Blackstone Group | The Real Deal New York

The Real Deal New York

trd topics
X


NAME


EMAIL


SUGGESTED
UPDATE


captcha

Please type the words that appear above
Than click SUBMIT
Blackstone Group

345 Park Avenue Lb4
New York, NY 10154
(212) 583-5000
Website
info@blackstone.com
Blackstone-Group
Blackstone Group

The Blackstone Group is a private equity firm. Jonathan Gray leads the firm's real estate division, which was established in 1991. With approximately $81 billion in assets under management, the division is known for the size of the transactions is it capable of executing and the speed with which it is capable of executing them. In April 2015, the firm partnered with Wells Fargo to purchase most of the assets of GE Capital Real Estate in a transaction valued at approximately $23 billion, and in 2007, Blackstone bought Sam Zell's Equity Office Properties for $39 billion. Its real estate portfolio includes hotel, office, retail, industrial and residential properties in the US, Europe, Asia and Latin America. It owns the Hilton chain of hotels, Invitation Homes (one of the largest owners of single-family houses in the United States), shopping malls in China and office buildings in cities across the world.


feature VTS
11/29/16
...controversy around the merger.” VTS’ other notable investors are the Blackstone Group, Insight Venture Partners and Trinity Ventures. Hightower’s backers include...

jared kushner and jon gray
11/28/16
Kushner breaks the silence: “This guy got Trump elected,” screams the headline for Forbes’ new cover story on Jared Kushner, the first real interview the...

Trump one-hundred-100-dollar-bill thumb
11/23/16
At his campaign rallies, Donald Trump presented himself as an anti-establishment populist looking to rein in Wall Street’s gross excesses. But when he stepped in...

Donald-Trump-K-Street-FB
11/21/16
When Donald Trump heads to Washington, D.C. next year, he’ll have the power to influence – both at the White House and the agencies he...

Jonathan-Gray-Donald-Trump-FB
11/21/16
...Donald Trump and the Treasury Building in Washington, D.C. Blackstone Group head of global real estate Jonathan Gray is in talks...

Alan-Wiener-feature
11/17/16
...upward of $16 billion in debt, including the $2.7 billion mortgage to Blackstone Group and Ivanhoe Cambridge for their purchase of Stuyvesant Town–Peter...

kushner christie
11/15/16
New Jersey Gov. Chris Christie has had quite the week. First he was removed as the head of President-elect Donald Trump’s White House transition team....

kips bay andrew macarthur
11/14/16
...Stuyvesant Town-Peter Cooper Village last year, has been hired by Blackstone Group as a consultant on the management of another large multifamily...

245 park
11/09/16
As it considers the sale of its massive Putnam portfolio, Brookfield Property Partners has officially put another billion-dollar asset on the market: the 45-story office...

Jonathan-Gray-The-Square-Feature
11/08/16
...Europe’s largest property deal this year, private equity giant Blackstone Group has agreed to pay $3.6 billion for OfficeFirst, the real estate...

Roth
11/01/16
“Don’t be jerky,” Steven Roth told Gary Barnett. “It’s not even close.” Sitting among other industry titans at Bloomberg LP’s headquarters last spring, Roth was...

Simon Wasserberger ELI KHOURI
10/28/16
...Simon Wasserberger and Equity's Eli Khouri Blackstone Group hired L&L Holding’s Simon Wasserberger as a...

Stephen Schwarzman Michael Chae
10/27/16
...Thanks in part to some major real estate sales, the Blackstone Group had a profitable third quarter. But arguably the most interesting...

HH_exteriornighttime01_1270x560_FitToBoxSmallDimension_LowerCenter
10/24/16
...buy a roughly 25 percent stake in Hilton Worldwide Holdings from Blackstone Group, the company announced Monday. (more&hellip...

