Ben Shaoul is a New York City-based real estate owner and developer. He is the president of Magnum Real Estate Group, a residential real estate development and management company headquartered in New York City. Shaoul is best known as a prominent developer in the Manhattan borough of New York City.
In 2013, Shaoul and Magnum Real Estate Group opened Bloom62, a luxury apartment building located in the East Village. Shaoul and Westbrook Partners sold a jointly-held investment portfolio of 17 properties for $130 million to Jared Kushner in February of that year. He later partnered with SL Green Realty to acquire properties in Williamsburg, Brooklyn. Shaoul also began developing a dormitory for the School of Visual Arts in Manhattan and ventured into Tribeca where he purchased the top 22 floors of the 32 story art-deco Verizon Building for conversion to condominiums. In July 2014, he purchased the 199-unit Post Toscana on the Upper East Side and the 138-unit Post Luminaria in Kips Bay for $270 million to convert into condominiums. Shaoul has acquired and sold over 100 properties to include everything from the renovation of thousands of apartments to a $500M condominium conversion. As of 2014, Shaoul owns over forty buildings in the East Village.
Shaoul is married to Megan Walsh Shaoul. They have three children: Henry, Piper, and Mayer.