SALE
IMAGE: Elli Klapper, Daniel Kaplan, Clay Grubb & Justin Arzi
DATE: 09/22/2021
ADDRESS: 25-01 Queens Plaza North
MARKET: Long Island City
ASSET TYPE: Development Site
BUYER: Grubb Properties Opportunity Zone Fund - Clay Grubb
SELLER: Estia Realty, Vadiel Properties & VI Properties
BROKERS: Daniel Kaplan, Elli Klapper, Justin Arzi - @CBRE
SALE PRICE: $63,000,000
BSF: 239,000 ~ PPBSF: $263
#NewYork #RealEstate #tradedny #NY #DanielKaplan #ElliKlapper #JustinArzi #CBRE #ClayGrubb #GrubbPropertiesOpportunityZoneFund #EstiaRealty #VadielProperties #VIProperties
Sep 23
SALE
IMAGE: Elli Klapper, Daniel Kaplan, Clay Grubb & Justin Arzi
DATE: 09/22/2021
ADDRESS: 25-01 Queens Plaza North
MARKET: Long Island City
ASSET TYPE: Development Site
BUYER: Grubb Properties Opportunity Zone Fund - Clay Grubb
SELLER: Estia Realty, Vadiel Properties & VI Properties
BROKERS: Daniel Kaplan, Elli Klapper, Justin Arzi - @CBRE
SALE PRICE: $63,000,000
BSF: 239,000 ~ PPBSF: $263
#NewYork #RealEstate #tradedny #NY #DanielKaplan #ElliKlapper #JustinArzi #CBRE #ClayGrubb #GrubbPropertiesOpportunityZoneFund #EstiaRealty #VadielProperties #VIProperties
SALE
IMAGE: Mo Beler, Keith Kurland, Adam Schwartz, Michael Diaz, Jonathan Schwartz & Aaron Appel
DATE: 09/17/2021
ADDRESS: 55-30 46th Street
MARKET: Queens
ASSET TYPE: Industrial ~ ZONING: M3-1
BUYER: EverWest
SELLER: Wharton Equity Partners - Gary Korn
BROKERS: Mo Beler, Aaron Appel, Jonathan Schwartz, Adam Schwartz, Keith Kurland & Michael Diaz - @WalkerDunlop
SALE PRICE: $57,250,000
BSF: 255,800 ~ PPBSF: $223
SF: 70,345 ~ PPSF: $812
LOT SIZE: 360 ft x 350 ft
#NewYork #RealEstate #tradedny #NY #Queens #MoBeler #AaronAppel #JonathanSchwartz #AdamSchwartz #KeithKurland #MichaelDiaz #EverWest #WhartonEquityPartners #GaryKorn
Sep 23
SALE
IMAGE: Mo Beler, Keith Kurland, Adam Schwartz, Michael Diaz, Jonathan Schwartz & Aaron Appel
DATE: 09/17/2021
ADDRESS: 55-30 46th Street
MARKET: Queens
ASSET TYPE: Industrial ~ ZONING: M3-1
BUYER: EverWest
SELLER: Wharton Equity Partners - Gary Korn
BROKERS: Mo Beler, Aaron Appel, Jonathan Schwartz, Adam Schwartz, Keith Kurland & Michael Diaz - @WalkerDunlop
SALE PRICE: $57,250,000
BSF: 255,800 ~ PPBSF: $223
SF: 70,345 ~ PPSF: $812
LOT SIZE: 360 ft x 350 ft
#NewYork #RealEstate #tradedny #NY #Queens #MoBeler #AaronAppel #JonathanSchwartz #AdamSchwartz #KeithKurland #MichaelDiaz #EverWest #WhartonEquityPartners #GaryKorn
SALE
IMAGE: Bronwen Lam, Joshua Wesoky, Chad Longmore & Jung Hi Han
DATE: 09/02/2021
ADDRESS: 1 Central Park South AKA @ThePlazaHotel & Residences (#301)
MARKET: Plaza District
ASSET TYPE: Residential Condo
BROKER: Bronwen Lam, Joshua Wesoky, Chad Longmore & Jung Hi Han - @WesokyTeam @Compass
SALE PRICE: $13,500,000
SF: 3,416 ~ PPSF: $3,951
LAST SALE PRICE: $13,597,790 (3/2008)
#NewYork #RealEstate #tradedny #NY #Midtown #BronwenLam #JoshuaWesoky #ChadLongmore #JungHiHan #Compass #ThePlaza
Sep 23
SALE
IMAGE: Bronwen Lam, Joshua Wesoky, Chad Longmore & Jung Hi Han
DATE: 09/02/2021
ADDRESS: 1 Central Park South AKA @ThePlazaHotel & Residences (#301)
MARKET: Plaza District
ASSET TYPE: Residential Condo
BROKER: Bronwen Lam, Joshua Wesoky, Chad Longmore & Jung Hi Han - @WesokyTeam @Compass
SALE PRICE: $13,500,000
SF: 3,416 ~ PPSF: $3,951
LAST SALE PRICE: $13,597,790 (3/2008)
#NewYork #RealEstate #tradedny #NY #Midtown #BronwenLam #JoshuaWesoky #ChadLongmore #JungHiHan #Compass #ThePlaza
LEASE
IMAGE: Skyler Gironda
DATE: 08/31/2021
ADDRESS: 183 Lenox Ave.
