155:), Sutton took a different tack: he would first find a potential tenant, determine where they wanted a store, and then seek to buy out the lease from the tenant at the location. In some cases, he would buy out the landlord using the signed lease as support to secure financing in order to buy the property.
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373:"The Syrian retail touch - An inside look at the Syrian Jewish investors dominating NYC retail — from Sutton to Sitt, including how much revenue they're pulling in"
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446:"Hiding in plain sight - Jeff Sutton's buildings are everywhere and his portfolio may be worth $ 1 billion, but you'd never know it"
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real estate developer and the founder of
Wharton Properties. In August 2024, his net worth was estimated at $ 2.7 billion by
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Wanting to get into New York real estate and lacking the funding to compete with established real estate families (e.g.
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in upper
Manhattan, Brooklyn, the Bronx, and Queens. In the late 1990s, he applied the same approach with
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Massey Knakal website: "4th Annual Massey Knakal CRE Investment Summit - Keynote
Speaker: Jeff Sutton"
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Sutton and his wife, Rachel, have five children. In June 2013, he purchased a residential property in
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119:. His father was an importer of retail goods. In 1981, he graduated with a B.A./B.S. from the
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New York
Observer: "Sutton’s Place: Finding the King of New York Retail" By Tom Acitelli
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The
Sephardic Community Alliance: "Building our Future by Preserving the Past"
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As of 2013, Wharton
Properties owned 120 properties throughout New York City.
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170:. Sutton emphasizes securing triple-A national retail chains as tenants.
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in lower
Manhattan partnering with New York City's largest landlord,
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store at the corner of
Broadway and Houston Street;
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490:"Jeff Sutton's House in Deal, NJ (Google Maps)"
158:In the early 1990s, his strategy worked with
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16:American real estate developer (born 1960)
539:American people of Syrian-Jewish descent
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534:American businesspeople in real estate
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589:21st-century American Sephardic Jews
584:20th-century American Sephardic Jews
448:, therealdeal.com, December 1, 2010
299:Wharton Properties (jeffsutton.com)
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574:American people of Syrian descent
554:University of Pennsylvania alumni
544:Businesspeople from New York City
344:Pincus, Adam (February 1, 2011).
178:Significant properties include:
371:Pincus, Adam (January 1, 2014).
549:People from Gravesend, Brooklyn
256:, the site of the Times Square
1:
460:; retrieved November 2, 2013.
421:"Forbes profile: Jeff Sutton"
356:on March 4, 2016 – via
68:Founder of Wharton Properties
295:"Wharton Properties Company"
246:747 Madison Avenue with the
111:Jeff Sutton was born into a
239:379 West Broadway with the
93:(born 1960) is an American
34:1960 (age 63–64)
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479:retrieved November 2, 2013
458:Wharton Properties website
203:609 Fifth Avenue with the
196:720 Fifth Avenue with the
189:717 Fifth Avenue with the
121:University of Pennsylvania
51:University of Pennsylvania
216:American Eagle Outfitters
184:American Eagle Outfitters
228:141 Fifth Avenue in the
221:1515 Broadway with the
198:Abercrombie & Fitch
508:April 2, 2015, at the
569:Syrian businesspeople
559:American billionaires
475:November 4, 2013, at
60:Real estate developer
385:on January 20, 2021.
276:for $ 22.6 million.
564:Syrian billionaires
358:The Wayback Machine
250:flagship store; and
117:Gravesend, Brooklyn
346:"Clans with plans"
241:Polo Ralph Lauren
230:Flatiron Building
210:1551 Broadway in
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212:Times Square
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174:Transactions
164:CVS Pharmacy
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529:1960 births
304:November 9,
223:Aeropostale
115:family, in
95:billionaire
91:Jeff Sutton
39:Nationality
25:Jeff Sutton
523:Categories
329:August 20,
280:References
151:, and the
107:Early life
57:Occupation
248:Valentino
234:Cole Haan
232:with the
214:with the
47:Education
506:Archived
473:Archived
149:Tishmans
81:Children
42:American
153:Lefraks
141:Fishers
425:Forbes
324:Forbes
243:store;
236:store;
225:lease;
207:store;
200:store;
191:Armani
145:Rudins
133:Dursts
127:Career
100:Forbes
73:Spouse
137:Roses
432:2019
331:2024
306:2023
182:the
31:Born
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