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Sapir Organization

260 Madison Avenue
New York, NY 10016
(212) 683-5765
Website
Sapir Organization

Sapir Organization is a group of privately and publicly held real estate companies run by the Sapir family. Among the properties the organization owns are 218 Madison Avenue and MTA headquarters at 2 Broadway. The companies also own a number of luxury hotel condominiums and residential spaces. The company was founded by U.S.S.R-born businessman Temur Sepiashvili (who changed his last name to Sapir after immigrating to Israel). Today, son Alex runs the business (Temur reportedly has been suffering from a mental problems). In 2015, Sapir Organization and CIM Group announced the sale of 11 Madison Avenue, an iconic office building, for nearly $2.3 billion. Sapir had bought the historic building in 2003 and was joined by CIM seven years later. In 2014, the organization purchased the ground lease under 110 Church Street and 53 Park Place for $231 million, taking complete control of both sites (the company had owned the buildings). The Sapir group also purchased the Mondrian SoHo hotel at 9 Crosby Street earlier that year in a partnership with Gerard Guez, paying $205 million for the site and renaming the hotel the NoMo SoHo.

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To see all, go to Advanced Search
Sapir Organization, Founder
260 Madison Avenue, New York, NY, (212) 683-5765
Tamir Sapir, who died in 2014, was a New York City-based real estate...
  • Event Office Leasing
  • Address 11 Madison Avenue
  • Neighborhood Flatiron
  • Borough Manhattan
  • Square feet 33,000
notes
The talent agency signed a 33,000-square foot expansion lease, bringing its space in the building to 99,000 square feet.
  • Event Office Leasing
  • Address 260 Madison Avenue
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 37,000
  • Price per foot $ 62.00
notes
The firm signed a 10-year lease for the entire fifth floor of the building.
  • Event Retail Leasing
  • Address 9 Crosby Street
  • Neighborhood Soho
  • Borough Manhattan
  • Price $ 205,000,000
  • Publication Date 04/01/2015
  • Event Date 02/20/2015
  • Party 1 German American Capital Corporation
  • Party 2 Sapir Organization
notes
The hotel sold for $205 million.
  • Event Retail Leasing
  • Address 260 Madison Avenue
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 2,000
notes
The restaurant signed a lease. The reported asking rent was $100 per square foot.
  • Event Office Leasing
  • Address 260 Madison Avenue
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 60,105
notes
The apparel manufacturer signed a 10-year lease renewal on the sixth and 14th floors, the New York Post reported.
  • Event Office Leasing
  • Address 260 Madison Avenue
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 23,000
notes
The property management firm signed a lease on the 12th floor.
  • Event Office Leasing
  • Address 260 Madison Avenue
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 17,000
notes
The Israel-based accounting firm signed a lease for part of the second floor.
  • Event Office Leasing
  • Address 260 Madison Avenue
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 36,000
notes
The law firm signed an expansion lease for two more floors totaling 36,000 square feet, bringing its total occupancy to 100,000 square feet on the building's top eight floors.
  • Event Sales
  • Address 100 Church Street
  • Neighborhood Tribeca
  • Borough Manhattan
  • Square feet 1,000,000
  • Price $ 10,000
notes
SL Green will take control of the 1 million sf office tower after placing the winning bid of $10,000 at an auction. Current owners the Sapir Organization had failed to make loan payments to SL Green and another lender last year, prompting the lenders to foreclose on the property.
  • Event Office Leasing
  • Address 100 Church Street
  • Neighborhood Tribeca
  • Borough Manhattan
  • Square feet 225,000
notes
The operator of New York City private schools signed a lease for the new Claremont Preparatory High School. The school is slated to open in the 21-story office building in the fall.
  • Event Office Leasing
  • Address 100 Church Street
  • Neighborhood Tribeca
  • Borough Manhattan
  • Square feet 64,529
notes
The provider of financial market data signed a 15-year lease.
  • Event Office Leasing
  • Address 261 Madison Avenue
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 24,300
notes
The employment firm signed a 10-year lease renewal for the entire second floor.
