Edward Mermelstein

Edward Alexander Mermelstein (born October 22, 1967) is New York City’s Commissioner for International Affairs. He is also an attorney, financial investment advisor, media pundit and real estate developer.

Edward A. Mermelstein
Commissioner of the New York City
Mayor’s Office of International Affairs
Assumed office
January 5, 2022
MayorEric Adams
Preceded byPenny Abeywardena
Personal details
Born
Edward Alexander Mermelstein

(1967-10-22) October 22, 1967
Ukraine
SpouseRose Caiola
ChildrenTwo sons
Residence(s)New York, New York, U.S.
Alma materNew York University and Western Michigan University Thomas M. Cooley School of Law (J.D.)
WebsiteOfficial website

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.[1][2]

Early life

Mermelstein was born to a Jewish family in 1967.[3] In 1976, he emigrated to the United States,[4] where he attended the Bronx High School of Science. He joined the US Army while still in high school. After his Army training, Mermelstein attended NYU and graduated in 1991 with a B.A. in Psychology. Mermelstein studied law at the Thomas Cooley Law School[5] in the 1990's.

Career

On January 3, 2022, Mermelstein joined the Eric Adams administration as the Commissioner of International Affairs in the Mayor’s Office. Mermelstein has been a foreign investment advisor for more than 20 years, and assists wealthy foreigners with investments and acquisitions in the United States.[6] Mermelstein has been quoted as an advocate of foreign direct investment in New York City, mainly because foreigners can achieve a comfortable lifestyle and top-notch education while investing in a moderate risk, stable economic environment with low interest rates.[7]

Mermelstein's business endeavors are operated through One & Only Realty & One & Only Holdings,[8] which specialize in the representation of foreign buyers in the acquisition of Real Estate worldwide, and provide family office planning services.[9]

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.[10][11]

Mayor’s Office of International Affairs

On January 5, 2022 Mermelstein was named the commissioner of the Mayor’s Office of International Affairs by New York City Mayor Eric Adams.[12]

News Media & Accomplishments

Mermelstein has appeared on various television networks such as CNBC,[13] Fox Business Network,[14] and Reuters[15] discussing foreign investments in the U.S. marketplace. He has been quoted in articles published by the New York Times,[16] the Wall Street Journal[17] the Financial Times,[18] Reuters,[19] and the New York Observer[20] 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.[21]

The New York Observer named Mermelstein as one of the top ten "Lawyers You Call" in New York.[22] He has been described as an "All Star attorney",[23] and his abilities as a lawyer, consultant and developer have led to him being called a "power attorney"[24] and a "certified triple threat in the real estate world."[22]

Philanthropy

Mermelstein is the Chairman Emeritus[25] of the Council of Jewish Émigré Community Organizations (COJECO).[26]

Mermelstein is a member of the Board of Overseers for the New York University Department of Arts & Sciences.[27] Mermelstein also served as a mentor to the Young Jewish Professionals Real Estate Network based in New York City.[28]

Mermelstein also served as President of the international search and rescue organization, ZAKA.[29]

In June 2019, Mermelstein was appointed to Grand Marshal of the 2019 Celebrate Israel Parade.[30] Mermelstein stated his supoprt for Israel.[31]

Mermelstein is also a board member for the American Jewish Joint Distribution Committee.[32]

Personal life

Mermelstein is married to former ballet dancer Rose Caiola.[33]

References
  1. "One & Only Realty | New York Real Estate Agent: Houses, Condos and Homes". www.oneandonlyrealty.com. Retrieved 2023-05-09.
  2. admin. "Rheem Bell & Freeman LLP - Multi-lingual, Transactional & Litigation Law Firm". Rheem Bell & Freeman LLP. Retrieved 2023-05-09.
  3. Idov, Michael (May 30, 2010). "Klub Prokhorov". New York.
  4. Idov, Michael (May 30, 2010). "The Russian Invasion". New York.
  5. "WMU-Cooley Law School". www.cooley.edu. Retrieved 2022-10-28.
  6. "Russian oligarchs storm property market in US – report". MosNews.com. July 15, 2010.
  7. Residence, Haute (25 September 2017). "Op-Ed: Edward Mermelstein's Vision For New York". Op-Ed: Edward Mermelstein’s Vision For New York. Retrieved April 18, 2018.
  8. "One & Only Realty - Truly Exceptional Luxury Real Estate | Элитная недвижимость в США". www.oneandonlyrealty.com. Retrieved 2018-03-28.
  9. Mermelstein, Edward. "Edward A. Mermelstein". linkedin.com.
  10. "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.
  11. The Real Deal: "5 questions for attorney Edward Mermelstein" October 07, 2010
  12. "Mayor Adams Announces Members of his Senior Team". www1.nyc.go. January 5, 2022. Retrieved January 5, 2022. Eric Ulrich joins the Adams administration as senior advisor to the mayor.
  13. "From Russia with Cash". CNBC. 26 February 2013.
  14. "Why are Russians Buying up NYC Real Estate?". 3 February 2017.
  15. Edward Mermelstein on Reuters - Foreign Interest in US Real Estate. YouTube. Archived from the original on 2021-12-09.
  16. Kaminer, Ariel (11 November 2013). "Giving Foreign Clients a Piece of New York's Luxury Real Estate". The New York Times.
  17. Barbanel, Josh (30 December 2011). "Penthouse Near Carnegie hall Gets Ever-Higher Asking Price". Wall Street Journal.
  18. Weaver, Courtney (June 2017). "Trump's legal pugilism faces heavyweight challenge". Financial Times.
  19. Miller, Sumeet Chatterjee (2 March 2018). "China's latest conglomerate crackdown casts dealmaking shadow". Reuters.
  20. "Edward Mermelstein". The New York Observer.
  21. "Chinese Billionaires Have Yuan Concern: Preserving Their Wealth". Forbes.
  22. Sederstrom, Jotham (December 1, 2009). "The Lawyers You Call". The New York Observer.
  23. "Edward Mermelstein | the New York Observer". The New York Observer. Archived from the original on 2012-02-15. Retrieved 2011-02-20.
  24. "Here's Who is Set to Cash in on a Trump Real Estate Surge". 5 December 2016.
  25. "Staff & Board of Directors - COJECO | COJECO". 2 January 2015.
  26. "COJECO - the Council of Jewish Émigré Community Organizations".
  27. Mermelstein, Edward. "Edward A. Mermelstein". as.nyu.edu.
  28. 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
  29. "Edward Mermelstein Appointed President of ZAKA Search & Rescue in the US". 17 October 2018.
  30. "Grand Marshal + Others Announced for the 2019 Celebrate Israel Parade". 25 May 2019.
  31. https://celebrateisraelny.org//wp-content/uploads/2019/04/Celebrate-Israel-Parade-2019-Pre-Press-Release.pdf
  32. "Officers & Board Members | JDC". 24 January 2021.
  33. 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 Archived 2014-02-01 at the Wayback Machine June 23, 2011
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.