Richard Ohebshalom is the Founder and Chief Executive Officer of Pink Stone Capital Group. In this capacity, Richard sources new acquisitions, guides ongoing development, and shapes the company’s creative and strategic initiatives. Richard is Chairman of Pink Stone’s Executive and Investment Committees.
In his 20+ years in the real estate industry, Richard has built a reputation for sourcing compelling off-market opportunities and effectuating best-in-class business plans generating outsized returns. Examples include the acquisition and subsequent development of the luxury rental building at 180 Nassau Street, the assemblage of fee interest/development rights at 105 and 111 Washington Street, which is slated to yield 600 Apartment units spread over 60-plus stories in the financial district, and the development of the Greywood, an 85,000 square foot luxury rental building located at 3 West 36th Street.
Richard has also obtained key victories with numerous government agencies, including the NYC Landmarks Preservation Commission, paving the way for the conversion of a two-story building located at 250 Fifth Avenue into a 23-story luxury hotel. Richard has created a top-tier team at Pink Stone, which has helped in managing more than 30 assets in excess of $2 billion and propelling his office forward with an eye towards the next big opportunities.
Prior to creating Pink Stone, Richard developed a deep understanding of NYC real estate fundamentals working for numerous prominent real estate developers, and his family’s real estate company, Empire Management, where he was responsible for vertically integrating the entire organization, as well as leading all facets of the group’s property management, asset management, and leasing efforts.
Richard received a master’s degree in Construction Administration, Architecture, Planning, and Preservation from Columbia University and a BBA from George Washington University. Richard lives in SoHo with his wife May and two children, Eve and Raphael.
Jonathan Dembling is Pink Stone’s President and Chief Operating Officer. Mr. Dembling is responsible for leading the direction and management of Pink Stone’s business, legal and operational initiatives. Jon serves on Pink Stone’s Investment and Executive Committees.
Jon joined Pink Stone in 2016 following his work at Herrick Feinstein, Fried Frank, and Goulston & Storrs, where he represented a variety of large-scale real estate companies in a broad range of complex real estate transactions, earning recognition as a Super Lawyers Rising Star. Mr. Dembling has been an advisor to or principal investor in more than $2 billion of commercial real estate transactions throughout his 12+ years in the industry.
Jon serves on UJA’s REX initiative, and previously founded and directed The Linus Foundation, a 501(c)(3) dedicated to providing support and opportunity for children in need.
Jon is a member of the New York and New Jersey state bar associations. He received his B.A. and J.D. from Washington University in St. Louis. He lives on the Upper West Side with his wife and two daughters.
Erseida Mhilli is the Vice President of Finance at Pink Stone Capital Group. In this capacity, Erseida oversees day-to-day accounting functions, integrating finance operations, forecasting and budgeting, preparing financial reports for inside and outside parties, monitoring expenditures, coordinating auditing processes and ensuring organizational financial stability.
Erseida joined Pink Stone 2015 following her work at some of the largest real estate management companies in NYC, including Argo Management.
Erseida received a double major in Finance and Accounting from Vienna University of Economics and Business (Wirtschaftsuniversität Wien) and University of Luigj Gurakuqi. She also holds a certificate of Risk Management from Columbia University New York.
Erseida is an active member and fundraiser for Cystic Fibrosis Foundation, Fundjave Ndryshe Foundation and the Animals Need Me Foundation. She was previously a member of the world’s largest students organization ENACTUS (aka SIFE). Outside of the office, Erseida is interested in languages (fluent in six languages), reading and the stock market. She lives in Westchester County with her husband and daughter.
Omer Lennon Wetzer joined Pink Stone in 2020 and quickly solidified himself as a key member in shaping and managing the Company’s internal operations. Omer represents and helps lead the young, bright minds influencing Pink Stone’s creative-focused initiatives.
In his current role at Pink Stone, Omer calls upon his creative and tech-focused background in building out Pink Stone’s cultural framework, which strives to encourage a variety of diverse, young, talented leaders in applying an arts and sciences approach to Pink Stone’s current and emerging business initiatives. For instance, Omer is currently focused on the management of Pink Stone’s Incubator platform, encouraging and empowering Pink Stone’s young thought leaders to think differently in spurring ingenuity and productivity across Pink Stone’s numerous creative and business-focused endeavors.
Omer moved from Israel to New York City in 2016 and has an extensive education in music. He has performed Jazz, Cuban, and Fusion music in top jazz clubs in NYC such as Birdland, Smalls, and Fat Cat. He is currently enrolled at The New School, pursuing his BFA in Jazz performance as a Jazz pianist.
Omer is a licensed real estate agent, and is actively involved in the build-out and management of Pink Stone’s brokerage platform. Outside of work and music, Omer enjoys traveling, playing basketball and Crypto trading.
Randall Parker is a long-time art industry professional and helps steer Pink Stone’s numerous art, emerging technology and other creative pursuits.
More specifically, Randall assists in the acquisition and ongoing managemnt of Pink Stone’s fine art portfolio, and also manages the various creative ventures within the Pink Stone Incubator. He maintains a personal creative practice specializing in long-term digital art projects, and applies that expertise in influencing the visual and conceptual branding across Pink Stone’s myriad platforms. Recently he has been focused on incorporating decentralized financing and quanitative analysis into a variety of Pink Stone’s creative-focused endeavors.
He attended the School of the Art Institute of Chicago and studied studio arts, with a focus on art business.