The Real Deal New York

Posts Tagged ‘studley’

  • Julien Studley

    Julien Studley

    UPDATED, Oct. 15, 10:20 a.m.: Julien Studley, legendary real estate broker and founder of the eponymous commercial brokerage, died Monday night at the age of 88, a spokesperson confirmed.

    In conversations with The Real Deal, friends and colleagues remembered him as a visionary who changed New York’s commercial real estate industry, all with a pleasant and unpretentious demeanor.

    “This is a guy who transformed the business in many ways into what it is today,” said Bruce Mosler, chairman of global brokerage at Cushman & Wakefield. “Julien had the ability to read the business and excel and still keep the trust of his colleagues – that’s a fairly tall order.” [more]

  • laurel

    400 East 67th Street and Woody Heller

    A nearly 59,000-square-foot mixed-use condominium unit at the Laurel on the Upper East Side is hitting the market and expected to fetch as much as $70 million.

    An undisclosed institutional seller hired Savills Studley brokers Daniel Parker, Will Silverman, Eric Negrin and Woody Heller to market the space at the 31-story condo tower at 400 East 67th Street, near First Avenue. The fully-leased unit holds office, retail and garage space. [more]

  • hugo

    55 Water Street and Hugo Boss CEO Claus-Dietrich Lahrs

    German fashion brand Hugo Boss is in talks to grab 70,000 square feet of office space at 55 Water Street, one of the city’s biggest commercial properties.

    The tenant is close to signing a lease at the 3.8 million-square-foot, 53-story property, owned by Retirement Systems of Alabama. It is also considering 100,000 square feet at the Durst Organization’s One World Trade Center. Hugo Boss offices would be relocated from the Starrett Lehigh Building at 601 West 26th Street in Chelsea. [more]

  • savills-studley

    From left: Jeremy Helsby, Michael Colacino and Mitch Steir

    London-based global real estate firm Savills has agreed to acquire the Midtown-based Studley for $260 million, the firms said in a statement this morning. [more]

  • 250 West 55th Street

    250 West 55th Street

    WEEKENDEDITION Three firms have made deals to occupy a total of 23,265 square feet at the recently-built 250 West 55th Street.

    Veracen Partners, RTW Investments & LifeSci Capital and Coltrane Asset Management have each signed leases for 11,263 square feet, 7,196 square feet and 4,806 square feet, respectively, at the nearly one million square-foot office property at Eighth Avenue. All three companies will occupy a portion of the 16th floor of the 38-story office tower. [more]

  • heidi-learner

    Studley’s Heidi Learner

    Affordable office space in Lower Manhattan is running out.

    As technology, media and fashion companies are moving in, the area is seeing a swift decline in availability of Class B and C office space, according to a report by brokerage Studley.

    Last month, 4.3 million square feet of Class B and C office space was available, according to the report. That’s about 45 percent less than in 2011.  [more]

  • From left: Walnut Hill's Stephen Yang, 31 West 27th Street and Woody Heller

    From left: Walnut Hill’s Stephen Yang, 31 West 27th Street and Woody Heller

    Private equity firm Westbrook Partners just closed on the acquisition of a Midtown South office building at 31 West 27th Street for north of $80 million, The Real Deal has learned. [more]

  • tribeca-pointe

    Tribeca Pointe

    Tribeca Pointe, a 42-story rental complex in Battery Park City, is expected to sell for at least $300 million.

    Rockrose Development tapped a team of Studley brokers, including Woody Heller, Will Silverman, Eric Negrin, and Daniel Parker, to market the 285,000-square-foot building. The developer is seeking a buyer who would either convert the 80 percent portion of the 80/20 affordable housing setup into condominiums, or continue to operate the entire property at 41 River Terrace as a rental. [more]

  • the-yard

    234 Fifth Avenue and the Yard at 33 Nassau Avenue

    In another sign of the surging interest in shared-office space, Kenart Realties signed the Yard to the full office component at 234 Fifth Avenue at 27th Street.

