Hidrock Realty | The Real Deal New York

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Hidrock Realty

65 West 36th Street, Suite 1200
New York, NY 10018
(212) 563-9200
Website
info@hidrock.com
Hidrock Realty
Pavilion Theater Abraham Hidary thumb
10/23/15
The Landmarks Preservation Commission approved new plans for Hidrock Realty’s condo conversion at the Pavilion Theater in Park Slope. Architect Morris Adjmi’s new plans will...
Pavilion Theater ft
10/19/15
Hidrock Realty is scaling back plans for its condo conversion of Park Slope’s historic Pavilion Theater after receiving negative community feedback, with the developer now...
ChaimMiller
10/13/15
TRD Profile:In July, Chaim Miller and his sidekick Sam Sprei attended a bankruptcy hearing in Lower Manhattan. At issue was 45 John Street, a condominium...
Hidrock_Pavilion ft
08/19/15
The Landmarks Preservation Commission sent Hidrock Realty’s proposed condo conversion of the Pavilion Theater in Park Slope back to the drawing board Tuesday, citing issues...
pavilion theater - 3
07/24/15
At a Community Board 6 landmarks and land use committee meeting last night, Park Slope and Windsor Terrace residents tore apart proposed designs for a...
Mitchell
06/30/15
David Mitchell’s Mitchell Holdings picked up the Herald Square Hotel from the Puchall family for roughly $38.5 million, sources told The Real Deal. The eight-story, 38,000-square-foot...
top-permits-thumb
05/14/15
Clockwise from left: A permit of 810 Colgate Avenue in the Bronx (Credit: Gerald Caliendo) , 456 Greenwich Avenue in the West Village (Credit:...
pavilion-thumb
04/23/15
Hidrock Realty’s decision to move ahead with turning the famed Pavilion Theater in Park Slope into a residential building, despite assurances that it would not...
Pavilion
04/22/15
UPDATED 7:45 p.m., April 22: The Pavilion Theater in Park Slope is going residential. Tags: hidrock realty, Park Slope ...
Courtyard Marriott
04/02/15
Hidrock Realty has sold its controlling interest in a 16-story Courtyard by Marriott hotel in Herald Square in a deal that values the property at...
146 10th avenueFB
03/09/15
Hidrock Realty has paid $35.5 million for a trio of West Chelsea walk-ups that have been around since the neighborhood was teeming with “tall ships...
20140916_sofitel_feature
09/17/14
The Sofitel hotel in Midtown is being sold to an Asian real estate investor for $272 million. A partnership composed of Accor Group, Goldman Sachs...
hidrock-1
07/30/14
Hong Kong-based Keck Seng Investments, which largely owns hotels and office buildings, broke into the New York City market with its first acquisition there: a...
20140717_240_West_35th_feature
07/17/14
Westchester landlord Robert Weisz’s first purchase in Manhattan is a big one. The CEO of real estate investment firm RPW Group has agreed to pay more...
hidary
07/14/14
Hidrock Realty acquired three Midtown East sites for $47 million. The firm plans to raze the buildings currently on the properties and construct a condominium building....
446-west-167th-street-nighttime
03/28/14
Rendering of 446 West 167th Street Hidrock Realty files plans for 42-story hotel at 60 West 37th Street. Would-be owner of Atlantic Hawks buys $11...
Tracy Mansion at 105 Eighth Avenue in Park Slope
11/07/13
Tracy Mansion at 105 Eighth Avenue in Park Slope WTC PATH hub’s underground passageway cost $225 million. Checking in on the $15M Tracy Mansion in...
JackHidaryFbox
10/29/13
Brooklyn native Jack D. Hidary is a respected technology entrepreneur, angel investor, board member of nonprofits such as the Clinton Global Initiative, and a cousin...
hidary
10/22/13
Hidrock Realty reeled in more than quadruple what it paid for a 12-story office building in the Garment District. The landlord, owned by the Hidary...
Left, Maureen Kelly, 1375 Broadway
10/05/13
Tarte Cosmetics is moving its headquarters into 1375 Broadway. The cosmetics company founded by Maureen Kelly is leaving its current office at 224 West 35th...
Weiner-treasure-chest
07/16/13
Mayoral hopeful Anthony Weiner won the most financial support from contributors with real estate ties than any of his opponents — and even all the...
herald-square
07/12/13
It’s the “Invasion of the Hotels” playing right now in Manhattan’s Herald Square. Hotels have been quietly popping up in the popular tourist spot, while...
plaza-hotel-nyc
05/14/13
The Plaza Hotel For $1.3 million, live in the “Loire Valley of Brooklyn” in this Crown Heights castle. Napster co-founder lives at the Plaza hotel...
59 West 36th Street
01/08/13
59 West 36th Street Hidrock Realty, which has been asserting itself of late in the Manhattan hotel market, has paid $28.5 million for a...
Mickey Conlon
08/27/12
Who are New York City’s most accomplished women real estate executives? GlobeSt names a dozen women whom the publication says fits the bill. Their list...
