Ruth C. Furst’s Background
Ruth C. Furst, President of Premier Partners Inc. is a 38 year veteran in New York City Commercial Real Estate. As a leasing broker Ruth was a pioneer in the renaissance of the Flatiron /Park Avenue South District in the mid 1980’s changing the area from industrial to office space to house creative companies. In 1983 . Ruth moved Slater Hafnt Martin Co. from mid-town to 111 Fifth Avenue, a former loft building at 18th Street. It was the first office tenant in the building and the second advertising company to move to lower Fifth Avenue.
From this innovative transaction, Ruth had the vision to see that area south of Midtown could be converted to creative offices. This led Ruth to open Furst & Company, a woman owned Commercial Real Estate Company in 1984 at 304 Park Avenue South. Furst & Co. became the Leasing Agent for 8 buildings; consisting of over 1,000,000 square feet.
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. 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 clients including: Young & Rublicam, Swatch Watch USA, The Wine Spectator, W.B.Wood & Co.,& Acocella Realty Corp.
In 1990 Furst & Co. became Premier Partners Inc. and moved to 275 Madison Avenue. Here she became the exclusive leasing agent for 275 Madison Avenue, 360 Lexington Avenue, and 33-39 West 34th Street. in addition to her already sizable clients. At this time there were 15 brokers working at the company.
With the downturn of the NYC Real Estate market in the early 1990s Ruth got involved with other investors buying a landmark townhouse which was in total disrepair at 130 West 70th Street New York, N.Y. They totally gutted and renovated it. In 2001 she advised an investment group in buying a mortgage in foreclosure for 46 West 55th Street and then sold it to an Italian clothing company (Les Copains).
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 –2007, Ruth was involved in the total restoration of the famous 4,000 seat Loew’s Paradise Theater Complex on the Grand Concourse Bronx, N.Y. In 2012 she leased it to Pastor Creflo Dollar's World Changes Church New York.
While getting involved with investment properties she continued to complete office leasing transactions representing companies such as: Laforce & Stevens (Public Relations), Swatch Watch, Weiss Investments, , Bright Power Inc. (environmental)), Acker & Jablow Fabrics LTD, the Global Foundation for Democracy and Development (President of the Dominican Republic)
We are currently looking for investment properties and development opportunities. We are interested in townhouses, multifamily or small office buildings for our own account or to sell to investors.
We have Vision -- We are Entrepreneurial – We are Innovative Ruth C. Furst is a member of The Real Estate Board of New York (REBNY), Commercial Real Estate Women CREW NY.and Signature Networking. She holds a bachelor’s degree from Queens College New York.
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: firstname.lastname@example.org
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.