The Real Deal New York

Top Manhattan commercial agents for month

October 04, 2011 09:34AM
By Adam Pincus

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From left: Adam Spies, Robert Knakal, Woody Heller, Richard Baxter and Harry Krausman
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Sources: CoStar Group, PropertyShark.com and The Real Deal.
Footnotes: Sales data is for Manhattan deals published on the city property record site Acris in September and provided by PropertyShark.com. Brokers and additional information is from CoStar Group and The Real Deal.

The top commercial deal to be recorded in city property records in September
was JPMorgan Chase Asset Management closing on the $719 million acquisition of the 14-story office and commercial building
200 Fifth Avenue, (part of the former International Toy Center buildings),
PropertyShark.com data shows. Eastdil Secured’s Adam Spies and Douglas
Harmon brokered the sale (see chart above). The purchase drove much of the
monthly total transfer value, which was $2.9 billion in commercial deals reported
on the city property record site Acris, an analysis of PropertyShark.com figures
show.

Other top sales included hotel developer the Lam Group which paid $71.9
million for neighboring properties 1205 Broadway and 1225 Broadway
, in a deal
brokered by Massey Knakal Realty Services. Studley agents brokered the sale of three commercial
condominiums to Prudential Real Estate Advisors for $61.6 million
, at the
condo known as the Laurel. Then
brokers from Jones Lang LaSalle managed the $47.2 million sale by KFJ Realty
to Ofer Yardeni’s Stonehenge Partners
.

Finally, two brokers from Cassidy Turley represented Spanish firm Lladro in the
$44 million sale of 43 West 57th Street to a buyer identified only as Bob 57 LLC.

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