Property Markets Group | The Real Deal New York

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Property Markets Group

5 East 17th Street
New York, NY 10003
(212) 610-2800
Website
PMG
Property Markets Group
Property Markets Group is a real estate development and acquisition firm founded in 1991. The group, run by Kevin Maloney, has more than $3 billion in real estate assets under management, including residential, hotel, commercial, and resorts. About three-quarters of the firm’s work in the New York City area, with the remaining projects in Florida and Chicago. For years Property Markets had been a long-time partner with JD Development Group, collaborated together on the record-setting Walker Tower (which Property Markets purchased in 2010), 202 8th Street in Gowanus (where Property Markets has had a burgeoning interest), and the rental building at 50 North First Street. However, in 2014 the firms took a break from each other due to personality divergences between Maloney and JDS owner Michael Stern, as well as organizational differences between the firms. Property Markets also has taken an interest in Long Island City, building a rental tower in Queens Plaza.
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belnord-final-fbox
04/19/16
The Belnord – the stately, century-old residential complex in the heart of the Upper West Side – is officially going condo with a total price...
shaoul fb kelly
04/15/16
A shift in the market for luxe apartments is already leading some developers to switch up their marketing teams. In the first of what insiders...
Michael Stern
04/13/16
For Michael Stern, the motive behind 9 Dekalb isn't about establishing Brooklyn as the next frontier for supertall towers. It's about building a landmark property...
condo-analysis-feature
04/12/16
It sure was fun for developers while it lasted. But those now bringing new product to Manhattan have more tempered expectations. The overall projected sellout...
top permits march 2016 thumb
04/07/16
Queens developers dominated the list of March’s largest real estate permit filings, accounting for half of the top 10 projects. Monadnock Development’s affordable, 226,000-square-foot One...
PHfbox
04/06/16
So this is what a “penthouse correction” looks like? Of the 261 penthouse units for sale in Manhattan as of April 1, more than 35...
SoFla-feature
04/05/16
Change is everywhere in South Florida, from the suburbs of Palm Beach County to the main avenues and street corners of Miami and Miami Beach....
sales pause 57th street fb
03/31/16
The slick sales office for 111 West 57th Street could be lying idle for quite a while. JDS Development Group and Property Markets Group will...
blau fb
03/30/16
Billionaires’ Row isn’t for everyone. The Related Companies has no interest in doing condominium deals on or around the crowded 57th Street corridor, CEO Jeff Blau...
111leroythumb
03/22/16
After a thumbs-down from the local community board, Property Markets Group scaled down its condominium and townhouse project at 111 Leroy Street, and the developer has...
111w57-richard-andersonFB
03/16/16
Construction costs in the five boroughs grew steadily for the third year in a row at roughly 5 percent. That’s still less than half the...
new development chiefs fb
03/15/16
Condominium construction hit record highs in Manhattan over the past year, with hundreds of new high-end homes rising across the borough. With luxury condo inventory at...
2100 third
03/01/16
Alfa Development filed plans for a 20-story condominium building on a site it acquired for nearly $70 million last year, the firm told The Real...
10-sullivan-PH-435x228 small
02/29/16
It seems like Madison Equities and Property Markets Group’s much-hyped $45 million triplex penthouse at 10 Sullivan Street was never meant to be. Tags: 10 Sullivan...
JDS fb
02/18/16
JDS Development and Property Markets Group have managed to keep visuals of 111 West 57th Street, the ultra-skinny tower at the Steinway building on Billionaires’ Row,...
Michael Stern thumb
02/16/16
From the February issue: Michael Stern is the CEO of JDS Development Group, a firm with 11.5 million square feet under development in New York...
WalkerTowerPH5_Fbox
02/15/16
The anonymous buyer of a penthouse at the Walker Tower who paid $14.25 million for the pad in January 2014 is relisting it for $22...
111 fb
02/10/16
Faced with both an uncertain global economy and signs of softening in the city’s ultra-luxury condominium market, should JDS Development Group and Property Markets Group...
dec-top-permits thumb
02/03/16
UPDATED: 9:37 a.m., Feb. 3: Two massive projects in Jamaica, Queens topped the list of December’s largest new building filings, led by a sprawling 300,000-square-foot...
PMG-23-10-Queens-Plaza-South-FB
02/01/16
Property Markets Group and its partners in Long Island City are not selling apartments at their recently topped-out Court Square apartment tower. But if they were,...
WitkoffParkLanefbox
01/28/16
Developer Steve Witkoff is hitting the brakes on plans to convert the Park Lane Hotel into luxury condominiums. Instead, the developer and his partners, including Harry...
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...
biggest projectes feature
12/24/15
Though new Manhattan developments were the heaviest hitters in terms of size this year, the outer boroughs more than held their own. Tags: Hudson Yards, One...
pmg-lic-FB
12/21/15
UPDATED, Dec. 22, 11:21 a.m.: Property Markets Group and the Hakim Organization – the partners behind what’s planned to be Queens’ tallest skyscraper – have teamed...
Market Reports
12/09/15
The latest batch of reports found that Brooklyn will deliver the most new apartments next year, JDS Development and Property Markets Group’s 111 West 57th...
