The Real Deal New York

Posts Tagged ‘taconic investment partners’

  • taconic

    Charlie Bendit and 890 Garrison Avenue in the Bronx (Building photo credit: The Square Foot)

    Midtown-based financial services firm Perella Weinberg Partners and Washington, D.C.-based real estate investment firm Madison Marquette jointly acquired the landmarked BankNote Building for $114 million.

    The seller, Taconic Investment Partners, paid a mere $32.5 million for the 400,000-square-foot former currency-printing site at 890 Garrison Avenue in the South Bronx back in 2007. In recent years, the city’s Human Resources Administration signed for 200,000 square feet and two schools signed for a total of 60,000 square feet. [more]

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  • essex-crossing-9

    Rendering of Essex Crossing

    Taconic Investment Partners and L+M Partners filed plans today for a 15-story mixed-use building that will be part of the 1.9 million-square-foot, mixed-use Essex Crossing project.

    The 300,000-square-foot property at 141-145 Clinton Street would hold 211 apartments and a 43,000-square-foot commercial space. The project’s first phase will include 556 apartments – 311 of which are affordable. About 100 affordable-housing units will go to senior citizens. [more]

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  • Living room area in Penthouse B, now in contract for $23 million

    Living room area in Penthouse B, now in contract for $23 million

    Taconic Investment Partners unloaded the second of three penthouse units at their Sterling Mason condo development in Tribeca for the full asking price of $23 million, The Real Deal has learned. The developer is also bringing the property’s third and final Penthouse C to market with an asking price of $20 million later this week. … [more]

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  • 837 Washington Street

    837 Washington Street

    Samsung Electronics is close to leasing the entire building at 837 Washington Street in the Meatpacking District. [more]

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  • 525-West-52nd-Rendering

    525 West 52nd Street rendering

    Taconic Investment Partners, Ritterman Capital and the Clinton Housing Development Company have jointly filed plans for a 466,200-square-foot residential site in Hell’s Kitchen. [more]

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  • 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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