Edward A. Mermelstein
Luxuryreal estate consultant | Legal Adviser | Media Pundit
“The best way to predict the future is to create it.”
About Edward
Edward A. Mermelstein is a Ukrainian born, international real estate attorney, legal strategist, businessman, and developer based in New York City.
He specializes in international corporate and real estate law, private equity investment and joint ventures, real estate investment, management and development, as well as claims and dispute resolution. Edward is also fluent in both English and Russian.
Edward’s impressive track record, keen understanding of the global political arena, and knack for nimbly navigating international markets have led him to be named one of New York City’s 10 most influential figures in real estate. He is often quoted in publications like The New York Times, The Wall Street Journal and The Real Deal, and has been featured on numerous news networks, including CNBC, Reuters, BBC, Fox News and Bloomberg.




Edward is the founder and CEO of One & Only Holdings, a company that caters to the needs of high-net-worth individuals. One & Only Holdings provides real estate brokerage, consulting, and family office planning support. They guarantee thorough guidance, personalized attention, confidentiality, and impeccable service.
Edward is also the founder and CEO of One & Only Realty, a real estate brokerage firm headquartered in New York City. He is regularly involved in a variety of charitable organizations supporting local and national causes rooted in culture, politics, education, and the arts.

Real Estate Transactions
Real Estate Sold
TV Appearances
Recent News
For Foreign Buyers, Family Homes Over Trophy Towers
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...
NYC developers and investors begin to shift strategies in preparation for market correction
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...
Chinese Investors Are Scooping Up NYC Real Estate, Aided by Like-Minded Russians
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...
Green Cards Given to Foreign Investors Under Scrutiny
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...
Japanese Firms Renew Interest in NYC Property
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...
Chinese Real Estate Investors Look to Waldorf-Astoria for Investment Hope
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...
Areas of Expertise
Foreign Investment Attorney
Expert help navigating the complex foreign investment process in the United States and ensuring your interests are always protected.
Luxury Real Estate Consultant
Get peace of mind when purchasing your dream home or investment property.
Legal Strategist
Edward’s understanding of the US and international markets allows him to develop successful investment plans.
Need A Consultant?
Edward has been a Foreign Investment Advisor for more than 20 years, and assists wealthy foreigners with investments and acquisitions in the United States.
Business
One & Only Realty is a full-service boutique brokerage firm that represents 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.
One & Only Realty stands out from the rest with our exceptional understanding of the New York real estate market and diverse portfolio of services we consistently provide to clients. We serve each client on an individual and exclusive basis, and make sure to go above and beyond to meet even the most demanding requests.
For more than 25 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 always find that perfect home for the lowest achievable price. We deliver impressive results in a timely, yet diligent manner.
One & Only Holdings is a multi-family office dedicated to making your dreams a reality. We have been helping a select group of clients and their families with unparalleled service since 2009. Through our international strategic alliances, we have helped more than 100 high-net-worth families prosper by building, managing and preserving their wealth.
We are an international business, with offices and expertise around the world. Help is never more than a phone call or a flight away, no matter where your home office is located. We bring expert advice with an international perspective and have a global network of contacts and investment opportunities worldwide.
One & Only Holdings has expanded across borders to better serve our international clients and our expertise has grown accordingly. Whether you require complex answers, investment advice, or have a tax/legal questions, we can assist you with our knowledge of international issues at any hour of the day.
Philanthropic Work & Organizations

President
The ZAKA International Rescue Unit operates a specially trained team of volunteer paramedics and search and rescue professionals who are on call 24/7. Their ability to quickly respond to major international disasters, led the United Nations to recognize ZAKA as an international volunteer humanitarian organization in 2005. 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.

Mermelstein Scholars at New York University
Founder
A scholarship fund established for students with financial need attending New York University — they are known as Mermelstein Scholars.

COJECO — Council of Jewish Émigré Community Organizations
Chairman
COJECO was formed in 2001 as an umbrella organization for grassroots community organizations representing Russian-speaking Jewish immigrants in New York. Its mission is to help unite and organize all well-educated and successful Russian-speaking Jewish immigrants. COJECO’s wide array of services is helping it gain prominence within the growing Russian Jewish community of New York City. It now 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 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 youth of all backgrounds.

The Link of Times Cultural-Historical Fund
USA Regional Director (2004-2009)
A Cultural-Historical foundation, The Link of Times was established by Russian businessman Viktor Vekselberg in February 2004. The foundation’s core mission 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.
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