Adam Spies, 295 Madison Avenue and Doug Harmon

In a test of how much the office and residential investment markets have recovered since the boom, the private equity firm Westbrook Partners is offering for sale a six-building Manhattan portfolio that is expected to fetch about $1 billion, real estate sources said.  [more]

Doug Harmon and the Time Warner Center

Time Warner has hired Eastdil Secured’s Doug Harmon to market its 1.1 million-square-foot Midtown headquarters and determine what the media conglomerate would receive for the building, Reuters reported.  [more]

650 Madison Avenue

The Carlyle Group has put a Midtown office tower near the Sony Building on the market, in a move that could see the investment behemoth receive more than $1 billion from the sale, according to written reports seen by Crain’s. The 27-story tower is located at 650 Madison Avenue between East 59th and East 60th Streets and totals roughly 600,000 square feet, making it a shade smaller than the Sony Building, which was acquired by Joseph Chetrit’s Chetrit Group for $1.1 billion earlier this year. [more]

425 Park Avenue

Lehman Brothers is looking to sell its 90 percent stake in 425 Park Avenue, the Wall Street Journal reported. The 31-story, 567,340-square-foot building, located in Midtown East, is slated to be demolished and replaced with a 650,000-square-foot Norman Foster-designed office tower  being developed by L&L Holdings, which owns the remaining 10 percent stake in the current building. [more]

Eric Hadar and the Brill Building

Stonehenge Partners and Invesco Real Estate have sold the Brill Building at 1619 Broadway for $185 million to Eric Hadar and Merchants Hospitality, the New York Post reported. Adam Spies and Doug Harmon of Eastdil Secured brokered the deal, which included 30,000 square feet of air rights, sources told The Real Deal. In addition, eight new signs for roughly 5,000 square feet of advertising space were approved, which will bring in about $2 million per year in revenue.

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Time Warner Center

Time Warner has reached out to two additional firms, Eastdil Secured and Jones Lang LaSalle, to help it value its million-square-foot Columbus Circle headquarters, having already solicited the services of Studley last week, the Wall Street Journal reported. The media behemoth is preparing to move into a new location or consolidate its more than 4 million square feet of New York City office space. If the company does decide to sell, the building could command prices of roughly $1,000 a square foot for a total price north of a billion dollars. The intense bidding interest likely from a sale announcement would mean that brokers could reap rich rewards from commission, typically below 1 percent on a deal of this size…. [more]

From left: Doug Harmon and the Monterey

The Related Companies has put the Monterey — an Upper East Side rental property located at 175 East 96th Street between Lexington and Third avenues — up for sale, Bloomberg News first reported. Related is aiming for bids between $250 million and $300 million, sources told the New York Observer, meaning that the building’s 522 units could fetch approximately $575,000 each. Rents span from $3,125 to $3,795, according to marketing materials. Doug Harmon of Eastdil Secured is leading marketing. [more]

From left: Doug Harmon, the Beekman Tower Hotel and Larry Silverstein

A Silverstein Properties, Fisher Brothers and Capstone Equities partnership has closed on the Beekman Tower Hotel for roughly $85 million, Crain’s reported. Silverstein Properties will manage the operation of the building. The property contains 170 rooms and will be converted into extended-stay corporate housing suites.  [more]

From left: 430 West 14th Street, Joe Sitt of Thor Equities and Ron Burkle

Grocery/real estate/private equity tycoon Ron Burkle has flipped his Meatpacking District property — he owns a majority  interest in the building, which houses such retailers as Scoop boutique — for close to $100 million to Joe Sitt of Thor Equities, the New York Post reported.

Eastdil Secured’s Douglas Harmon, Adam Spies and Kevin Donner brokered the deal for the brick loft building at 430 West 14th Street, the Post said. Burkle bought it for $65 million last year, as previously reported. [more]

Eastdil’s Doug Harmon and 550 Madison Avenue

Eastdil Secured beat CBRE, Cushman & Wakefield, Jones Lang LaSalle and Newmark Grubb Knight Frank to market Sony’s 36-story building at 550 Madison Avenue, the New York Post reported. Sony had considered selling the 800,000-square-foot property since the beginning of the summer, after the company posted a nearly $6 billion loss during the last fiscal year.

As previously reported, the Sony U.S. headquarters could be worth between $700 million and $1 billion. Eastdil is also currently behind the marketing of Worldwide Plaza, which the Post said could fetch over $1 billion. [more]