  • Event Office Leasing
  • Address 261 Madison Avenue
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 47,514
notes
The health insurance and retirement fund provider renewed its lease and took additional space for a 15-year term.
  • Event Office Leasing
  • Address 100 Church Street
  • Neighborhood Tribeca
  • Borough Manhattan
  • Square feet 22,400
  • Price per foot $ 48.00
  • Publication Date 11/01/2008
  • Event Date 09/22/2008
  • Party 1 Sapir Organization
  • Party 1 Brokerage CBRE
  • Party 1 Broker Brad Gerla
  • Party 2 Regus Group
  • Party 2 Brokerage Rosenhaus Real Estate
  • Party 2 Broker Richard Rosenhaus
notes
The business center operator inked a 15-year lease for a portion of the eighth floor. This will be the London-based firm's 20th Manhattan location.
  • Event Office Leasing
  • Building Name 10 Hudson Square
  • Address 170 Varick Street
  • Neighborhood Soho
  • Borough Manhattan
  • Square feet 10,790
  • Price per foot $ 52.00
notes
The real estate companies signed a 15-year lease with a five-year option on the second floor for the management offices of the Trump Soho Hotel Condominium.
  • Event Office Leasing
  • Address 160-170 Varick Street
  • Neighborhood SoHo
  • Borough Manhattan
  • Square feet 10,790
notes
The real estate companies signed a 15-year lease with a five-year option for the management offices of the Trump Soho Hotel Condominium. The reported asking rent for the second-floor space was $52 per square foot.
  • Event Office Leasing
  • Address 100 Church Street
  • Neighborhood Tribeca
  • Borough Manhattan
  • Square feet 22,370
notes
The office solutions provider signed an expansion lease. The company currently leases around 35,000 square feet at 260 Madison Avenue, also owned by the Sapir Organization.
  • Event Office Leasing
  • Address 11 Madison Avenue
  • Neighborhood Flatiron
  • Borough Manhattan
  • Square feet 98,175
  • Price per foot $ 72.00
notes
The global marketing firm signed a 10-year lease for the entire 12th floor. The lease brings the 2.2 million-square-foot tower to full occupancy.
  • Event Office Leasing
  • Address 261 Madison Avenue
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 5,648
notes
The pharmaceuticals and chemicals manufacturer inked a lease for 10 years and three months to occupy the entire 28th floor.
  • Event Office Leasing
  • Address 100 Church Street
  • Neighborhood Tribeca
  • Borough Manhattan
notes
The government agency inked a lease renewal.
  • Event Office Leasing
  • Address 260 Madison Avenue
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 51,000
  • Price per foot $ 60.00
notes
The executive search firm signed a 10-year lease for the entire third and part of the seventh floors. The company is relocating from 1140 Sixth Avenue.
  • Event Financing
  • Address 50 Murray Street
  • Neighborhood Tribeca
  • Borough Manhattan
  • Square feet 620,552
notes
A $225 million fee and leasehold financing was arranged for the property. The building has 505 luxury apartments and 50,500 square feet of commercial space. 21-story mixed-use building.
  • Event Office Leasing
  • Address 260 Madison Avenue
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 35,000
  • Publication Date 10/01/2007
  • Event Date 08/22/2007
  • Party 1 Sapir Organization
  • Party 1 Brokerage CBRE
  • Party 2 Regus Group
notes
The workplace solutions provider signed a 16-year lease for the eighth floor, which will be used as a business center.
  • Event Office Leasing
  • Address 100 Church Street
  • Neighborhood Tribeca
  • Borough Manhattan
  • Square feet 45,000
  • Price per foot $ 40.00
notes
The publishing company signed a lease for the seventh floor. Niche is relocating from its previous headquarters at 257 Park Avenue South.
  • Event Retail Leasing
  • Address 261 Madison Avenue
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 3,556
notes
The office products chain signed a 10-year lease for another location.
To see all, go to Advanced Search
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Manhattan, 10013
CIM Group, BAYROCK/SAPIR ORGANIZATION LLC
Trump Soho is a 46-story condo-hotel at 246 Spring Street in its namesake...
Manhattan, 10004
Sapir Organization, SDS WILLIAM STREET LLC
Formerly known as the William Beaver House (and by critics as the Post-It...
Manhattan, 10013
Sapir Organization|Bayrock Group, BAYROCK/SAPIR ORGANIZATION LLC
Trump Soho is a 46-story condo-hotel at 246 Spring Street in its namesake...
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