The Real Deal New York

Posts Tagged ‘david schechtman’

  • Hauspurg-Schechtman-Jones-Nostrand

    From left: Peter Hauspurg, David Schechtman, Marion Jones and 2425 Nostrand Avenue (Photo credit: Google)

    Urban American Management, one of the city’s leading private equity-backed real estate investment firms during the mid-2000s boom, is listing for sale a mega Brooklyn-focused apartment portfolio likely to trade for more than $200 million. [more]

    7 Comments
  • 321 East 60th Street

    321 East 60th Street

    The investment firm that bought a portfolio of Lenox Hill properties three years ago that had been amassed by a late plumber baron is looking to sell off a parking lot at the foot of the Queensboro Bridge for $14.6 million. But what the development site lacks in charm, it makes up for with the potential to generate bonus air rights that could be worth tens of millions of dollars. [more]

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  • mercer-premier

    25-27 Mercer Street and Premier’s Uzi Ben Abraham

    Premier Equities and Thor Equities jointly closed on the $22 million purchase of a pair of Soho mixed-use buildings from East End Capital.

    The five-story mixed-use building at 25 Mercer Street and the three-story, 10-unit building at 27 Mercer Street were officially sold Friday as part of a $33 million portfolio. Sportswear retailer Surface to Air occupies the ground floor of 27 Mercer. The five-story manufacturing building at 21 Mercer, which houses a stand-alone Nike Sportswear store on the ground floor, sold separately for $11 million to Thor and Premier late last year. All three properties entered contract last June, as The Real Deal reported. [more]

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  • David Schechtman

    David Schechtman

    From the May issue: David Schechtman is a principal and executive managing director at the commercial brokerage Eastern Consolidated. He started his career as a bankruptcy lawyer at DLA Piper, but in 2005 joined Eastern Consolidated, where he’s done 267 deals totaling $4.4 billion, the largest of which was the 2007 sale of 344-352 West Street for $215 million. [more]

    2 Comments
  • From left: David Schechtman, the Tribeca Film Festival building at 13-17 Laight Street and Zach Vella

    From left: David Schechtman, the Tribeca Film Festival building at 13-17 Laight Street and Zach Vella

    The headquarters of the Tribeca Film Festival is being shopped around for $105 million, after trading hands for just $56 million at the end of 2012, The Real Deal has learned. [more]

    8 Comments
  • meserole

    76-80 Meserole Street in Brooklyn (Insets: Fred Wilpon and Lipa Lieberman)

    Sterling Equities, led by New York Mets owner Fred Wilpon, bought a 61,000-square-foot Williamsburg multi-family rental building from Cornell Realty Management for $36 million, The Real Deal has learned. [more]

    2 Comments
  • hare-krishna

    From left: 295-309 Schermerhorn Street, Andrew Sassoon and David Schechtman

    The International Society for Krishna Consciousness, also known as the Hare Krishna movement, wants to sell its U.S. headquarters in Downtown Brooklyn for upwards of $60 million, or more than $300 per buildable square feet, The Real Deal has learned. [more]

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  • flushing

    41-60 Main Street in Flushing, Queens (Inset: Jeffrey Wu)

    The owner of international grocery chain Hong Kong Supermarket is asking $92 million for his 100,500-square-foot commercial building in Flushing, Queens, The Real Deal has learned. [more]

    2 Comments
  • di-blasi

    From left: 112-21 Northern Boulevard in Corona and Gerald Caliendo’s proposed rendering

    Flushing, Queens-based development firm Fleet Financial Group, led by Yi “Richard” Xia, has acquired a triangular site in Corona, with plans to redevelop its 357,000 buildable square feet, The Real Deal has learned. [more]

    3 Comments
  • 320-west-37th

    From left: David Schechtman, 320-324 West 37th Street and Robert Franco

    Real estate investors Isaac Chetrit and Ray Yadidi are in contract to buy a 15-story loft office building in Hell’s Kitchen from the Albanese Organization for $37 million, The Real Deal has learned.

