| Business Summary | | Philips
International
Realty
Corp.
is
a
self-advised
real
estate
investment
trust
to
continue
and
expand
the
shopping
center
business
of
certain
affiliated
companies
owned
or
controlled
by
Philip
Pilevsky
(Philips
Group).
For
more
than
17
years,
the
Philips
Group
has
been
engaged
in
the
ownership,
development
and
acquisition
for
redevelopment
of
neighborhood
and
community
shopping
centers
predominantly
concentrated
in
two
major,
densely
populated,
East
Coast
metropolitan
regions:
the
New
York,
Northern
New
Jersey,
Long
Island
and
Connecticut
consolidated
metropolitan
statistical
area;
and
the
Miami-Fort
Lauderdale
consolidated
metropolitan
statistical
area. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | PHR
is
a
self-advised
real
estate
investment
trust
engaged
in
the
ownership,
development
and
acquisition
for
redevelopment
of
neighborhood
and
community
shopping
centers,
primarily
in
the
NY-Metro
and
Miami-Ft.
Lauderdale
Metro
areas.
For
the
six
months
ended
6/01,
revenues
fell
90%
to
$2.6
million.
Net
income
before
extraordinary
item
fell
66%
to
$1.6
million.
Results
reflect
the
disposition
of
substantially
all
the
assets,
partially
offset
by
the
absence
of
interest
expense. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Philip Pilevsky, 54 Chairman,
CEO | -- | Louis Petra, 47 Pres | $1.5M | Carl Kraus, 53 CFO | 539K | Sheila Levine, 43 COO,
Exec. VP, Sec. | 159K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|