To see all, go to Advanced Search
  • Event Residential Sales
  • Building Name Stella Tower
  • Address 425 West 50th Street
  • Unit 10F
  • Neighborhood Clinton
  • Borough Manhattan
  • Price $ 4,582,125
  • Publication Date 04/09/2015
  • Event Date 03/25/2015
  • Party 1 JDS Development , Property Markets Group
  • Party 2 425 West 50th Street LLC
notes
[EMPTY]
  • Event Residential Sales
  • Building Name Stella Tower
  • Address 425 West 50th Street
  • Unit 12E
  • Neighborhood Clinton
  • Borough Manhattan
  • Price $ 1,725,934
  • Publication Date 04/20/2015
  • Event Date 03/26/2015
  • Party 1 JDS Development , Property Markets Group
  • Party 2 Gayle Wright, Robert Realmuto
notes
[EMPTY]
  • Event Residential Sales
  • Building Name Stella Tower
  • Address 425 West 50th Street
  • Unit 10H
  • Neighborhood Clinton
  • Borough Manhattan
  • Price $ 729,067
  • Publication Date 04/03/2015
  • Event Date 03/18/2015
  • Party 1 JDS Development , Property Markets Group
  • Party 2 Stella 10h LLC
notes
[EMPTY]
  • Event Residential Sales
  • Building Name Stella Tower
  • Address 425 West 50th Street
  • Unit 12B
  • Neighborhood Clinton
  • Borough Manhattan
  • Price $ 840,056
  • Publication Date 04/03/2015
  • Event Date 03/16/2015
  • Party 1 JDS Development , Property Markets Group
  • Party 2 Mehmet Baltaci
notes
[EMPTY]
  • Event Residential Sales
  • Building Name Stella Tower
  • Address 425 West 50th Street
  • Unit 15G
  • Neighborhood Clinton
  • Borough Manhattan
  • Price $ 1,807,394
notes
[EMPTY]
  • Event Residential Sales
  • Building Name Stella Tower
  • Address 425 West 50th Street
  • Unit 12C
  • Neighborhood Clinton
  • Borough Manhattan
  • Price $ 3,767,525
  • Publication Date 03/24/2015
  • Event Date 03/13/2015
  • Party 1 JDS Development , Property Markets Group
  • Party 2 Iron Tailor LLC
notes
[EMPTY]
  • Event Residential Sales
  • Building Name Stella Tower
  • Address 425 West 50th Street
  • Unit 16B
  • Neighborhood Clinton
  • Borough Manhattan
  • Price $ 2,540,534
  • Publication Date 04/06/2015
  • Event Date 03/13/2015
  • Party 1 JDS Development , Property Markets Group
  • Party 2 Emin Kutucular
notes
[EMPTY]
  • Event Residential Sales
  • Building Name Stella Tower
  • Address 425 West 50th Street
  • Unit 12G
  • Neighborhood Clinton
  • Borough Manhattan
  • Price $ 3,665,700
  • Publication Date 03/24/2015
  • Event Date 03/11/2015
  • Party 1 JDS Development , Property Markets Group
  • Party 2 WESTBURY HOLDINGS
notes
[EMPTY]
  • Event Residential Sales
  • Building Name Stella Tower
  • Address 425 West 50th Street
  • Unit 16E
  • Neighborhood Clinton
  • Borough Manhattan
  • Price $ 2,087,413
  • Publication Date 03/25/2015
  • Event Date 03/16/2015
  • Party 1 JDS Development , Property Markets Group
  • Party 2 Julia Greer
notes
[EMPTY]
  • Event Residential Sales
  • Building Name Stella Tower
  • Address 425 West 50th Street
  • Unit 12D
  • Neighborhood Clinton
  • Borough Manhattan
  • Price $ 1,344,090
  • Publication Date 03/25/2015
  • Event Date 03/11/2015
  • Party 1 JDS Development , Property Markets Group
  • Party 2 Jacinta Orlando, Gus Samios
notes
[EMPTY]
  • Event Residential Sales
  • Building Name Stella Tower
  • Address 425 West 50th Street
  • Unit 10E
  • Neighborhood Clinton
  • Borough Manhattan
  • Price $ 2,851,100
  • Publication Date 03/18/2015
  • Event Date 03/10/2015
  • Party 1 JDS Development , Property Markets Group
  • Party 2 Mehmet Karabag
notes
[EMPTY]
  • Event Residential Sales
  • Building Name Stella Tower
  • Address 425 West 50th Street
  • Unit 12F
  • Neighborhood Clinton
  • Borough Manhattan
  • Price $ 1,588,470
  • Publication Date 03/05/2015
  • Event Date 02/26/2015
  • Party 1 JDS Development , Property Markets Group
  • Party 2 Thomas Schieble
notes
[EMPTY]
  • Event Residential Sales
  • Building Name Stella Tower
  • Address 425 West 50th Street
  • Unit 12J
  • Neighborhood Clinton
  • Borough Manhattan
  • Price $ 1,303,360
  • Publication Date 03/04/2015
  • Event Date 02/24/2015
  • Party 1 JDS Development , Property Markets Group
