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Sitt Asset Management

Based on a strong philosophy
of growth and success. 

One Penn Plaza, New York, New York, 10119, United States

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About Sitt Asset Management

Sitt Asset Management - Additional Details:    

Ralph Tawil and Barry Sitt founded family-owned real estate investment firm Sitt Asset Management over a decade ago. Grandsons Eddie, Ralph, and David Sitt currently direct the firm, which focuses on the ownership, management, leasing, and sale of various office and retail properties throughout the eastern seaboard. 

The company’s portfolio spans six states, with commercial sites located in New York, New Jersey, Maine, Pennsylvania, Florida, and Tennessee. Its holdings include office buildings, retail, and residential properties, with company investment focused on New York City, where the firm controls more than 2 million square feet of space. 

The three brothers’ diverse strengths and talents have brought considerable success to the business. As CEO and founding partner, Eddie Sitt began his career in real estate management in 1991, buying and renovating a property on West 40th Street in New York City. He also has been involved in developments in Israel and Canada. Managing Partner David Sitt focuses on extracting value from the firm’s current real estate holdings. Before joining his brothers in managing the family portfolio, he worked in real estate sales. Ralph Sitt, also Managing Partner, founded and managed his own clothing business, The Martinique Group. He also invested in equities markets, using his earnings to expand his family’s fledgling real estate portfolio; within the company, he is responsible for acquisitions, dispositions, and investor relations. 

With a firm commitment to creating long-term value in its properties and for its tenants, Sitt Asset Management is based on a strong philosophy of growth and success, providing strong returns from quality assets.

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