Global Holdings
{{Short description|Real estate firm led by Israeli billionaire Eyal Ofer}}
{{Infobox company
| name = Global Holdings Management Group SAM
| logo = Global Holdings logo.png
| 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.{{Cite news |date=2023-06-26 |title=Billionaire Ofer’s Firm Buys NYC Apartment Building in Gramercy |url=https://www.bloomberg.com/news/articles/2023-06-26/billionaire-ofer-s-firm-buys-nyc-apartment-building-in-gramercy |access-date=2024-10-21 |work=Bloomberg.com |language=en}}{{Cite web |last=Vinton |first=Kate |title=Israel's Richest Man To Buy 1250 Broadway For $565 Million |url=https://www.forbes.com/sites/katevinton/2016/07/08/israels-richest-man-to-buy-1250-broadway-for-565-million/ |access-date=2024-10-21 |website=Forbes |language=en}} The firm owns over 120 properties and over 2,500 hotel rooms in the United States, United Kingdom, and European Union.{{Cite web |last=Barnes |first=Cliff |date=May 31, 2022 |title=Global investor buys into Durham's new luxury high-rise |url=https://www.bizjournals.com/triangle/news/2022/05/31/novus-durham-global-holdings-management-holdings.html |access-date=2024-10-21 |website=www.bizjournals.com}}{{cite news |last1=Pendleton |first1=Devon |last2=Benmeleh |first2=Yaacov |date=4 January 2017 |title=One Winner, One Loser in Brothers' Lottery Worth Billions |url=https://www.bloomberg.com/news/articles/2017-01-04/one-winner-one-loser-in-brothers-lottery-worth-billions |accessdate=1 March 2017 |newspaper=Bloomberg}}
History
Global Holdings owns several properties on New York City's Billionaires' Row, including 520 Park Avenue.{{Cite news |last=Barbanel |first=Josh |date=March 24, 2014 |title=New Tower to Join 'Billionaires Row' |url=https://www.wsj.com/articles/new-tower-to-join-billionaires-row-1395711647 |work=The Wall Street Journal}}
Global Holdings has a $1 billion multifamily portfolio, and in recent years has prioritized rental apartments over condo developments.{{Cite news |last=Walker |first=Victoria M. |date=September 30, 2023 |title=This Kind of Luxury Is Not for Sale, but You Can Rent It |url=https://www.nytimes.com/2023/09/30/realestate/luxury-condos-nyc-anagram-columbus-circle.html |work=The New York Times}}{{Cite news |last=Morris |first=Keiko |date=February 5, 2017 |title=Property Watch: Manhattan Office Tower Gets New Name |url=https://www.wsj.com/articles/property-watch-manhattan-office-tower-gets-new-name-1486338333 |work=The Wall Street Journal}}{{Cite news |last=Morgan |first=Richard |date=August 1, 2019 |title=Street Fight: Vendors Square Off Against Nonprofit Developer Over Valuable Curb Space |url=https://www.wsj.com/articles/street-fight-vendors-square-off-against-nonprofit-developer-over-valuable-curb-space-11564691479 |work=The Wall Street Journal}} 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.{{Cite news |last=By Gina Heeb |first=Gina |last2=Overberg |first2=Paul |date=September 16, 2024 |title=These Millionaires Can Afford Their Dream Home. They’re Renting Instead. |url=https://www.wsj.com/economy/housing/these-millionaires-can-afford-their-dream-home-theyre-renting-instead-2cc86a73 |work=The Wall Street Journal}}{{Cite web |date=2023-06-26 |title=Billionaire Ofer’s firm buys NYC apartment building in Gramercy |url=https://www.businesstimes.com.sg/property/billionaire-ofers-firm-buys-nyc-apartment-building-gramercy |access-date=2024-10-21 |website=The Business Times |language=en}}
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