Elad Group | The Real Deal New York

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Elad Group

575 Madison Avenue
New York, NY
212-213-8833
Website
Elad Group
Elad Group
Elad Group is a private real estate investment company controlled by Israeli billionaire Isaac Tshuv. In the U.S., it operates as El Ad US Holding and is run by president and chairwoman Orly Daniell and chief executive Udi Erez. Its New York projects include the 11-story condominium building at 21 Astor Place and the five-story O’Neill Building at 655 Sixth Avenue, a landmarked former department store being converted into condos, including five penthouses. In 2004, the firm, formerly known as Elad Properties, acquired control of the Plaza Hotel on Central Park South for $675 million. Elad invested between $300 million and $400 million on a gut renovation in order to convert the 805 hotel rooms into a mix of about 200 condos and 150 hotel rooms. Prices paid for some of the condos, while high, have since been eclipsed by the needle skyscraper towers, like One57, on Billionaire’s Row.
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  • Event Retail Leasing
  • Building Name Fifth Avenue and Central Park South
  • Address 1 West 58th Street
  • Neighborhood Central Park South
  • Borough Manhattan
  • Square feet 4,720
  • Publication Date 04/01/2012
  • Event Date 02/21/2012
  • Party 1 Elad Group
  • Party 1 Brokerage In-house
  • Party 2 Angelo Galasso
  • Party 2 Brokerage Crown Acquisitions
  • Party 2 Broker Ralph Chera, Jordan Barker
notes
The menswear designer signed a lease for retail space at the Plaza Hotel's Edwardian Room.
Manhattan, 10013
Elad Group, BROADWAY 371, LLC
...
Manhattan, 10036
Elad Group
...
Manhattan, 10013
Elad Group|Peebles Corporation
...
Manhattan, 10023
Elad US Holdings, RIVERSIDE CENTER SITE
1 West End Avenue, or Riverside Center Building 5, is a currently under...
NYC Condo Filings 2015 large ft
07/21/15
Gary Barnett’s plans for 250 South Street may have gone through several revisions, but one thing is for sure – the Two Bridges/Chinatown development is the...
Manhattan, 10013
Elad Group, BROADWAY 371, LLC
...
Manhattan, 10036
Elad Group
...
Manhattan, 10013
Elad Group|Peebles Corporation
...
Manhattan, 10023
Elad US Holdings, RIVERSIDE CENTER SITE
1 West End Avenue, or Riverside Center Building 5, is a currently under...
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