The Real Deal New York

Posts Tagged ‘SJP Properties’

  • Allen Goldman

    From left: Allen Goldman and 200 Amsterdam Avenue on the Upper West Side

    SJP Properties, in partnership with Mitsui Fudosan America, just closed on the purchase of a large development site at 200 Amsterdam Avenue, according to sources familiar with the transaction. Zoning allows for a 600-foot-high residential tower of nearly 400,000 square feet, and the partners intend to build luxury condominiums on the site.

    When reached by phone late Thursday, SJP president Allen Goldman confirmed the purchase. He declined to comment on the purchase price, but sources familiar with the deal said it closed for close to $750 per buildable square foot, or nearly $300 million. [more]

  • 11-times-square

    11 Times Square and Steven Pozycki (credit: STUDIO SCRIVO)

    SJP Properties’ Steven Pozycki and a group of investors are selling a minority stake in 11 Times Square, the 1.1 million-square-foot skyscraper where Microsoft has offices. [more]

  • Enrique-Alonso-138-140-W11

    From left: Enrique Alonso and 138-140 West 11th Street

    UPDATE, 3:56 p.m., Sept. 26: One of the top executives at SJP Properties, the New Jersey-based developer of 11 Times Square and a portfolio of multi-family buildings, just snapped up an 11-unit townhouse in Greenwich Village for $19 million, property records show.

    Senior Vice President Enrique Alonso and his wife, an SJP vice president and daughter of company founder Steven J. Pozycki, paid $19.2 million for the 1885 home at 138-140 West 11th Street, records filed today indicate. [more]

  • The Closing with Steven Pozycki

    September 24, 2014 10:30AM
    Steven Pozycki (credit: STUDIO SCRIVO)

    Steven Pozycki (credit: STUDIO SCRIVO)

    From the September issue: Steven Pozycki is founder and CEO of Parsippany, N.J.–based SJP Properties, which has developed over 25 million square feet of office space as well as residential condos and rentals since 1981. SJP made a bold move into the New York market several years ago, when it built 11 Times Square, a 40-story, 1.2-million-square-foot speculative glass office-and-retail tower. [more]

  • 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. [more]

  • From left: 11 Times Square and the logo

    From left: 11 Times Square and the logo

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

  • 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]

  • 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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