News: Brokerage

Thru the Lens: State of Israel Bonds honors Jacob of Glenwood Management

The State of Israel Bonds' Real Estate and Construction Division paid tribute to Gary Jacob, executive vice president, Glenwood Management, and honored the respected industry leader with the Israel Peace Medal. Well over 400 guests attended the annual testimonial luncheon, hosted in the Pierre ballroom. Attendees helped raise more than $60 million in bonds for the State of Israel. In his role at Glenwood, one of New York City's largest and most established owners/managers of luxury rental properties, Mr. Jacob advises on the acquisition, construction and financing of Glenwood buildings. He is also very much involved in industry planning and policy-making as the Vice President of the Rent Stabilization Association and an Executive Vice President of the Associated Builders and Owners of New York. In addition, he is the co-chairman of the Housing Committee of the Real Estate Board of New York. State of Israel Bonds/Development Corporation for Israel is an international organization offering securities issued by the government of Israel. Since the first bond was sold in 1951, Israel Bonds has secured more than $22 billion in investment capital to develop Israel's economy and has maintained a perfect record on the payment of principal and interest on every security it has issued.
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