New York & Tri-State + Apartments | April 13, 2021

Solow Family Business is Reorganized Under Founder’s Son

Solow Building Company on Monday announced a reorganization with the formation of the Soloviev Group, the holding company for several business interests operated by Stefan Soloviev, who worked for Solow Building Company and is the son of its late founder, Sheldon Solow.

With Soloviev as chairman, the Soloviev Group encompasses divisions that include, but are not limited to, realty and development, in addition to hospitality, transportation & railroad, and agriculture & ranching divisions.

Stefan Soloviev’s son, Hayden Soloviev, will serve as vice chairman of the Soloviev Group. The new company’s leadership also includes Michael Hershman, president of the Fairfax Group and now CEO of the Soloviev Group; and William Potts, the new COO.  

Stefan Soloviev said, “As we continue to diversify our business interests into other arenas, including agriculture, ranching and logistics, the firm is uniquely positioned to experience unprecedented growth and I look forward to leading this transformation.”

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).