The Real Deal New York

Posts Tagged ‘SJP Properties’

  • 11 Times Square Schotz

    From left: 11 Times Square and Jeffrey Schotz

    The New Jersey-based developer of 11 Times Square, the city’s largest speculative building when it broke ground in the summer of 2007, is moving its executive offices to the Crossroads of the World as it looks to expand its footprint in New York City.

    SJP Properties, the family run business that has been headquartered in Parsippany, N.J. since its inception in 1981, is moving an executive team of about 10 to 12 people in September into 5,000 square feet the company has taken in the 40-story office tower it built in 2007. [more]

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  • From left: 11 Times Square and the Answers.com logo

    From left: 11 Times Square and the Answers.com logo

    UPDATED 9 a.m., July 16: Answers.com is the newest tenant at 11 Times Square. [more]

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  • Moore Capital founder Louis Bacon and 11 Times Square (Credit: CoStar)

    Moore Capital founder Louis Bacon and 11 Times Square (Credit: CoStar)

    After several months of deliberation, Moore Capital Management finally seems set to plant its flag atop 11 Times Square, The Real Deal has learned. [more]

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  • 11-Times-Square

    11 Times Square

    Hedge fund Moore Capital Management is close to signing for 80,000 square feet at SJP Properties and Prudential’s office spec property 11 Times Square, including the penthouse office on the 40th floor and a private squash court, Crain’s reported.

    Rents at the 1.1 million-square-foot tower, located at 1251 Sixth Avenue in Times Square, are $90 per square foot and up. Newmark Grubb Knight Frank broker Neil Goldmacher is representing the would-be tenant, while Jones Lang LaSalle’s Mitch Konsker heads up a team that represents the owner. [more]

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  • Gov. Chris Christie with Panasonic executives

    Gov. Chris Christie with Panasonic executives

    New Jersey Governor Chris Christie welcomed electronics giant Panasonic to its new North American headquarters in Newark on Tuesday, marking the long-awaited debut of the city’s first new office tower in 20 years and the latest step in a longstanding effort to revitalize its Downtown corridor. [more]

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