NEW YORK CITY—RLTY NYC has launched operations here. Thefull-service real estate company will be led by co-founders andprincipals Emir Bahadir, a multi-generational real estateprofessional, and Benjamin Benalloul, a developer and real estateexecutive.
The firm will specialize in brokerage, property management anddevelopment of luxury and extraordinary properties. Both principalshave extensive experience with current operations in New York City,including the first condominium resale at the upscale One57—themajor Extell Development Co. multifamily project at 157 West57th St.—for $34 million.
Through Bahadir, RLTY NYC has arranged global alliances withEuropean and Middle Eastern investors. “The intention of this newentity is to reach the influx of investors seeking to leveragetheir capital in the thriving New York real estate market,” hesays.
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