Title insurance is for everyone! A Real Estate Dynasty Passes the Torch

We are the consumer's title insurance agency.  But here's a story from the New York Times about a successful commercial real estate family which, by the way, buys title insurance when they invest,.

A Real Estate Dynasty Passes the Torch

As an apartment tower rises in Murray Hill overlooking the East River, the reins of one of New York’s highest profile family-owned development firms are being passed from one generation to the next.

The building is 685 First Avenue, a 42-story, obsidian condo-and-rental combo from the Solow Building Company, which has been active in New York since the 1960s.

Its founder and chief, Sheldon H. Solow, 89, is known as a hands-on manager who works independently, without joint-venture partners, and at his own pace, meaning projects can take years to come to life. He is legend for his patience — and litigiousness.

But the billionaire Mr. Solow seems to be loosening his tight grip. His son Stefan Soloviev, 42, who has spent years running a sprawling cattle and wheat agricultural business in New Mexico and other states, has stepped up to a bigger role at the company, with 685 First being the first major result. (Mr. Soloviev uses the family name as it was spelled before the family arrived at Ellis Island.)

Read the remainder of the story at  https://www.nytimes.com/2018/04/06/realestate/a-real-estate-dynasty-passes-the-torch.html

For your next commercial real estate transaction, house purchase, mortgage refinance, reverse mortgage, or home equity loan, contact us. We can help. Located in Fairfield, NJ, we are the title insurance agent that does it all for you.

For your next title order or

if you have questions about what you see here, contact

Stephen M. Flatow, Esq.

Vested Land Services LLC

165 Passaic Avenue, Suite 101

Fairfield, NJ 07004

Tel 973-808-6130 - Fax 973-227-0645

E-mail sflatow AT vested.com

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