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Posts Tagged ‘jeff sutton’

  • 64-72 125th Street

    64-25 125th Street and Dan Hollander (inset) (credit: GF55 Architects)

    Dan Hollander’s DHA Capital is close to signing a 99-year land lease for a handful of properties on 125th Street in Harlem that will pave the way for a 200-unit rental building, The Real Deal has learned. [more]

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  • The Crown Building and Sendeep Mathrani

    The Crown Building and Sandeep Mathrani

    UPDATED, 5:34 p.m., Jan. 30: General Growth Properties is looking to expand the retail component at the Crown Building to 125,000 square feet. The real estate investment trust and partner Jeff Sutton paid a record-setting $1.75 billion for the property last month. [more]

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  • Jeff Sutton and 85 Fifth Avenue near Union Square

    Jeff Sutton and 85 Fifth Avenue near Union Square

    Less than a month after purchasing the Crown Building, Jeff Sutton’s Wharton Properties has purchased a lower Fifth Avenue retail co-op near Union Square for $86 million. [more]

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  • From left: 509 Fifth Avenue, Jeff Sutton and Demi Lovato for Skechers

    From left: 509 Fifth Avenue, Jeff Sutton and Demi Lovato for Skechers

    Shoe brand Skechers inked a 15-year lease to take up 3,500 square feet at Jeff Sutton’s 509 Fifth Avenue. Two blocks south, Japanese design store Muji has inked a deal for 15,500 square feet. [more]

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  • Clockwise from top left: Doug Harmon, Adam Spies, Marc Holliday, Barry Sternlicht, Steven Roth, Harry Macklowe and Stanley Chera

    Clockwise from top left: Doug Harmon, Adam Spies, Marc Holliday, Barry Sternlicht, Steven Roth, Harry Macklowe and Stanley Chera

    The ever-increasing throngs of brand-hungry shoppers traipsing through Manhattan has resulted in record retail deals this year. And it’s the usual suspects who are pouncing on the opportunity. [more]

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  • From left: Jeff Sutton, the Crown Building and Sendeep Mathrani

    From left: Jeff Sutton, the Crown Building and Sendeep Mathrani

    Jeff Sutton and General Growth Properties are buying the Crown Building at Fifth Avenue and 57th Street for $1.75 billion, only a day after it hit the market. [more]

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  • Clockwise from left: 125th Street in Harlem, Jeff Sutton, Ian Bruce Eichner

    Clockwise from left: 125th Street in Harlem, Jeff Sutton, Ian Bruce Eichner

    Developers and retailers are zeroing in on Harlem’s 125th Street. [more]

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  • From left: Stanley Chera, Jeff Sutton and Steven Roth

    From left: Stanley Chera, Jeff Sutton and Steven Roth

    From the December issue: With Upper Fifth Avenue snatching back from Hong Kong’s Causeway Bay the title as the world’s most expensive retail district, aggressive bets made in Manhattan by local investors seem to be on solid ground. Yet a closer look at leasing numbers and conversations with brokers indicate there is a plateau at the very high end of the market in Manhattan. [more]

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  • McDonald's in Times Square

    McDonald’s in Times Square

    The landlord of the Times Square McDonald’s is trying to force the fast-food chain’s to pay to advertise outside its own restaurant. [more]

    14 Comments
  • Sutton-Massey2

    From left: Jeff Sutton, Paul Massey, Marc Holliday and 760 Madison Avenue

    SL Green Realty paid $282.4 million for the land under a package of retail and residential buildings that it owns in partnership with Jeff Sutton and Stonehenge Partners, where luxury brand Armani is a tenant. [more]

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  • sutton

    Jeff Sutton and 100 West 125th Street

    Jeff Sutton’s Wharton Properties received a $95 million construction loan to develop a six-story, 33,000-square-foot Harlem retail building to be anchored by Whole Foods. Natixis Real Estate Capital provided a three-year, interest-only loan that comes with two options to extend it for a 12-month period. The site at 100 West 125th Street, near Lenox Avenue, will hold Whole Foods as well as Olive Garden, TD Bank, Burlington Coat Factory and American Eagle. All leases are for 20 years; the building is 77 percent pre-leased, the New York Observer reported. [more]