Stuy-Town-Pricing-Flex-Front copy
10/19/16
With rents in Brooklyn and Manhattan remaining relatively flat, landlords are returning to a tried-and-true method to generate more money from their apartment units. Temporary...

feature
10/18/16
UPDATED, Wednesday, Oct. 19 at 2:14 p.m. China Life Insurance purchased a $2 billion stake in Starwood Capital Group’s U.S. hotels. After the sale, the...

NpSuasga
10/14/16
UPDATED: Oct. 14, 1:02pm WeWork is preparing to launch an investment vehicle to buy its own real estate properties, in a major strategic shift for...

Eastdil ii
10/07/16
On Thursday afternoon, Eastdil Secured CEO Roy March received the industry’s equivalent of the 3 a.m. phone call. On the line were his star brokers...

board-of-directors-portrait-brett-white-322x490.jpg.edimg.360
10/06/16
Eastdil Secured’s Doug Harmon and Adam Spies, who head the top investment sales team in New York City, are jumping ship to Cushman & Wakefield,...

NEW YORK - JUNE 21: Donald R. Mullen, Jr. speaks at the 11th Annual Friends of the High Line Party and Summer Dinner at the High Line on June 21, 2010 in New York City.  (Photo by Andrew H. Walker/Getty Images)
10/05/16
...fourth-largest pool of single-family homes in the country, after the Blackstone Group, American Homes 4 Rent and Colony Starwood Homes.  (more&hellip...

Illustration by Lexi Pilgrim for The Real Deal
10/05/16
...just three months to repay a $235 million land loan from Blackstone Group, which it secured in 2013. To repay the loan, Barnett is...

8567828196_810cd563d5_b
10/04/16
Of the country’s wealthiest billionaires, the biggest New York real estate players barely crack the top 50. Tags: Donald Trump, jerry speyer, Richard LeFrak, sam...

de-blasio-head-e1454426404485 copy
09/30/16
...Jonathan Gray, the head of global real estate at The Blackstone Group, the world’s largest private equity firm. The two men...

featured-Construction-lending-illustration
09/28/16
As senior lenders continue to shrink their share of the capital stack, they are getting chummier with mezzanine lenders. ...

