
Himmel + Meringoff Properties is a privately-held real estate investment firm that has been playing a primary role in the New York City office market since its formation in 1985. Its principals, Leslie W. Himmel and Stephen J. Meringoff, own and operate in excess of two million square feet of office and retail space and have operated together as one of New York City’s most well-respected and successful real estate partnerships for over 25 years. Ms. Himmel and Mr. Meringoff are the company’s sole principals and maintain ownership of virtually all of the equity in their properties themselves. Their long-term acquisition strategy is based on successfully identifying and evaluating well-located but under-performing and under-utilized properties and structuring transactions that are often highly customized to meet the disposition objectives of the then existing property owners. They are committed to long-term ownership and the continuing creation of value in their portfolio.
The Himmel + Meringoff acquisition team maintains a streamlined decision making process which allows the company to quickly analyze investment opportunities, quantify the risk, and commit the resources necessary to react to opportunities expeditiously. Extensive in-house due diligence, creativity, confidentiality and an ability to make decisions quickly are the company’s distinctive strengths. Regardless of the transaction structure, the company can close quickly on an all cash basis.
Properties selected for acquisition are usually those where inherent risks can be mitigated through prudent underwriting, in-house management and financial structuring. The key to Himmel + Meringoff Properties long-term success is the company’s ability to subsequently enhance a property’s value through capital and tenant improvements, operations and leasing.
Himmel + Meringoff Properties has a wide network of strong relationships with financial institutions, leasing and sales brokers, and tenants.
To submit a property for consideration please contact:
Leslie W. Himmel, Partner lhimmel@himmelmeringoff.com
Himmel + Meringoff Properties, Inc.
30 West 26th Street
New York, NY 10010
212-888-1811
212-929-2220
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