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Ruth C. Furst’s Background
Ruth C. Furst, President of Premier Partners Inc. is a 30 year office leasing and investment veteran in New York City Commercial Real Estate. Ruth was a pioneer in changing the Flat Iron/Park Avenue South District in the mid 1980’s from industrial to office space for creative companies.
Ruth moved Slater Hafnt Martin Co. from mid-town to 111 Fifth Ave., a former loft building at 18th Street in 1983. It was the first office tenant in the building and the second advertising company to move to lower Fifth Avenue.
This innovative transaction led Ruth Furst to open Furst & Company, a Commercial Real Estate Company in 1984 at 304 Park Avenue South. Furst & Co. became the Leasing agent for 8 buildings; consisting of over 900,000 square feet of loft space that was converted to office use.
Furst & Co. marketed and was responsible for leasing 230 Park Avenue South, a 350,000 square foot old printing building to Burson Marsteller Co. (Public Relations) in 1984. The building was retrofitted and became the corporate headquarters for the company which gave a strong boost to the emerging Midtown South Area of New York City.
Furst & Co. sold 40 West 20th Street , a 120,000 square foot loft building to National Resource Defense Council in 1987. The NRDC retrofitted the entire building to be environmentally intelligent and became one of the first "green buildings" in NYC.
Ruth Furst completed in excess of 1,000,000 square feet of transactions in the Midtown South Area to corporate and entrepreneurial clients including: Swatch Watch USA, The Wine Spectator, W.B.Wood & Co. Acocella Realty Corp., & La Force & Stevens P.R.
In 1990 Furst & Co. became Premier Partners Inc. and moved to 275 Madison Avenue where the company became the exclusive leasing agent for 275 Madison Avenue, 360 Lexington Avenue, and 33-39 West 34th Street.
In 1995, with other investors, Ruth bought a landmark townhouse which was in total disrepair at 130 West 70th Street New York, N.Y. They totally gutted and renovated it and this income producing property continued to appreciate in value. It was sold in 2009 to an investment banker that is converting it to a single use home.
In 2004, Ruth Furst sold the Russian Tea Room, 250 West 57th Street a 20,000 square foot building that houses the famous restaurant and catering facility to its current owner.
From 2003 –2006, Ruth Furst has been involved in the total restoration of the famous 4,000 seat Loew’s Paradise Theater Complex on the Grand Concourse Bronx, N.Y. This old and magnificent movie theater has become a concert hall and entertainment complex which opened to great publicity on October 29, 2005. She worked on leasing the retail stores adjacent to the theater for a number of years.
She continued to do office leasing deals including a 4,000 square foot deal for Weiss Investments at 712 Fifth Avenue and a 4,000 square foot deal for Bright Power at 11 Hanover.
Ruth is currently finding and developing sites for boutique hotels that want to open in new exciting areas of Manhattan. She represents a number of European Hotel companies and is actively working on a number of transactions.
We have Vision -- We are Entrepreneurial – We are Innovative Ruth C. Furst, President, is a member of The Real Estate Board of New York (REBNY) and The Association of Real Estate Women (AREW). She holds a bachelor’s degree from Queens College New York.
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Call me or email me about your plans or with any questions you may have. Call me at the office (212 541 7650) or on my cell phone (917 887 1458) or send me an e-mail: rfurst@premierpartnersre.com
If you're not ready to meet in person or talk over the phone, please tour my website. I'm sure you'll find the resources here useful and helpful.
- Ruth C. Furst, Premier Partners Inc. |
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