MARKET: South Harlem
ASSET TYPE: Retail
TENANT: Nia The Loc God (@NiaTheLocGodProducts)
BROKERS: Skyler Gironda & Anthony Rosato @FriedmanRoth
ASKING RENT: $48/ft. ~ SF: 1,200
#NewYork #RealEstate #tradedny #NY #SouthHarlem #SkylerGironda #AnthonyRosato #NiaTheLocGod
Sep 22
LEASE
IMAGE: Skyler Gironda
DATE: 08/31/2021
ADDRESS: 183 Lenox Ave.
MARKET: South Harlem
ASSET TYPE: Retail
TENANT: Nia The Loc God (@NiaTheLocGodProducts)
BROKERS: Skyler Gironda & Anthony Rosato @FriedmanRoth
ASKING RENT: $48/ft. ~ SF: 1,200
#NewYork #RealEstate #tradedny #NY #SouthHarlem #SkylerGironda #AnthonyRosato #NiaTheLocGod
LOAN
IMAGE: Morris Dweck
DATE: 09/20/2021
ADDRESS: 603, 608, 620 & 730 North Broad Street
MARKET: Woodbury, NJ
ASSET TYPE: Office ~ SF: 52,129
LENDER: OceanFirst Bank
LANDLORD: Midtown Equities
BROKER: Morris Dweck - ABS Altman Warwick
LOAN AMOUNT: $4,680,000
LOAN TYPE: Acquisition
LOAN TERMS: 5 years, 30 year amortization, 2.33%, non-recourse
#NewYork #RealEstate #tradedny #NY #Woodbury #NJ #MorrisDweck #OceanFirstBank #MidtownEquities
Sep 22
LOAN
IMAGE: Morris Dweck
DATE: 09/20/2021
ADDRESS: 603, 608, 620 & 730 North Broad Street
MARKET: Woodbury, NJ
ASSET TYPE: Office ~ SF: 52,129
LENDER: OceanFirst Bank
LANDLORD: Midtown Equities
BROKER: Morris Dweck - ABS Altman Warwick
LOAN AMOUNT: $4,680,000
LOAN TYPE: Acquisition
LOAN TERMS: 5 years, 30 year amortization, 2.33%, non-recourse
#NewYork #RealEstate #tradedny #NY #Woodbury #NJ #MorrisDweck #OceanFirstBank #MidtownEquities
SALE
IMAGE: David Gleitman & Adam Basuljevic
DATE: 09/21/2021
ADDRESS: 37-43 8th Avenue
MARKET: West Village
ASSET TYPE: Mixed-use
BUYER: TARGO Capital Partners (@TargoCP) - @DavidGleitman & @AdamBasuljevic
SELLER: Dalan Management
SALE PRICE: $5,192,000
SF: 5,806 ~ PPSF: $894
NOTE FROM @TargoCP: Fully leased property in prime West Village purchased at a 5.0% in-place CAP rate. TARGO intends to add significant value to the residential portion. This is our second acquisition in the West Village over the past few months, & we continue to look for multifamily & mixed-use assets in Downtown Manhattan. Please send all deals to:
๐ง dgleitman@targocp.com.
