Jacob Frydman, Journey of a New York Based real estate developer & investor.

Who is Jacob Frydman?

Hashivalayan
3 min readMar 31, 2020
Jacob Frydman

Jacob Frydman is a New York-based real estate developer and investor who is investing in commercial real estate projects in the East Coast of the United States from past 30 years and more. His popular real estate investments in New York are acquisition of the Global Crossing building from Goldman Sachs, and acquisition of 500 Tenth Avenue, later on he re-constructed them into the DHL Center in Manhattan.

When Jacob is born?

Jacob Frydman born on 5 September 1957 in New York City, United States. He is raised and living in same. Frydman was born to a Jewish family, the son of Lea (née Fishman) and Michel Frydman.

Whats Jacob’s Education?

He has a B.S.(Bachelor of Science) in Finance from Boston University and a J.D.(Juris Doctor) from Case Western Reserve University School of Law.

Whats Story Behind Career in Real Estate?

From the early age Jacob had interest in construction as his father owned a construction company in New Jersey. The footprints and lessons of childhood made a pathway of realty for him in younger age.

What are the Companies he is or was associated with?

Here are the list of Key Companies we have collected from various resources.

  1. United Realty Trust Inc
  2. Bardavon Opera House
  3. United Realty Advisors LP
  4. Lambdastar Infrastructure Partners LLC
  5. Hudson York Capital LLC
  6. Cabot Lodge Securities
  7. Starrett Corporation
  8. United Realty Students

How Rich is Jacob Frydman will be in 2020?

Information is approximate collected from various resources. Jacob will be worth $5 million to $10 million by the end of 2020. His estimated net worth in 2019 was $4 million to $5 million. Primary income source will be the same real estate developments and investments.

Why he is Famous?

Frydman has spent majority of his career focused on great value added investments based on his strengths in structuring, financing, developing and executing highly complex real estate transactions. It is assumed Mr. Frydman has invested in or advised on more than $2 Billion of real estate transactions till the middle of 2019. Mr. Frydman has participated as a speaker and panelist at numerous industry seminars, where he speaks on matters relating to real estate investments, structuring and development of real estate properties and more. He has been a guest lecturer on real estate finance at Columbia University, and in the Master’s Lecturer series sponsored by New York Law School. Jacob frequently appears on television programs including CNBC, Bloomberg TV, FOX News, and others to discuss trends in commercial real estate. All of the above with a million dollars successful business person make him a well known and famous personality.

What are Notable transactions of Jacob Frydman’s career?

The Notable deal of Jacob were Two Dag Hammarskjöld Plaza, which was an office condominium tower in midtown Manhattan, the old tower were used by foreign governments for their missions to the United Nations, and redeveloping the Aetna Building in lower Manhattan’s financial district. He acquired the unfinished Global Crossing New York headquarters from Goldman Sachs in mid 2000 and repositioned it as an office tower. He purchased the NBC News New York television studios from NBC’s parent, General Electric and then entered into an agreement with Procter & Gamble, where he produced the long-running TV show “As the World Turns” from 1999 to 2010. Mr. Frydman acquired 500 Tenth Avenue in Manhattan which he successfully redeveloped into the DHL Center.

Is Jacob Frydman Married?

The answer is Yes, He is married twice. Elyse J. Frydman was his first wife who he married in 1984 later in 1997 they divorced. In 1998 Frydman married to another women Monica Libin, She is his preset wife.

Does He have Children?

The answer is Yes, He got two children from Elyse J. Frydman.

Does Jacob Dead or Alive?

As per our current Database, Jacob Frydman is still alive and 62 year old( Dated 31 March 2020)

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