The Real Deal New York

Posts Tagged ‘taconic investment partners’

  • From left: Renderings of 860 and 837 Washington Street and a Warby Parker store

    From left: Renderings of 860 and 837 Washington Street and a Warby Parker store

    Once home to hundreds of slaughterhouses and packaging plants, the Meatpacking District is undergoing a dramatic makeover, one that involves the construction of a number of sleek office towers. In turn, those new structures are attracting a whole new breed of upscale retail tenants into the area. [more]

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  • 619 West 54th Street

    619 West 54th Street

    Taconic Investment Partners has listed its 300,000-square-foot office building at 619 West 54th Street for $160 million.

    Taconic purchased the 10-story property, located in an emerging residential neighborhood that is also home to Two Trees Management’s Mercedes House at 555 West 53rd Street, from KBS Realty Advisors for around $110 million in late 2012. [more]

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  • Streets in the Meatpacking District and Chelsea neighborhood

    Streets in the Meatpacking District and Chelsea neighborhood

    Taconic Investment Partners, which started local business organizations the Meatpacking District Improvement Association and the Chelsea Improvement Company, is leading a committee to push for a combined Business Improvement District linking the two nabes. [more]

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  • From left: Billy Macklowe and Taconic's Paul Pariser

    From left: Billy Macklowe and Taconic’s Paul Pariser

    Some of the city’s biggest real estate players are looking past Manhattan for development opportunities and are upping their investments in boroughs such as Queens, Brooklyn and the Bronx.

    Taconic Investment Partners, for example, has earmarked $70 million out of a $220 million investment fund for Brooklyn and Queens projects. Washington, D.C.-based Madison Marquette is looking to do $400 million worth of New York City deals outside Manhattan in 2014. And Scott Rechler’s RXR Realty plans to spend $1 billion on properties in the Bronx, Long Island City and Staten Island. [more]

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  • 401 West 14th Street and TIAA-CREF CEO Roger Ferguson (inset)

    401 West 14th Street and TIAA-CREF CEO Roger Ferguson (inset)

    Asset manager TIAA-CREF has bought Clarion Partners’ minority stake in the Apple store building at 401 West 14th Street. Taconic Investment Partners owns the majority stake in the 64,226-square-foot Meatpacking District building on the corner of Ninth Avenue. [more]

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  • sterling-mason-ph2

    Sterling Mason penthouse at 71 Laight Street

    The second of three penthouse condominiums at the Sterling Mason in Tribeca has hit the market asking $23 million, a spokesperson told The Real Deal exclusively. [more]

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  • House approves Tenement Museum expansion

    January 14, 2014 09:00AM
    From left: Taconic's Paul Pariser, the museum's expansion at 103 Orchard Street and L+M's Ron Moelis

    From left: Taconic’s Paul Pariser, the museum’s expansion at 103 Orchard Street and L+M’s Ron Moelis

    An $8 million expansion of the Lower East Side’s Tenement Museum — being funded in part by developers including Taconic Investment Partners and L+M Development Partners — has been approved by the House Committee on Natural Resources. [more]

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  • Rendering of 525 West 52nd Street

    Rendering of 525 West 52nd Street

    Three huge new affordable housing developments could be on their way to Hell’s Kitchen.

    The plan to bring 210 units of affordable housing to the area along West 52nd and West 53rd streets from 10th to 11th avenues won the resounding approval of Community Board 4 this week. The Clinton Housing Development Corporation, along with developers Taconic Investment Partners and Ritterman Capital, are the companies behind the overhaul. [more]

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  • From left: Taconic's Paul Pariser, the museum at 103 Orchard Street and L+M's Ron Moelis

    From left: Taconic’s Paul Pariser, the museum at 103 Orchard Street and L+M’s Ron Moelis

    Several big developers – including Taconic Investment Partners, L+M Development Partners and BFC Partners — are helping to fund an $8 million expansion of the Lower East Side’s Tenement Museum. The museum’s expansion into the upper floors at 103 Orchard Street will allow the museum to house additional exhibits chronicling American immigration in the post-World War II period. [more]

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  • 70-laight-massey-knaka;

    70 Laight Street and Nick Petkoff

    A 42-foot-wide mixed-use Tribeca building across the street from the Sterling Mason condominiums has hit the market for $24 million, the listing broker told The Real Deal exclusively.