#NewYork #RealEstate #tradedny #NY #WestVillage #TARGOCapitalPartners #TargoCP #DalanManagement
Sep 22
SALE
IMAGE: David Gleitman & Adam Basuljevic
DATE: 09/21/2021
ADDRESS: 37-43 8th Avenue
MARKET: West Village
ASSET TYPE: Mixed-use
BUYER: TARGO Capital Partners (@TargoCP) - @DavidGleitman & @AdamBasuljevic
SELLER: Dalan Management
SALE PRICE: $5,192,000
SF: 5,806 ~ PPSF: $894
NOTE FROM @TargoCP: Fully leased property in prime West Village purchased at a 5.0% in-place CAP rate. TARGO intends to add significant value to the residential portion. This is our second acquisition in the West Village over the past few months, & we continue to look for multifamily & mixed-use assets in Downtown Manhattan. Please send all deals to:
๐ง dgleitman@targocp.com.
#NewYork #RealEstate #tradedny #NY #WestVillage #TARGOCapitalPartners #TargoCP #DalanManagement
LEASE
IMAGE: Kevin Nassimi, Daniel Nassimi, Michael Heaner & Daniel Lolai
DATE: 09/03/2021
ADDRESS: 550 Seventh Avenue
MARKET: Times Square South
ASSET TYPE: Office
LANDLORD: Adler Group
TENANT: Nassimi LLC - Kevin Nassimi & Daniel Nassimi
BROKERS: Daniel Lolai & Michael Heaner @LSLAdvisors
ASKING RENT: $55/ft. ~ SF: 12,005
#NewYork #RealEstate #tradedny #NY #TimesSquareSouth #DanielLolai #MichaelHeaner #NassimiLLC #AdlerGroup
Sep 22
LEASE
IMAGE: Kevin Nassimi, Daniel Nassimi, Michael Heaner & Daniel Lolai
DATE: 09/03/2021
ADDRESS: 550 Seventh Avenue
MARKET: Times Square South
ASSET TYPE: Office
LANDLORD: Adler Group
TENANT: Nassimi LLC - Kevin Nassimi & Daniel Nassimi
BROKERS: Daniel Lolai & Michael Heaner @LSLAdvisors
ASKING RENT: $55/ft. ~ SF: 12,005
#NewYork #RealEstate #tradedny #NY #TimesSquareSouth #DanielLolai #MichaelHeaner #NassimiLLC #AdlerGroup
SALE
IMAGE: Marcel Fridman
DATE: 09/14/2021
ADDRESS: 1076 Findlay Ave.
MARKET: Bronx
ASSET TYPE: Multifamily ~ TAX CLASS: 2B
BUYER: Benet Shaliaku
BROKER: Marcel Fridman - Barcel Group
SALE PRICE: $1,100,000
BSF: 12,384 ~ PPBSF: $88
SF: 9,072 ~ PPSF: $121
UNITS: 9 ~ PPU: $122,222
#NewYork #RealEstate #tradedny #NY #Bronx #MarcelFridman #BarcelGroup #BenetShaliaku
Sep 22
SALE
IMAGE: Marcel Fridman
DATE: 09/14/2021
ADDRESS: 1076 Findlay Ave.
MARKET: Bronx
ASSET TYPE: Multifamily ~ TAX CLASS: 2B
BUYER: Benet Shaliaku
BROKER: Marcel Fridman - Barcel Group
SALE PRICE: $1,100,000
BSF: 12,384 ~ PPBSF: $88
SF: 9,072 ~ PPSF: $121
UNITS: 9 ~ PPU: $122,222
#NewYork #RealEstate #tradedny #NY #Bronx #MarcelFridman #BarcelGroup #BenetShaliaku
SALE
IMAGE: Lisa Maysonet
ADDRESS: 40 East 81st Street
MARKET: Carnegie Hill
ASSET TYPE: SFR
BROKER: Lisa Maysonet (@LisaLovesNYC) - Sotheby's International Realty (@SothebysRealty)
PRICE: $10,600,000
SF: 4,991 ~ PPSF: $2,123
#LisaMaysonet #Sothebys #Sothebysrealty #NewYork #NewYorkRealEstate #NYCRealEstate #Tradedny #NY #CarnegieHill #CRE #Manhattan #JustSold
Sep 22
SALE
IMAGE: Lisa Maysonet
ADDRESS: 40 East 81st Street
MARKET: Carnegie Hill
ASSET TYPE: SFR
BROKER: Lisa Maysonet (@LisaLovesNYC) - Sotheby's International Realty (@SothebysRealty)
PRICE: $10,600,000
SF: 4,991 ~ PPSF: $2,123
