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Adam Hochfelder Biography

Adam Hochfelder is the current Managing Director of Real Estate Acquisitions & Development at Merchants Hospitality. As the managing director of Real Estate Acquisitions & Development, he was responsible for the Merchants Hospitality’s acquisition of the Global Hospitality & Restaurant Brand, Philippe Chow located in NYC and East Hampton.
Before joining Merchants Hospitality Adam Hochfelder was one of NY's most powerful executives, with a commercial real-estate portfolio of seven million square feet, and shaping the real estate market. Known as the real estate industry "wunderkind", Mr. Hochfelder was one of the youngest people ever chosen to serve on the Real Estate Board of New York.
Adam was born 1971 in Old Westbury, New York and was raised in a modest upbringing. He strived to achieve great things ever since he was a child. After finishing high school he enrolled at Wharton School of Business at the University of Pennsylvania. Eager to achieve great things, Adam Hochfelder got his first job before obtaining his university degree. It was an internship position at a renewed real-estate company that helped him build his professional career. After he equipped himself with knowledge and experience, Adam took a risk and decided to start his own company.
In 1996 Max Capital was founded and led by him to quickly become one of New York’s most popular real estate companies. Soon, Adam Hochfelder earned a reputation as a real estate star executive with amazing achievements and bright future ahead of him. Before the age of 30, Adam Hochfelder was able to get appointed at the Real Estate Board of New York and to join the NYC’s Economic Development Committee, invited by no other than Mayor Michael Bloomberg himself.
As a real estate executive, Mr. Hochfelder has funded the development of several organizations and has received numerous awards and recognition for his philanthropic work.


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Adam Hochfelder

Adam Hochfelder was born 1971 and was brought up on Long Island, in Old Westbury, New York. He attended the University of Pennsylvania's Wharton School of Business, from which he graduated in 1993.

Mr. Hochfelder began his professional career while still in university, after his sophomore year, when he took on an internship position at Newmark and Co, a major real-estate services company.

In 1996, Mr. Hochfelder co-founded Max Capital Management Corp and began building his commercial real-estate portfolio, that reached up to seven million square feet, measuring up to holdings of some of the most prominent real-estate magnates. In 1998, Adam Hochfelder was one of the youngest people ever selected to serve on the Real Estate Board of New York.

Thanks to Adam Hochfelder’s exceptional business management skills, his real estate investment firm in NYC reached over $3 billion in assets under management. Under Mr. Hochfelder’s stewardship, the firm added some major acquisitions includin…

Building a Career in Real Estate Development

Real estate development is often described as the engine that propels growth in the real estate industry. Real estate developers purchase real estate, make improvements to the existing structures or build new ones and sell the property at a profit. That is why all successful real estate developer must be able to recognize opportunities for making money as well as predicting trends. Adam Hochfelder is one of New York’s most admired real estate executives whose reputation is built on the hallmarks his clients and partners have come to rely on. Here Mr. Hochfelder breaks the key steps for starting a career in real estate development.


Real Estate Taxes in New York

In last three years in New York State, almost three billion dollars were collected from real estate taxes. So that, in 2015, were collected 828.6 million dollars, which means 13 percent less than in 2014, when from real estate taxes 950.7 million dollars were collected.

Also, that is 27 percent less than in 2013, when 1.13 billion dollars were collected. These data were the basic reason for Adam Hochfelder to reduce the taxes on real estates. Helen Keit - a licensed real estate broker, says that reducing the taxes by 2 percent will considerably increase the turnover.

Mr. Hochfelder explains that it is the total amount of money collected on taxes, including sale and purchase, inheritance, maintenance and all other types of real estate turnover. Known as the "Wharton Whiz Kid" for his fast rise to fame, Adam Hochfelder has the ability to leverage exclusive deals, fearlessness towards risk and endless ambition. All this helped him generate multimillion-dollar deals as well as …