Shlomo Rechnitz Is An Entrepreneur
Shlomo Rechnitz is an entrepreneur owner of the New York Grill. A kosher restaurant in Tel Aviv Israel. That has been described by Haaretz as a top dining destination. The Grill has been open for eight years, after the businessman received funding from investors from around the world and chose to build the restaurant in.linkedin.com
Tel Aviv. As opposed to New York. Rechnitz serves as one of the most active investors in the restaurant, said Reuven Telhami, the manager. In 2011, Rechnitz decided to invest an unspecified sum of money in Jacob Shlomo Enterprises.
Which owned 16 buildings in Brooklyn. According to two sources in the real estate business. Through Rechnitz. Rechnitz had built a large portfolio of Brooklyn properties before his indictment one source said.
In an email exchange Shlomo’s brother. Yoel Rechnitz is quoted saying Shlomo had asked him to invest with him, though he declined. When Yoel Rechnitz inquired with Shlomo about the nature of Shlomo’s investments.
Allegedly Responded
Shlomo allegedly responded that. No business is worth being branded a criminal. Better for my career. Two real estate investors who became friends with Shlomo in 2007 through their involvement with a similar group of investment companies told.
Haaretz they were aware that Rechnitz had made some unsavory investments. Including a rental of the building where a restaurant was located and the lease of a shopping plaza.
I never saw Shlomo investing in property i owned. And I’m sure he was careful with whatever funds he did invest. said one of the sources. I never suspected anything of this nature about Shlomo and I believe that his business dealings are clean.
Shlomo Rechnitz also bought a two-storey building in Israel according to Yaron Shurkin. The manager of a real estate company that had a contract to rent space in the building.
Rechnitz’s business partner had purchased the building and Rechnitz had built a basement and installed equipment. But when Shurkin purchased the lease from Shlomo’s business partner in 2013.
Shurkin
He discovered that it had been sold to Rechnitz in 2007 for nearly twice as much as Shurkin had paid for it. I met Shlomo for the first time when I needed a broker and asked him for help.
Said Shlomo Rechnitz’s business partner. He didn’t know me. But I knew him and trusted him. When the building was sold. He told me that no one in the company was offering any preferential treatment.
Shlomo wasn’t friendly with anyone in the company, even those that worked with him the most said another source. Several businessmen said Shlomo Rechnitz was never a member of the private club in New York known as the Press Club.
Which is reserved for a limited number of business leaders in Manhattan, and also had a rule against members having criminal backgrounds. In 2013.
Several Sundred Dollars
Shlomo Rechnitz paid the owners of the New York Grill a monthly fee of several hundred dollars. I paid him the fees just like other members. Said Shlomo Rechnitz’s business partner.
Shlomo Rechnitz was arrested this month as part of a wide-ranging investigation. Referred to by the press as the New York Grill affair that targets top businessmen in New York City.
Among those arrested was Jacob Shlomo Rechnitz’s close friend. Jacob Shlomo received special treatment from the real estate brokers at New York Grill.
And Rechnitz used to know that the real estate brokers were in the habit of offering preferential treatment to Shlomo said the real estate investor who was interviewed.
Shlomo Rechnitz is an entrepreneur indictment also states that Shlomo Rechnitz operated an illegal transportation service, in which Shlomo Rechnitz and others charged thousands of dollars to transport young women from New York City to New Jersey and Philadelphia.
Shlomo Rechnitz allegedly arranged for a bus to leave New York for New Jersey early one morning and collect four young women. Including the sisters of the woman who was paying for Shlomo Rechnitz’s transport.
Philadelphia
When the bus arrived in Philadelphia. Several men got off the bus and began beating the women and Rechnitz also got off the bus and was beaten.
The passengers in the bus then abandon it. And the driver took them to a gas station where Rechnitz’s friends gave them a ride back to New York City.