#LisaMaysonet #Sothebys #Sothebysrealty #NewYork #NewYorkRealEstate #NYCRealEstate #Tradedny #NY #CarnegieHill #CRE #Manhattan #JustSold
LOAN
IMAGE: Eran Chen & Eldad Blaustein
ADDRESS: 310-314 E. 86th Street
MARKET: Upper East Side
ASSET TYPE: Development Site ๐
LENDER: Bank Leumi ๐ฎ๐ฑ
LANDLORD: @IzakiGroup Investments - @EldadBlaustein
ARCHITECT: @ODANewYork - Eran Chen (@EranChenArchitect)
LOAN AMOUNT: $81,800,000
LOAN TYPE: Construction Loan
#NewYork #RealEstate #tradedny #NY #IzakiGroupInvestments #BankLeumi #UpperEastSide #eldasblaustein #odanewyork #oda #eranchen
Sep 22
LOAN
IMAGE: Eran Chen & Eldad Blaustein
ADDRESS: 310-314 E. 86th Street
MARKET: Upper East Side
ASSET TYPE: Development Site ๐
LENDER: Bank Leumi ๐ฎ๐ฑ
LANDLORD: @IzakiGroup Investments - @EldadBlaustein
ARCHITECT: @ODANewYork - Eran Chen (@EranChenArchitect)
LOAN AMOUNT: $81,800,000
LOAN TYPE: Construction Loan
#NewYork #RealEstate #tradedny #NY #IzakiGroupInvestments #BankLeumi #UpperEastSide #eldasblaustein #odanewyork #oda #eranchen
SALE
IMAGE: Jerry Tenenbaum
DATE: 09/14/2021
ADDRESS: 236 26th Street
MARKET: Greenwood Heights
ASSET TYPE: Multifamily
BUYER: Lesley Springer
SELLER: Chris Williams
BROKER: Jerry Tenenbaum (@Jerry_Tenenbaum) - Top Nest NY CRE
SALE PRICE: $915,000
UNITS: 6 ~ PPU: $152,500
SF: 3,600 ~ PPSF: $254
#NewYork #RealEstate #tradedny #NY #GreenwoodHeights #TopNestProperties #BetterCallJerry #TopNestTeam #JerryTenenbaum #TopNestInc #MillionDollarListing #BrooklynBroker
Sep 22
SALE
IMAGE: Jerry Tenenbaum
DATE: 09/14/2021
ADDRESS: 236 26th Street
MARKET: Greenwood Heights
ASSET TYPE: Multifamily
BUYER: Lesley Springer
SELLER: Chris Williams
BROKER: Jerry Tenenbaum (@Jerry_Tenenbaum) - Top Nest NY CRE
SALE PRICE: $915,000
UNITS: 6 ~ PPU: $152,500
SF: 3,600 ~ PPSF: $254
#NewYork #RealEstate #tradedny #NY #GreenwoodHeights #TopNestProperties #BetterCallJerry #TopNestTeam #JerryTenenbaum #TopNestInc #MillionDollarListing #BrooklynBroker
LOAN
IMAGE: Seth Weissman, Charlie Brosens, Bean & Robert Levine
DATE: 09/21/2021
ADDRESS: 9 Oyster Shores Road
MARKET: East Hampton
ASSET TYPE: SFR ~ SF: 4,200
LENDER: Urban Standard Capital (@USC_NYC) - Seth Weissman, Charlie Brosens, Robert Levine (@RLevine1818) & Bean ๐ถ
LANDLORD: Watkins Development
LOAN AMOUNT: $1,650,000
LOAN TYPE: Construction Loan ๐
NOTE FROM @USC_NYC: For all bridge & construction lending opportunities, email:
Robert (๐ง robert@uscnyc.com)
&
Charlie (๐ง charlie@uscnyc.com).
#NewYork #RealEstate #tradedny #NY #EastHampton #SethWeissman #CharlieBrosens #RobertLevine #Bean #UrbanStandardCapital #WatkinsDevelopment
Sep 22
LOAN
IMAGE: Seth Weissman, Charlie Brosens, Bean & Robert Levine
DATE: 09/21/2021
ADDRESS: 9 Oyster Shores Road
MARKET: East Hampton
ASSET TYPE: SFR ~ SF: 4,200
LENDER: Urban Standard Capital (@USC_NYC) - Seth Weissman, Charlie Brosens, Robert Levine (@RLevine1818) & Bean ๐ถ
LANDLORD: Watkins Development
LOAN AMOUNT: $1,650,000
LOAN TYPE: Construction Loan ๐
NOTE FROM @USC_NYC: For all bridge & construction lending opportunities, email:
Robert (๐ง robert@uscnyc.com)
&
Charlie (๐ง charlie@uscnyc.com).