augisalesfeature
09/28/16
Last month’s 10 most expensive investment sales in New York City included two big moves for Chinese investors and four major outer-borough deals. Nothing, however,...
To see all, go to Advanced Search
Blackstone Group, Senior Managing Director
345 Park Avenue, New York, NY, (212) 583-5000
Kathleen McCarthy is a New York City-based real estate asset management executive specializing...
Blackstone Group, Chairman and CEO
345 Park Avenue, New York City, NY, 212 583 5000
Stephen Schwarzman is chairman and CEO of the Blackstone Group, the worlds largest...
Blackstone Group, CFO, Blackstone Real Estate Group
345 Park Avenue, New York City, NY, 212 583 5000
Paul Quinlan is chief financial officer of the Blackstone Real Estate Group and...
Blackstone Group, Principal, Blackstone Real Estate Debt Strategies Group
345 Park Avenue, New York City, NY, 212 583 5000
Peter Smith is a principal of Blackstone Real Estate Debt Strategies Group, part...
Blackstone Group, Associate
345 Park Avenue, New York City, NY, 212 583 5000
Garrett Brooks is an associate at the Blackstone Group, the worlds largest alternative...
Blackstone Group, Principal, Blackstone Real Estate Partners
345 Park Avenue, New York City, NY, 212 583 5000
Franco Famularo is a principal Blackstone Real Estate Partners, part of the worlds...
Blackstone Group, Global Head of Real Estate
345 Park Avenue, New York City, NY, 212 583 5000
Jonathan Gray is global head of real estate at the Blackstone Group and...
  • Event Financing
  • Address 44 Wall Street
  • Neighborhood Wall Street
  • Borough Manhattan
  • Square feet 289,049
  • Price $ 98,700,000
  • Publication Date 11/01/2016
  • Event Date 09/15/2016
  • Party 1 Blackstone Group
  • Party 2 Deutsche Bank
notes
The company secured a $98.7 million loan.
  • Event Financing
  • Address 275 Madison Avenue
  • Neighborhood Midtown East
  • Borough Manhattan
  • Square feet 336,000
  • Price $ 240,000,000
  • Publication Date 10/01/2016
  • Event Date 08/15/2016
  • Party 1 RPW Group
  • Party 1 Brokerage JLL
  • Party 1 Broker Kellogg Gaines, Aaron Appel
  • Party 2 Blackstone Group, SL Green Realty
notes
The company secured a $240 million floating-rate senior mortgage.
  • Event Financing
  • Address 25 Columbia Heights
  • Neighborhood Downtown Brooklyn
  • Borough Brooklyn
  • Square feet 739,000
  • Price $ 376,000,000
  • Publication Date 09/01/2016
  • Event Date 07/15/2016
  • Party 1 Kushner Companies, CIM Group, LIVWRK
  • Party 2 Blackstone Group, SL Green Realty
notes
The partnership secured $376 million in acquisition, building and project loans.
  • Event Sales
  • Address 44 Wall Street
  • Neighborhood Wall Street
  • Borough Manhattan
  • Square feet 289,049
  • Price $ 111,300,000
  • Price per foot $ 385.00
  • Publication Date 08/01/2016
  • Event Date 06/17/2016
  • Party 1 Obligo
  • Party 2 Blackstone Group
notes
The office building sold for $111.3 million.
  • Event Office Leasing
  • Address 1065 Sixth Avenue
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 9,131
notes
The insurance company signed a lease.
  • Event Sales
  • Address Stuyvesant Town-Peter Cooper Village
  • Neighborhood Stuyvesant Town
  • Borough Manhattan
  • Price $ 5,300,000,000
notes
The 11,200-unit famous housing complex sold for $5.3 billion.
  • Event Sales
  • Address 151 West 54th Street
  • Neighborhood Midtown West
  • Borough Manhattan
  • Price $ 382,000,000
notes
The 54-story, 563-key London NYC hotel sold for
  • Event financing
  • Address 233 Broadway
  • Neighborhood Tribeca
  • Borough Manhattan
  • Price $ 320,000,000
notes
[EMPTY]
  • Event Sales
  • Address 1095 Sixth Avenue
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 1,200,000
  • Price $ 2,200,000,000
  • Price per foot $ 1,833.33
notes
The office building sold for $2.2 billion.
  • Event Office Leasing
  • Address 229 West 43rd Street
  • Neighborhood Hell's Kitchen
  • Borough Manhattan
  • Square feet 27,000
notes
The photo sharing app signed a lease to occupy the 15th and 16th floors. The reported asking price was $85 per square foot.
  • Event Sales
  • Address 1740 Broadway
  • Neighborhood Midtown
  • Borough Manhattan
  • Price $ 605,000,000
notes
[EMPTY]
  • Event Office Leasing
  • Address 1140 Sixth Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 12,750
notes
The commercial mortgage REIT signed a lease for the entire fifth floor.
  • Event Office Leasing
  • Address 1140 Sixth Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 5,284
notes
