The Real Deal New York

Posts Tagged ‘silverstein properties’

  • ChadOppenheim

    From left: Chad Oppenheim and renderings of Williamsburg Hotel and 514 Eleventh Avenue (credit: Oppenheim)

    Miami-based Oppenheim Architecture is planting a flag in New York City to satisfy a growing client base throughout the Northeast. [more]

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  • Rendering of 2 World Trade Center (credit: Bjarke Ingels Group) (inset: Bjarke Ingels and Larry Silverstein)

    Rendering of 2 World Trade Center (credit: Bjarke Ingels Group) (inset: Bjarke Ingels and Larry Silverstein)

    A massive ventilation system located on the development site for Larry Silverstein’s 2 World Trade Center could complicate plans for the state-of-the-art, Bjarke Ingels-designed tower. [more]

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  • From left: The Beekman Tower at 3 Mitchell Place and Larry Silverstein and Marty Burger

    From left: The Beekman Tower at 3 Mitchell Place and Larry Silverstein and Marty Burger

    UPDATED July 7, 12:45 p.m.: The $138 million sale of the Beekman Tower — a vacant, 170-unit Art Deco tower in Midtown East — has officially closed. [more]

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  • At the Desk of: Marty Burger

    June 09, 2015 04:35PM
    Marty Burger Silverstein Properties

    Marty Burger (Photo: Tobias Truvillion)

    From the June issue: Marty Burger is the CEO of mega development firm Silverstein Properties, the owner of most of the World Trade Center site. Burger was brought on in 2010 to serve as co-CEO, alongside company founder Larry Silverstein. Silverstein officially passed the baton last year, leaving Burger to oversee more than $10 billion in projects, including one in China and one in Israel. [more]

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  • Rendering of 2 World Trade Center (Credit: Bjarke Ingels Group via Wired)

    Rendering of 2 World Trade Center (Credit: Bjarke Ingels Group via Wired)

    For the first time, renderings were unveiled for the Bjarke Ingels Group-designed 2 World Trade Center. [more]

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  • Sales office lobby model of One West End Avenue (credit: Evan Joseph)

    Model of One West End Avenue lobby (credit: Evan Joseph)

    As of Tuesday, the sales office is up and running at Silverstein Properties’ and Elad Group’s One West End Avenue in Lincoln Square, part of the massive five-building Riverside Center development. [more]

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  • 2 World Trade Center

    From left: Bjarke Ingels, Rupert Murdoch, the World Trade Center site and Larry Silverstein

    News Corp. and 21st Century Fox have signed a non-binding letter of intent to become the anchor tenants of Silverstein Properties’ 2 World Trade Center in the Financial District. [more]

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  • From left: The Beekman Tower at 3 Mitchell Place in Midtown East and Silverstein Properties CEO Marty Burger

    From left: The Beekman Tower at 3 Mitchell Place in Midtown East and Silverstein Properties CEO Marty Burger

    Buyer Chaim Miller and seller Silverstein Properties have smoked the peace pipe, and are making progress on the $138 million deal for the Beekman Tower at 3 Mitchell Place.

    In April, Silverstein sued Miller, claiming that the Brooklyn-based investor breached the terms of sale when he failed to pay an additional deposit after failing to close the deal by the agreed-upon February closing date.  [more]

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  • From left: the Beekman Tower at 3 Mitchell Place in Midtown East and Larry Silverstein

    From left: the Beekman Tower at 3 Mitchell Place in Midtown East and Larry Silverstein

    Despite being hit by a lawsuit by seller Silverstein Properties alleging breach of the $138 million contract, Chaim Miller is still keen on buying the landmarked Beekman Tower.

    Miller — together with partners Sam Sprei and Steven Wu — responded yesterday to a March lawsuit from Silverstein that claims that the Brooklyn-based investor defaulted and failed to present the necessary money to buy the 26-story, 170-unit Art Deco property at 3 Mitchell Place. [more]

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  • Silver Suites

    Silver Suites

    UPDATED, April 15, 5:50 p.m.: Silverstein Properties’ temporary office concept for small and growing companies, known as Silver Suites, is slated to occupy space at 4 World Trade Center, according to president Tal Kerret. [more]

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  • 1 Mitchell Place on the East Side and Larry Silverstein

    1 Mitchell Place on the East Side and Larry Silverstein

    Larry Silverstein is taking Chaim Miller to court over a botched deal to sell him the Beekman Tower for $137.5 million.

