Kamran Hakim
Kamran Hakim | |
|---|---|
| Born | |
| Nationality | United States |
| Occupation | real estate developer |
| Known for | founder of the Hakim Organization |
| Spouse | Ellen Manocherian |
| Children | Scott Hakim Wendy Hakim Jaffe Catherine Hakim Brodsky |
Kamran Hakim is a New York-based real estate investor[1] and one of New York City's largest private landlords.[2]
Biography
Hakim was born to an Iranian Jewish family in Iran and then immigrated to the United States.[1][3] He founded the Hakim Organization in 1978.[4] He is press shy and typically avoids the limelight.[5]
Hakim owns a portfolio of over 200 buildings[6] worth in excess of $7.0 billion with a concentration on New York City's Upper West Side and Upper East Side.[1] Hakim's focus is to purchase rent-stabilized buildings that need infrastructure investment, make the necessary capital improvements, and then transition them to the market rate.[1] In 2003, he and his son Scott Hakim erected the 480 unit, $150 million, The Anthem, on the East Side of Midtown Manhattan.[7][8] In November 2012, he purchased the historic El Royale in Hollywood with real-estate attorney Farhad Eshaghpour for $29.5 million in cash.[9][10] In 2017, Hakim developed 1 QPS with Property Markets Group and New Valley.[11] In 2017, Hakim also purchased one of the largest vacant sites in Gowanus, Brooklyn with Yoel Goldman and Property Markets Group.[12] In 2018, he entered contract alongside Shahal M. Khan to buy Manhattan's Plaza Hotel for $600 million.[13]
Personal life
Hakim practices Judaism[14] and is married to Ellen Manocherian of the Manocherian family, a prominent real estate development family in New York City.[15] They have three children: Scott Hakim,[7] Wendy Hakim Jaffe,[16] and Catherine Hakim Brodsky.[17] He avoids publicity and prefers to operate behind the scenes.[1] He is a supporter of the Jewish Museum in Manhattan[18] and the Center for Jewish History.[19] He is on the board of International Trustees for the Israel Cancer Relief Fund.[20] Hakim owns the horse-show venue Old Salem Farm in the Hudson Valley, New York.[21][22]
References
- ^ a b c d e The Real Deal: "Quiet players - Meet some New York City empire builders who shun the spotlight" by Gabby Warshawer September 01, 2009
- ^ Los Angeles Business Journal: "El Royale apartments sell for $30 million: report" October 9, 2012
- ^ The Real Deal: "Clans with plans" By Adam Pincus February 01, 2011
- ^ Hakim Organization website retrieved December 23, 2013
- ^ https://therealdeal.com/issues_articles/the-quiet-players/
- ^ The Real Deal: "CitySites launches management group" By Andrea Cetra October 01, 2012
- ^ a b City Realty: "Building Review: The Anthem (222 East 34th Street, between Second Avenue & Third Avenue)" by Carter Horsley
- ^ New York Times: "Residential Real Estate; A Large Rental Building for the East Side of Midtown" By RACHELLE GARBARINE April 18, 2003
- ^ Wall Street Journal: "A Hollywood Icon's Turning Point - The El Royale, a longtime movie-star haunt, changes owners. Aiming to keep the stars—and fix the elevator" By Lauren Schuker Blum November 1, 2012
- ^ Hollywood Reporter: "Iconic El Royale Sells for Nearly $30 Million - The Los Angeles apartment building has been home to Hollywood luminaries from Clark Gable to Judd Apatow" by Joelle Katz October 08, 2012
- ^ Maurer, Mark. ""PMG, Hakim and Lorber get $213M refi for 1 QPS"". The Real Deal. Korangy Publishing. Retrieved 8 August 2017.
- ^ Maurer, Mark. ""Yoel Goldman, Hakim partner with PMG on one of Gowanus' biggest vacant sites"". The Real Deal. Korangy Publishing. Retrieved 8 August 2017.
- ^ https://therealdeal.com/2018/05/03/shahal-khan-kamran-hakim-in-contract-to-buy-plaza-hotel-for-600m-sources/
- ^ COL Live: "Chabad Midtown's Bar Mitzvah" December 6, 2009
- ^ Bloomberg News: "Iran-Born Billionaire Hakim Emerges With NYC Properties" by Caleb Melby September 29, 2014
- ^ Center for Jewish History - CJH Today Bulletin: "Real Estate Event Builds Community Connections" Summer 2008
- ^ New York Times: "WEDDINGS; Catherine Hakim, Adam Brodsky" by March 15, 1998
- ^ The Jewish Museum: "Museum Council Members" retrieved December 23, 2013
- ^ Center for Jewish History Bulletin September 2008
- ^ ICRF International Board of Trustees retrieved December 23, 2013
- ^ WAG Magazine: "Fit to ride" by Georgette Gouveia 2013
- ^ The Journal News Media Group: "Old Salem Farm, Hudson Valley jump into equestrian spotlight with prestigious Gold Cup" by Rob Ryser September 8, 2012