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Hidrock Realty, CEO
65 West 36th Street, New York, NY, 212.563.9200
Abraham Hidary heads the privately held real estate investment and development firm that...
  • Event Retail leasing
  • Address 35 West 36th Street
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 3,195
  • Publication Date 06/01/2015
  • Event Date 04/22/2015
  • Party 1 Hidrock Realty
  • Party 1 Brokerage Hidrock Realty
  • Party 1 Broker Robert Kaplan
  • Party 2 PYA Importer
  • Party 2 Brokerage Handler Real Estate Organization
  • Party 2 Broker Darrell Handler, Peter Newman
notes
The apparel and furnishings retailer signed a 10-year lease.
  • Event Sales
  • Address 960 Sixth Avenue
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 102,000
  • Price $ 10,000,000
  • Publication Date 04/02/2015
  • Event Date 02/21/2015
  • Party 1 Hidrock Realty
notes
The mixed-use building sold for $10 million.
  • Event Sales
  • Address 146-150 10th Avenue
  • Neighborhood Chelsea
  • Borough Manhattan
  • Square feet 25,875
  • Price $ 35,500,000
  • Publication Date 04/01/2015
  • Event Date 02/20/2015
  • Party 1 Lyclear Realty Corporation
  • Party 1 Brokerage HPNY
  • Party 2 Hidrock Realty
  • Party 2 Brokerage HPNY
notes
The three mixed-use buildings sold for $35.5 million.
  • Event Financing
  • Address 35 West 36th Street
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 79,200
  • Price $ 16,100,000
  • Publication Date 09/01/2012
  • Event Date 07/23/2012
  • Party 1 Hidrock Realty
  • Party 2 Assurant
notes
A $16.1 million loan was provided to refinance the building. The mortgage was provided at a 3.89 percent interest rate. 12-story office building.
  • Event Financing
  • Address 53 West 36th Street
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 78,426
  • Price $ 22,500,000
  • Publication Date 05/01/2012
  • Event Date 03/22/2012
  • Party 1 Hidrock Realty
  • Party 2 Allstate Investments
notes
A $22.5 million loan was provided to refinance the property. The five-year mortgage was secured with a 30-year amortization at an interest rate of 3.98 percent. 12-story office building.
  • Event Financing
  • Address 25 West 37th Street
  • Neighborhood Garment District
  • Borough Manhattan
  • Publication Date 01/01/2012
  • Event Date 11/22/2011
  • Party 1 Hidrock Realty, Robert Finvarb Partners
  • Party 2 Bank of Nova Scotia
notes
A $30 million construction loan was provided to develop a hotel. The Springhill Suite hotel will have 173 rooms and is slated for completion in October 2013. Development site
  • Event Financing
  • Address 960 Sixth Avenue
  • Neighborhood Garment District
  • Borough Manhattan
notes
A $36 million construction loan was provided to convert the building into a hotel. The planned Courtyard Marriott will include 167 rooms, a rooftop bar and retail, and should be completed by October 2012. Hotel building.
  • Event Financing
  • Address 65 West 36th Street
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 60,000
  • Publication Date 06/01/2007
  • Event Date 04/22/2007
  • Party 1 Hidrock Realty
  • Party 2 Wachovia
notes
Hidrock refinanced the building with a $14.75 million loan over a term of seven years. 12-story office building.
  • Event Sales
  • Building Name 59-61 West 36th Street
  • Address 59 West 36th Street
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 17,380
  • Price $ 28,500,000
  • Publication Date 02/01/2013
  • Event Date 12/23/2012
  • Party 2 Hidrock Realty
notes
The garage sold for $28.5 million, the New York Observer reported. The site allows for 86,900 square feet of usable space.
  • Event Sales
  • Address 53 West 36th Street
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 72,000
  • Price $ 29,580,000
  • Publication Date 08/01/2007
  • Event Date 06/22/2007
  • Party 1 Madison Warehouse Corporation
  • Party 2 Hidrock Realty, Assurant Inc.
notes
The commercial building sold for $29.58 million.
  • Event Sales
  • Address 35 West 36th Street
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 78,000
  • Price $ 28,000,000
  • Publication Date 02/01/2008
  • Event Date 12/23/2007
  • Party 1 Douglaston Equities
  • Party 2 Hidrock Realty, Assurant Inc.
notes
The commercial property sold to the joint venture for $28 million. The buyers plan to upgrade and renovate the building.
  • Event Sales
  • Address 240 West 35th Street
  • Neighborhood Penn Plaza
  • Borough Manhattan
  • Square feet 162,000
  • Price $ 58,000,000
  • Price per foot $ 358.00
  • Publication Date 08/01/2008
  • Event Date 06/22/2008
  • Party 2 Hidrock Realty
notes
The property sold for $58 million, or $358 per square foot. Asking rents at the building, which has 40 commercial tenants, are expected to be in the $40- to $45-per-square-foot range.
