STONEHENGE NAMES EYAL REGGEV PRESIDENT Seasoned Real Estate Executive to Manage Company’s Portfolio of Over $2.7 billion, Oversee Operations, Development and Strategy
NEW YORK – November 4, 2014 – Stonehenge Partners – an owner, operator and developer of premier residential and commercial real estate – announced today that Eyal Reggev has been appointed president. Reggev joined Stonehenge in January 2013 and served as strategic advisor to the cochairman and chief executive officer, Ofer Yardeni. As president, Reggev will lead all operational activities of the fully-integrated real estate company, managing a team of 200-plus dedicated professionals. Reggev will also be responsible for strategic planning and implementing value add initiatives throughout the portfolio, as well as providing optimal service and care for its thousands of residents. “We are grateful that Eyal will continue to play a vital role in managing Stonehenge’s diverse areas of activity,” said Yardeni. “Stonehenge has benefitted tremendously from his expertise and in-depth knowledge of the real estate industry. His proven leadership and distinguished track record of performance have been instrumental to our business and will continue to make him an invaluable asset to our firm.” Since joining Stonehenge, Reggev has played a significant role in leading the development of many of the company’s most successful residential projects, including the redevelopment and repositioning of 1080 Amsterdam and 101 West 15th Street, both of which rented out in just three months, as well as 555 Sixth Avenue, a commercial retail property which boasts high-end retailers such as BFX Studio, a popular fitness experience, and FIKA, the famed Swedish espresso and chocolate bar. Prior to joining Stonehenge, Reggev served as the CEO of a preeminent publically traded real estate corporation and development group based in Israel, specializing in an abundance of real estate activities throughout Israel and Western Europe that focused on high-end and large scale residential, retail and office projects. Reggev’s high-profile projects included two of the most prestigious large-scale residential properties ever built in the state of Israel – Yoo Tel Aviv, designed by world-renowned Philippe Starck, and 1 Rothschild Boulevard, one of Israel’s most prized and commemorated residential developments. Under his leadership, the Israeli group acquired a controlling stake of one of Netherland’s largest REITs with a portfolio of 275 income-producing assets valued at $3 billion, comprised of office, industrial, and retail properties in the Netherlands, Switzerland, Belgium, and Germany. Before his direct involvement in real estate, Reggev worked for four years as an attorney for Gornitzky & Co. (one of Israel’s top five law firms), where he led a number of large-scale real estate and corporate transactions. “We have achieved great success by remaining focused on our core values and staying committed to the highest standards of excellence,” said Reggev. “I am honored to have been appointed to this role and look forward to the exciting opportunities and company growth that lie ahead.”
Reggev holds a Bachelor of Law degree from Tel Aviv University.About Stonehenge Partners Stonehenge Partners is a fully-integrated owner and operator of premier residential and commercial real estate, with a focus on value-add residential rental properties in New York City. Led by Co-Chairman and CEO Ofer Yardeni, Stonehenge today owns and manages a portfolio recently appraised at $2.73 billion which is comprised of 26 properties with more than 3,100 residential apartment units. Recognized for its above-and-beyond customer service platform and five-star lifestyle programming, Stonehenge provides a residential experience that is second to none. For more information about Stonehenge Partners, visit www.stonehengenyc.com or call 646-878-2004.