The Real Deal New York

Posts Tagged ‘carlyle group’

  • CaryTarkin508west24

    From left: 508 West 24th (credit: Tamarkin Co.), a penthouse condo and Cary Tamarkin (inset)

    Two years after launching sales, architect and developer Cary Tamarkin’s  boutique condominium project on the High Line is officially sold out. [more]

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  • From left: 106 Spring Street, Doug Harmon and Adam Spies

    From left: 106 Spring Street in Soho, Doug Harmon and Adam Spies

    The Carlyle Group and Manhattan-based investment firm 60 Guilders are the leading bidders to snap up a retail co-op unit at the base of 106 Spring Street and the adjacent 93 Mercer Street in Soho for $140 million, The Real Deal has learned. The price comes to a hefty $15,555 per square foot.  [more]

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  • From left: Andrew Chung and 202 Canal Street

    From left: Andrew Chung and 202 Canal Street

    Andrew Chung tackled his first major deal since leaving the Carlyle Group as a partner and launching his own firm.

    Chung’s Innovo Property group, in a partnership with Artemis Real Estate Partners, bought the 15,500-square-foot retail condo at 202 Canal Street, paying $44 million. Of that, the partners contributed $14 million, with the Bank of China providing a loan for the $30 million difference. [more]

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  • GaryBarnettRiverside

    From left: Gary Barnett and rendering of Riverside Center (credit: Christian de Portzamparc)

    Extell Development and the Carlyle Group filed plans for the latest addition to Riverside Center: a 24-story residential property at 633 West 59th Street. [more]

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  • Renderings of The Boerum at 265 State Street in Brooklyn

    Renderings of The Boerum at 265 State Street in Brooklyn

    Developers Flank and the Carlyle Group secured a $175 million construction loan to fund The Boerum condominium project at 265 State Street in Brooklyn, according to property records filed with the city Wednesday. [more]

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  • David Rubenstein

    David Rubenstein

    Carlyle Group is considering a new U.S. real estate strategy that would focus on core-plus holdings — offices, apartment buildings and retail facilities that need a little extra work to boost their values.

    A potential new offering of these types of holdings would target 10 percent returns, Carlyle co-founder David Rubenstein said at Morgan Stanley’s financials conference Tuesday, according to Bloomberg News. [more]

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  • One Flatbush David Schwartz William Conway

    From left: Earlier rendering for One Flatbush, Slate’s David Schwartz and Carlyle’s William Conway

    Slate Property Group and Meadow Partners have closed on the $59 million purchase of a development site at 1 Flatbush Avenue in Brooklyn, paying nearly $500 per square foot — a record deal for a Downtown Brooklyn development site. [more]

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  • 170-bway

    Stanley Chera and 170 Broadway in Lower Manhattan

    The Premier Group acquired a Marriott Residence Inn at 170 Broadway in Lower Manhattan from the Carlyle Group, Crown Acquisitions and Highgate Hotels for $150 million.

    The 18-story property near Maiden Lane was recently converted into a 228-room hotel from an office building. The hotel is slated to open in January. The Bahrain-based buyer also owns the Four Seasons Hotel that is now under construction at 30 Park Place. [more]

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  • slate-lic

    From left: Martin Nussbaum, David Schwartz, 21-21 44th Drive in Queens and Carlyle’s William Conway

    UPDATED, 11:16 a.m., Nov. 21: Slate Property Group, in partnership with private-equity giant the Carlyle Group, filed permits today to construct a condominium building in Long Island City that would span nearly 87,000 square feet, according to Department of Buildings records. [more]

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  • flatbush

    From left: Earlier rendering for One Flatbush, Slate’s David Schwartz and Carlyle’s William Conway

    Midtown development firm Slate Property Group filed plans for a 19-story, 160,000-square-foot apartment building in Downtown Brooklyn.

    The property at 1 Flatbush Avenue would hold 157 apartments, each averaging nearly 800 square feet. Twenty percent of the residential component will be reserved for affordable housing. The bottom two floors would hold 20,000 square feet of retail space. [more]

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  • carlyle

    From left: Carlyle Group’s William Conway, Daniel D’Aniello and David Rubenstein, and 570 Seventh Avenue in Midtown

    The Carlyle Group and Capstone Equities is in contract to sell a Times Square office building at 570 Seventh Avenue $163 million, nearly double what they paid last year.

