Jacob Frydman is a New York-based attorney and real estate developer investing in commercial real estate projects in the east coast of the united states.
Mr. Frydman has over 30 years of experience in structuring, financing and executing highly complex real estate transactions. He has acquired over five million square feet of existing and to-be-developed real estate located throughout the United States and has participated in transactions valued at over $2 billion
Mr. Frydman was the CEO and Chairman of United Realty Trust, a public Real Estate Investment Trust. After his retirement as CEO in September of 2015, he continued on as the Chief Investment Officer through December 2015. Currently, Mr. Frydman is the Chairman and CEO of Frydco Capital Group, a private family office, through which he invests in real estate and private equity opportunities.
Mr. Frydman has often participated as a speaker and panelist at numerous industry seminars, where he speaks on matters relating to property investment. He has been a guest lecturer on real estate finance at Columbia University, and in the Master’s Lecturer series sponsored by New York Law School. As a recognized thought- leader in his field, he frequently appears on television programs including CNBC, Bloomberg TV, FOX News, and others to discuss trends in commercial real estate. Mr. Frydman served as a member of the Board of Directors of the Bardavon Opera House, home of the Hudson Valley Philharmonic, and devotes much time and capital to various philanthropic endeavors. He has served on the Board of the Jewish Federation of Dutchess County, NY. For many years, he has also been a firm supporter of organizations such as Chabad of Dutchess County and the Brem Foundation, helping people in struggling communities.
Mr. Frydman’s prior notable transactions include Two Dag Hammarskjold Plaza, an office condominium tower in midtown Manhattan used by foreign governments for their missions to the United Nations and the redevelopment of the Aetna Building in Manhattan’s Financial District. Mr. Frydman also acquired the unfinished Global Crossing New York headquarters from Goldman Sachs in 2000 and repositioned it as an office tower. He purchased the NBC New York television studios from NBC’s parent, General Electric and then entered into an agreement with Procter & Gamble, where he produced the long running TV show “As the World Turns” from 1999 to 2010. Mr. Frydman acquired, and currently owns, 500 Tenth Avenue in Manhattan, which he successfully redeveloped into the DHL Center.