  • Event Sales
  • Address 960 Sixth Avenue
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 105,000
  • Price $ 40,000,000
  • Publication Date 12/01/2009
  • Event Date 10/22/2009
  • Party 1 Societe Generale
  • Party 1 Brokerage Okada & Company
  • Party 1 Broker Christopher Okada
  • Party 2 Hidrock Realty
notes
The $95 million nonperforming mortgage note sold for $40 million. Signature Bank provided a $7 million mortgage for the purchase.
  • Event Sales
  • Building Name 133-135 Greenwich Street
  • Address 133 Greenwich Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 6,109
  • Price $ 27,900,000
  • Price per foot $ 182.00
notes
The property sold for $27.9 million, or $182 per square foot.
  • Event Sales
  • Building Name 133-135 Greenwich Street
  • Address 133 Greenwich Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 6,160
  • Price $ 27,900,000
  • Price per foot $ 182.00
notes
The vacant lot sold for $27.9 million, or $182 per square foot. The partners plan to spend an additional $70 million to develop a 28-floor, 300-room hotel on the site, which is slated to open in early 2015.
  • Event Sales
  • Address 29 East 61st Street
  • Neighborhood Lenox Hill
  • Borough Manhattan
  • Price $ 21,000,000
  • Price per foot $ 1,250.00
notes
The restaurant building sold for $21 million, or $1,250 per square foot.
  • Event Sales
  • Address 512 Broome Street
  • Neighborhood Soho
  • Borough Manhattan
  • Price $ 2,800,000
notes
The property sold for $2.8 million as part of a 1031 Exchange.
  • Event Retail Leasing
  • Address 512 Broome Street
  • Neighborhood Soho
  • Borough Manhattan
  • Square feet 2,100
  • Publication Date 12/01/2013
  • Event Date 10/22/2013
  • Party 1 Brokerage Hidrock Realty
  • Party 1 Broker Steven Hidary
  • Party 2 Artopolis
  • Party 2 Brokerage Pan Brothers Associates
  • Party 2 Broker Yancy Foster
notes
The Greek bakery signed a 10-year lease.
  • Event Retail Leasing
  • Address 29 East 61st Street
  • Neighborhood Lenox Hill
  • Borough Manhattan
  • Square feet 1,000
  • Publication Date 09/01/2007
  • Event Date 07/23/2007
  • Party 1 Hidrock Realty
  • Party 1 Brokerage Hidrock Realty
  • Party 1 Broker Norman Shabot
  • Party 2 Cognac One
  • Party 2 Brokerage Hidrock Realty
  • Party 2 Broker Norman Shabot
notes
The importer of fine wines inked a three-year lease for retail space.
  • Event Retail Leasing
  • Address 29 East 61st Street
  • Neighborhood Lenox Hill
  • Borough Manhattan
  • Square feet 2,100
notes
The laser and electrolysis hair removal company and day spa signed a five-year lease renewal. It has been a tenant in the building for more than 19 years. The reported asking rent was $100 per square foot.
  • Event Retail Leasing
  • Address 35 West 36th Street
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 1,985
  • Publication Date 04/01/2013
  • Event Date 02/20/2013
  • Party 1 3536 Associates
  • Party 1 Brokerage Hidrock Realty
  • Party 1 Broker Steven Hidary
  • Party 2 Kings Thai Boxing
  • Party 2 Brokerage City Realty Services
  • Party 2 Broker Dominique Alexander
notes
The boxing gym signed a 10-year lease. The reported asking rent was $65 per square foot.
  • Event Retail Leasing
  • Address 53 West 36th Street
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 8,400
  • Publication Date 02/01/2012
  • Event Date 12/23/2011
  • Party 1 Hidrock Realty
  • Party 1 Brokerage In-house
  • Party 2 The Keg Room
  • Party 2 Brokerage Reilly Mann Newell Realty Group
  • Party 2 Broker Edward Reilly
notes
The owners of the Keg Room signed a 20-year lease for another Irish pub, the New York Post reported. The asking rent was $70 per square foot, according to the Post.
  • Event Retail Leasing
  • Address 960 Sixth Avenue
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 10,000
  • Publication Date 11/01/2011
  • Event Date 09/22/2011
  • Party 1 Hidrock Realty
  • Party 2 BankUnited
  • Party 2 Brokerage Mogull Realty
  • Party 2 Broker Kim Mogull
notes
The Florida-based bank signed a long-term lease for multilevel space.
  • Event Retail Leasing
  • Address 35 West 36th Street
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 2,200
notes
The clothing wholesaler signed a lease.
  • Event Retail Leasing
  • Address 958 Sixth Avenue
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 5,500
  • Publication Date 09/01/2008
  • Event Date 07/23/2008
  • Party 1 SCG Realty
  • Party 1 Brokerage Hidrock Realty
  • Party 1 Broker Jack Terzi
  • Party 2 Pax Ventures
  • Party 2 Brokerage Jack Terzi Real Estate
  • Party 2 Broker Jack Terzi
notes
The eatery chain signed a 21-year net lease for the entire five-story building, which will house a Café Europa. The reported aggregate rent was $13 million. This will be the company's 33rd Manhattan location.
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