    The sellers paid $83 million in July 2013 for the 167,000-square-foot property. American Realty Capital, a Midtown-based sponsor of real estate investment trust, is set to buy the 21-story building for $976 per square foot. [more]

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  • Jay Neveloff and 570 Seventh Avenue

    Jay Neveloff and 570 Seventh Avenue

    A joint venture between the Carlyle Group and Capstone Equities, which paid $83 million for a Times Square office building at 570 Seventh Avenue last year, is considering creating a condo offering specifically for the property’s lucrative signage, The Real Deal has learned.

    The 21-story, 170,000-square-foot Class B building is located at West 41st Street, one block south of Times Square. The area plays host to more than 350,000 pedestrians daily, and brands are willing to pay landlords millions of dollars in annual rent to advertise on their buildings. [more]

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  • From left: Rendering of One Flatbush and 1-11 Flatbush Avenue

    From left: Rendering of One Flatbush and 1-11 Flatbush Avenue

    Capstone Equities and the Carlyle Group are in contract to buy two parcels near the intersection of Flatbush and Fulton Street for $35 million. [more]

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  • cohen

    Marc Horowitz and 475 Park Avenue South

    Talent Partners, a company that provides payroll services to top advertising agencies, grabbed 32,250 square feet at the Cohen Brothers Realty Corporation-owned 475 Park Avenue South.

    The 35-story office tower is in the middle of a $40 million renovation project that is slated for completion this year. The lobby, bathrooms, elevators and curtain wall are all receiving upgrades. Asset management firm the Carlyle Group agreed to buy a majority interest in Talent Partners last month. [more]

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  • 200-Water-Street---Dumbo

    200 Water Street in Dumbo

    An Israeli bank has provided $72.5 million in construction funding toward a 12-
    story Dumbo condominium-and-rental project.

    The Carlyle Group recently partnered with Megalith Capital Management and Urban Realty Partners to develop three contiguous parcels at 173 Front Street, 177 Front Street and 200 Water Street, as The Real Deal reported. Bank Leumi is providing the financing for the project, which is expected to cost more than $100 million. [more]

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  • carlyle-megalith

    From left: 200 Water Street in Brooklyn, Megalith’s Samvir Sidhu and 173-177 Front Street in Brooklyn

    UPDATE, 4:36 p.m., May 27: An affiliate of Washington, D.C.-based global asset management firm Carlyle Group acquired three contiguous parcels in Dumbo from Midtown developer Megalith Capital Management for a total of $30.6 million — the same amount the sites changed hands for last year, according to property records filed with the city today. The two companies are partnering together on the development of the site.  [more]

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  • KLM buys 920 Broadway for $120M

    May 07, 2014 08:50AM
    920-broadway

    From left: 920 Broadway, Doug Harmon and Adam Spies

    KLM Construction Corporation acquired an 110,000-square-foot building at 920 Broadway in the Flatiron District for $120 million.

    The Carlyle Group and ClearRock Properties handed off the 16-story office property near East 21st Street for $1,100 per square foot – a record for the area, the New York Post reported. Eastdil Secured brokers Adam Spies, Doug Harmon and Adam Doneger arranged the deal. [more]

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  • winick-570-seventh

    From left: 570 Seventh Avenue, Jeff Winick and Darrell Rubens

    Capstone Equities and the Carlyle Group tapped Winick Realty Group to market a 20,000-square-foot flagship retail space at 570 Seventh Avenue near 41st Street, Winick Realty Group told The Real Deal exclusively. [more]

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  • 414w14

    Amancio Ortega and 414 West 14th Street

    Ponte Gadea Group, the U.S. investment arm for Spanish billionaire Amancio Ortega, has acquired a 56,000-square-foot office and retail building at 414 West 14th Street for $94 million, according to public records filed with the city today. [more]

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  • From left: Carlyle Group co-founders, William Conway Jr., Daniel D’Aniello and David Rubenstein and 920 Broadway

    From left: Carlyle Group co-founders William Conway Jr., Daniel D’Aniello and David Rubenstein, and 920 Broadway

    Private equity giant the Carlyle Group and ClearRock Properties will renovate their 16-story office building at 920 Broadway to the tune of $10 million. The building, which the firms purchased for $58.5 million from Yeshiva University in February, has 110,000 rentable square feet and 96 feet of retail frontage on Broadway. [more]

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