Kent Swig Buys Helmsley-Spear Inc.

NEW YORK CITY-Kent M. Swig, president of locally based Swig Equities LLC, has acquired Helmsley-Spear Inc. from the Schneider family. The firm was fought over by Leona Helmsley, who relinquished her claim years ago, and the Schneider family.

According to Swig Equities, the company will now be in a position to offer the commercial market place a complete range of operating, management and construction services. A spokesperson for Helmsley-Spear tells GlobeSt.com that no further terms were disclosed.

“Helmsley-Spear’s core expertise in the commercial office market segment will integrate seamlessly with Swig Equities existing business platform,” notes Kent Swig in a prepared release. “Helmsley-Spear’s substantial name recognition provides the opportunity to leverage Swig Equities’ network of relationships and expertise by providing additional services to tenants and landlords in the commercial real estate marketplace.”