The Real Deal New York

Posts Tagged ‘jeff sutton’

  • 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]

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  • 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]

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  • 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.

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  • 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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  • From left: 747 Madison Avenue and Audrey Hepburn in Breakfast at Tiffany's

    From left: 747 Madison Avenue, Audrey Hepburn in Givenchy’s famous LBD in “Breakfast at Tiffany’s”

    Jeff Sutton has been unmasked as the buyer of the remaining 33.3 percent stake in the retail co-op at 747 Madison Avenue’s Colony House, and French fashion brand Givenchy was revealed as the mystery tenant taking space at the property’s base. [more]

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  • Dealmaking from the floor at ICSC: PHOTOS

    December 10, 2013 08:12AM
    From left: Robert Futterman of RKF, Fred Van Wagenen of Jamestown and Jeff Fishman of RKF

    From left: Robert Futterman of RKF, Fred Van Wagenen of Jamestown and Jeff Fishman of RKF

    Brokers and dealmakers said they felt a greater intensity at this year’s International Council of Shopping Centers annual New York National Conference, held yesterday and today at the New York Hilton Midtown hotel and the Sheraton New York Times Square Hotel. They’re right. See the photos after the jump.

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  • From left: Jeff Sutton and 1565 Broadway

    From left: Jeff Sutton and 1565 Broadway

    Radio Shack has opened in Jeff Sutton’s former Roxy Deli building in Times Square. [more]

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  • 530-Sitt

    530 Broadway and Joe Sitt

    Camping and hiking chain Eastern Mountain Sports is accusing a company controlled by investor Joe Sitt of unfairly refusing to allow it to assign a lease at 530 Broadway in Soho to an Italian fashion company. EMS is seeking at least $10 million in damages.The New Hampshire-based sport and recreation retailer filed the lawsuit Friday in New York State Supreme Court, after Sitt’s Thor Equities withheld consent to assign the lease to the women’s fashion chain Brandy Melville. [more]

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  • From left: Marc Holliday, Jeff Sutton and Juicy's retail store at 650 Fifth Avenue

    From left: Marc Holliday, Jeff Sutton and Juicy’s retail store at 650 Fifth Avenue

    Purveyor of all things crushed velvet, Juicy Couture will receive $50 million to vacate its retail space at 650 Fifth Avenue. The long-term leasehold on the retail portion of the 36-story building was acquired earlier this month by a joint venture between SL Green Realty and Jeff Sutton’s Wharton Properties. [more]

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

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

    SL Green Realty and Jeff Sutton have signed fashion giant Prada to an early renewal deal for its 20,000 square feet at 724 Fifth Avenue, SL Green said. The renewal will extend Prada’s lease by 15 years and keep them in the building through 2028. [more]

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  • From left: Marc Holliday, Jeff Sutton, 650 Fifth Avenue and Ayatollah Khamenei

    From left: Marc Holliday, Jeff Sutton, 650 Fifth Avenue and Ayatollah Khamenei

    A joint venture between SL Green Realty and Jeff Sutton’s Wharton Properties has acquired the long-term leasehold for the retail portion of 650 Fifth Avenue, a Midtown tower that a New York federal judge previously ruled is a front for Iranian interests. [more]

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  • Sutton-Armani-717-Schwarzman

    From left: Jeff Sutton, Armani store, 717 Fifth Avenue (Photo: CoStar Group) and Blackstone’s Steven Schwarzman

    Private equity juggernaut the Blackstone Group is reportedly shopping the office portion of its tower at 717 Fifth Avenue, for a sum that sources pegged at $370 million. But the 26-story tower, divided into three condominiums, comes with an unusual property tax situation that reduces the value of the stake, insiders said. [more]

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  • From left: Blackstone's Steven Schwarzman, 717 Fifth Avenue and Jeff Sutton

    From left: Blackstone’s Steven Schwarzman, 717 Fifth Avenue and Jeff Sutton

    The Blackstone Group has put a 26-story Fifth Avenue tower on the market. The plan to sell 717 Fifth Avenue had been in the works for several months, but the private equity giant had to wait to officially begin marketing the property until retail real estate tycoon Jeff Sutton — who owns the retail condominiums in the building – passed on his right of first offer. [more]

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  • Jeff Greene

    Jeff Greene

    From the September issue: In this month’s “Heard around town” feature, The Real Deal has the scoop on Jeff Sutton’s plans to demolish his New Jersey home and a tour of billionaire Jeff Greene’s Hamptons compound the very day the real estate mogul played tennis with the creator of the South Beach Diet. Click here to see these stories and more.

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  • A rendering of 529 Broadway

    A rendering of 529 Broadway

    The Landmarks Preservation Commission gave high praise to a six-story retail project planned for 529 Broadway by investors Bobby Cayre and Jeff Sutton. Commissioner Michael Devonshire said the proposed project was “as exciting a building as I’ve seen [in my time] on the committee.” [more]

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  • Sutton pays Sitt $327M for 530 Broadway

    September 18, 2013 10:19AM
    Jeff Sutton, 530 Broadway and Joseph Sitt

    Jeff Sutton, 530 Broadway and Joseph Sitt

    Retail mogul Jeff Sutton is in contract to buy a three-building site at 530 Broadway from frequent collaborator Joseph Sitt for $327 million, extending his dominance in Soho. [more]

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  • Empire_State_Building_Graphic

    From left: Peter Malkin and Joseph Sitt

    Over the past seven years, Malkin Holdings has steered the once warren-like Empire State Building from a derided Class B relic to a reinvigorated office tower that competes for large tenants with the city’s most modern Class A properties. [more]

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  • Pace opens at Sutton’s 180 Broadway

    August 31, 2013 04:00PM

    Jeff Sutton and 180 Broadway

    Following nearly two years of construction, 180 Broadway is set to open its doors to nearly 600 Pace University students this Labor Day weekend. Owned by retail tycoon Jeff Sutton, SL Green Realty and Harel Insurance, the 24-story dormitory in Lower Manhattan will feature a fitness center, staff offices and student common areas. [more]

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  • JeffSutton119Spring2

    Jeff Sutton, 119 Spring Street in Soho

    A former joint venture partner of developer Jeff Sutton claims in a new lawsuit that the owners of a Soho co-op building refused to sell them the retail space for an agreed-upon $14 million, allegedly nearly doubling the asking price at the 11th hour. [more]

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