Tessler Developments is a real estate development firm that specializes in ultra-luxury condominium projects. Founded and owned by Yitzchak Tessler, the firm made a name for itself with condo conversions in the late 1990s, starting with 66 Leonard Street in TriBeCa and later 150 Nassau Street in the financial district. Among the firm’s most notable buildings are the historic Textile Building, at 295 Fifth Avenue, as well as the Bryant Park Hotel. Tessler Developments also has educational housing at 55 John Street for Pace University and 1760 Third Avenue for LIM College. One of its more recent developments, the glass tower known as One Seventy-Two Madison, will include a “penthouse in reverse” massive apartment on one of its lower floors and a 40-foot base to avoid privacy issues in many of the tower’s other units. Tessler purchased the spot in 2014 and soon raised funds to build the tower. Not all of Tessler’s conversions have been successful. Financing issues jettisoned a planned conversion at 1107 Broadway for one of the International Toy Center buildings.
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...
Gaia Real Estate’s latest condo project – at the former St. Vincent’s Midtown hospital building in Hell’s Kitchen – will have a total sellout of $232.4...
Gaia Real Estate secured a $122.8 million loan from TPG Real Estate Finance for its acquisition of a vacant, 160,000-square-foot Midtown apartment building. Tags: gaia...
Gaia Real Estate is in contract to buy the rental conversion of a former St. Vincent’s Midtown Hospital building in Hell’s Kitchen from the Chetrit...
Tessler Developments will employ novel architectural stylings to help fit 172 Madison Avenue into its office-heavy surroundings in Midtown, new plans reveal. The 32-story, 69-unit condominium...
JVL Property Group, Okada Acquisitions and Zion Enterprises have launched sales at their seven-story Hell’s Kitchen condominium building that was converted from St. Vincent’s Midtown...
The Chetrit Group unloaded part of its redevelopment project at the former St. Vincent’s Midtown Hospital to an unnamed buyer for $41.4 million, according to...
Nobel and Pulitzer prize-winning novelist Toni Morrison picked up a three-bedroom condominium at Tessler Development’s 66 Leonard Street. Tags: 66 leonard street ...
Developer Yitzchak Tessler is teaming up with Manhattan-based NMP Group to build 31-story apartment complex on a vacant site at 172 Madison Avenue, according to...
The first rendering of 10 Madison Square West, the condominium development planned for a portion of the Toy Building in the Flatiron District, has been...
Developer Durst Fetner Residential is abandoning hotel plans as well as cutting the height of its planned high rise at 855 Sixth Avenue three blocks...
UPDATED, 4:57 p.m., Mar. 18: The former Toy Building, at 10 Madison Square West in the Flatiron District, has unveiled a teaser website and building signage...
323 Park Avenue South, 400 Park Avenue South and 404 Park Avenue South
Three luxury condominiums are under development on a small stretch of Park Avenue South....
The building that has topped out on the southeast corner of Park Avenue South and 24th Street is the final project to be designed by late Charles Gwathmey, a true...
The Chetrit Group filed plans last week to build a single-family, ground-up development on a vacant lot squeezed between two long-empty hospital buildings that it’s...
A new 10-story, 18-unit condominium at Park Avenue South launched sales today, Keller Williams NYC, who’s exclusively selling and marketing the building, announced today. The...
From left: Steve Witkoff, founder of the Witkoff Group, 1107 Broadway, Yitzhak Tessler of Tessler Developments and Eastdil Secured's Adam Spies and Douglas HarmonSteve Witkoff's...
Manhattan-based Tessler Developments has come to a tentative agreement with Jersey City officials to construct a proton therapy center, along with commercial space and about...
Yitzhak Tessler and 1107 BroadwayYitzhak Tessler, the 62-year-old CEO and president of Tessler Developments, spoke with The Real Deal in his first face-to-face interview since...
Steve Witkoff and 1107 Broadway
The Witkoff Group, owner of one of the International Toy Center buildings located at 1107 Broadway, is joining forces with a...
A high-profile Tribeca retail condominium, designed by famed architect Richard Meier and currently leased to celebrity chef Jean-Georges Vongerichten, has hit the market for $9...
From left: Durst Fetner CEO Harold Fetner, developer Baruch Singer and 855 Sixth Avenue
A state court judge handed a victory to Durst Fetner Residential this...
From left: Steve Witkoff, Howard Lorber and 1107 Broadway
Lehman Brothers has reached a deal to sell the in-default debt on 1107 Broadway to the Witkoff...
From left: 855 Sixth Avenue, 110 West 31st Street and 112 West 31st Street (last building credit: PropertyShark)
The development partnership Durst Fetner Residential took title...
260 Park Avenue South
The salon signed a lease for its fourth location.
415 West 51st Street
St. Vincent Catholic Medical Centers
The two-building hospital site sold for $84.7 million. The buyer plans to renovate the property for residential use.
855 Sixth Avenue
Tessler Developments, Chetrit Group
Fremont Investment & Loan
Party 2 Brokerage
Fremont Investment & Loan
Party 2 Broker
A $105.3 million loan was arranged for the block-front parcel. The site will be developed into a 37-story, 500,000-square-foot mixed-use project with high-end retail on the ground and second floors, Class A office space on floors three through 14 and luxury residential units on the upper levels. Development site
66 Leonard Street is a residential building, known as the Textile Building or...