    The Yard, a shared office specialist, agreed to sign up for 15 years in an 18,000-square-foot space near Madison Square Park. This is the company’s third outpost after 85 Delancey Street in the Lower East Side and 33 Nassau Avenue in Greenpoint. Lance Leighton and Evan Margolin, both of Studley, represented the Yard, while Peter Waters represented Kenart in-house. [more]

  • bloom62

    From left: 62 Avenue B, Woody Heller and Will Silverman

    Ben Shaoul’s 81-unit luxury rental building Bloom62 is up for the sale – and expected to reel in $70 million. [more]

    1 Comment
  • J. Christopher Flowers and the GM Building at 767 Fifth Avenue

    J. Christopher Flowers and the GM Building at 767 Fifth Avenue

    J.C. Flowers & Co., the firm of billionaire private equity giant and avid real estate speculator J. Christopher Flowers, is taking 18,134 square feet at the GM Building, The Real Deal has learned. The deal is one of many recent subleases at the iconic 767 Fifth Avenue property. [more]

  • From left: 388 Greenwich Street, 3 World Trade Center and 4 Brookfield Place

    From left: 388 Greenwich Street, 3 World Trade Center and 4 Brookfield Place

    Office leasing in Manhattan hit new heights in the fourth quarter of 2014, buoyed by Citigroup’s 2.6 million-square-foot renewal and a flurry of activity Downtown. [more]

    1 Comment
  • brearley

    From left: 610 East 83rd Street, Jane Foley Fried, Nicholas Bienstock and M. Arthur Gensler Jr.

    The Brearley School, a private girl’s school, has hired commercial real estate brokerage Studley as it explores a possible expansion of its campus or consolidation of its three Upper East Side properties, according to a letter sent to parents and alumnae yesterday. [more]

  • studley

    Studley’s Mitchell Steir and Time Warner Center

    British real estate brokerage Savills is approaching final talks to buy Midtown brokerage Studley.

    Savills’ presence in Asia and Europe would help expand the reach of Studley, which does not operate outside of the U.S. Although Studley has offices in Boston, Washington, D.C., and Chicago, it is smaller in scope than its rivals Jones Lang LaSalle, Cushman & Wakefield and CBRE Group. Indeed, Studley works solely with tenants and would continue to do so after a potential merger, unnamed sources said. [more]

    1 Comment
  • From left: Greg Taubin, 510 Madison Avenue and Mort Zuckerman

    From left: Greg Taubin, 510 Madison Avenue (center) and Mort Zuckerman

    Hot on the heels of signing Canada’s pension fund and an investment firm, Boston Properties has sewed up two more full floors at its 510 Madison Avenue trophy tower, including the top floor — which commanded a starting rent of $130 per square foot, The Real Deal has learned from CompStak. [more]

  • culinary

    Chef Fehmi Samanci at the Institute of Culinary Education and Brookfield Place rendering

    To diversify its palate beyond a bevy of luxury retailers, Brookfield Office Properties has added the Institute of Culinary Education to Brookfield Place in Lower Manhattan. [more]

  • glasgow

    Glasgow Caledonian University’s Saltire Centre in Scotland (Inset: David Zar)

    Scotland-based Glasgow Caledonian University is opening its first U.S. outpost on Thursday – in Soho. [more]

    1 Comment
  • 2 Park Avenue and Jonas Bonnier

    2 Park Avenue and Jonas Bonnier

    There are subplots and there are subleases. At 2 Park Avenue, the two are coming together in a way. Swedish media company Bonnier Corp., which publishes Popular Science and Outdoor Life, is subleasing 27,000 square feet of its space in Morgan Stanley’s office building to book marketer Bookspan, The Real Deal has learned from CompStak. [more]

  • 630 Third Avenue

    630 Third Avenue

    The Government of Slovenia is moving its office a few blocks north, the New York Observer reported.

    The Permanent Mission of the Republic of Slovenia to the United Nations signed a 15-year lease to occupy the entire 20th floor at 630 Third Avenue. The new office will be approximately 5,829 square feet. The government outpost is scheduled to move from its current address at 600 Third Avenue to its new home on the corner of 41st Street in September. [more]

  • Brookfield Place

    Global law firm Jones Day is close to signing a long-term lease for 400,000 square feet at Brookfield Place, formerly known as the World Financial Center, sources told Crain’s.

    The Washington, D.C.-based firm would move from its Midtown office at 222 East 41st Street to a 34-story tower at 4 Brookfield Place, the website said. Real estate investment trust Brookfield Office Properties owns the 1.7 million-square-foot complex in the Financial District. [more]