Izak Senbahar


Izak Senbahar is an entrepreneur, hotelier, and real estate developer. He is president of Alexico Group LLC, which is involved in luxury residential and hotel development. According to The Real Deal magazine, the combined value of the company’s projects in 2014 was approximately $2 billion.

Early life and education

Born to a Jewish family, he is the son of Fani and Sabatay Senbahar.

Career

Before entering real estate, Senbahar worked as a precious metals trader at the New York City offices of Groupe Sucre et Denrées, a French commodities broker. In the mid-1980s, he joined Kiska, a Turkish construction firm, to help the company establish itself in the New York real estate market. With Kiska, Senbahar oversaw the development of various properties including 353 Central Park West, a 19-story luxury condominium building. Subsequently, he partnered with Steven Elghanayan to develop the Elektra, a 32-story condominium in New York City’s Gramercy Park neighborhood; the building, completed in 1992, was later sold to Beth Israel Medical Center. In 1993, Senbahar formed Alexico Group and joint ventured with Simon Elias to develop a number of projects.

Selected projects

He is married to Sarah Genske; they have two children, Alexi and Oliver. In an interview with The Real Deal magazine, Senbahar said that he enjoys “drumming, percussion and bongos.”