HIMMEL + MERINGOFF PROPERTIES

Himmel + Meringoff Properties is a privately held New York real estate investment company with a commitment to the long-term ownership and operation of Manhattan commercial properties. The company acquires opportunistic commercial real estate properties with significant value-add potential. For more than three decades Leslie Wohlman Himmel and Stephen Meringoff have acquired, redeveloped and repositioned over 50 commercial properties comprising over 5,000,000 square feet. While the company's ... objective is long-term ownership, a history of strategically timed dispositions has allowed for the redeployment of capital into a fully owned core portfolio. This approach has resulted in the accumulation by the individual principals of one of the most respected, privately owned Manhattan office and retail portfolios amassed over the last 35 years. Similarly, property operations managed by Meringoff Properties, Inc. adhere to the principle of in-house, vertically integrated "owner/management" common to multigenerational New York family portfolios. As a result, the portfolio maintains consistently high occupancy, high tenant retention and stable cash flow. As long-term committed owners, they take pride in their buildings and consistently reinvest in and reposition their properties to keep abreast of changing market conditions.More