Kamran Hakim
Kamran Hakim | |
---|---|
Born | Iran |
Nationality | United States |
Ethnicity | Iranian Jewish |
Occupation | real estate developer |
Known for | founder of the Hakim Organization |
Religion | Judaism |
Spouse(s) | Ellen Hakim |
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]
Hakim owns a portfolio of over 200 buildings[5] worth in excess of $1.0 billion of rental properties in New York City with a concentration on the Upper West Side and the Upper East Side of New York City.[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 Mid-town Manhattan.[6][7] In 2012, he purchased the historic El Royale in Hollywood with real-estate attorney Farhad Eshaghpour for $29.5 million in cash.[8][9][10] In January 2013, he announced that he will begin construction on a 40 story apartment tower in Long Island City.[11]
In November 2012, El Royale was purchased by Kamran Hakim and Farhad Eshaghpour for $29.5 million in cash.
Personal life
Hakim practices Judaism[12] and has three children: Scott Hakim,[6] Wendy Hakim Jaffe,[13] and Catherine Hakim Brodsky.[14] He avoids publicity and prefers to operate behind the scenes.[1] He is a supporter of the Jewish Museum in Manhattan[15] and the Center for Jewish History.[16] He is on the board of International Trustees for the Israel Cancer Relief Fund.[17] Hakim owns the horse-show venue Old Salem Farm in the Hudson Valley, New York.[18][19]
References
- 1 2 3 4 5 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
- ↑ The Real Deal: "CitySites launches management group" By Andrea Cetra October 01, 2012
- 1 2 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
- ↑ Los Angeles Times: "Celebrity magnet El Royale tower said to sell for record price" By Roger Vincent October 07, 2012
- ↑ Real Estate Buzz Newsletter: "40-story rental tower coming to Eagle Electric site in Long Island City" January 29, 2013
- ↑ COL Live: "Chabad Midtown's Bar Mitzvah" December 6, 2009
- ↑ 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