The Real Deal New York

Posts Tagged ‘eastern consolidated’

  • 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]

  • ash

    From left: 1424-1428 Lexington Avenue, Ben Ashkenazy and Lipa Lieberman

    Ashkenazy Acquisition Corporation continues to plow through the Upper East Side with the purchase of a five-story rental building in Carnegie Hill, brokers told The Real Deal. [more]

  • anton-scandalios

    From left: Eric Anton and Andrew Scandalios

    Long-time property broker Eric Anton, who was most recently with the New York office of capital markets firm Brookfield Financial, is starting today with the local office of the national brokerage HFF, Anton told The Real Deal.

    Anton, 45, is joining HFF as a senior managing director after three years at Brookfield. Anton spent most of his brokerage career at one of New York City’s largest local brokerage firms, Eastern Consolidated, where he started in 1998. [more]

  • 4-6-west-37th

    From left: 4-6 West 37th Street, David Schechtman and Steven Zimmerman

    UPDATED, 10:40 a.m., June 27: State Bank of Texas CEO Chan Patel and his sons, Sushil Patel and Rajan Patel, acquired a pair of six-story Garment District office buildings for $20 million. The Dallas-based hotel development and banking family plans to raze the structures and construct a limited-service hotel on the site, a broker told The Real Deal.

    The properties at 4-6 West 37th Street, between Fifth and Sixth avenues, are nearly 44 feet wide. Both buildings have 2,000 square feet of ground-floor retail and roughly 9,500 square feet in office space.  [more]

  • Haus-Sch-61-Knak

    From left: Peter Hauspurg, David Schechtman, 61-63 Crosby and Robert Knakal

    The owners of a 19th-century, four-story cooperative residential and retail building in Soho have banded together to offer their property for sale. Brokers familiar with the property estimated it could sell for $50 million. [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: Adelaide Polsinelli and 145 East 125th Street

    From left: Adelaide Polsinelli and 145 East 125th Street

    A six-story Harlem building owned by the Kessner family is on the market for $29 million. [more]

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  • From left: 106-108, 114 and 118 Ridge Street on the Lower East Side

    From left: 106-108, 114 and 118 Ridge Street on the Lower East Side

    A contiguous trio of mixed-use properties are on the market on the Lower East Side for just under $60 million. [more]

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  • 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

    12-16 Meserole Street in Brooklyn

    A family of institutional investors is asking $22 million for a portfolio of four properties in Williamsburg.

    The Lefkowitz family developed a string of five-story residential buildings at 12, 14, 16 and 18 Meserole Street about nine years ago. The sites are renting at 25 percent below market rate, Crain’s reported. Eastern Consolidated is marketing the buildings. Just last week, Sterling Equities bought a 61,000-square-foot Williamsburg multi-family rental building at 76-80 Meserole Street from Cornell Realty Management for $36 million, as The Real Deal reported. [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]

  • From left: Adelaide Polsinelli, 250-254 East 112th Street, 256 East 112th Street and 258 East 112th Street

    From left: Adelaide Polsinelli, 250-254 East 112th Street, 256 East 112th Street and 258 East 112th Street

    Commercial brokerage Eastern Consolidated has been tapped to market three adjacent corner properties along Second Avenue at 112th Street in East Harlem, The Real Deal has learned exclusively. [more]

  • johnson

    From left: Alan Miller and David Johnson

    After more than 14 years with the brokerage company Eastern Consolidated, Alan Miller joined a new investment and advisory firm based in Soho called 5Points Group. [more]

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  • Interiors of

    Interiors of 17-19 Thompson Street

    An unidentified buyer has picked up a long-turnning Soho taproom for millions over its previous sale price. [more]

  • solarz-anton

    From left: Ronald Solarz and Eric Anton

    Eric Anton and Ronald Solarz are bringing their 14-year run as partners in New York City real estate investment to a close.

    Anton and Solarz worked together for more than a decade in investment sales at Eastern Consolidated. In 2011, the duo left Eastern to join Brookfield Financial, as previously reported. Brookfield Financial is the investment banking division of the Toronto-based real estate giant Brookfield Asset Management. While the duo have been partners since 2000, they’ve actually worked together even longer. [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]

  • joseph-greene

    72-76 Greene Street and Joseph Ettedgui

    London-based fashion retail chain Joseph has decided to remain at its Soho pop-store, inking a long-term lease on the 7,500-square-foot space.

    The store at 72-76 Greene Street will hold onto its 3,950 square feet on the lower level and 3,400 square feet on the ground floor. Joseph, founded by the late Moroccan hairdresser Joseph Ettedgui, also recently opened an outpost at 1061 Madison Avenue near East 81st Street. [more]

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  • 131 Duane Street

    131 Duane Street

    One of Tribeca’s last remaining cast-iron loft buildings, currently home to City Hall Restaurant, has changed hands for $18.5 million. [more]