    The 12,500-square-foot property at 70-72 Laight Street, between Washington and Greenwich streets, boasts 13.5-foot ceilings on the ground floor, an elevator and Romanesque Revival influences.  [more]

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  • 71-Laight-Streetfinal

    71 Laight Street

    Taconic Investment Partners has found a buyer for the first penthouse at the Sterling Mason in Tribeca, the developer told The Real Deal exclusively. [more]

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  • Paul Pariser, the Seward Park site and Ron Moelis

    Paul Pariser, the Seward Park site and Ron Moelis

    The city has tapped L&M Development Partners, BFC Partners, Taconic Investment Partners and Grand Street Settlement to develop the hotly contested Lower East Side parcel known as the Seward Park Urban Renewal Area. The developers will pay the city $180 million for the right to build, and construction is slated to kick off within 18 months. [more]

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  • dicaprio-sterling-mason

    Leonardo DiCaprio in “The Wolf of Wall Street” and the Sterling Mason rendering

    In his search for a new pad, Leonardo DiCaprio has shifted his sights to his old stomping grounds of Tribeca. [more]

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  • A rendering of the Sterling Mason development in Tribeca

    Besides 56 Leonard Street, slated to be the tallest building in Tribeca, there’s another notable development project in the neighborhood that’s getting a second lease on life, the New York Times reported. Known as the Sterling Mason, this 33-unit condominium in the Tribeca North Historic District is back from a 2007 stall with larger residential units planned this time around. [more]

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  • New York City’s Human Resources Administration has signed a 175,000-square-foot lease in the Hunt’s Point section of the Bronx, the Wall Street Journal reported. The HRA will move into a complex of four connected buildings that make up the Bank Note complex in Hunts Point, an industrial waterfront area in the eastern part of the Bronx. Taconic Investment Partners, which along with Denham Wolf Real Estate Services acquired the building in 2007, told the Journal the lease is for 20 years…. [more]

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  • From left: Paul Pariser of Taconic, a rendering of 837 Washington and Thor’s Joe Sitt

    Taconic Investment Partners and Thor Equities announced today the start of construction of a 55,000-square-foot office and retail property at 837 Washington Street. Occupancy is expected for the fall of 2013. [more]

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  • 619 West 54th Street (credit: Property Shark)

    The Far West Side  above 50th Street has been somewhat overlooked by investors, but Taconic Investment Partners is betting on its success with the $110 million acquisition of an office building at 619 West 54th Street, the New York Observer reported.  The 326,000-square-foot deal between Taconic and seller KBS Realty Advisors closed yesterday. It was handled by  a sales team at Jones Lang LaSalle, led by Richard Baxter, JLL vice chairman.

    “Go all the way up the West Side,” Paul Pariser, Taconic’s co-CEO with Charles Bendit. “Tribeca is fabulous, Hudson Square is great, the Meatpacking District and Chelsea are booming, then there is the High Line and Hudson Yards and north of that there has been tons of residential development.” [more]

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  • 837 Washington nabs zoning approval

    July 30, 2012 01:00PM

    From left: Paul Pariser of Taconic Investment Partners, Joe Sitt of Thor Equities and a rendering of 837 Washington Street

    The zoning approvals for the Meatpacking District development at 837 Washington Street have been signed off on by the city’s Department of Buildings, Curbed reported. The approval brings the 55,000-square-foot commercial building closer to rising up across from the Standard. [more]

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  • Mayor Bloomberg and the Eastchester Heights Apartments complex

    Mayor Michael Bloomberg announced today that more than $100 million in financing will be made available to property owners who perform clean heat conversions. Last year, the city banned the heaviest heating oils, which are still used in about 10,000 structures, and urged owners to switch to cleaner heating solutions by 2015. Bloomberg said the conversions would generate $300 million in construction activity. [more]

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  • Although Frank Gehry’s IAC and the Albanese Organization got a head start with their respective projects, IAC and 510 West 22nd Street, in terms of office development next to the High Line, other developers are eyeing the area as a prime spot for office buildings, due to the cachet the elevated park lends, the New York Times reported.

    The Albanese Organization is looking for a 75,000-square-foot anchor tenant, with rents around $80 a square foot, for 510 West 22nd Street, which is a $140 million project. The site was previously being developed by the rapper Jay-Z. [more]

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