The Real Deal New York

Posts Tagged ‘jeff sutton’

  • 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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  • 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]

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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]

    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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  • 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]

    3 Comments
  • 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]

    3 Comments
  • 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]

    2 Comments
  • 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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