The Real Deal New York

Posts Tagged ‘ofer yardeni’

  • Rabbi Pinto offered plea bargain

    April 24, 2014 11:50PM
    Rabbi Pinto

    Rabbi Yoshiyahu Pinto

    An Israeli prosecutor has offered Rabbi Yoshiyahu Pinto, a spiritual adviser to several New York City real estate power players, a plea bargain that would see him sentenced to prison for one year. [more]

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  • Jennifer Rosoff (inset), 400 East 57th Street

    Jennifer Rosoff (inset) and 400 East 57th Street

    A woman fell to her death after her 17th-floor balcony railing gave way at a Stonehenge Partners-owned building that is likely the Stonehenge57 at 400 East 57th Street, the New York Post reported. [more]

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  • The Closing with Ofer Yardeni

    February 18, 2013 10:30AM

    Ofer Yardeni  (photo by STUDIO SCRIVO)

    From the February issue: Ofer Yardeni is the cochairman and CEO of Stonehenge Partners, a Manhattan-based real estate company that owns and manages 27 residential buildings and commercial properties in New York valued at roughly $2.2 billion. Yardeni formed the company 18 years ago with his business partner, Joel Seiden. But the company has been especially active lately. Last spring, Stonehenge partnered with SL Green Realty and retail mogul Jeff Sutton to buy a $416 million retail and residential property portfolio that includes eight prime Upper East Side properties. More recently, Stonehenge bought a residential building at 103 East 86th Street for $76 million in November. The company is also converting a former staff-housing site at St. Vincent’s Hospital into a 180-unit luxury residential building at 555 Sixth Avenue. [more]

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  • From left: Ofer Yardeni, Joel Seiden and Eyal Reggev

    Stonehenge Partners is set to undergo a shuffle. The firm will reorganize its senior management team, moving its former managing partner Ofer Yardeni to co-chairman and CEO. Stonehenge will also piece together a Strategic Advisory Board — also to be created and co-chaired by Yardeni along with Joel Seiden, both founders of Stonehenge. The board’s purpose will be to assist Stonehenge, with an eye on efficiency, as it anticipates growth. [more]

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  • From left: Ofer Yardeni, 103 East 86th Street (credit: PropertyShark) and Joel Seiden

    Stonehenge Partners’ Ofer Yardeni and Joel Seiden purchased an apartment building at 103 East 86th Street for $76 million, the New York Post reported. Located just off Park Avenue, the 90,000-square-foot, 13-story building traded for $850 per square foot — or $1.6 million for each of the 48 units.

    There are five vacancies in the building now. They will be fully renovated and put on the rental market for $90 to $100 per square foot, the Post said. [more]

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  • From left: Ofer Yardeni and a rendering of the 112 Ninth Avenue ground-level retail space

    Ofer Yardeni’s Stonehenge Partners has put a 5,300-square-foot retail space, which was previously the home to six small businesses on the Ninth Avenue stretch between 17th and 18th streets, on the rental market, DNAinfo reported. The firm seeks to have a sole tenant occupy the space, at 112 Ninth Avenue, in a 10-year deal. The opening is slated for 2013. [more]

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  • From left: SL Green CEO Marc Holliday, Stonehenge Partners co-founder and managing member Ofer Yardeni and 1080 Amsterdam Avenue (credit: PropertyShark)

    New York City’s largest office landlord, SL Green, today announced a joint venture with Stonehenge Partners on a luxury residential redevelopment project in Morningside Heights. The partnership will enter a 99-year ground lease for the 96-unit 1080 Amsterdam Avenue, located at 113th Street —just a few blocks south of Columbia University — for which it will shell out $13 million. [more]

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  • Ofer Yardeni and Joel Seiden’s Stonehenge Partners has closed on the 93-unit apartment building at 1143 Second Avenue and 60th Street it went into contract for in August, according to public records filed with the city on Wednesday. Stonehenge paid KFJ Realty $47 million for the six-story building, which includes 15,000 square feet of retail on the westerly block between 60th and 61st streets, and 77,000 square feet of development rights. It is still not clear whether Stonehenge will build at the site or simply hold on to the development rights for future construction. A call to Stonehenge today was not immediately returned. — Katherine Clarke[more]

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  • Ofer Yardeni, managing partner at Stonehenge, and 1143 Second Avenue

    A 93-unit apartment builidng at 1143 Second Avenue that hit the market in June has gone into contract for $47 million to Stonehenge Partners, the New York Post reported. The all-cash deal for the partially stabilized building was signed yesterday and is slated to close after Labor Day.

    The deal for the six-story building includes 15,000 square feet of retail on the westerly block between 60th and 61st streets and 77,000 square feet of development rights. It was not immediately clear whether Stonehenge, operated by Ofer Yardeni and Joel Seiden, would build at the site or simply hold on to the development rights for future construction. The Jones Lang LaSalle marketing team of Richard Baxter, Ron Cohen, Scott Latham and Jon Caplan represented the seller KFJ Realty in the sale. This is the first time that the building has changed ownership in 50 years. … [more]

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  • Ofer Yardeni, managing partner and co-founder of Stonehenge Partners, has been named chairman of the Friends of the Israel Defense Forces’ five-year-old Real Estate Division, the organization announced today (note: clarification appended). Yardeni, who was honored at the FIDF’s real estate reception this past November, is a mainstay of the city’s multi-family real estate industry. Stonehenge owns or manages 19 Manhattan properties with 2,700 units, including a 178-unit building in Greenwich Village it bought from St. Vincent’s Hospital for $67 million last year. The FIDF supports educational, social, cultural and recreational programs for Israeli soldiers and their families. TRD

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  • From left: 401 West 56th Street, Ofer Yardeni and Alan Miller (building photo credit: CityRealty)
    An affiliate of Flushing-based apartment rental firm Orin Management purchased the Clinton apartment building located at 401 West 56th Street from Ofer Yardeni’s Stonehenge Partners for $37.96 million.

    56 Scarlett Associates, an affiliate of Orin Management which is controlled by members of the Sohn family, signed a contract in November and closed on the purchase Dec. 16, city property records published yesterday show.

    The 95-unit building at the corner of Ninth Avenue was one of the first properties acquired by Yardeni’s firm, which he founded in the early 1990s with Joel Seiden. Stonehenge bought it in April 1995 for $5.8 million, the company said in a press release. … [more]

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  • The Real Deal on the town…

    November 17, 2010 05:09PM

    The Real Deal went party hopping last night. First, we chatted up the guests at the Friends of the Israeli Defense Force Real Estate Division Reception at Gotham Hall honoring Ofer Yardeni, managing partner and co-founder of Stonehenge Partners. Then, we dropped by the Setai Hotel and Residences at 400 Fifth Avenue, where three separate 58th-floor units were decorated in honor of classic films: “Six Degrees of Separation,” “Something’s Gotta Give” and “Wall Street” (see photo gallery above). … [more]

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    From l: 1327-1329 Lexington Ave., Gary Barnett, Ofer Yardeni, Ziel Feldman

    A Carnegie Hill apartment building owned in part by the estate of an only son, Mark Terk, who died two years ago, is generating a bidding war among leading property … [more]

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