The Real Deal New York

Posts Tagged ‘eastdil secured’

  • Massey Knakal sale faces headwinds

    November 11, 2014 03:45PM
    BobKnakalPaulMassey

    From left: Robert Knakal and Paul Massey

    The potential sale of Massey Knakal Realty Services — New York City’s most active investment sales firm — is the talk of the local industry, with insiders weighing the pros and cons of either a full or partial sale. The catch, however, is that there are major impediments to a large firm buying a full or even minority stake in the firm, insiders said. And that could reduce the company’s sale price to an private investor. [more]

    1 Comment
  • brown

    From left: Doug Harmon, David Helpern, Michelle Flagg and Kent Swig (Credit: Zach Fontaine)

    Developer Kent Swig, investment sales broker Doug Harmon, architect David Helpern and other top real estate insiders gathered last night to discuss pivotal issues shaping the Manhattan skyline, including escalating land prices and sky-high building heights. [more]

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  • trump-plaza

    From left: 167 East 61st Street, Adam Leitman Bailey and Douglas Harmon

    Soon after the ground beneath Trump Plaza at 167 East 61st Street hit the market, members of the co-op board began weighing whether to pay a steep price for the land or keep paying rising bills to rent in the building. [more]

    7 Comments
  • The Mobil Building at 150 East 42nd Street

    The Mobil Building at 150 East 42nd Street

    A partnership led by real estate investors David Werner and Mark Karasick closed on the purchase of a long-term ground leasehold at the 42-story Mobil Building for $855.2 million, according to property records filed with the city today. [more]

    1 Comment
  • shibber

    11-12 30th Drive in Queens and Shibber Khan

    Astoria developer Shibber Khan’s Criterion Group acquired a large development site in the neighborhood for $57 million. [more]

    1 Comment
  • Macklowe-386-Harmon-Spies

    From left: Billy Macklowe, 386 Park Avenue South, Doug Harmon and Adam Spies

    Billy Macklowe is testing the frothy Midtown South office market with the 20-story 386 Park Avenue South, which some insiders think may trade for more than $200 million. That could nearly double the sale price from two years ago. [more]

    1 Comment
  • Blackstone CEO Stephen Schwarzman and 1095 Sixth Avenue

    Blackstone CEO Stephen Schwarzman and 1095 Sixth Avenue

    Blackstone Group is gearing up to sell the Verizon building at 1095 Sixth Avenue, and the office tower may fetch one of the highest prices ever paid for a U.S. skyscraper.

    Blackstone has tapped Eastdil Secured to market the 42-story, 1.2 million-square-foot property, sources familiar with the plans told Bloomberg News. The tower, they said, could fetch as much as $2.25 billion. [more]

    2 Comments
  • The Mobil Building at 150 East 42nd Street

    The Mobil Building at 150 East 42nd Street

    Real estate investors David Werner and Mark Karasick have secured the funds to complete their acquisition of the leasehold position in the iconic Mobil Building, The Real Deal has learned. Meridian Capital Group and Eastdil Secured arranged a $700 million loan for the 1.8 million-square-foot property at 150 East 42nd Street. The deal is one of the biggest financings of the year. [more]

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  • dev-site

    From left: Adam Spies, Doug Harmon and 11-12 30th Drive in Queens

    Long Island-based development firm Vernon Realty Associates listed a large development site in Astoria for $60 million. [more]

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  • 249 West 17th Street

    249 West 17th Street

    American Realty Capital’s New York REIT is set to purchase Twitter’s Manhattan headquarters in Chelsea for $335 million from Savanna Capital Partners, according to an 8-K filed with the SEC by the purchaser. [more]

    3 Comments
  • From left: 180 Broadway, 2 Herald Square and 985-987 Third Avenue

    From left: 180 Broadway, 2 Herald Square and 985-987 Third Avenue

    SL Green Realty announced the sales of three Manhattan properties in separate transactions that will generate $240 million in net cash proceeds for the real estate investment trust. [more]

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  • From left: One Wall Street, 1412 Broadway, 30 Rockefeller Center and Eastdil’s Doug Harmon and Adam Spies

    Large office property sales soared in the first half of the year, during which time New York-based commercial brokerage Eastdil Secured remained the sector’s top broker. [more]

    1 Comment
  • Baxter-Farley-Shapiro-Knakal

    From left: Richard Baxter, James A. Farley post office (Credit: Google), Robert Shapiro and Robert Knakal

    New York State’s business promotion corporation, Empire State Development, picked the investment brokerage firm Massey Knakal Realty Services to sell the 1.5 million square feet of air rights above Moynihan Station in Midtown. [more]

    3 Comments
  • From left: 5 Times Square, Adam Spies and Doug Harmon

    From left: 5 Times Square, Adam Spies and Doug Harmon

    The sale of 5 Times Square — the headquarters of Big Four accounting firm Ernst &  Young — is official. [more]

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  • twitter-245-and-249-west-17th

    Twitter and 245 and 249 West 17th Street

    Savanna Capital Partners is looking to sell Twitter’s New York City headquarters at 245-249 West 17th Street in Chelsea. [more]

    1 Comment
  • 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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  • From left: Adam Spies, 150 East 42nd Street and Douglas Harmon

    From left: Adam Spies, 150 East 42nd Street and Douglas Harmon

    New York investor David Werner is in contract to purchase the trophy Mobil building on East 42nd Street for more than $900 million. [more]

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  • tribeca-park

    400 Chambers Street, Adam Spies and Doug Harmon

    The Related Companies’ Tribeca Park rental building in Battery Park City hit the market — and is expected to sell for $300 million.

    Eastdil Secured brokers Adam Spies and Doug Harmon were tapped to market the 325,365-square-foot property at 400 Chambers Street and North End Avenue. [more]

    6 Comments
  • 65 Broadway

    65 Broadway

    Normandy Real Estate Partners is in negotiations to purchase American Express Co.’s former address at 65 Broadway in the Financial District. [more]

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  • Michaels-1095-Herzka-Verrone2-Ziff

    From left: Howard Michaels, 1095 Sixth Avenue, Ralph Herzka, Robert Verrone and Simon Ziff

    The investment-banking giant Eastdil Secured and the financial brokerage firm Meridian Capital Group were the two most active intermediaries in the origination of loans of $100 million or more in New York City last year, an exclusive analysis by The Real Deal found. [more]

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