Alex Sapir is the President and CEO of The Sapir Organization. He is the successor to his late father, Tamir Sapir, founder of The Sapir Organization. During the course of his career, Alex has overseen the entirety of firm’s growth across more than $7B worth of portfolio assets. His responsibilities have included the acquisition, development, execution and exit of major ventures across multiple asset classes including commercial office, residential condominium, multi-family and hospitality.
Among his many successful initiatives, the repositioning in the company’s flagship holding at 11 Madison Avenue stands as a signature achievement. At more than 2.3M square feet and spanning an entire city block, the building was purchased for $675M by Tamir Sapir. Under Alex’s leadership the property, previously occupied predominantly by Credit Suisse, was transformed to include Sony, William Morris Endeavor and Yelp. Now containing a further diversified and world class tenant roster culminating with the renewal of Credit Suisse, in 2015 Alex presided over the final sale of the property to SL Green for $2.6B, which would become the largest individual building sale in American history.
In 2014, Alex acquired Sapir Corp Ltd (TASE), a publicly traded enterprise focused on ground up development, new construction and value-add opportunities. He serves as Chairman of the Board and the company currently has more than 1.7M square feet under active development.
He employs an engaged leadership paradigm which involves his participation in all initiatives of the business and the dedicated servicing of numerous partnerships while pursuing an consistent program of innovative design and architecture for all undertaken projects.
Continuing the strong legacy of philanthropy started by his father, Alex supports numerous charitable causes. His involvement and collaborations include the Make-a-Wish Foundation, where he created the Tamir Sapir Basketball Fund, the Western Wall Heritage Foundation, Shaare Zedek Medical Center in Jerusalem, and The American Cancer Society.