The Real Deal New York

Posts Tagged ‘david schechtman’

  • Schechtman Von Der Ahe

    From left: David Schechtman and Peter Von Der Ahe

    Real estate brokers and analysts discussed a “remarkable” 2015 for the New York City market at a NYC Real Estate Expo panel on Wednesday, and speculated on whether robust conditions would continue in 2016 and what factors may throw them off course.

    Office market performance kicked off the New York Observer’s “Boots on the Ground versus Eyes on the Prize” panel, with David Greene, president of brokerage services at MHP Real Estate Services, describing a “relentless” leasing environment in the city. [more]

  • 51 Irving Place near Gramercy Park

    51 Irving Place in Gramercy Park

    The Rumpel family’s six-story, mixed-use building in Gramercy Park is back on the market for $56.5 million – $6 million less than its previous asking price earlier this year.

    The 50,000-square-foot building, located at 51 Irving Place at the corner of East 17th Street, houses 56 rental units as well as five retail spaces and one office space. Roughly three-quarters of the apartments are market rate with the rest rent regulated, while the building’s retail component includes a 1,500-square-foot, two-story townhouse. [more]

  • Ralph Herzka

    Ralph Herzka

    TRD PROFILE: On a summer day in 2012, Rosewood Realty Group’s Aaron Jungreis was being bombarded with calls from Ralph Herzka, CEO of Meridian Capital Group.

    Jungreis was in his office; Herzka vacationing on a cruise ship. Yet, the mortgage broker was calling “every hour” to make sure a particular deal closed.

    “I look up to him because he never stops,” said Jungreis – a telling statement from a broker known for his own punishing work schedule. “Even I stop once in a while.” [more]

  • From left: Joseph Sitt (inset), the Row NYC Hotel at 700 Eighth Avenue, David Schechtman (inset) and Lipa Lieberman (inset)

    From left: The Row NYC Hotel at 700 Eighth Avenue (inset: Joseph Sitt, David Schechtman and Lipa Lieberman)

    Thor Equities’ retail condominium unit at the Row NYC Hotel in Midtown is on the market. [more]

  • Meridian Capital

    From left: Ralph Herzka, David Schechtman, Lipa Lieberman and a Meridian T-shirt (credit: Ross Fox)

    UPDATED, 4:38 p.m., April 21: Meridian Capital Group, one of the city’s top large-loan brokerages, is expected to announce plans today to launch Meridian Investment Sales, a new division of the firm specializing in brokering building sales, The Real Deal has learned. [more]

  • 61-71 Wythe Ave

    David Schechtman and 61-71 Wythe Avenue

    The Williamsburg building that houses Brooklyn Bowl and Brooklyn Brewery is up for sale. [more]

  • 136-e-39

    From left: 134-136 East 39th Street in Murray Hill and Aaron Jungreis

    The Bnai Zion Foundation is looking to sell its U.S. headquarters at 134-136 East 39th Street in Murray Hill for $21 million, The Real Deal has learned. [more]

  • urban-2

    From left: Peter Rebenwurzel (credit: Flickr), 2425 Nostrand Avenue in Brooklyn, Marion Jones and Lipa Lieberman

    Peter Rebenwurzel’s Coney Realty Group is in contract to buy a large Brooklyn-centric portfolio from Urban American Management for $236 million, The Real Deal has learned. [more]

  • schechtman

    26-15 Brooklyn-Queens Expressway in Queens, and David Schechtman

    Luxury watchmaker Bulova has listed its headquarters in the Queens neighborhood of Woodside for $30 million. [more]

  • 77-bowery

    From left: 77 Bowery in Chinatown, Jonathan Zamir and David Schechtman

    UPDATED, 3:08 p.m., Oct. 6: Jonathan Zamir’s Keystone Equities has put the seven-floor office condominium component of the East West Bank building in Chinatown on the market, The Real Deal has learned. The property is expected to sell for as much as $30 million, according to sources close to the deal.  [more]

  • 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]

  • 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]

  • 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]

  • 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]

  • 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]

  • 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]

  • 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]

  • 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]

  • 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]

  • 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]