#NewYork #RealEstate #tradedny #NY #EastHampton #SethWeissman #CharlieBrosens #RobertLevine #Bean #UrbanStandardCapital #WatkinsDevelopment
SALE
ADDRESS: 210 West 17th Street
MARKET: Chelsea
ASSET TYPE: Multifamily ~ ZONING: R8B, C6-2A
BUYER: Corporate Habitat - Yaacov Amar
SALE PRICE: $7,200,000
BSF: 27,271 ~ PPBSF: $264
SF: 10,872 ~ PPSF: $662
UNITS: 22 ~ PPU: $327,272
LOT SIZE: 38 ft x 119 ft
#NewYork #RealEstate #tradedny #NY #Chelsea #CorporateHabitat #YaacovAmar
Sep 21
SALE
ADDRESS: 210 West 17th Street
MARKET: Chelsea
ASSET TYPE: Multifamily ~ ZONING: R8B, C6-2A
BUYER: Corporate Habitat - Yaacov Amar
SALE PRICE: $7,200,000
BSF: 27,271 ~ PPBSF: $264
SF: 10,872 ~ PPSF: $662
UNITS: 22 ~ PPU: $327,272
LOT SIZE: 38 ft x 119 ft
#NewYork #RealEstate #tradedny #NY #Chelsea #CorporateHabitat #YaacovAmar
LOAN
IMAGE: @JimmyBuffett & Sharif El-Gamal (@MeetSharif)
DATE: 09/2021
ADDRESS: 560 7th Ave. AKA @MargaritavilleTimesSquare
MARKET: Times Square
ASSET TYPE: Hotel ๐จ ๐น~ KEYS: 234 ๐
LANDLORD: Soho Properties (@SohoProp) - Sharif El-Gamal (@MeetSharif)
LOAN AMOUNT: $317,000,000
LOAN TYPE: Refinance
#NewYork #RealEstate #tradedny #NY #SharifElGamal #TimesSquare #Margaritaville #MargaritavilleResortTimesSquare #SohoProperties #JimmyBuffett
Sep 21
LOAN
IMAGE: @JimmyBuffett & Sharif El-Gamal (@MeetSharif)
DATE: 09/2021
ADDRESS: 560 7th Ave. AKA @MargaritavilleTimesSquare
MARKET: Times Square
ASSET TYPE: Hotel ๐จ ๐น~ KEYS: 234 ๐
LANDLORD: Soho Properties (@SohoProp) - Sharif El-Gamal (@MeetSharif)
LOAN AMOUNT: $317,000,000
LOAN TYPE: Refinance
#NewYork #RealEstate #tradedny #NY #SharifElGamal #TimesSquare #Margaritaville #MargaritavilleResortTimesSquare #SohoProperties #JimmyBuffett
SALE
IMAGE: Sean McPeak, Katie Thurber, Ryan Serhant & Jordan March
DATE: 08/31/2021
ADDRESS: 127 East 92nd St.
MARKET: Carnegie Hill
ASSET TYPE: SFR
BROKERS: @RyanSerhant, Jordan March (@Mr_Manifesto), Katie Thurber (@NewYorkByThurber), Sean McPeak (@Sean_McPeak) - @SERHANT
SALE PRICE: $7,500,000
SF: 5,100 ~ PPSF: $1,470
LAST SALE PRICE: $4,500,000 (11/2014)
#NewYork #NewYorkRealEstate #NYCRealEstate #Tradedny #NY #JustSold #CarnegieHill #seanmcpeak #katiethurber #ryanserhant #jordanmarch #Serhant
Sep 21
SALE
IMAGE: Sean McPeak, Katie Thurber, Ryan Serhant & Jordan March
DATE: 08/31/2021
ADDRESS: 127 East 92nd St.
