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Dan Shavolian

CEO / Owner
 
Fpremost Real Estate LLC

New York, New York, 10001, United States

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About Dan Shavolian

´╗┐Dan Shavolian possesses formidable negotiation skills and aims to take advantage of opportunities that deliver a 40 to 50 percent return on investment. Committed to forming mutually beneficial business relationships, Dan Shavolian regularly works with financial institutions such as Sovereign Bank, Wachovia Bank, and HSBC Bank, and partners with other developers to ensure his projects receive proper funding and conclude in a timely fashion. Dan Shavolian brings inventiveness, a strong desire to succeed, and more than two decades of experience to every business venture, conversion project, and ground development. After achieving success with multiple business ventures in the clothing industry very early in his career, Dan Shavolian began investing in undervalued office buildings in the mid-1980s.

 

Renovating and re-positioning the properties and leasing them to tenants such as New York University Hospital and Metropolitan Transportation Authority, and most recently The Bowery Residence Committee, Dan Shavolian profited while his buildings appreciated in value. Today, Dan Shavolian specializes in medical, office, retail, and hotel properties and plans to focus on mixed-use developments. Most recently, Bowery Residents’ Committee signed a 33-year lease on a property Dan Shavolian owns at 127 West 25th Street in New York City. The non-profit organization will use the 12-story, 104,500-square-foot building as its new administrative headquarters and a vertical campus to house the homeless, care for patients with mental disorders, and treat people with substance abuse problems.

 

 

 

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