Born in 1971 in a Jewish family, Adam Hochfelder grew up on Long Island, in Old Westbury, NY. He graduated from University of Pennsylvania’s Wharton School of Business in 1993 and began his professional career while he was still studying. Mr. Hochfelder began his professional career as an intern at a major real-estate services company. His next job was in a real-estate investment firm, where he served as the chief investment officer. Determined to succeed in the real estate business, Hochfelder quickly achieved success in the estate world and was named the ‘Wharton Whiz Kid’. In no time at all, his company was not only competing but outplaying some of NYC’s most powerful landlords. The newly found success earned him the nickname “the wunderkind of New York real estate”.
Adam made a significant contribution to the progress and development of NYC’s real estate scene. In 1998 he became one of the youngest people ever chosen to serve on the Real Estate Board of New York, and just two years later in 2000, he was appointed to serve on NYC’s Economic Development Committee by Mayor Michael Bloomberg. In 2012, he was invited to join the NYC’s bid committee for bringing the 2012 Summer Olympics to New York by Deputy Mayor Dan Doctoroff himself.
Currently, Adam Hochfelder serves as the Managing Director of Real Estate Acquisitions & Development at Merchants Hospital. He has completed multiple transactions for Merchants Hospitality resulting in the $110 million acquisition and assemblage of 1802-1810 Second Avenue, which is slated to be Manhattan’s first super-luxury Senior Living Facility, as well as the Brill Building at 1619 Broadway, a $185 Million Retail and Office Building in Times Square.
He has been honored by multiple National Charities for his philanthropic endeavors. He founded and funded the development of the NYC Parenting Center which aids first-time mothers in need. He has also helped develop low-income housing in New York and Philadelphia and has been an integral part of the development of various youth sports foundations. Recently, Mr. Hochfelder was the recipient of The People Who THRIVE Award for his outstanding community service.