Edward Mermelstein

Edward A. Mermelstein
Born 1967 (age 50–51)
Ukraine
Residence New York City
Nationality United States
Education J.D. Thomas Cooley Law School
Occupation real estate attorney
Spouse(s) Rose Caiola

Edward A. Mermelstein (born c. 1967) is a Luxury Real Estate Consultant, Foreign Investment Advisor, Attorney at Law, Media Pundit and Developer based in New York City.

Mermelstein is the founder of several companies, including the One & Only Realty, its investment arm One & Only Holdings, and the corporate & international real estate law firm Rheem Bell & Mermelstein.

Early life

Mermelstein was born to a Jewish family in 1967.[1] In 1976, he emigrated to the United States.[2] Mermelstein studied law at the Thomas Cooley Law School in the 1990s.

Career

Mermelstein has been a Foreign Investment Advisor for more than 20 years, and assists wealthy foreigners with investments and acquisitions in the United States.[3] Mermelstein has been quoted as an advocate of foreign direct investment in New York City, mainly because wealthy foreigners can achieve a glamorous lifestyle and top-notch education while investing in a moderate risk, stable economic environment with low interest rates.[4]

Mermelstein's business endeavors are operated through One & Only Realty & One & Only Holdings,[5] which specialize in the representation of foreign buyers in the acquisition of high-end properties worldwide, and provide family office planning services.[6]

Mermelstein is also the founding partner of Rheem Bell & Mermelstein, a boutique New York City law firm specializing in complex real estate transactions and the resolution of international matters.[7][8]

News Media & Accomplishments

Mermelstein is often quoted in news and on television. He has appeared on networks such as CNBC,[9] Fox Business Network,[10] and Reuters[11] in order to discuss foreign investments in the U.S. marketplace. He has been quoted in articles published by the New York Times,[12] the Wall Street Journal[13] the Financial Times,[14] Reuters,[15] and the New York Observor[16] on topics spanning from price stabilization in the NYC luxury real estate market, to the status of foreign direct investment into the U.S. marketplace. He has also contributed as a guest columnist with Forbes magazine, recently discussing the nuanced approach Chinese investors and the Chinese government are taking when it comes to investing overseas in major U.S. cities.[17]

The New York Observer named Mermelstein as one of the top ten "Lawyers You Call" in New York, saying he was one of the "few real estate attorneys to successfully grow and sustain what could fairly be described as a global boutique firm" while speaking four languages and representing an "eclectic international clientele.[18] He has been described as an "All Star attorney",[19] and his abilities as lawyer, consultant and developer have led to him being called a "power attorney"[20] and a "certified triple threat in the real estate world."[18]

Philanthropy

Mermelstein is the President of the Council of Jewish Émigré Community Organizations (COJECO), a central coordinating body in the Russian Jewish community that works with its member organizations and community leaders to accelerate the integration of the Russian-speaking Jewish community into American life and the larger Jewish community.[21]

Mermelstein is a member of the Board of Overseers for the NYU Department of Arts & Sciences, whose mission is to create one of the handful of truly great arts and science schools in the world.[22] Mermelstein also serves as a mentor to the Young Jewish Professionals Real Estate Network based in New York City.[23]

Personal life

Mermelstein is married to actress, producer, and 4 time Tony winner Rose Caiola.[24] Caiola is a former ballet dancer and founder of the Manhattan Youth Ballet and the Manhattan Movement and Arts Center, a New York City based creative community conceived for the purpose of "allowing people of all ages and levels to explore dance and movement: for children to exercise their limitless curiosity and creativity, for young dancers to refine their technique and artistry, for choreographers and dancers to rehearse and develop their works, and for organizations and businesses to stage performances and special events in a refined setting."[25][26][27][28]/[29]

References

  1. ↑ Idov, Michael (May 30, 2010). "Klub Prokhorov". New York.
  2. ↑ Idov, Michael (May 30, 2010). "The Russian Invasion". New York.
  3. ↑ "Russian oligarchs storm property market in US – report". MosNews.com. July 15, 2010.
  4. ↑ Residence, Haute (Op-Ed: Edward Mermelstein’s Vision For New York). "Op-Ed: Edward Mermelstein's Vision For New York". Op-Ed: Edward Mermelstein’s Vision For New York. Retrieved April 18, 2018. Check date values in: |date= (help)
  5. ↑ "One & Only Realty - Truly Exceptional Luxury Real Estate | Элитная недвижимость в США". www.oneandonlyrealty.com. Retrieved 2018-03-28.
  6. ↑ Mermelstein, Edward (LinkedIn). "Edward A. Mermelstein". linkedin.com. Check date values in: |date= (help)
  7. ↑ "Edward A. Mermelstein Announces Partnership With Uel Rheem and Christine Bell to Form Rheem Bell & Mermelstein LLP" (PDF) (Press release). Rheem Bell & Mermelstein LLP. April 26, 2010.
  8. ↑ The Real Deal: "5 questions for attorney Edward Mermelstein" October 07, 2010
  9. ↑ https://www.cnbc.com/video/2013/02/26/from-russia-with-cash.html
  10. ↑ http://video.foxbusiness.com/v/2277724928001/?#sp=show-clips
  11. ↑ https://www.youtube.com/watch?v=8RDJJYOrRPw
  12. ↑ https://www.nytimes.com/2013/11/12/nyregion/giving-foreign-clients-a-piece-of-new-yorks-luxury-real-estate.html
  13. ↑ Barbanel, Josh. "Penthouse Near Carnegie hall Gets Ever-Higher Asking Price".
  14. ↑ https://www.ft.com/content/d017c690-465f-11e7-8519-9f94ee97d996
  15. ↑ https://www.reuters.com/article/us-china-companies-analysis/chinas-latest-conglomerate-crackdown-casts-dealmaking-shadow-idUSKCN1GE18D
  16. ↑ http://observer.com/author/edward-mermelstein/
  17. ↑ https://www.forbes.com/sites/outofasia/2017/07/26/chinese-billionaires-have-yuan-concern-preserving-their-wealth/#6defe35b278c
  18. 1 2 Sederstrom, Jotham (December 1, 2009). "The Lawyers You Call". The New York Observer.
  19. ↑ http://www.observer.com/term/edward-mermelstein
  20. ↑ http://www.ozy.com/fast-forward/heres-who-is-set-to-cash-in-on-a-trump-real-estate-surge/74281
  21. ↑ https://www.idealist.org/en/nonprofit/589b4ed1e5d545bd94d869b1488c6b27-cojeco-the-council-of-jewish-emigre-community-organizations-new-york?
  22. ↑ Mermelstein, Edward. "Edward A. Mermelstein". as.nyu.edu.
  23. ↑ Young Jewish Professionals Real Estate Network: "Young Jewish Professionals Real Estate Network Holds All Star Panel" by Marc Becker Archived 2014-02-01 at the Wayback Machine. November 13, 2009
  24. ↑ UJA Federation of new York: "UJA-Federation of New York Presents Lifetime Achievement Award to Alex Shchegol - Toby and Ron Hersh receive the Lydia Vareljan Humanitarian Award and Rose Caiola and Edward A. Mermelstein receive the Young Leadership Award June 23, 2011
  25. ↑ Caiola, Rose. "Manhattan Movement and Arts Center". manhattanmovement.com.
  26. ↑ http://www.manhattanmovement.com/about/
  27. ↑ Haute Living magazine: "Haute Secrets New York: Rose Caiola" by Michelle Won December 9, 2010
  28. ↑ https://www.imdb.com/name/nm0129026/
  29. ↑ http://caiolaproductions.com/rose-caiola/
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