Edward Mermelstein

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Edward A. Mermelstein
Commissioner of the New York City
Mayor’s Office of International Affairs
Assumed office
January 5, 2022
MayorEric Adams
Preceded byPenny Abeywardena
Personal details
Born
Edward Alexander Mermelstein II

(1967-10-22) October 22, 1967 (age 54)
Ukraine
Spouse(s)Rose Caiola
Residence(s)New York, New York, U.S.
Alma materJ.D. Thomas Cooley Law School
WebsiteOfficial website

Edward Alexander Mermelstein (born October 22, 1967) is New York City’s Commissioner for International Affairs. As head of the Mayor’s Office for International Affairs, he leads the office’s mission to serve as the primary liaison between the City of New York and the diplomatic community, consular corp., and the United Nations. Formerly, a Luxury Real Estate Consultant, Foreign Investment Advisor, Attorney at Law, Media Pundit and Developer based in New York City.

Mermelstein is the founder of several companies, including the One & Only Realty, its investment arm One & Only Holdings, and the corporate & international real estate law firm Rheem Bell & Mermelstein.

Early life[edit]

Mermelstein was born to a Jewish family in 1967.[1] In 1976, he emigrated to the United States.[2] Mermelstein studied law at the Thomas Cooley Law School[citation needed] in the 1990s.

Career[edit]

On January 2, 2022, Mermelstein joined the Eric Adams administration as the Commissioner of International Affairs in the Mayor’s Office. Mermelstein has been a Foreign Investment Advisor for more than 20 years, and assists wealthy foreigners with investments and acquisitions in the United States.[3] Mermelstein has been quoted as an advocate of foreign direct investment in New York City, mainly because wealthy foreigners can achieve a glamorous lifestyle and top-notch education while investing in a moderate risk, stable economic environment with low interest rates.[4]

Mermelstein's business endeavors are operated through One & Only Realty & One & Only Holdings,[5] which specialize in the representation of foreign buyers in the acquisition of high-end properties worldwide, and provide family office planning services.[6]

Mermelstein is also the founding partner of Rheem Bell & Mermelstein, a boutique New York City law firm specializing in complex real estate transactions and the resolution of international matters.[7][8]

Mayor’s Office of International Affairs[edit]

On January 5, 2022 Mermelstein was named the commissioner of the Mayor’s Office of International Affairs by New York City Mayor Eric Adams.[9]

News Media & Accomplishments[edit]

Mermelstein is often quoted in news and on television. He has appeared on networks such as CNBC,[10] Fox Business Network,[11] and Reuters[12] in order to discuss foreign investments in the U.S. marketplace. He has been quoted in articles published by the New York Times,[13] the Wall Street Journal[14] the Financial Times,[15] Reuters,[16] and the New York Observer[17] on topics spanning from price stabilization in the NYC luxury real estate market, to the status of foreign direct investment into the U.S. marketplace. He has also contributed as a guest columnist with Forbes magazine, recently discussing the nuanced approach Chinese investors and the Chinese government are taking when it comes to investing overseas in major U.S. cities.[18]

The New York Observer named Mermelstein as one of the top ten "Lawyers You Call" in New York, saying he was one of the "few real estate attorneys to successfully grow and sustain what could fairly be described as a global boutique firm" while speaking four languages and representing an "eclectic international clientele.[19] He has been described as an "All Star attorney",[20] and his abilities as lawyer, consultant and developer have led to him being called a "power attorney"[21] and a "certified triple threat in the real estate world."[19]

Philanthropy[edit]

Mermelstein is the Chairman Emeritus[22] of the Council of Jewish Émigré Community Organizations (COJECO), a central coordinating body in the Russian Jewish community that works with its member organizations and community leaders to accelerate the integration of the Russian-speaking Jewish community into American life and the larger Jewish community.[23]

Mermelstein is a member of the Board of Overseers for the NYU Department of Arts & Sciences, whose mission is to create one of the handful of truly great arts and science schools in the world.[24] Mermelstein also serves as a mentor to the Young Jewish Professionals Real Estate Network based in New York City.[25]

Mermelstein is also President of the international search and rescue organization, ZAKA.[26] ZAKA is a UN-recognized international rescue organization, that trains thousands of volunteers around the world, to respond in times of major disaster.[27] Guatemala's Secretary of Peace has awarded ZAKA volunteers with the honor of "Ambassador of Peace", thanks to their assistance and efforts towards the crisis in Guatemala, 2019.[28] ZAKA has also been honored by UN Secretary General, Ban Ki-moon, in having him state that he "Commends ZAKA for their invaluable work in emergency settings across the globe"[29]

In June 2019, Mermelstein was appointed to lead the 2019 Celebrate Israel Parade as its Grand Marshal, up 5th Avenue. The Parade is the largest public event celebrating Israel in the world highlighting Israel's rich heritage, vibrant culture, and the positive impact the Jewish and democratic state of Israel has on the lives of people around the world.[30] Prior to the event Mermelstein stated that “As an immigrant New Yorker and a proud Jew, walking up Fifth Avenue as the grand marshal of the Celebrate Israel Parade is the pinnacle of the American dream. I am so proud to stand with Israel.”[31]

Mermelstein is also a board member for JDC, knowns as The Joint. JDC strengthens communities in over 70 countries and aids areas in which are of need of help, bringing in traditional Jewish values.[32]

Personal life[edit]