The hedge fund signed a lease for part of the 16th floor.
  • Event Office Leasing
  • Address 1140 Sixth Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 8,500
notes
The hedge fund signed a lease for the entire 20th floor. The tenant is relocating from elsewhere in the Bryant Park area.
  • Event Office Leasing
  • Address 1140 Sixth Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 12,750
notes
The urgent care provider signed a lease for the entire 11th floor, which will house its New York headquarters.
  • Event Office Leasing
  • Address 1140 Sixth Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 5,284
notes
The hotel company signed a lease for part of the 15th floor.
  • Event Office Leasing
  • Address 229 West 43rd Street
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 20,432
notes
The tech company signed an expansion lease on the fifth floor. The tenant now occupies about 50,000 square feet at the building.
  • Event Retail Leasing
  • Address 120 West 42nd Street
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 30,000
  • Publication Date 06/01/2013
  • Event Date 04/22/2013
  • Party 1 Blackstone Group
  • Party 2 Equinox
notes
The fitness chain signed a lease to be the first anchor tenant at the retail project, Crain's reported.
  • Event Office Leasing
  • Address 229 West 43rd Street
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 29,391
notes
The technology firm signed a lease.
  • Event Office Leasing
  • Address 1065 Sixth Avenue
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 23,000
notes
The advertising agency signed a 15-year lease.
  • Event Sales
  • Address 1140 Sixth Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 236,000
  • Price $ 98,250,000
  • Price per foot $ 416.31
notes
The loan secured by the property's leasehold interest sold for $98.25 million.
  • Event Sales
  • Address 229 West 43rd Street
  • Neighborhood Times Square
  • Borough Manhattan
  • Price $ 160,000,000
notes
The office-condo portion of the building sold for $160 million. The office space includes floors five through 16 and a portion of the fourth floor.
  • Event Office Leasing
  • Address 1065 Sixth Avenue
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 36,344
notes
The retail company signed a new office lease.
  • Event Office Leasing
  • Building Name World Apparel Center
  • Address 1411 Broadway
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 35,160
  • Price per foot $ 48.00
notes
The financial services firm inked a 12-year lease for the entire 28th floor and a portion of the 29th floor. The company is relocating from four floors at 600 Fifth Avenue.
  • Event Office Leasing
  • Building Name World Apparel Center
  • Address 1411 Broadway
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 380,000
notes
The fashion company signed a 15-year lease renewal and expansion on the third through fifth floors, the 15th through 22nd floors and the 32nd and 37th floors.
To see all, go to Advanced Search
Manhattan, 10028
BRE FSC MULTIFAMILY B
...
Manhattan, 10011
BRE FSC MULTIFAMILY B
...
Manhattan, 10028
BRE FSC MULTIFAMILY B
...
Manhattan, 10028
BRE FSC MULTIFAMILY B
...
Manhattan, 10028
BRE FSC MULTIFAMILY B
...
Manhattan, 10010
BPP PCV OWNER LLC
...
Manhattan, 10001
BRE FSC MULTIFAMILY B
...
Manhattan, 10065
BRE FSC MULTIFAMILY B
...
Manhattan, 10021
BRE FSC MULTIFAMILY B
...
Manhattan, 10001
BRE FSC MULTIFAMILY B
...
Manhattan, 10075
BRE FSC MULTIFAMILY B
...
Manhattan, 10021
BRE FSC MULTIFAMILY B
...
Manhattan, 10009
BPP ST OWNER LLC
...
Manhattan, 10028
BRE FSC MULTIFAMILY B
...
Manhattan, 10028
BRE FSC MULTIFAMILY B
...
Manhattan, 10028
BRE FSC MULTIFAMILY B
...
Manhattan, 10075
BRE FSC MULTIFAMILY B
...
Manhattan, 10016
...
Manhattan, 10001
BRE FSC MULTIFAMILY B
...
Manhattan, 10016
BRE FSC MULTIFAMILY B
...
Manhattan, 10028
BRE FSC MULTIFAMILY B
...
Manhattan, 10065
BRE FSC MULTIFAMILY B
...
Manhattan, 10016
BRE FSC MULTIFAMILY B
...
Manhattan, 10011
BRE FSC MULTIFAMILY B
...
Manhattan, 10022
ASIAN REALTY PARTNERS
...
Manhattan, 10022
BRE PARK AVENUE TOWER
...
Manhattan, 10022
SRI NINE 850 LLC
...
Manhattan, 10019
BLACK PUMICE D 2015 L
The 575,241-square-foot, 54-story building at 151 West 54th Street is home to the...
Manhattan, 10009
BPP ST OWNER LLC
Stuyvesant Town and Peter Cooper Village, nicknamed Stuy Town, is a residential development...
Manhattan, 10022
717 Fifth Avenue, also knowns as the Corning Glass Works Building and the...
Manhattan, 10036
BPGL HOLDINGS LLC
The 20-story, 179,513-square-foot office and retail tower at 1140 Sixth Avenue in Midtown...