  • Party 2 Jane Rakow, Joel Rakow
notes
[EMPTY]
  • Event Residential Sales
  • Building Name Stella Tower
  • Address 425 West 50th Street
  • Unit 12K
  • Neighborhood Clinton
  • Borough Manhattan
  • Price $ 1,578,288
  • Publication Date 03/04/2015
  • Event Date 02/24/2015
  • Party 1 JDS Development , Property Markets Group
  • Party 2 425 W. 50th St. 12k, LLC
notes
[EMPTY]
  • Event Residential Sales
  • Building Name Stella Tower
  • Address 425 West 50th Street
  • Unit 12A
  • Neighborhood Clinton
  • Borough Manhattan
  • Price $ 3,767,525
  • Publication Date 02/25/2015
  • Event Date 02/18/2015
  • Party 1 JDS Development , Property Markets Group
  • Party 2 Farid Jano, Maha Jano
notes
[EMPTY]
  • Event Residential Sales
  • Building Name Stella Tower
  • Address 425 West 50th Street
  • Unit 14A
  • Neighborhood Clinton
  • Borough Manhattan
  • Price $ 2,240,150
  • Publication Date 03/13/2015
  • Event Date 02/04/2015
  • Party 1 JDS Development , Property Markets Group
  • Party 2 Bruce Hatton, Thomas Young
notes
[EMPTY]
  • Event Residential Sales
  • Building Name Stella Tower
  • Address 425 West 50th Street
  • Unit 10B
  • Neighborhood Clinton
  • Borough Manhattan
  • Price $ 1,934,675
  • Publication Date 02/06/2015
  • Event Date 01/20/2015
  • Party 1 JDS Development , Property Markets Group
  • Party 2 Akash Gupta
notes
[EMPTY]
  • Event Residential Sales
  • Building Name Stella Tower
  • Address 425 West 50th Street
  • Unit 16A
  • Neighborhood Clinton
  • Borough Manhattan
  • Price $ 5,905,850
  • Publication Date 02/09/2015
  • Event Date 01/30/2015
  • Party 1 JDS Development , Property Markets Group
  • Party 2 Stella Holdings, LLC
notes
[EMPTY]
  • Event Residential Sales
  • Building Name Stella Tower
  • Address 425 West 50th Street
  • Unit 10J
  • Neighborhood Clinton
  • Borough Manhattan
  • Price $ 1,181,170
notes
[EMPTY]
  • Event Residential Sales
  • Building Name Stella Tower
  • Address 425 West 50th Street
  • Unit 10D
  • Neighborhood Clinton
  • Borough Manhattan
  • Price $ 1,934,675
  • Publication Date 02/02/2015
  • Event Date 01/20/2015
  • Party 1 JDS Development , Property Markets Group
  • Party 2 Richard Greer , Andrew Halliday , David Greer
notes
[EMPTY]
  • Event Residential Sales
  • Building Name Stella Tower
  • Address 425 West 50th Street
  • Unit 14G
  • Neighborhood Clinton
  • Borough Manhattan
  • Price $ 2,418,344
  • Publication Date 01/30/2015
  • Event Date 12/29/2014
  • Party 1 JDS Development , Property Markets Group
  • Party 2 Justin Kahn, Kelli Kahn
notes
[EMPTY]
  • Event Residential Sales
  • Building Name Stella Tower
  • Address 425 West 50th Street
  • Unit 15B
  • Neighborhood Clinton
  • Borough Manhattan
  • Price $ 3,462,050
  • Publication Date 01/23/2015
  • Event Date 01/07/2015
  • Party 1 JDS Development , Property Markets Group
  • Party 2 Hung Chen , Tema Blackstone
notes
[EMPTY]
  • Event Residential Sales
  • Building Name Stella Tower
  • Address 425 West 50th Street
  • Unit 10G
  • Neighborhood Clinton
  • Borough Manhattan
  • Price $ 4,429,388
  • Publication Date 02/05/2015
  • Event Date 01/12/2015
  • Party 1 JDS Development , Property Markets Group
  • Party 2 Betula Grove LLC
notes
[EMPTY]
  • Event Residential Sales
  • Building Name Stella Tower
  • Address 425 West 50th Street
  • Unit 14E
  • Neighborhood Clinton
  • Borough Manhattan
  • Price $ 5,345,813
  • Publication Date 02/09/2015
  • Event Date 01/13/2015
  • Party 1 JDS Development , Property Markets Group
  • Party 2 Stella 14e, LLC
notes
[EMPTY]
  • Event Residential Sales
  • Building Name Stella Tower
  • Address 425 West 50th Street
  • Unit 15A
  • Neighborhood Clinton
  • Borough Manhattan
  • Price $ 1,985,588
  • Publication Date 01/26/2015
  • Event Date 01/14/2015
  • Party 1 JDS Development , Property Markets Group
  • Party 2 Nobulo, INC.
notes
[EMPTY]
To see all, go to Advanced Search
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Just a few blocks from the Holland Tunnel, the corner property at 72...
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