PHILIPS INTERNATIONAL

 INVESTING IN DEVELOPING NEW YORK’S FUTURE

IN MOST AREAS OF BUSINESS AND LIFE, INNOVATION IS CRUCIAL FOR SUCCESS. MOST COMPANIES THRIVE ON THIS PRINCIPLE, PUSHING THEIR INDUSTRIES TO UNPRECEDENTED AND UNEXPECTED LEVELS AND PLACES. BUT IN THIS RUSH TO BE FIRST TO THE NEXT NEW ENTERPRISE, IT IS EASY TO LOOSE SIGHT OF THE SUCCESSES OF THE PAST.

PHILIPS PILEVSKY, THE FOUNDER, OWNER, AND CEO OF PHILIPS INTERNATIONAL, HAS A UNIQUE ABILITY TO APPRECIATE THE TRIUMPHS OF THE PAST. AS A REAL ESTATE DEVELOPER AND MANAGER, HE AND HIS TEAM AT PHILIPS INTERNATIONAL HAVE BEEN RESPONSIBLE FOR RENOVATING AND REPURPOSING SOME OF NEW YORK CITY’S MOST ICONIC PROPERTIES.

PHILIPS INTERNATIONAL INTO ONE OF THE LARGEST PRIVATELY OWNED REAL ESTATE DEVELOPMENT AND PROPERTY MANAGEMENT ORGANIZATIONS IN NEW YORK. PHILIP PILEVSKY IS AN INDUSTRY LEADER IN PROPERTY ACQUISITION, DEVELOPMENT, AND MANAGEMENT, USING HIS EXPERTISE TO REINVIGORATE THE NEW YORK CITYSCAPE. HIS FIRST MAJOR PROJECT WAS WORKING IN LONG BEACH. IN THE 1970’S AND 1980’S, LONG BEACH HIT A PARTICULARLY DIFFICULT FINANCIAL CRISIS. HALF OF THE BUILDINGS IN THIS ICONIC CITY WERE BURNED OUT AND UNINHABITABLE.

PHILIPS INTERNATIONAL IS ALSO ICONIC FOR THEIR BOUTIQUE HOTELS. IN CONTRAST TO NATIONAL CHAIN HOTELS, BOUTIQUE HOTELS ARE SMALLER AND PLACE MORE EMPHASIS ON THE ATMOSPHERE OF THEIR ACCOMMODATIONS. TWO OF NEW YORK’S MOST FAMOUS BOUTIQUE HOTELS, THE BRYANT PARK HOTEL AND THE ANDREW HOTEL WERE DEVELOPED AND MANAGED BY PHILIPS INTERNATIONAL.

THE COMPANY ANNOUNCED A $2.1 BILLION OFFER FOR THE HOLDINGS TO THE EMPIRE STATE BUILDING THROUGH THE EMPIRE STATE REALTY TRUST. THEY PLANNED TO DEVELOP A HOTEL IN THE TOWER AND CONVERT EH BASE INTO A DESTINATION RETAIL HUB.

THANK YOU FOR WATCHING