Join The Conversation With Mishpacha's Weekly Newsletter



Make It Whole

Barbara Bensoussan

Ira Zlotowitz’s first career move as a kid involved a wheelbarrow and a garbage collection route in the bungalow colony. Today, as a financial wizard whose brokerage firm closed nearly $3 billion in deals last year, he integrates the lessons learned in a family of Torah and chesed into his life as a mortgage mogul.

Tuesday, February 17, 2015

Ira Zlotowitz gives out business cards in a rectangular plastic sleeve that holds a $2 bill. Why $2? “It makes people remember us,” he says. “We tell our clients, ‘The first $2 is free.’ ” The sleeve is embossed with the legend: “There’s Millions More Where This Came From.” But at this stage, Ira Zlotowitz doesn’t need clever shticks to be memorable. Behind the modern, round spectacles is a financial wizard now at the head of Eastern Union, a commercial mortgage brokerage firm that closed nearly $3 billion in deals in 2014. This 39-year-old mogul has merited a New York Times interview, along with inclusion in Crain’s list of “40 under Forty,” and the newspaper’s “50 Fastest-Growing Businesses.” Zlotowitz speaks with a combination of earnestness, focus, and wry humor. His words, tinged with a Brooklyn accent, tumble out quickly. “He often thinks of ideas even faster than he can speak them,” saysAnnaRothstein, his executive assistant. Eager to impart his business insights, he is otherwise very unassuming, looking mildly surprised that anybody would be interested in his personal life. The son of RabbiMeir andRachelZlotowitz,Ira literally grew up alongside his father’s ArtScroll publishing company, founded six months after his birth. He was the sixth child of eight; the first ArtScroll Gemara was published when he was in ninth grade. In those early years, he says, “there was a lot of enthusiasm at the access people suddenly had to learning, which until then was largely off-limits to the average English-speaker, but at the same time, some people voiced some skepticism.” Fortunately for the Jewish community, the Zlotowitzes have never paid attention to the naysayers. “Our father started an empire,” states brotherGedaliaZlotowitz. “Other people may have thought of the same idea, but our father was the one to start it and follow through. Yisroel [Ira] has the same kind of drive — I never see him relax.” 

To read the rest of this story, please buy this issue of Mishpacha or sign up for a weekly subscription

Share this page with a friend. Fill in the information below, and we'll email your friend a link to this page on your behalf.

Your name
Your email address
You friend's name
Your friend's email address
Please type the characters you see in the image into the box provided.
CAPTCHA
Message


MM217
 
No Misunderstandings
Rabbi Moshe Grylak Hashem revealed the secret of a balanced life
What Was the Court’s Rush?
Yonoson Rosenblum The Democratic Party’s descent into madness
Survey? Oy Vey
Eytan Kobre How could YAFFED promote such a farce?
Filling the Void
Rabbi Henoch Plotnik Jewish leaders don’t need to be declared or coronated
Top 5 Ways We Remember Our Rebbeim (and we love them for it!)
Rabbi Dovid Bashevkin An ode to these pivotal people in my life
Hanging On in Newark
Rabbi Nosson Scherman Rabbi Nosson Scherman remembers the shul of his youth
A Fine Kettle of Fish
Rabbi Ron Yitzchok Eisenman The “minor” chasadim are often the most meaningful
The Next Hill
Jacob L. Freedman The look on Malachi’s face nearly broke my heart
Tradition and Modern Meet in One Long Dance
Riki Goldstein Fusing tradition and modernity comes naturally to him
A Playlist for Shabbos
Riki Goldstein What does Moshy Kraus sing at the Shabbos table?
With Flying Colors
Riki Goldstein My 15 seconds of fame on the Carnegie Hall stage
Full Faith
Faigy Peritzman With emunah, everyone’s obligation is the same
Speechless
Sarah Chana Radcliffe Silence isn’t always golden
The Only One
With Rav Moshe Wolfson, written by Baila Vorhand Within every Jew is the flame of instinctive emunah