The Real Deal New York

Posts Tagged ‘eastdil secured’

  • 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]

    Comments
  • 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]

    Comments
  • 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]

    Comments
  • 401 West 14th Street and TIAA-CREF CEO Roger Ferguson (inset)

    401 West 14th Street and TIAA-CREF CEO Roger Ferguson (inset)

    Asset manager TIAA-CREF has bought Clarion Partners’ minority stake in the Apple store building at 401 West 14th Street. Taconic Investment Partners owns the majority stake in the 64,226-square-foot Meatpacking District building on the corner of Ninth Avenue. [more]

    1 Comment
  • 1 Park Avenue

    1 Park Avenue

    Vornado Realty Trust is asking roughly $650 million for its 20-story office tower at 1 Park Avenue, Bloomberg News reported, citing unnamed sources.

    Adam Spies and Douglas Harmon of Eastdil Secured were recruited to handle marketing for the property at East 33rd Street. The real estate investment trust saved the 925,000-square-foot tower from foreclosure in 2011 after paying $180 million to recapitalize and gain control of it from Norman Sturner’s Murray Hill Properties, as The Real Deal had reported at the time. [more]

    Comments
  • investment-sales-december

    From left: 237 Park Avenue, 36 Central Park South, Richard Baxter, Scott Latham, Yoron Cohen and Jon Caplan

    Click here to see the top five investment sales recorded in December.

    Comments
  • Sotheby's auction houses' New York headquarters at 1334 York Avenue

    Sotheby’s auction houses’ New York headquarters at 1334 York Avenue

    Auction house Sotheby’s is on the prowl for a new headquarters in the city – but any move is contingent upon its ability to sell its current building at 1334 York Avenue. [more]

    Comments
  • Feldman-Retail

    From left: Ziel Feldman, 301 West 53rd Street (Photo credit: Google) and 235 West 75th Street (PropertyShark)

    Midtown-based investment fund Madison Capital paid $130 million yesterday for two retail assets — one on the Upper West Side and another in Hell’s Kitchen — owned by Westbrook Partners, as part of a transaction that included HFZ Capital Group, sources close to the deal told The Real Deal. [more]

    Comments
  • Adam Spies and the Ritz Carlton

    Adam Spies and the Ritz Carlton

    Real estate investment company Millennium Partners, a developer of luxury mixed-use properties, is seeking a buyer for the 335,000-square foot Ritz-Carlton Hotel at 2 West Street on the southern tip of Battery Park City, The Real Deal has learned.

    The 298-room property, which was built in 2001, is listed by a team from commercial brokerage Eastdil Secured. Neither Eastdil nor Millennium immediately responded to requests for comment. The property’s asking price was not available. [more]

    Comments
  • sothebys

    1334 York Avenue

    Sotheby’s has decided to sell its 10-story Manhattan headquarters, at 1334 York Avenue between 71st and 72nd streets, in an effort to give back more cash to shareholders.

    The art auctioneer has received first-round bids, including some from pharmaceutical companies. A few bidders plan to turn it into a medical facility. Douglas Harmon and Adam Spies of Eastdil Secured are handling marketing. In July, Related Companies bid on the 500,000-square-foot building with a proposal that tried to include Sotheby’s in its Hudson Yards project. [more]

    Comments
  • From left: Time Warner Center, Doug Harmon, Adam Spies and the Sony Building

    Eastdil Secured’s Doug Harmon and Adam Spies are on track to push ahead of their arch-rival CBRE in terms of overall sales this year. Several unnamed executives close to the duo’s deals say that the upcoming sales of Time Warner’s headquarters and Sotheby’s 500,000-square-foot Upper East Side building will likely make Harmon and Spies the top sellers of billon dollar buildings in the city come December. [more]

    Comments
  • Jared Kushner and 200 Lafayette Street

    Jared Kushner and 200 Lafayette Street

    A joint venture between Kushner Companies and Los Angeles-based private equity firm CIM Group is set to put a Soho office and retail property at 200 Lafayette Street back on the market, 18 months after it purchased the property, The Real Deal has learned. [more]

    1 Comment
  • Kent Swig and 110 William Street

    Kent Swig and 110 William Street

    Investment and development firm Swig Equities, headed by embattled developer Kent Swig, is seeking a buyer for a 900,000-square-foot office property it owns in the Financial District, The Real Deal has learned. [more]

    1 Comment
  • Joseph Sitt and the Milford Plaza Hotel

    Joseph Sitt and the Milford Plaza Hotel

    Joseph Sitt’s Thor Equities is buying the retail portion of the Milford Plaza Hotel for $65 million, the New York Post reported. [more]

    Comments
  • From left: 605 Third Avenue, Adam Spies and 1345 Avenue of the Americas

    From left: 605 Third Avenue, Adam Spies and 1345 Avenue of the Americas

    Real estate private equity firm Rockpoint Group is in a hard contract to take a 49.5 percent stake in two Fisher Brothers’ office towers in Midtown for $550 million, the New York Post reported. [more]

    Comments
  • Sotheby’s to sell its UES HQ

    June 19, 2013 09:00AM
    Sotheby's New York headquarters at 1334 York Avenue

    Sotheby’s New York headquarters at 1334 York Avenue

    Sotheby’s, the renowned auction house, has put its Upper East Side headquarters up for sale, the New York Post reported. [more]

    Comments
  • 1211 Avenue of the Americas

    1211 Avenue of the Americas

    A Canadian pension fund has taken a 49 percent stake in 1211 Avenue of the Americas, valuing the tower at $1.75 billion, Bloomberg News reported.  [more]

    Comments
  • rxr-realty-worldwide-plaza

    RXR’s Scott Rechler and One Worldwide Plaza

    RXR Realty has agreed to buy a 49 percent stake in the office building at One Worldwide Plaza at 350 West 50th Street from a George Comfort & Sons partnership for roughly $660 million, Real Estate Alert reported.

    The 1.9-million-square-foot Midtown property would receive a nearly $1.35 billion valuation, or about $708 per square foot, if the deal is finalized. Eastdil Secured advised the partnership on the recapitalization, as well as a loan, the report said. [more]

    Comments
  • Adam Spies, 295 Madison Avenue and Doug Harmon

    Adam Spies, 295 Madison Avenue and Doug Harmon

    Updated, 10:15 a.m., June 7: Abe Talass’ Eretz Group will pay about $210 million for a Midtown office tower belonging to Westbrook Partners and the Moinian Group, according to sources.

    The 300,000-square-foot 295 Madison Avenue, located at 41st Street, is part of a portfolio that Westbrook was marketing in April that is expected to fetch about $1 billion, as The Real Deal first reported. Murray Hill Properties represented the buyer in the deal, which is expected to close in September. The Observer first reported the building was in contract. [more]

    Comments
MENU