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  • From left: 180 Broadway, Richard LeFrak and Marc Holliday

    From left: 180 Broadway, Richard LeFrak and Marc Holliday

    The LeFrak Organization has purchased a 24-story Pace University dormitory and retail property at 180 Broadway using proceeds from the sale of a 22-story office building in the Newport development in Jersey City. [more]

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  • Sutton-Massey1

    From left: Jeff Sutton, Paul Massey, Marc Holliday and 760 Madison Avenue

    The longtime owners of the land under three buildings controlled by SL Green Realty, Jeff Sutton and Stonehenge Partners at Madison Avenue and 65th Street are offering it for sale for an undisclosed price. [more]

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  • From left:

    From left: Harrison LeFrak, Anthony Malkin and Jeff Sutton

    From the May issue: In this month’s in their words feature, we hear from retail maven Jeff Sutton, who touches on how empathy can lead to more deals. Harrison LeFrak makes known his concern that developers may turn the town of Southampton into a cheap and tacky Long Island suburb. Lastly, Anthony Malkin describes how easy it is to get LEED certification. [more]

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  • 724FifthAvePradaSuttonHolliday

    From left: Marc Holliday, 724 Fifth Avenue and Jeff Sutton

    Retail investor Jeff Sutton, along with his frequent partner SL Green Realty, obtained approximately $150 million in proceeds from a mega-refinance of 724 Fifth Avenue, according to city property records and industry sources. The building is the Midtown flagship location for Italian luxury brand Prada. [more]

    4 Comments
  • jeff-sutton

    Jeff Sutton, 609 Fifth Avenue and a Payless entrance

    Jeff Sutton, the founder and president of retail giant Wharton Properties, made a rare public speaking appearance yesterday at Baruch College, addressing students as part of a management series.

    The real estate mogul, who owns over 120 properties citywide including 717 Fifth Avenue and 650 Fifth Avenue, and has signed major leases for flagship stores like Giorgio Armani, American Eagle and Abercrombie & Fitch, spoke about his own personal history, the goals of his company and his keys to success. Read on for a closer look. [more]

    12 Comments
  • Friedman-182-Holliday-Sutton

    From left: Stephen Friedman, 182 Broadway, Marc Holliday and Jeff Sutton

    SL Green Realty, Jeff Sutton and a large Israeli insurance firm conveyed an unusual type of condominium interest for the dormitory portion of the newly-constructed, Lower Manhattan tower at 182 Broadway valued at $42.1 million to Pace University, according to sources and city records. [more]

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  • Spiegelman-583-124

    From left: Gene Spiegelman, 583 Broadway (Photo credit: PropertyShark) and 124 Prince Street

    Rising retail rents are driving an ongoing acquisition frenzy in Soho, insiders say, and if the latest market data is to be believed, that activity should continue. [more]

    1 Comment
  • From left:

    From left: Stanley Chera, the St. Regis Hotel, Jeff Sutton and Joseph Sitt

    From the January issue: If you trace the origins of the most aggressive retail deals in the last dozen years in Manhattan’s high-profile shopping districts, most lead back to Brooklyn. Click here for the full story and interactive maps of Manhattan retail properties owned by members of New York City’s Syrian Jewish community centered in Brooklyn.

    2 Comments
  • From left: Jared Kushner, Luis D. Ortiz and Dolly Lenz

    From left: Jared Kushner, Luis D. Ortiz and Dolly Lenz

    year_in_reviewNew York real estate had a sizzling 2013, and The Real Deal was there every step of the way with breaking news, features and analyses of the industry’s most important trends. As we march into 2014, we look back at which web stories resonated most strongly with readers over the past year. [more]

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