MARKET: Carnegie Hill
ASSET TYPE: SFR
BROKERS: @RyanSerhant, Jordan March (@Mr_Manifesto), Katie Thurber (@NewYorkByThurber), Sean McPeak (@Sean_McPeak) - @SERHANT
SALE PRICE: $7,500,000
SF: 5,100 ~ PPSF: $1,470
LAST SALE PRICE: $4,500,000 (11/2014)
#NewYork #NewYorkRealEstate #NYCRealEstate #Tradedny #NY #JustSold #CarnegieHill #seanmcpeak #katiethurber #ryanserhant #jordanmarch #Serhant
LOAN
IMAGE: Kelly Gaines, Andrew Scandalios, Daniel Couglahn, Jeffrey Julien, Robert Coughlan, Michael Gigliotti, James Coughlan, Rob Hinckley & Geoff Goldstein
DATE: 09/15/2021
ADDRESS: 1700 Union Blvd.
MARKET: Bay Shore, LI
ASSET TYPE: Mixed-use development
LENDER: Truist Financial Corporation & @SantanderBankUS
LANDLORD: TRITEC Real Estate Company Inc. (@TRITECRE)
BROKERS: Andrew Scandalios, Rob Hinckley, Jeffrey Julien, Michael Gigliotti, Geoff Goldstein, Kelly Gaines, Jackie Ferrer & Nicco Lupo - @JLL Capital Markets
LOAN AMOUNT: $173,000,000
LOAN TYPE: Construction Loan
LOAN TERMS: 4-year, floating-rate
NOTE: Bay Shore Residences is a new development that will include 334 market-rate units, 84 workforce housing units and 1,650 SF of retail. 17,500 SF space will be reserved for the interior amenity space that will include a fitness center, clubrooms/game-rooms, lounges, dog care facility, & a co-working center. In addition, 30,000SF of exterior amenities, including a swimming pool, barbecue stations, rooftop deck and fire pits will be on offer to residents.
#NewYork #RealEstate #tradedny #NY #JLLCapitalMarkets #BobCoughlan #TRITECRealEstateCompanyInc #BayShoreResidences #BayShore #JPMorganAssetManagement #AndrewScandalios #RobHinckley #JeffreyJulien #NiccoLupo #MichaelGigliotti #GeoffGoldstein #KellyGaines #JackieFerrer
Sep 21
LOAN
IMAGE: Kelly Gaines, Andrew Scandalios, Daniel Couglahn, Jeffrey Julien, Robert Coughlan, Michael Gigliotti, James Coughlan, Rob Hinckley & Geoff Goldstein
DATE: 09/15/2021
ADDRESS: 1700 Union Blvd.
MARKET: Bay Shore, LI
ASSET TYPE: Mixed-use development
LENDER: Truist Financial Corporation & @SantanderBankUS
LANDLORD: TRITEC Real Estate Company Inc. (@TRITECRE)
BROKERS: Andrew Scandalios, Rob Hinckley, Jeffrey Julien, Michael Gigliotti, Geoff Goldstein, Kelly Gaines, Jackie Ferrer & Nicco Lupo - @JLL Capital Markets
LOAN AMOUNT: $173,000,000
LOAN TYPE: Construction Loan
LOAN TERMS: 4-year, floating-rate
NOTE: Bay Shore Residences is a new development that will include 334 market-rate units, 84 workforce housing units and 1,650 SF of retail. 17,500 SF space will be reserved for the interior amenity space that will include a fitness center, clubrooms/game-rooms, lounges, dog care facility, & a co-working center. In addition, 30,000SF of exterior amenities, including a swimming pool, barbecue stations, rooftop deck and fire pits will be on offer to residents.
#NewYork #RealEstate #tradedny #NY #JLLCapitalMarkets #BobCoughlan #TRITECRealEstateCompanyInc #BayShoreResidences #BayShore #JPMorganAssetManagement #AndrewScandalios #RobHinckley #JeffreyJulien #NiccoLupo #MichaelGigliotti #GeoffGoldstein #KellyGaines #JackieFerrer
SALE
IMAGE: Larry Page (@Larrry.Page), Sundar Pichai (@SundarPichai) & Sergey Brin
ADDRESS: 550 Washington St.
MARKET: Hudson Square
ASSET TYPE: Office ~ SF: 1,300,000
BUYER: @Google
SELLER: Oxford Properties (@OxfordPropGroup) ๐จ๐ฆ
PRICE: $2,100,000,000
NOTE: @Google announced plans to purchase St. Johnโs Terminal in Hudson Square in Q1 of 2022. Google currently leases the terminal, which is undergoing a massive renovation and addition as part of Google's new campus in Hudson Sq. This deal marks the most expensive sale of a single office building in the United States since the start of the pandemic, as well as one of the most expensive ever. Canadian developer Oxford Properties originally purchased St. Johnโs Terminal for $700M in 2017.
