Ira Rovitz

Ira Rovitz
Newmark
Commercial Real Estate Broker
Phone: (212) 372-2469
Address: 125 Park Avenue, New York, NY, USA New York, 10017, US
Executive Managing Director dealing with complicated issues that support business growth strategies.
Recipient of the Henry Hart Rice Achievement Award for the Most Ingenious Deal of The Year Award presented by the Real Estate Board of New York for his representation of NYC Health + Hospitals, the largest public health care provider in the country.
- Relocate and consolidate six locations into 50 Water Street
- Negotiated a complex four-party agreement, multi-phase consolidation/relocation
- Utilized a tax-exemption optimization strategy, capex mitigation solutions and risk-mitigated forward-lease structure
- NYC Health + Hospitals enjoyed a savings of $220 million dollars over the tern of their lease
What does a company who has a complicated real estate requirement need?
A team of experts, market research and financial consultants who can create elaborate financial models to compare the scenarios on a qualitative and quantitative basis.
Assembling this and bringing them to a project is where I am most effective. I can make the impossible possible!
A COMPANY'S GROWTH REQUIRES KEY ELEMENTS:
1) Understanding real estate and how it impacts their business decisions
2) High level thinking
3) Willing to disrupt the ordinary to create the extraordinary
4) Identifying opportunities that are consistent with their brand and reputation
5) Provide a work environment that encourages and optimizes the highest levels of productivity
6) Create competition among Landlords who are vying for your tenancy
7) Supply up to date market analysis including all relevant market comparables
8) Leverage internal financial services department to analyze the financial impact of leasing options
9) "Out caring" my competitors which requires the patience of a saint and the tenacity of a pit bull
10) Able to work around compliance issues that impact particular industries