Alex Sapir
President and CEO
Miami Connection
Alex Sapir has significantly impacted Miami's luxury real estate market through projects like Arte Surfside in Surfside and Miami 18, setting sales records such as the $33 million penthouse sale in Arte by Antonio Citterio in 2020 at $4,300 per square foot. In January 2022, his developments sold 16 luxury residences for $225 million, breaking multiple South Florida records. Recently, he has been selling off remaining South Florida properties amid financial battles, signaling a potential shift away from generational holdings in the region.
About
Born on April 5, 1980, Alex Sapir took over as CEO of the Sapir Organization in 2006, the real estate firm founded by his father, Tamir Sapir, a Georgian immigrant who rose from cab driver to Manhattan property magnate. Key projects under his leadership include partnerships with the Trump Organization for Trump SoHo, the first five-star hotel in downtown NYC, and developments like 15 William Street, Arte Surfside, Nomo Soho Hotel, and Miami 18. In 2014, he acquired Sapir Corp Ltd and managed the repositioning of 11 Madison Avenue, attracting major tenants such as Sony and William Morris Endeavor. Sapir has navigated family feuds, a contentious divorce, tax liabilities, and recent financial pressures, leading to sales of trophy properties in New York and South Florida. In May 2020, he attempted to take Sapir Corp private amid the pandemic. Despite real estate challenges, he holds an MBA from Harvard Business School and a BA in Economics from Franklin and Marshall College, with past involvement in biopharma roles at companies like Fulcrum Therapeutics, though his primary focus remains real estate.