The Real Deal New York

Posts Tagged ‘taconic investment partners’

  • Taconic

    Taconic’s Paul Pariser and MeadowWood at Gateway in East New York

    Joel Wiener’s Pinnacle Group picked up 318 rental units in a 19-building East New York residential complex for $53 million from a partnership between Taconic Investment Partners and Ares Management.

    The units are located in MeadowWood at Gateway, a former Mitchell-Lama development, and are currently rent-stabilized, the Wall Street Journal reported. However, Pinnacle Group is known for converting rent-stabilized units to market-rate. [more]

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  • 525 West 52nd Street

    Charles Bendit and rendering of 525 West 52nd Street in Hell’s Kitchen

    Taconic Investment Partners secured a $200 million loan from Wells Fargo Bank and the New York State Housing Finance Agency to finance its residential development at 525 West 52nd Street in Hell’s Kitchen, according to records filed with the city Wednesday. [more]

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  • 837 Washington Street

    837 Washington Street

    Thor Equities and Taconic Investment Partners are selling Samsung’s offices in the Meatpacking District, located at 837 Washington Street, for a reported record price in the neighborhood. [more]

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  • Annabelle Selldorf and Aby Rosen, unfiltered

    Annabelle Selldorf and Aby Rosen, unfiltered

    Put some of real estate’s biggest names together on stage, and there are no shortage of zingers. That was the case today, when developers Aby Rosen of RFR Holdings and Taconic Investment Partners’ Paul Pariser, along with architect Annabelle Selldorf, spoke to a crowd who gathered to hear a panel on the future of real estate at Lincoln Center’s Samuel B. and David Rose building. [more]

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  • Renderings for four new buildings at Essex Crossing on the Lower East Side

    Renderings for the Essex Crossing project on the Lower East Side

    The developers of Essex Crossing — a 1.9 million-square-foot mixed-use project proposed for a long-vacant lot on the Lower East Side – have unveiled new plans for four buildings and are planning to start demolishing existing structures on the site, formerly known as the Seward Park Urban Renewal Area, by early next month. [more]

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  • essex

    Renderings of 115 Delancey Street and Essex Crossing on the Lower East Side

    Regal Cinemas inked a 15-year lease to anchor the 65,000-square-foot base of a rental property in the Essex Crossing development planned for the Lower East Side. [more]

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  • urban-market

    From left: Rendering of 525 West 52nd Street in Hell’s Kitchen (credit: Handel Architects), Urban Market at 11 Broadway in Brooklyn and Rob Morea

    Upscale grocery store Urban Market is close to inking a lease to anchor a pair of Hell’s Kitchen rental buildings at a development project led by Taconic Investment Partners, The Real Deal has learned. [more]

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  • 837

    837 Washington Street in the Meatpacking District and Taconic’s Paul Pariser

    Thor Equities and Taconic Investment Partners are putting a six-story Meatpacking District office property that is entirely leased to Samsung Electronics North America on the market. [more]

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  • 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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