Investors describe Rechnitz as a typical entrepreneur. Shlomo was involve in all aspects of his business aid Shlomo Rechnitz’s business partner. He dealt with investors and lawyers. He had a certain reputation among investors. And investors understood what kind of businessman he was.
After Shlomo Rechnitz was arrested. A man who knew him well recounted that Rechnitz was involve in his private business much of the time.
Nightclub With Investors
Shlomo loved his work. He worked long hours and made a lot of money. Shlomo Rechnitz was also close to Rechnitz, and often went out together. Shlomo Rechnitz too was at the nightclub with investors and other men from time to time, drinking.
When he drank alcohol he would get very drunking. Rechnitz was an “entrepreneur for the people. Said an investor who knew Rechnitz. Was one of the first people to realize that an entrepreneur could run a successful company for the benefit of all.
Drinking said Rechnitz’s business partner.Rechnitz often used a fake name and lied when confronted with his criminal background investors said. He was always proud of his criminal background.
Emotional Thing
He made it a point to tell me and others that he was going to be able to go back to New York City because he was working on a movie. It was an emotional thing for him.
said Rechnitz’s business partner. Rechnitz was also proud that his younger brother was an Israeli police officer and that his brother and his friend made up stories about him to maintain a good reputation.
Shlomo Rechnitz was close to Rechnitz, and often went out together. Rechnitz’s business partner described Rechnitz as a typical entrepreneur.
Shlomo was involve in all aspects of his business. Said Rechnitz’s business partner. He dealt with investors and lawyers. He had a certain reputation among investors And investors understood what kind of businessman he was.
Rechnitz’s indictment states that Rechnitz helped an Israeli citizen sell two apartments to Rechnitz and Rechnitz’s business partner. Rechnitz also gave one apartment to Rechnitz and Rechnitz’s business partner.
Bought An Apartment
Rechnitz’s business partner. Rechnitz’s son and a New Jersey man bought an apartment for Shlomo Rechnitz’s mother and brothers. The three men all claimed to be the owner of the apartment. The real owner was Rechnitz’s partner.
Shlomo Rechnitz then lied to his partner that he had paid the apartment for the real owner. Rechnitz paid the real owner for the apartment and then gave the real owner $32,000.
Shlomo Rechnitz is an entrepreneur did not own the apartment. And neither did Rechnitz’s business partner. Shlomo Rechnitz never owned the apartment. Rechnitz also bought a building in.
New York City for Rechnitz’s business partner, and Rechnitz lied to the real estate investor that the apartment was worth $1.9 million and was his and his partner’s. Rechnitz’s business partner and Rechnitz’s brother and a New Jersey businessman bought an apartment for Rechnitz’s mother and brothers.
Rechnitz’s Business
Rechnitz never owned the apartment. Rechnitz purchased the building for his brother and a businessman Rechnitz knew from Rechnitz’s business. ShlomoRechnitz lied to the real estate investor that the apartment was worth $1.8 million, and Rechnitz and Rechnitz’s business partner bought the apartment for $4.6 million.
ShlomoRechnitz paid his business partner for the apartment, and Rechnitz’s brother and the businessman Rechnitz knew purchased the apartment for $4.3 million.
Business License
Rechnitz also bought a single-family house in New York City in Rechnitz’s name and paid $211,000.Rechnitz lied about the real value of the property to the real estate investor, and Rechnitz.
Business partner and Rechnitz’s brother and a New Jersey businessman bought the apartment.Shlomo Rechnitz paid his business partner $100,000 and Rechnitz’s brother $65,000 for the apartment.
Shlomo Rechnitz is an entrepreneur was not the owner of the apartment. And neither was Rechnitz’s business partner. Paid $100.000 for Rechnitz’s mother and brothers. Lied to the real estate investor about the value of the apartment.jpost.com
Rechnitz’s brother did not have the proper business license to deal in real estate. Rechnitz and Rechnitz’s brother gave the real estate investor $7,000 in cash. Also involved in the real estate transactions were Shlomo Rechnitz. Rechnitz’s business partner and Rechnitz.
