Draft:Avi Hiaeve

Business executive associated with Avi & Co. From Wikipedia, the free encyclopedia

Avi Hiaeve is a business executive who is the founder and chief executive officer (CEO) of Avi & Co., a New York City–based luxury watch and jewelry retailer.[1] In 2024, he purchased the former New York City Playboy Club building at 5 East 59th Street, with plans announced at the time to convert it into company headquarters and a retail showroom.[2][1]


OccupationBusiness executive
KnownforFounder and CEO of Avi & Co.
Quick facts Avi Hiaeve, Occupation ...
Avi Hiaeve
OccupationBusiness executive
Known forFounder and CEO of Avi & Co.
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Early Life

Avi Hiaeve was born on July 12, 1988 in the country of Uzbekistan to parents Alexandra and David Hiaeve. There, Avi’s father, David, worked as a watchmaker before the Hiaeve family moved to Israel when Avi was 2 years old. When Avi was 14 years old, in 2002, the family moved again, this time from Israel to New York City. The Hiaeve family settled in the Forest Hills neighborhood in the borough of Queens.

Career

Avi & Co.

Hiaeve leads Avi & Co., a luxury watch and jewelry retailer with a Manhattan location and additional boutiques in other U.S. markets.[2][3] Industry and real estate trade coverage has described the business as selling luxury timepieces from major brands including Rolex and Patek Philippe, alongside jewelry offerings.[1] As of early 2025, trade coverage reported the company operating boutiques in New York City and Miami and opening a boutique in Aspen, Colorado.[3]

Fifth Avenue Real Estate Purchase

In early 2024, Hiaeve acquired the nine-story building at 5 East 59th Street in Midtown Manhattan—widely known for having previously housed the New York City Playboy Club—through a foreclosure auction for approximately $26–27 million, according to property records and trade reporting.[2][1] Reporting at the time stated the company planned to renovate the property for use as corporate offices/headquarters and a retail showroom, positioning the business near luxury retail corridors around Fifth and Madison avenues.[2][1]

References

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