 – New York real estate tycoon, Elie Hirschfeld, announced today that he is currently looking to invest in real estate development opportunities in all five boroughs. With all sectors of the market improving in New York, now is the right time to buy.

“Now is a good time to aggressively reengage in the real estate market in New York,” says Elie Hirschfeld, President of Hirschfeld Properties, LLC. “In the next 24 months, the market is primed to bounce back.  The opportunities that exist today will not be around tomorrow.”  With job growth on the horizon and rentals in short supply, today is the day for people to make a long term investment.”

About Elie Hirschfeld

President and CEO of Hirschfeld Properties since 1997, Elie Hirschfeld has dedicated his professional life to real estate development planning and implementation. Since joining the company in 1976, Mr. Hirschfeld’s projects have included the development of prominent New York City properties such as the Grand Sutton, the Hotel Pennsylvania, the Crowne Plaza Hotel, and Park Avenue Court.

Mr. Hirschfeld is responsible for guiding the strategic direction of the company and leading all aspects of development including new project analysis, lease marketing and negotiation, legal strategies, and architectural and construction management. Elie Hirschfeld directed Hirschfeld Properties, LLC into partnerships with other distinguished real estate development firms such as the Zeckendorf Organization, the Donald Trump Organization, The Silverstein Organization, Empire Realty Group, Belz Enterprises of Memphis and the shopping mall development group, The Mel Simon Organization.

Additionally, Hirschfeld is an avid sportsman, having completed the New York City Marathon and the New York City Triathlon several times, and the Mighty Hamptons Triathlon for the last twenty consecutive years.

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