With 30 years of real estate experience, Neil Helman’s concentration is investment sales. Actively involved with the marketing and disposition of investment-grade property, Mr. Helman has undertaken and completed the sale of all types of real estate, including office, apartment and retail properties, commercial buildings for adaptive re-use as residential, as well as sites for ground-up residential and hotel development. During his career, Mr. Helman has been involved in the disposition of several high-profile development sites and property sales. Most recently, he orchestrated the sale of a newly built, highly visible retail property located along Tenth Avenue between 14th and 15th Streets and situated under the High Line Park to Savanna Fund. He was also recently involved with the disposition of several well-located garage properties for either re-adaptive use or redevelopment. At 234-238 East 85th Street Mt. Sinai Hospital will be creating a medical office building under a long-term lease, while at 219 West 77th Street and 267-273 West 87th Street, the developers that acquired these garage properties, as a sale and 99-year ground lease, respectively, will be demolishing the existing buildings and constructing luxury residential units. Other recent transactions included the sale of 114 East 25th Street and 331 Park Avenue South on behalf of Extell Development Company. Both of those properties were vacant office buildings and marketed for sale as residential conversion opportunities. Some earlier, but prominent sales also included two bankruptcy sales; Cabrini Medical Center to Memorial Sloan Kettering Cancer Center and 555 Sixth Avenue, a former doctors’ residential property, to Stonehenge Partners.
Prior to joining Avison Young, Mr. Helman was an Executive Vice-President at Grubb & Ellis New York and a recognized company-wide top-performer, earning the honor of membership in Grubb & Ellis’ President’s Council, an elite group of professionals who balanced outstanding performance and dedication to the firm with exceptional client service. In addition, Mr. Helman repeatedly earned inclusion in Grubb & Ellis’ “Circle of Excellence”, a mark of distinction reserved for the company’s top transaction professional specialists nationally. Before joining Grubb & Ellis, Mr. Helman was with Kaufman Management Company, where he had an active role in the leasing and management of the company’s Manhattan office building portfolio. Mr. Helman also spent eight years as a leasing broker with Helmsley-Spear, Inc., focusing on tenant relocation, as well as representation of landlords in the disposition of excess office space.
- Member, Real Estate Board of New York
Education and Designations
- Master of Science, Real Estate Development and Investment; New York University
- Bachelor of Arts, Cum Laude; Connecticut College
|Long-Term Net Lease Redevelopment Opportunity||
310 East 48th Street
New York, NY