#NewYork #RealEstate #tradedny #NY #Google #HudsonSquare #RuthPorat #KathyHochul #BillDeBlasio #OxfordProperties #DeanShapiro #COOKFOXArchitects #RickCook #sundarpichai #larrypage #sergeybrin
Sep 21
SALE
IMAGE: Larry Page (@Larrry.Page), Sundar Pichai (@SundarPichai) & Sergey Brin
ADDRESS: 550 Washington St.
MARKET: Hudson Square
ASSET TYPE: Office ~ SF: 1,300,000
BUYER: @Google
SELLER: Oxford Properties (@OxfordPropGroup) ๐จ๐ฆ
PRICE: $2,100,000,000
NOTE: @Google announced plans to purchase St. Johnโs Terminal in Hudson Square in Q1 of 2022. Google currently leases the terminal, which is undergoing a massive renovation and addition as part of Google's new campus in Hudson Sq. This deal marks the most expensive sale of a single office building in the United States since the start of the pandemic, as well as one of the most expensive ever. Canadian developer Oxford Properties originally purchased St. Johnโs Terminal for $700M in 2017.
#NewYork #RealEstate #tradedny #NY #Google #HudsonSquare #RuthPorat #KathyHochul #BillDeBlasio #OxfordProperties #DeanShapiro #COOKFOXArchitects #RickCook #sundarpichai #larrypage #sergeybrin
SALE
IMAGE: Stephanie Moore, Christopher Okada & Catherine O'Toole
DATE: 09/17/2021
ADDRESS: 150 West 36th Street
MARKET: Fashion District
ASSET TYPE: Office
BUYER: @FalconPropertiesInc.
BUYERโS REP: Christopher Okada (@ChrisOkada) @OkadaCo.
SELLERโS REP: Catherine O'Toole & Stephanie Moore (@StepOnYou) - @LeeAssociatesNYC
SALE PRICE: $8,000,000
BSF: 24,690 ~ PPBSF: $324
SF: 10,394 ~ PPSF: $640
LOT SIZE: 25 ft x 98.75 ft
NOTE FROM @ChrisOkada: Follow @ChrisOkada. REAL ESTATE STORY TIME! When I started my company in 2006, I was running around like a mad man! UES, SoHo, Midtown East etc. It was only until I started getting my "flow", did I begin to focus. Flow is like momentum & mojo all mixed in one. It's the hot hand & in 2006/2007 I had flow.. but mostly with a local neighborhood landlord known as Falcon Properties in the Fashion District/Herald Sq. section of Midtown. It was wild.. I would have back to back lease signings at their Fifth Ave. office. I still to this day have not broken my personal record of 12 deals in a month.. by myself! Today, we've done over 50 deals together & the $8M sale of 150 W. 36th & $18M refinance of 325 W. 38th to them would make it our 56th & 57th transaction together. Anyway, find your flow.. & let me tell you.. keep that fire going for as long as humanly possible, because once it goes out.. it takes a ...
Sep 21
SALE
IMAGE: Stephanie Moore, Christopher Okada & Catherine O'Toole
DATE: 09/17/2021
ADDRESS: 150 West 36th Street
MARKET: Fashion District
ASSET TYPE: Office
BUYER: @FalconPropertiesInc.
BUYERโS REP: Christopher Okada (@ChrisOkada) @OkadaCo.
SELLERโS REP: Catherine O'Toole & Stephanie Moore (@StepOnYou) - @LeeAssociatesNYC
SALE PRICE: $8,000,000
BSF: 24,690 ~ PPBSF: $324
SF: 10,394 ~ PPSF: $640
LOT SIZE: 25 ft x 98.75 ft
NOTE FROM @ChrisOkada: Follow @ChrisOkada. REAL ESTATE STORY TIME! When I started my company in 2006, I was running around like a mad man! UES, SoHo, Midtown East etc. It was only until I started getting my "flow", did I begin to focus. Flow is like momentum & mojo all mixed in one. It's the hot hand & in 2006/2007 I had flow.. but mostly with a local neighborhood landlord known as Falcon Properties in the Fashion District/Herald Sq. section of Midtown. It was wild.. I would have back to back lease signings at their Fifth Ave. office. I still to this day have not broken my personal record of 12 deals in a month.. by myself! Today, we've done over 50 deals together & the $8M sale of 150 W. 36th & $18M refinance of 325 W. 38th to them would make it our 56th & 57th transaction together. Anyway, find your flow.. & let me tell you.. keep that fire going for as long as humanly possible, because once it goes out.. it takes a while to get it going again.. sometimes years. Quick Stats: $640/SF on the bricks isn't something on outsider would pay BUT people were paying $1,100/SF in 2015-2019 for these 25 footers AND its $320/BSF... on a now 100x100 lot in the crossroads of the Times Sq./Fashion District in the best city in the world.. in the best country in the universe.. EVERY DEAL COUNTS. ALWAYS BE CLOSING. BETTING ON NYC! Big Shout Out to Catherine & Stephanie O'Toole... this would be our like 20th deal or something together & congrats to Falcon Properties!
