The Real Deal New York

Posts Tagged ‘jeff sutton’

  • Nearly a third of the properties in the New Jersey town of Deal are owned by New York City real estate families. Source: Deal Borough property records.

    Nearly a third of the properties in the New Jersey town of Deal are owned by New York City real estate families. Source:  TRD analysis of Deal property records.

    From the August issue: It’s no news flash in this industry that the tiny Jersey Shore hamlet of Deal is a magnet for Syrian Jewish real estate moguls. But just how much of Deal they actually own might surprise you.

    The so-called “SY” community, as Brooklyn-based Syrian Jews are sometimes called, has a near-lock on high-end property in the town. That’s especially true along the oceanfront, where a handful of powerful real estate families have set up side-by-side family compounds. [more]

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  • Scaffolding outside 509 Fifth Avenue, Rabbi Joshua Metzger, Jeff Sutton and 509 Fifth Avenue

    From left: Scaffolding outside 509 Fifth Avenue, Rabbi Joshua Metzger, Jeff Sutton and 509 Fifth Avenue

    UPDATED, June 8, 11:15 a.m.:A Midtown synagogue that enlisted Jeff Sutton’s help to acquire its premises at 509 Fifth Avenue is now suing the retail mogul over signage at the property. The ownership of the building’s retail section, however — a partnership between Sutton, Bobby Cayre and the Adjmi family — said that it was “shocked” by the synagogue’s allegations, which it says are without merit. [more]

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  • Joseph Moinian and 3 Columbus Circle

    Joseph Moinian and 3 Columbus Circle in Midtown

    Joseph Moinian’s the Moinian Group has closed a $361 million bond (1.4 billion shekels) issuance on the Tel Aviv Stock Exchange, the largest debt offering on the exchange to date by a U.S. real estate player.

    The issuance closed last week at an interest rate of 4.2 percent – one of the lowest ever secured by a U.S. company – and is backed by about 15 properties in the developer’s New York portfolio, including 3 Columbus Circle and 535-545 Fifth Avenue. [more]

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  • From left: Tess Jacoby of RKF, Haim Chera of Crown Acquisitions, Joshua Strauss of RKF and Stanley Chera of Crown Acquisitions at the Las Vegas Convention Center on Monday

    From left: Tess Jacoby of RKF, Haim Chera of Crown Acquisitions, Joshua Strauss of RKF and Stanley Chera of Crown Acquisitions at the Las Vegas Convention Center

    About 2,000 New York’s real estate professionals hit Las Vegas for the International Council of Shopping Centers’ 2015 RECon, held at the Las Vegas Convention Center. Photos and more from these parties after the jump.

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  • A rendering of 100 West 125th Street (Inset: Jeff Sutton)

    A rendering of 100 West 125th Street (Inset: Jeff Sutton)

    Nordstrom Rack could be opening up at Jeff Sutton’s 100 West 125th Street. [more]

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  • Kicking off ICSC in Vegas: PHOTOS

    May 18, 2015 10:00AM
    Clockwise from top left: Robert Futterman, David Edelstein, Christopher Petracca, Ryan Serhant, Tommy Bennetter, Zach Beloff, Taryn Talmadge, Patricia Garcia, Pamela Haber, Brandon Hakimi, Ivan Hakimian and Evan Rafinia (Credit: Adam Pincus/The Real Deal)

    Clockwise from top left: Robert Futterman, David Edelstein, Christopher Petracca, Ryan Serhant, Tommy Bennetter, Zach Beloff, Taryn Talmadge, Patricia Garcia, Pamela Haber, Brandon Hakimi, Ivan Hakimian and Evan Rafinia (Credit: Adam Pincus/The Real Deal)

    Top New York City dealmakers were in Las Vegas over the weekend, prepping for the start of the world’s largest retail convention, the International Council of Shopping Centers’ RECon 2015, which runs Sunday through Wednesday. Sunday afternoon, Jeff Sutton, Robert Knakal, Simon Ziff, Bobby Cayre and dozens of others were backslapping and taking in the sun at the pools and cabanas of the Wynn Las Vegas hotel. Later that night, thousands of attendees headed to the Las Vegas Strip for an evening of parties. Pictures and more after the jump.

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  • Eliot Spitzer and the Crown Building in Midtown

    Eliot Spitzer and the Crown Building in Midtown

    Eliot Spitzer’s sale of the Crown Building for $1.78 billion to Jeff Sutton and General Growth Properties hit city property records Thursday, setting an all-time price per-square-foot record.

    The deal, which closed last month, marks the highest price paid per square foot ever paid for an entire office building. At 390,000 square feet, the price breaks down to $4564 per square foot. [more]

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  • Billionaire Jay Paul, Dumbo and Two Trees Management's David Walentas

    Billionaire Jay Paul, Dumbo and Two Trees Management’s David Walentas

    The Forbes Billionaires List added two U.S.-based real estate billionaires in 2015. So how’d they do it? Forbes offers four lessons for making it big in real estate. [more]

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  • From left: Aby Rosen, 85 Fifth Avenue and Jeff Sutton

    From left: Aby Rosen, 85 Fifth Avenue and Jeff Sutton

    Aby Rosen’s RFR Realty has closed on the sale of an $86 million retail space on lower Fifth Avenue to Jeff Sutton’s Wharton Properties. [more]

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  • From left: Michael Shvo and the Crown Building

    From left: Michael Shvo and the Crown Building

    UPDATED 11:50 a.m. April 7: Michael Shvo and Russian developer Vladislav Doronin are buying the majority of the Crown Building. [more]

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  • 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]

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  • 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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