Mermelstein is married to actress, producer, and 4 time Tony winner Rose Caiola.[33] Caiola is a former ballet dancer and founder of the Manhattan Youth Ballet and the Manhattan Movement and Arts Center, a New York City based creative community conceived for the purpose of "allowing people of all ages and levels to explore dance and movement: for children to exercise their limitless curiosity and creativity, for young dancers to refine their technique and artistry, for choreographers and dancers to rehearse and develop their works, and for organizations and businesses to stage performances and special events in a refined setting."[34][35][36][37]/[38]

References[edit]

  1. ^ Idov, Michael (May 30, 2010). "Klub Prokhorov". New York.
  2. ^ Idov, Michael (May 30, 2010). "The Russian Invasion". New York.
  3. ^ "Russian oligarchs storm property market in US – report". MosNews.com. July 15, 2010.
  4. ^ Residence, Haute (25 September 2017). "Op-Ed: Edward Mermelstein's Vision For New York". Op-Ed: Edward Mermelstein’s Vision For New York. Retrieved April 18, 2018.
  5. ^ "One & Only Realty - Truly Exceptional Luxury Real Estate | Элитная недвижимость в США". www.oneandonlyrealty.com. Retrieved 2018-03-28.
  6. ^ Mermelstein, Edward. "Edward A. Mermelstein". linkedin.com.
  7. ^ "Edward A. Mermelstein Announces Partnership With Uel Rheem and Christine Bell to Form Rheem Bell & Mermelstein LLP" (PDF) (Press release). Rheem Bell & Mermelstein LLP. April 26, 2010.[permanent dead link]
  8. ^ The Real Deal: "5 questions for attorney Edward Mermelstein" October 07, 2010
  9. ^ "Mayor Adams Announces Members of his Senior Team". www1.nyc.go. January 5, 2022. Retrieved January 5, 2022. Eric Ulrich joins the Adams administration as senior advisor to the mayor.
  10. ^ "From Russia with Cash". CNBC. 26 February 2013.
  11. ^ "Why are Russians Buying up NYC Real Estate?".
  12. ^ Edward Mermelstein on Reuters - Foreign Interest in US Real Estate. YouTube. Archived from the original on 2021-12-09.
  13. ^ Kaminer, Ariel (11 November 2013). "Giving Foreign Clients a Piece of New York's Luxury Real Estate". The New York Times.
  14. ^ Barbanel, Josh (30 December 2011). "Penthouse Near Carnegie hall Gets Ever-Higher Asking Price". Wall Street Journal.
  15. ^ Weaver, Courtney (June 2017). "Trump's legal pugilism faces heavyweight challenge". Financial Times.
  16. ^ Miller, Sumeet Chatterjee (2 March 2018). "China's latest conglomerate crackdown casts dealmaking shadow". Reuters.
  17. ^ "Edward Mermelstein". The New York Observer.
  18. ^ "Chinese Billionaires Have Yuan Concern: Preserving Their Wealth". Forbes.
  19. ^ a b Sederstrom, Jotham (December 1, 2009). "The Lawyers You Call". The New York Observer.
  20. ^ "Archived copy". The New York Observer. Archived from the original on 2012-02-15. Retrieved 2011-02-20.{{cite web}}: CS1 maint: archived copy as title (link)
  21. ^ "Here's Who is Set to Cash in on a Trump Real Estate Surge". 5 December 2016.
  22. ^ "Staff & Board of Directors - COJECO | COJECO". 2 January 2015.
  23. ^ "COJECO - the Council of Jewish Émigré Community Organizations".
  24. ^ Mermelstein, Edward. "Edward A. Mermelstein". as.nyu.edu.
  25. ^ Young Jewish Professionals Real Estate Network: "Young Jewish Professionals Real Estate Network Holds All Star Panel" by Marc Becker Archived 2014-02-01 at the Wayback Machine November 13, 2009
  26. ^ "Edward Mermelstein Appointed President of ZAKA Search & Rescue in the US". 17 October 2018.
  27. ^ https://www.zaka.us/Breaking_news/181018
  28. ^ "ZAKA volunteer awarded 'Ambassador of Peace' honor in Guatemala". August 2019.
  29. ^ "The United Nations Salutes Zaka". 5 December 2016.
  30. ^ "Grand Marshal + Others Announced for the 2019 Celebrate Israel Parade". 25 May 2019.
  31. ^ https://celebrateisraelny.org//wp-content/uploads/2019/04/Celebrate-Israel-Parade-2019-Pre-Press-Release.pdf[bare URL PDF]
  32. ^ "Officers & Board Members | JDC". 24 January 2021.
  33. ^ UJA Federation of new York: "UJA-Federation of New York Presents Lifetime Achievement Award to Alex Shchegol - Toby and Ron Hersh receive the Lydia Vareljan Humanitarian Award and Rose Caiola and Edward A. Mermelstein receive the Young Leadership Award Archived 2014-02-01 at the Wayback Machine June 23, 2011
  34. ^ Caiola, Rose. "Manhattan Movement and Arts Center". manhattanmovement.com.
  35. ^ "About".
  36. ^ Haute Living magazine: "Haute Secrets New York: Rose Caiola" by Michelle Won December 9, 2010
  37. ^ "Rose Caiola". IMDb.
  38. ^ "Rose Caiola | Caiola Productions". 15 December 2012.

External links[edit]

Political offices
Preceded by Commissioner of Mayor’s Office of International Affairs
2022–present
Incumbent