The Bob Knakal Show How to Spot Market Shifts Before They Happen Ft. Dov Hertz
Mar 5, 2025
Dov Hertz, founder of DH Property Holdings, has an impressive background in NYC real estate, particularly known for his work on multi-story warehouse developments. He shares intriguing stories from his early Brooklyn days and the iconic 220 Central Park South deal. Dov discusses his pivot from luxury high-rises to industrial real estate, emphasizing the future of urban logistics. He offers insights on spotting market shifts, negotiating complex deals, and the importance of specialization, making this conversation a treasure trove of lessons for real estate enthusiasts.
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Childhood in Borough Park
- Dov recalls growing up in a mixed Jewish and Italian neighborhood playing stickball and resolving disputes with community support.
- His father's intervention taught early lessons on negotiation and justice.
Creative Tenant Buyout in Philadelphia
- Dov executed a unique strategy using Japanese actors to convince tenants of a Philadelphia building to accept a buyout.
- He secured a standing ovation after explaining the plan, despite having to displace tenants for foreclosure.
220 Central Park South Assembly
- Dov negotiated a complex deal to shift a building slightly to preserve Central Park views for his property.
- He hired David Rosenholz, a renowned tenant attorney, to handle tenant buyouts and legal challenges effectively.