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Elliot Ambalo
1. Biography of Elliot Ambalo
Elliot Ambalo is a renowned figure in the real estate industry, best known as the
principal of A Real Estate Investment Company, a Brooklyn-based property
development firm. Born in New York City in the 1990s, Elliot's career journey took
him from Long Island to becoming a significant player in the competitive New
2. York real estate market. His passion for the industry, commitment to honesty and
transparency, and dedication to community upliftment set him apart in his field.
Current Role and Career History
Current Role: As the principal and owner of A Real Estate Investment company,
Elliot's role encompasses all aspects of real estate development, from sourcing
and purchasing properties to overseeing their transformation into quality homes
for New Yorkers. His company focuses on acquiring vacant houses in the city's
boroughs and overhauling them, thereby creating vibrant living spaces and
developing plots of land ripe for new developments.
Career History: Elliot's journey into real estate started in 2015 when he worked
as an apartment rental assistant. Intrigued by the investment and development
side of the business, he leveraged his networking skills to gain invaluable insights
from the landlords he interacted with. In 2016, he was introduced to an active
developer in Brooklyn who became a vital connection for Elliot.
This developer did not formally mentor Elliot but allowed him to work
independently, allowing him to learn and understand the complexities of real
estate development. This led Elliot to discover his strengths and weaknesses and
what it means to run a business. While he worked for this developer for
approximately two years, he may have earned little, but the experience and
knowledge he gained were invaluable.
Driven by an entrepreneurial spirit, Elliot ventured on his own in 2017, partnering
with another individual to start purchasing homes in New Jersey due to less
competition and lower home prices than New York City. By the end of 2018, Elliot
decided to establish his own company, which later included his brother as a
partner, focusing on purchasing and renovating vacant homes in NYC boroughs.
3. Academic Background
Elliot Ambalo's education has been instrumental in shaping his career. After
graduating high school in 2012, he enrolled at Touro College, juggling academics
and his burgeoning interest in real estate. The discipline and principles he
cultivated in the religious day school he attended growing up significantly
fostered his work ethic and core values.
4. Charity Involvement
Elliot's contributions extend beyond real estate, reflecting his dedication to giving
back to the community. He regularly contributes to Chabad of Greenpoint and
Mesivta Ateres Yaakov, Yeshiva Gedola of the five towns, and other
organizations, demonstrating his commitment to philanthropy and community
development.
Areas of Expertise and Hobbies
Beyond his professional pursuits, Elliot is a man of varied interests. His areas of
expertise include real estate and construction and development, an essential part
of his business. Additionally, Elliot has a deep-rooted passion for music,
particularly vinyl records, a hobby that provides him with a much-needed respite
from his busy professional life.
Awards
Elliot's work in the real estate sector has been recognized multiple times for its
exceptional quality and commitment to excellence. However, he maintains a
humble demeanor and continues to attribute his success to the values of honesty,
transparency, and fairness.
The trajectory of Elliot's life and career is a testament to his tenacity,
entrepreneurial spirit, and dedication to service. His work in real estate
development has impacted the lives of countless New Yorkers, while his
contributions to the community continue to make a difference. In his free time, he
is either immersed in his love for music or finding ways to contribute further to
5. society. Elliot Ambalo's story inspires us all to strive for excellence and make a
positive impact in our respective fields.