The industry’s leading lights came together last week to honor The Real Deal’s Amir Korangy for his commitment to supporting families of seriously ill children. Korangy received the Child’s Champion Award from the Ronald McDonald House New York, which provides housing and support services for pediatric cancer patients and their families. [more]
Posts Tagged ‘eric anton’
The Real Deal Magazine held its fourth annual golf outing on August 4 with top professionals from all aspects of the industry. Here now, after the jump, are some of the on-camera highlights. — TRD
It might not be an adage that as many real estate deals are made on the golf course as in the boardrooms, but it should be. Though it was a Monday morning, top industry professionals from all over New York made the trek to the Baiting Hollow Golf Club for The Real Deal‘s fourth annual golf outing. Developers, brokers, lawyers, lenders and marketers had their game faces on, but made sure to make time to talk business between shots. See the full story and slideshow after the jump.
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]
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]
A landmarked three-building parcel on a trendy corner of the Meatpacking District could go for more than $100 million when it hits the market, according to the broker handling sales. [more]
Former Los Angeles Dodgers owner Frank McCourt’s $167 million purchase of 360 10th Avenue earlier this month turned heads but not just because of the price. The deal was also missing a key component in most pricey real estate transactions: a broker.
Some commercial brokerages were unhappy with the exclusion. Commissions, which are usually about 1 percent of the sales price, would have been roughly $1.7 million. These days, sellers are increasingly likely to accept a lower price if the deal can be done quietly and quickly. About 20 to 25 percent of commercial property sales in New York are off-market deals, the Wall Street Journal reported. [more]
Making a few deals while playing 18 holes on a lush course in the heart of Long Island Wine Country is not a bad way to start the work week. And that’s how about 100 real estate power players spent their Monday — at The Real Deal’s third annual golf outing at the Baiting Hollow Golf Club in Baiting Hollow, N.Y. See the full story with photos and a video after the jump.
Long-time Eastern Consolidated brokers Eric Anton and Ronald Solarz left the investment sales firm this week to take jobs at Brookfield Financial, several sources said.
Brookfield Financial is a division of the Toronto Based office and residential giant, Brookfield Asset Management, which owns 50 percent of Brookfield Office Properties. Brookfield Office owns the World Financial Center in Lower Manhattan.
The two, both executive managing directors, were some of the most productive at the firm, insiders said. It was not clear what their new titles or responsibilities would be. … [more]
From left: Steven Spinola, president of the REBNY; Eric Anton, executive managing director at Eastern Consolidated; Debra Shultz, managing director at Manhattan Mortgage; David Heiden, a principal at W Financial and Barry Sternlicht, chairman and CEO of Starwood Capital Group
As the debt ceiling debate nears a critical juncture in Washington D.C., real estate executives in New
York are concerned that absent a final resolution, the fragile recovery will be short circuited by a sudden
spike in interest rates.
Steven Spinola, president of the Real Estate Board of New York, the 12,000-member trade organization,
said the industry’s main concern is the impact a debt ceiling default could have on projects financed
with tax exempt bonds.
“If there is no agreement and our credit rating goes down, what will that do to interest rates?” Spinola
said. … [more]
The 11,400-square-foot duplex retail condominium at One Kenmare Square has hit the market for $17.25 million, according to the Observer. The ground and lower floors of the glassy Soho building, developed by Andre Balazs and Cape Advisors at 211 Lafayette Street, are currently home to furniture retailer Mitchell Gold, and will be through March 2017, when its lease expires. The developers have tapped the Eastern Consolidated team of Ronald Solarz, Eric Anton and Eric Weinberg to market the space, which contains 7,400 square feet on the ground floor and 4,000 in the basement, connected by a stairwell and elevator. [NYO] … [more]
Eric Anton and 110 Amity StreetA Long Island College Hospital building at 110 Amity Street in Cobble Hill will be converted into a condominium building as part of a controversial development plan, the Brooklyn Paper reported. The landmarked Lamm Institute building and three adjacent lots at Amity and Henry streets sold to a group of investors for $6 million, according to broker Eric Anton of Eastern Consolidated, and the new owners intend to transform it into three luxury units, Cobble Hill blog reported. In 2007, the hospital sold the land for $6.1 to Manhattan-based Time Equities, which planned to convert the mansion into eight apartments and construct six, single family townhouses. … [more]
Two Manhattan properties traded recently for a combined $60 million, one sold by real estate investment trust Vornado Realty Trust and the other by Italian bank UniCredit.
In the first transfer, an unidentified Asian buyer paid $30 million for Vornado’s Upper West Side retail store partially occupied by clothing retailer Club Monaco, according to a person with knowledge of the deal.
Vornado, the New Jersey-based real estate investment trust, sold 211-219 Columbus Avenue, a 6,000-square-foot, one-story building on Dec. 31, the source said. … [more]
Many make a profession of foreseeing the future: meteorologists and fortune-tellers, among others. But there are few harder industries to predict than real estate, even for market experts. And after 2009′s battering, few ventured a guess on 2010′s outcome. As The Real Deal‘s Editor-in-Chief Stuart Elliott noted in January 2010, “if we were to turn a corner, we wouldn’t know it until we did.” But, as we did last year, The Real Deal has looked at the most noteworthy predictions of the year to determine just how right — or wrong — those forecasts were. … [more]