augisalesfeature
09/28/16
Last month’s 10 most expensive investment sales in New York City included two big moves for Chinese investors and four major outer-borough deals. Nothing, however,...

rentopoly-feature
With all of the trades, windfalls, setbacks and wildcards, New York City’s rental market  can often resemble a big round of Monopoly. But in the...

fifth-avenue
Fifth Avenue is not usually a New York City laggard, but it’s been a decade since a major development has gone up on the tony...

Ralph Herzka Roy March thumb
Two firms dominated the high-value commercial mortgage brokerage business in New York City last year: Eastdil Secured and Meridian Capital Group, an ...

Retail-feature
From browsing luxury designer stores and boutique clothiers to negotiating sprawling supermarkets and big-box retailers, American consumers engage in a wide variety of shopping activities....

nyc-billionaires-map-feature
Here’s a fun fact: New York City has more billionaires than any other city on the planet. Last month, Forbes reported that 79 billionaires call...

manhattan-investment-sales
New York City had a stellar year in 2015 for building sales — with massive properties like Stuyvesant Town-Peter Cooper Village and 11 Madison trading...

10 Hudson Yards Bank of America GM Building thumb
01/19/16
UPDATED: 3:25 p.m., Jan 20. 2016: Related Companies and Oxford Properties saw 10 Hudson Yards’ “market value” – assessed for tax purposes – grow by...

tech-feature
Anyone who has banked online, shopped on Amazon or shared digital photos recently can understand why real estate firms are clamoring for new technology. It’s...

The-Real-Deal-2015
12/31/15
New York City has, for quite some time, been the world’s most dynamic and high-stakes real estate market. But 2015 pushed all the elements that...

Spec_builders.jpg
12/27/15
The Federal Reserve has finally lifted interest rates from 0% and after nine years without a rate hike. The potential ramifications of the policy move...

manhattan-retail-nabes
12/11/15
From the December issue: Manhattan investment sales began 2015 with several monster transactions, led by Ivanhoe Cambridge’s January purchase of 1095 Sixth Avenue for $2.2...

Stuy-Town-Pricing-Flex-Front
11/05/15
The revenue for Stuyvesant Town and Peter Cooper Village has risen steadily over the past few years, and one path to growth has been the...

486-brooklyn-avenue
The market for big packages of multifamily buildings may have less sex appeal than the fancy condos adorning Billionaire’s Row, but the sector is going...

3-Bryant-Park
Just about everyone in the New York City real estate industry knows — or at least think they know — about the city’s priciest deals....

Private-Equity-2
With competition for New York City real estate fiercer than ever, real estate-focused private equity funds are coming up with new strategies to pump up...

Screen Shot 2015-02-02 at 7.59.43 PM
One of New York City’s longest-standing rivalries, between Eastdil Secured and CBRE for the lead in investment sales, now appears to be on ice. A...

admin-ajax
Low interest rates, brisk sales, a more active commercial mortgage-backed securities market and white-hot land prices helped drive a surging investment sales market in 2014...

114 Jump se FINAL.indd
Local lenders New York Community Bank and Signature Bank finished near the head of the pack in the New York City commercial mortgage market last...

Hotels
Roosevelt Hotel Hotel owners may award 2012 five stars. That’s because in the last year, Manhattan’s hospitality market has posted huge gains as tourists continued...

Luxe_Gets_Pinch.jpg
Financial news has been bleak as of late, with the credit crisis and the collapse of Bear Stearns rocking the real estate world. Yet while...

49210_National_Market.jpg
Atlanta Equity Depot, a firm that tracks foreclosures in Atlanta, concluded that the number of foreclosure notices issued in metro Atlanta from January to February...

Finally, it's time to set up a hall of fame for Manhattan real estate dealmakers. Just one catch: with prices the way they are now,...
MENU