    Silverstein Properties and partners Fisher Brothers and Capstone Equities purchased the building in 2013 for $82 million and planned to turn it into apartments geared toward executives visiting the United Nations. In order to sell to Miller, it emptied the building of tenants and fired the leasing staff. [more]

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  • From left: Kelly Kennedy Mack and renderings of 30 Park Place

    From left: Kelly Kennedy Mack and renderings of 30 Park Place

    Many top brokers hopping firms this hectic summer cited wanting a bigger piece of the city’s new development action as a key motivation for jumping ship. And judging by the latest numbers from New York’s largest new development marketer, it’s easy to see why. Corcoran Sunshine Marketing Group sold $3 billion worth of sales in 2014, the firm told The Real Deal today, buoyed by a flood of new inventory and sky-high prices. [more]

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  • Fundrise's Ben and Daniel Miller, 3 World Trade Center and Larry Silverstein

    Fundrise’s Ben and Daniel Miller, a rendering of 3 World Trade Center and Larry Silverstein

    Crowdfunding platform Fundrise is marketing some of the tax-free bonds used to finance Silverstein Properties’ 3 World Trade Center. [more]

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  • From left: 120 Broadway and Carl Weisbrod

    From left: 120 Broadway and Carl Weisbrod

    The Department of City Planning is eyeing a 120,000-square-foot lease in the building largely credited for the creation of the modern-day zoning laws administered by — yep — the Department of City Planning. [more]

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  • From left: Larry Silverstein and Tal Kerret

    From left: Larry Silverstein and Tal Kerret

    Larry Silverstein named Tal Kerret the new president of Silverstein Properties, the developer said in a statement today. Kerret joined the company in 2011 as an executive vice president and has served as the firm’s chief investment officer since January 2013.

    Kerret will be responsible for managing the company’s portfolio, devising new growth strategies and acting as a liaison to investors, according to the developer. [more]

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  • americas-tower

    From left: 1177 Sixth Avenue in Midtown, Larry Silverstein and UBS’ Ulrich Koerner

    A real estate fund managed by UBS Global Asset Management is in contract to purchase a minority stake in Silverstein Properties and the CalSTRS pension fund’s Americas Tower in Midtown West, The Real Deal has learned.  [more]

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  • From left: Developer Larry Silverstein, a drawing of 1 West End Avenue and a rendering of 10 Freedom Place

    From left: Developer Larry Silverstein, a drawing of 1 West End Avenue and a rendering of 10 Freedom Place

    Silverstein Properties and the Elad Group’s 1 West End Avenue development has taken a lot of heat for its planned “poor door.” Now, the offering plan for the building’s market-rate condos offers a glimpse at how the other half will live. [more]

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  • Larry Silverstein and a rendering of 3 World Trade Center

    Larry Silverstein and a rendering of 3 World Trade Center

    Developer Larry Silverstein’s Silverstein Properties plans to sell $1.6 billion of tax-exempt bonds as soon as next week, in an effort to finance the 3 World Trade Center project.

    Silverstein said he hopes an uptick in the municipal bond market makes for a successful sale. The developer has struggled to find investors for the 1,170-foot-tall, 2.5 million-square-foot tower. The property is only 20 percent leased, thus amplifying the risk for potential bondholders. [more]

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  • riverside

    Riverside Center rendering and Janno Lieber

    Silverstein Properties unveiled details about its Riverside Center project, which has a “poor door,” or a separate entrance for tenants residing in the affordable units in the building. [more]

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  • From left: Larry Silverstein and Udi Erez

    From left: Larry Silverstein and Udi Erez of Elad Group

    Silverstein Properties and the Elad Group, developers of the 366-unit residential project at 1 West End Avenue, are seeking $500 million in consortium funds that would likely replace the project’s acquisition and predevelopment financing. [more]

    7 Comments
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