Izak Senbahar

Izak Senbahar is an entrepreneur, hotelier, and real estate developer. He is president of Alexico Group LLC, which is involved in luxury residential and hotel development.[1] According to The Real Deal magazine, the combined value of the company’s projects in 2014 was approximately $2 billion.[2]

Izak Senbahar
Born
Istanbul, Turkey
OccupationReal Estate Developer
Spouse(s)Sarah Senbahar (née Genske)
ChildrenAlexi Senbahar
Oliver Senbahar

Early life and education

Born to a Jewish family,[3] he is the son of Fani and Sabatay Senbahar.[4]

Career

Before entering real estate, Senbahar worked as a precious metals trader at the New York City offices of Groupe Sucre et Denrées (SUCDEN), a French commodities broker.[5] In the mid-1980s, he joined Kiska, a Turkish construction firm, to help the company establish itself in the New York real estate market.[6] With Kiska, Senbahar oversaw the development of various properties including 353 Central Park West, a 19-story luxury condominium building.[7] Subsequently, he partnered with Steven Elghanayan to develop the Elektra, a 32-story condominium in New York City’s Gramercy Park neighborhood; the building, completed in 1992, was later sold to Beth Israel Medical Center (now Mount Sinai Beth Israel).[8] In 1993, Senbahar formed Alexico Group and joint ventured with Simon Elias to develop a number of projects.

Selected projects
Image of 56 Leonard St. located in New York City

Personal life

He is married to Sarah Genske;[11] they have two children, Alexi and Oliver.[12] In an interview with The Real Deal magazine, Senbahar said that he enjoys “drumming, percussion and bongos.”[13]

References
  1. AboutMe.com, Mann Report, “Committed to Building Remarkable Urban Homes.”
  2. Katherine Clarke, “Izak Senbahar,” The Real Deal. Retrieved November 16, 2014.
  3. Haaretz: "Manhattan transfer - Joining the burgeoning wave of construction in the Big Apple these days are Israeli-born real-estate moguls, who are investing billions of dollars in high-profile structures of every stripe" By Haim Handwerker June 2, 2005 |"After that, he joined forces with Izak Senbahar, also Jew of Iraqi origin"
  4. New York Times: "Paid Notice: Deaths - SENBAHAR, SABATAY July 26, 2011
  5. About Me. “Izak Senbahar.” Retrieved November 16, 2014.
  6. Gawker, “Izak Senbahar.” Archived 2015-01-01 at the Wayback Machine Retrieved November 16, 2014.
  7. Gawker. “Izak Senbahar.” Archived 2015-01-01 at the Wayback Machine Retrieved November 16, 2014.
  8. Gawker. “Izak Senbahar.” Archived 2015-01-01 at the Wayback Machine Retrieved November 16, 2014.
  9. American Institute of Architects. “AIA New York Chapter 2005 Housing Design Award Winners.” Archived 2014-05-26 at the Wayback Machine Retrieved December 1, 2014.
  10. “The Mark Hotel, So Glam!” Archived 2015-02-07 at the Wayback Machine Quest magazine, August 28, 2014. Retrieved November 25, 2014.
  11. New York Times: "Paid Notice: Deaths GENSKE, WILLIAM BACKMAN" July 18, 2004
  12. The Real Deal: "The Closing with Izak Senbahar" by Katherine Clarke March 01, 2013
  13. Katherine Clarke, “Izak Senbahar,” The Real Deal. Retrieved November 16, 2014.
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