    The 100,000-square-foot building at 320-324 West 37th Street, between Eighth and Ninth avenues, features 93,244 square feet of office space and 7,000 square feet of retail space. There are a total of 28 commercial units, nearly all of which are currently leased. [more]

    2 Comments
  • schechtman-cafeteria

    161-165 West 17th Street and David Schechtman

    A six-story Chelsea building which houses hip celebrity eatery Cafeteria is set to trade to a local multi-family investment company for $37 million, or $696 a square foot, The Real Deal has learned.

    The property, at 161-165 West 17th Street, hit the market in July and was marketed by David Schechtman of Eastern Consolidated for $45 million. Schechtman declined to comment on the deal, saying only that the building was no longer available for sale. [more]

    3 Comments
  • 76-80-meserole-street

    76-80 Meserole Street (Inset: David Schechtman)

    Shifra Hager’s Cornell Realty Management is asking $38.5 million for a 61,000-square-foot Williamsburg multi-family rental building. [more]

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  • From left: Warburg's Gordon Roberts, 124 West Houston Street, David Schechtman and Alexander Erdos of Eastern Consolidated

    From left: Gordon Roberts, 124 West Houston Street, David Schechtman and Alexander Erdos

    A team of residential and commercial brokers is pairing up to market a multi-family building in Greenwich Village — the former home of conceptual artists Arakawa/Gins — as a potential development site, art production show house, or single-family home, priced at $22.5 million. [more]

    Comments
  • From left: David Schechtman of Eastern Consolidated,145 Greene Street and Ben Askenazy

    From left: David Schechtman of Eastern Consolidated,145 Greene Street and Ben Askenazy

    Ashkenazy Acquisition, the Midtown-based real estate firm headed by young mogul Ben Ashkenazy, snapped up a prime Soho retail condominium, a broker involved with the deal told The Real Deal. [more]

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  • 4 East 46th Street and David Schectman (inset)

    4 East 46th Street and David Schectman (inset)

    A small Midtown office building just off Fifth Avenue has sold for $16.4 million – or just north of $1,000 per square foot — to a Korean investor making his debut in the New York City market.

    The 16,115-square-foot building at 4 East 46th Street comes with 30,000 square feet of air rights, making it a viable prospect as a boutique hotel. The building could also receive additional air rights if the Midtown East rezoning proposal is approved. [more]

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  • ezratty-arcade

    141 West 35th Street and Brian Ezratty

    The Kaufman Organization’s Kaufman Arcade building in Midtown South is on the market for the first time in over 60 years, the New York Post reported. The 198,000-square-foot property at 141 West 35th Street could command north of $90 million, sources told the Post.

    Kaufman tapped Eastern Consolidated’s Brian Ezratty and David Schectman to market the mid-block building that runs from West 35th Street to West 36th Street between Broadway and Seventh Avenue. [more]

    2 Comments
  • 1031-pic

    From left: Doug Harmon, Joe Koicim, Matthew Bonney and Matthew Scheriff

    A growing number of investors are opting for so-called 1031 exchanges, in the wake of tax code changes that have increased the hit on selling real estate. But with more sellers exchanging higher and higher priced properties, some experts say the investment sales market is getting artificially inflated. [more]

    1 Comment
  • From left: the exterior and interior of 121 Greene Street and Lipa Lieberman of Eastern Consolidated

    Two Soho retail properties — a condominium at 121 Greene Street and a co-op at 349 West Broadway — will hit the market today asking $35 million, The Real Deal has learned. The Greene Street building, between Prince and Houston streets, houses trendy eyewear purveyor Warby Parker’s first brick-and-mortar store, which opened last week. [more]

    Comments
  • 380 Columbus Avenue and Margaret Streicker Porres of Newcastle

    The nearly 12,000-square-foot commercial condominium at 380 Columbus Avenue is being put on the market for the first time since the building was constructed in 1900, The Real Deal has learned.

    A team of brokers at Eastern Consolidated, led by Executive Managing Director David Schechtman, has been retained to sell the space with an asking price of $23.5 million. [more]

    1 Comment
  • From left: soon-to-be developed area near Citi Field and Citi Field

    A development site with “extremely permissive zoning” has hit the market in the Willets Point area of Queens, listing broker David Schechtman of Eastern Consolidated confirmed to The Real Deal today. The site, which boasts about 350,000 buildable square feet and is just down the road from Citi Field, is asking $21 million, according to documents obtained by TRD. [more]

    1 Comment
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