#NewYork #RealEstate #tradedny #NY #FashionDistrict #ChristopherOkada #CatherineOToole #StephanieMoore #LeeAndAssociates #FalconProperties #OkadaCo #FalconProperties
SALE
IMAGE: Peter Papamichael, Ethan Stanton, Brendan Maddigan, Winfield Clifford, Stephen Palmese, Michael Mazzara, Bob Knakal & Jonathan Hageman
DATE: 09/20/2021
ADDRESS: 2-33 50th Avenue
MARKET: Queens
ASSET TYPE: Development Site ๐
BUYER: @TheVOREAGroup - Peter Papamichael
SELLER: The Fortress Corporation - Ladd Thorne (@Gladdieator)
BROKERS: Bob Knakal, @BrendanMaddigan, Jonathan Hageman, @StephenPalmese, Ethan Stanton, Winfield Clifford, Michael Mazzara @JLL
SALE PRICE: $88,000,000
BSF: 417,120 ~ PPBSF: $210
#NewYork #RealEstate #tradedny #NY #BrendanMaddigan #EthanStanton #StephenPalmese #WinfieldClifford #MichaelMazzara #BobKnakal #JonathanHageman #PeterPapamichael #TheVOREAGroup #TheFortressCorporation #LaddThorne
Sep 21
SALE
IMAGE: Peter Papamichael, Ethan Stanton, Brendan Maddigan, Winfield Clifford, Stephen Palmese, Michael Mazzara, Bob Knakal & Jonathan Hageman
DATE: 09/20/2021
ADDRESS: 2-33 50th Avenue
MARKET: Queens
ASSET TYPE: Development Site ๐
BUYER: @TheVOREAGroup - Peter Papamichael
SELLER: The Fortress Corporation - Ladd Thorne (@Gladdieator)
BROKERS: Bob Knakal, @BrendanMaddigan, Jonathan Hageman, @StephenPalmese, Ethan Stanton, Winfield Clifford, Michael Mazzara @JLL
SALE PRICE: $88,000,000
BSF: 417,120 ~ PPBSF: $210
#NewYork #RealEstate #tradedny #NY #BrendanMaddigan #EthanStanton #StephenPalmese #WinfieldClifford #MichaelMazzara #BobKnakal #JonathanHageman #PeterPapamichael #TheVOREAGroup #TheFortressCorporation #LaddThorne
LOAN
IMAGE: Dvir Cohen-Hoshen & Omri Sachs
DATE: 08/27/2021
ADDRESS: 561 Pacific Street
MARKET: Boerum Hill
ASSET TYPE: Residential Condo
LENDER: Bank Leumi ๐ฎ๐ฑ
LANDLORD: @AdamAmericaRE - Dvir Cohen-Hoshen & Omri Sachs
LOAN AMOUNT: $21,800,000
#NewYork #RealEstate #tradedny #NY #AdamAmericaRealEstate #BankLeumi #BoerumHill #DvirCohenHoshen #OmriSachs
Sep 21
LOAN
IMAGE: Dvir Cohen-Hoshen & Omri Sachs
DATE: 08/27/2021
ADDRESS: 561 Pacific Street
MARKET: Boerum Hill
ASSET TYPE: Residential Condo
LENDER: Bank Leumi ๐ฎ๐ฑ
LANDLORD: @AdamAmericaRE - Dvir Cohen-Hoshen & Omri Sachs
LOAN AMOUNT: $21,800,000
#NewYork #RealEstate #tradedny #NY #AdamAmericaRealEstate #BankLeumi #BoerumHill #DvirCohenHoshen #OmriSachs