Senior Vice President
Michelle Zell is a Senior Vice President at Bowery Valuation, who joined the firm in October 2019. She has worked in the real estate appraisal industry for 19 years.
Ms. Zell has appraised multi-family, condominium and cooperative apartment buildings, retail properties, office buildings, restaurants, industrial properties, hotels, and vacant land properties in New York, New Jersey, Connecticut, Pennsylvania, Texas, Georgia, Louisiana and Florida. Ms. Zell specializes in managing large portfolios, appraising large scale existing and proposed developments, appraisals for EB-5 financing, market studies, and appraisals for litigation and condemnation proceedings, as well as trust and estate needs.
Ms. Zell performs and manages appraisals for Israeli bond issuances in excess of $1B, and has extensive experience providing appraisals for financial reporting on the Israeli bond market since 2012. She specializes in serving as a liaison between the appraisers, the audit firms and the Israeli Security Authority.
Significant appraisal assignments include Peter Cooper Village/Stuyvesant Town, a rental apartment complex in New York City with 12,000 units, the condominium conversion of The Apthorp and the Belnord, two large scale prewar landmarked developments in Manhattan, 70 Pine Street, the 1M square foot former AIG headquarters converted to rental apartments, hotel, private club, restaurant and retail space, 701 7th Avenue, a proposed hotel and retail development located in Times Square and valued at $2B, market rent determination for Bell Works- the former Ball Labs in Holmdel, NJ, and multiple large developments for EB-5 financing including The Armature Works in Washington DC (a proposed mixed use retail, apartment and hotel development), 1 Journal Square (a proposed mixed use development in Jersey City), The Retail at Nassau Coliseum (proposed retail and entertainment complex adjacent to Nassau Coliseum), and Pacific Park (a proposed development of 15 land parcels to be developed with high rise residential, condominium, office and school buildings).
Before joining Bowery, Ms. Zell served as a Senior Appraiser at BBG (formerly Leitner Group) in New York City from 2003 through October 2019.
Ms. Zell graduated from Cornell University with a Bachelor of Science. She also graduated from Emory University with a Master of Public Health.
Licenses & Qualifications
MAI Designation
Certified General Appraiser License, State of Florida
Certified General Appraiser License, State of Georgia
Certified General Appraiser License, State of Louisiana
Certified General Appraiser License, State of Maine
Certified General Appraiser License, Commonwealth of Massachusetts
General Certified Appraiser License, State of New Hampshire
Certified General Appraiser License, State of New York
Certified General Appraiser License, Commonwealth of Pennsylvania
Certified General Appraiser License, State of Tennessee
Certified General Appraiser License, State of Texas
The Modern Appraisal Firm
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