The Real Deal New York

Posts Tagged ‘eastdil secured’

  • From left: Doug Harmon, Adam Spies, the Old Navy building at and Steve Roth

    From left: Doug Harmon, Adam Spies, the Old Navy building at 144-150 West 34th Street and Steve Roth

    Vornado Realty Trust just closed on the $355 million acquisition of the Old Navy building in Herald Square, The Real Deal has learned, just over a year after a partnership between Starwood Capital Group and Crown Acquisitions bought it for $252 million. [more]

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  • Garment District

    From left: 142 West 36th Street, 234 West 39th Street and Tod Waterman

    Waterman Interests and USAA Real Estate have partnered to acquire a pair of Garment District buildings for $118 million. [more]

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  • From left: China Vanke's Yu Liang, 130 West 42nd Street, Tribeca Associates' Bill Brodsky and Meadow Partners' Jeff Kaplan

    From left: China Vanke’s Yu Liang, 130 West 42nd Street, Tribeca Associates’ Bill Brodsky and Meadow Partners’ Jeff Kaplan

    China’s largest publicly-traded developer is buying a majority stake in the 30-story Bush Tower office building overlooking Bryant Park for $125 million, according to Real Capital Analytics. [more]

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  • Meridian-Capital-RE

    From left: Ralph Herzka, Bob Knakal, J.D. Parker and Stephen Shapiro

    Eat. Sleep. Close. Repeat.

    Meridian Capital Group’s mantra, apt for what sources say is one of the most intense companies a broker can work in, has served it well in the mortgage business. But could Meridian bring the same pizzazz to the investment sales space? [more]

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  • 717 Fifth Avenue in Midtown

    717 Fifth Avenue in Midtown

    UPDATED, Feb. 19, 1:49 p.m.: Anbang Insurance Group, the Chinese company that purchased the Waldorf Astoria last year for $2 billion, is making another impressive deal with the purchase of 717 Fifth Avenue from the Blackstone Group for an undisclosed price.  [more]

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  • blackstone-rxr

    From left: Scott Rechler, 601 West 26th Street, 340 Madison Avenue and Jonathan Gray

    Scott Rechler’s RXR Realty is in contract to sell a 50 percent stake in six New York-area office buildings to private equity giant the Blackstone Group.  [more]

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  • Hotel-Thani-Eastdil-Front-2

    From left: 790 Seventh Avenue, Sheikh Faisal Bin Qassim Al Thani, Doug Harmon and Mark Elliott

    UPDATED, 11:35 a.m., Feb. 20: Qatari investment firm Al Rayyan Tourism and Investment is closing in the next few days on the acquisition of the 689-room Manhattan at Times Square Hotel for $535 million, industry sources said. The deal could give rise to a new tower of as much as 900,000 square feet. [more]

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  • garment

    From left: 142 West 36th Street, 234 West 39th Street and Herald Square Properties’ Michael Reid

    Herald Square Properties and the Davis Companies are asking $125 million for a pair of Garment District office properties that total 210,000 square feet. [more]

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  • bronx

    From left: 2401 Third Avenue in the Bronx, Keith Rubenstein, Joseph Chetrit and Douglas Harmon

    The Chetrit Group and Somerset Partners are days away from closing on a 1.5-acre waterfront site in the Bronx for $26 million as part of an enormous residential development, The Real Deal has learned. [more]

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  • 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]

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  • 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]

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  • 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]

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  • 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]

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  • 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]

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  • 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]

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  • 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]

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  • 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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