Dov Hertz Real Estate Innovator

Background and Early Career

Dov Hertz stands out as a transformative figure in the world of urban real estate, particularly in the competitive sphere of logistics and industrial development. With a robust background rooted deeply in New York City's dynamic property landscape, Hertz is known for his strategic vision and relentless commitment to innovation. His career spans decades of significant real estate transactions, reshaping urban spaces and redefining their utility for modern logistics.

Before establishing DH Property Holdings (DHPH) in 2016, Dov Hertz gained substantial experience at some of the most prominent real estate firms. His tenure as Executive Vice President of Acquisitions and Asset Management at Extell Development Company is especially notable, where he was responsible for sourcing and securing properties valued at over $20 billion. Among his landmark achievements were the acquisitions of iconic New York properties such as One57, the Nordstrom Tower, and One Manhattan Square. Hertz's role was pivotal in transforming the city’s skyline, setting a standard for luxury and efficiency in urban development.

Professional Development and Expertise

Hertz also brought significant expertise from his earlier roles. At Eastern Consolidated, he excelled as a commercial broker, honing his negotiation skills and market acumen. At Everest Broadband Networks, where he served as Senior Vice President, Hertz specialized in negotiating telecommunications access deals spanning over 250 million square feet across numerous U.S. cities. These experiences equipped him with an exceptional ability to navigate complex negotiations and develop high-value, strategically positioned real estate projects.

DH Property Holdings: Vision and Team

At DH Property Holdings, Dov Hertz's visionary leadership continues to redefine urban industrial real estate. His team consists of seasoned professionals who complement his strategic approach, ensuring each project meets the high standards and innovative vision DHPH has become known for. Key members of the team include Yisroel Markowitz, whose background in financial oversight at firms like PricewaterhouseCoopers and SHVO Concepts ensures fiscal diligence; Aaron Malitzky, recognized by Crain’s as a rising star for his asset management expertise; Michael Bennett, whose specialization in zoning and infrastructure addresses the unique challenges of urban projects; and Ariel Tambor, a veteran dealmaker with transactions totaling billions of dollars.

Notable Projects: Sunset Industrial Park

DH Property Holdings has made significant impacts through strategic developments like the Sunset Industrial Park in Brooklyn, NY. Originally an 18-acre site housing older industrial buildings, Hertz and his team transformed it into a state-of-the-art, multi-story logistics hub totaling approximately 1.4 million square feet. This project exemplifies the firm's commitment to revitalizing underutilized urban spaces to address the critical need for modern logistics and last-mile delivery facilities in densely populated areas. Key features include advanced sustainability measures, energy-efficient systems, extensive loading docks, and enhanced transportation infrastructure designed to streamline logistical operations.

Notable Projects: 55 Bay Street

Another prominent project, 55 Bay Street in Brooklyn’s Red Hook neighborhood, showcases DHPH’s ability to optimize smaller urban spaces. The property, redeveloped into an 83,000-square-foot Class A logistics center, stands out for its strategic proximity to major transportation routes, enhancing its appeal for companies requiring efficient access to New York City’s boroughs. Featuring modern amenities such as spacious layouts, column-free interiors for flexible usage, and energy-efficient LED lighting, the facility embodies DHPH’s signature focus on sustainability and practicality.

Additional Projects: Brooklyn Logistics Center

The Brooklyn Logistics Center further highlights DHPH’s expertise in urban redevelopment. Located in East New York, this 190,000-square-foot facility addresses the growing demand for modern distribution and storage solutions near residential and commercial hubs. Equipped with state-of-the-art technology, secure access controls, and versatile space designs, the Brooklyn Logistics Center represents another milestone in DHPH’s commitment to advancing urban logistics infrastructure.

Additional Projects: Bronx Logistics Center

Located strategically in the Bronx, the Bronx Logistics Center offers 1.3 million square feet of advanced logistics space designed to enhance distribution capabilities across the New York metropolitan area. This multi-story facility is equipped with cutting-edge technology, sustainability features, and robust transportation connections, reinforcing DHPH’s commitment to innovation and operational excellence.

Additional Projects: Staten Island Industrial Park

The Staten Island Industrial Park spans over 600,000 square feet, designed to serve as a crucial node for regional logistics. With easy access to major highways and maritime shipping routes, this project further underscores DHPH’s strategic vision to integrate logistics facilities seamlessly within urban infrastructure, enabling efficient and sustainable business operations.

Strategic Vision and Market Impact

Under Hertz's guidance, DH Property Holdings continues to strategically expand its portfolio across the Northeast. His clear-eyed approach to identifying growth opportunities in urban-core areas ensures that the company remains at the forefront of the industry. By prioritizing developments that align with contemporary logistical needs and urban planning challenges, Hertz positions DHPH as a leader capable of anticipating and meeting the evolving demands of the market.

Looking Ahead

Dov Hertz’s professional journey, marked by ambitious projects and innovative solutions, demonstrates a commitment not merely to building structures but to reshaping cities in ways that foster economic growth and sustainable urban living. As cities continue to evolve and expand, Hertz and DH Property Holdings are poised to play an integral role in shaping the infrastructure that supports tomorrow's urban landscapes.