Global Holdings Explained

Global Holdings Management Group SAM
Hq Location:	New York City, United States
Key People:	Eyal Ofer (Chairman) Jonathan 'JJ' Ofer (CEO)

Global Holdings Management Group is a real estate firm based in New York City led by Israeli billionaire Eyal Ofer.^{[1] [2]} The firm owns over 120 properties and over 2,500 hotel rooms in the United States, United Kingdom, and European Union.^{[3] [4]}

History

Global Holdings owns several properties on New York City's Billionaires' Row, including 520 Park Avenue.^[5]

Global Holdings has a $1 billion multifamily portfolio, and in recent years has prioritized rental apartments over condo developments.^{[6] [7] [8]} Recent apartment developments include the Anagram Columbus Circle, a 123-unit luxury apartment complex across from the Mandarin Oriental hotel in Columbus Circle, New York City.^{[9] [10]}

Investments

Notable properties owned by the company include:

• 15 Central Park West
• Anagram Columbus Circle
• The Novus
• 50 United Nations Plaza
• 1250 Broadway
• 51 Irving Place

References

1. News: 2023-06-26 . Billionaire Ofer’s Firm Buys NYC Apartment Building in Gramercy . 2024-10-21 . Bloomberg.com . en.
2. Web site: Vinton . Kate . Israel's Richest Man To Buy 1250 Broadway For $565 Million . 2024-10-21 . Forbes . en.
3. Web site: Barnes . Cliff . May 31, 2022 . Global investor buys into Durham's new luxury high-rise . 2024-10-21 . www.bizjournals.com.
4. News: Pendleton . Devon . Benmeleh . Yaacov . 4 January 2017 . One Winner, One Loser in Brothers' Lottery Worth Billions . 1 March 2017 . Bloomberg.
5. News: Barbanel . Josh . March 24, 2014 . New Tower to Join 'Billionaires Row' . The Wall Street Journal.
6. News: Walker . Victoria M. . September 30, 2023 . This Kind of Luxury Is Not for Sale, but You Can Rent It . The New York Times.
7. News: Morris . Keiko . February 5, 2017 . Property Watch: Manhattan Office Tower Gets New Name . The Wall Street Journal.
8. News: Morgan . Richard . August 1, 2019 . Street Fight: Vendors Square Off Against Nonprofit Developer Over Valuable Curb Space . The Wall Street Journal.
9. News: By Gina Heeb . Gina . Overberg . Paul . September 16, 2024 . These Millionaires Can Afford Their Dream Home. They’re Renting Instead. . The Wall Street Journal.
10. Web site: 2023-06-26 . Billionaire Ofer’s firm buys NYC apartment building in Gramercy . 2024-10-21 . The Business Times . en.