Edward A. MermelsteinLuxury
real estate consultant | Legal Adviser | Media Pundit
Edward is especially skilled in international corporate and real estate law, private equity investment and joint ventures, real estate investment, management and development as well as claims and disputes resolution. Edward is also fluent in both English and Russian.
With an impressive number of victories to his name, a keen understanding of the global political arena, and a knack for nimbly navigating international markets, Edward has been named one of the 10 most influential figures in New York City real estate. Often quoted in the New York Times, Bloomberg, the Wall Street Journal, and The Real Deal, Edward is regarded as a leading expert when it comes to closing complex deals and winning unique legal cases. Edward has also been featured on numerous talk shows such as Fox News, CNBC and Reuters.
Real Estate Transactions
Real Estate Sold
THE NEW YORK TIMES The number of Russian buyers has dropped in the past year or two, but those who already own here are still buying, said Edward Mermelstein, the managing partner of the law firm Rheem Bell & Mermelstein, who has many Russian clients. “Those who...read more
THE REAL DEAL Real estate attorney Edward Mermelstein said he’s seeing it on a daily basis. He described it as a strategy developers are taking “to protect themselves as things move forward.” “This is definitely a hedge where you’re confident that at least a portion...read more
OBSERVER NEWS In the past year, the Chinese have invested almost $6 billion in U.S. real estate, $4.5 billion of which was in Manhattan. Chinese and Russian ultra net-worth individuals and businesses have become major engines in the market. These high-octane...read more
REALTY TODAY EB-5 was established in 1990 wherein an investor must fund an amount of $1million to a project that can create 10 jobs. This is seen as an easier way to get citizenship. The investor can also apply for conditional visas for his family members. "It's an...read more
THE WALL STREET JOURNAL Japanese real-estate firms also have been more willing to work this time with local partners. During the 1980s, most Japanese firms didn’t do this, “and that’s a reason why they departed the market so quickly when it fell apart,” said Edward...read more
REALTY TODAY The Chinese wealthy along with their country's various money institutions are aiming for stable and reliable investments notably in commercial and income-generating residential projects as compared to luxurious properties that are considered for personal...read more
Areas of Expertise
Foreign Investment Attorney
If you are interested in foreign investment in the United States, Edward can help you navigate the complex process and work to protect your interests throughout the transaction.
Luxury Real Estate Consultant
Get the peace of mind when it comes to purchasing your dream home or investment property.
Edward’s insight of the US and foreign marketplace allows you to plan your investments accordingly.
Need A Consultant?
One & Only Realty is a boutique full-service brokerage firm representing sellers, buyers, renters, landlords, and developers of luxury properties in the New York area. If you are looking for professional representation for a real estate transaction from someone who knows and understands New York City real estate industry, then you have come to the right place.
What makes One & Only Realty stand out from the rest is its exceptional market expertise of New York real estate and the diverse portfolio of services the company consistently provides to every single client. We serve each client on an individual and exclusive basis. We make sure to go above and beyond to meet even the most demanding requests. We pursue excellence in every business transaction, and every personal interaction.
For more than 20 years, One & Only Realty has worked with clients from all over the world, exceeding expectations and building dreams in the process of purchasing properties in New York. With an extensive background in development, architecture, finance, and real estate, our agents’ main goal is to make the buying process seamless and to find that perfect home for the lowest achievable price. We deliver impressive results in a timely, yet diligent manner.
Philanthropic Work & Organizations
ZAKA International Rescue Unit operates a specially trained team of volunteer paramedics and search and rescue professionals who are on call 24/7. They respond in the fastest possible time to major international disasters, which led the United Nations in 2005 to recognize ZAKA as an international volunteer humanitarian organization. The ZAKA International Rescue Unit is held in high esteem by emergency forces around the world and is often called upon by international forces to provide assistance, consultation and offer advice.
COJECO was formed in 2001 as an umbrella organization for grass-roots community organizations of Russian-speaking Jewish immigrants within New York. Its mission is to help unite and organize the multitudes of well-educated and successful Russian-speaking Jewish immigrants. By offering a wide array of services, COJECO is creating a prominent name for itself in the growing Russian Jewish community of New York City. Today, it serves as a model for similar organizations around the country.
UJA-Federation has been a central force in communal planning and philanthropy in the New York Jewish community for over 90 years. UJA seeks to inspire a passion for Jewish life and learning, and strengthen Jewish communities around the world. Working with more than 100 network beneficiary agencies, synagogues, and other Jewish organizations, its reach spans more than 60 countries around the world, impacting 4.5 million people each year.
Board of Directors
The Manhattan Youth ballet is a school of dance that forms a nurturing environment where students can study classical ballet with a renowned faculty at affordable prices. With a wide array of programming, it fosters creative expression and self-confidence for youths of all backgrounds.
USA Regional Director (2004-2009)
A Cultural-Historical foundation, The Link of Times was established by Russian businessman Viktor Vekselberg in February 2004. The core mission of the foundation is to repatriate cultural and historical pieces that have been taken out of Russia. Encouraging the United States and Russia, two seemingly polarized nations, to cooperate is incredibly important, especially in times of economic hardship. By assisting Russia in reclaiming emblems of its cultural heritage, this organization helps bridge the long existing gap between the former USSR and the United States.