Vector Group | The Real Deal New York

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Vector Group

712 5th Ave #52
New York, NY 10019
(212) 409-2800
Website
edeissler@sardverb.com
Logo_Vector
Vector Group
Vector Group is a publicly traded holding company headed by Howard Lorber and Bennet LeBow, the firm's founder. The company's diversified holdings range from tobacco to real estate, and it directs many of its New York City real estate investments through subsidiary New Valley LLC. Additionally, New Valley has a 70% stake in residential real estate brokerage Douglas Elliman, where Lorber serves as Chairman. Recent development projects tied to Vector Group and New Valley LLC include 125 Greenwich Street, The Marquand, 101 Murray Street, 10 Madison Square West and Park Lane Hotel.
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05/11/16
A penthouse at 432 Park Avenue that was asking $76.5 million is now in contract, The Real Deal has learned, in a deal that is...
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05/10/16
A securities law firm is investigating Sam Nazarian’s planned buyout of Morgans Hotel Group and exploring “potential legal claims” against Morgans’ board of directors. Rigrodsky...
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05/04/16
Call it the (overpriced) penthouse effect. After shooting for the stars with an $80 million penthouse at 160 Leroy Street, Ian Schrager is the latest...
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04/29/16
Despite increasing chatter that the residential market has lost steam in 2016, Douglas Elliman parent company Vector Group reported largely improved year-on-year financial results for...
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04/20/16
432 Park Avenue — Manhattan’s newest live-work space? On the heels of Vector Group director Bennett LeBow closing on his $44.8 million pad at CIM...
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04/20/16
The candidate expected to win former State Senate majority leader Dean Skelos’ seat had the backing of some of New York City’s biggest names in real...
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04/20/16
UPDATED, May 23, 9:15 p.m.: Donald Trump romped to victory Tuesday in the Republican primary in New York, and in a big departure from some...
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04/14/16
Bennett LeBow, chairman of Douglas Elliman’s parent company Vector Group, paid $44.8 million for a new pad in 432 Park Avenue. Tags: 432 park avenue, Douglas...
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04/01/16
Things didn’t go particularly great for General Growth Properties in 2015, but that didn’t stop the retail-focused real estate investment trust from compensating CEO Sandeep...
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03/31/16
It pays to be the boss. Douglas Elliman Chairman Howard Lorber took home a whopping $42.5 million in total pay in 2015, according to regulatory...
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03/24/16
TRD Special Report: On December 10, 2013, regulators summoned the nation’s biggest title insurance firms to 1 State Street. Much of the hearing focused on...
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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...
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02/29/16
Douglas Elliman’s revenues hit $637 million in 2015, a 17 percent year-over-year jump from $543.2 million in 2014, the brokerage’s parent company Vector Group reported Monday....
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Type in the names of Douglas Elliman’s top agents on the firm’s website, and you’ll generally be greeted with a tally of their accolades, splashy...
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02/05/16
UPDATED: Feb. 18, 3:44 p.m.: Hotelier and developer Ian Schrager is one step closer to building 160 Leroy Street, securing a $265M construction loan from...
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There’s an easy way to exhaust a restaurant’s caviar supply: Have a billionaire investor like Carl Icahn celebrate his birthday with real estate and investment heavy...
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UPDATED: Jan. 6, 1:42 p.m.: David Bistricer’s Clipper Realty is in contract to buy an East Harlem rental building for approximately $103 million, as it seeks approval...
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The city’s major publicly-listed real estate firms were not exempt from today’s stock market hangover — the worst post-New Year’s Day performance by the U.S....
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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...
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Howard Lorber will be nearly $30 million richer by 2022 – as long as he continues to lead Vector Group Ltd. successfully for the next...
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11/03/15
Douglas Elliman sold $6.6 billion worth of real estate during the third quarter and pulled in revenue of $186 million during the same period. But due to rising new...
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Activist shareholder and Rambleside Holdings CEO Gregory Cohen is stirring things up yet again, this time offering to buy two hotels owned by Morgans Hotel...
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08/12/15
Brooklyn developer David Bistricer is forming a real estate investment trust to fund future acquisitions, The Real Deal has learned. Bistricer, who’s made a series of...
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712 Fifth Avenue, New York, NY, 212.891.5940
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The Marquand, a 1913 Beaux-Arts Revival-style building at the corner of East 68th...
Hotels
Roosevelt Hotel Hotel owners may award 2012 five stars. That’s because in the last year, Manhattan’s hospitality market has posted huge gains as tourists continued...
Manhattan, 10014
Ian Schrager|Vector Group|Carlton Group, 160 LEROY LLC
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Queens, 11101
Ekstein Development|Vector Group
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Manhattan, 10006
Michael Shvo|Vector Group
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Manhattan, 10036
Witkoff Group|Vector Group|Ian Schrager|Winthrop Realty Trust|Maefield Development, 701 Seventh Property OwnerLLC
20 Times Square is a nearly 270,000 square foot hotel and retail development,...
Manhattan, 10013
HFZ Capital Group|Vector Group, HFZ 11 BEACH STREET LLC
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Manhattan, 10019
Witkoff Group|Vector Group
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Manhattan, 10010
Witkoff Group|Vector Group, MS/WG 1107 BROADWAY OWNER LLC
...
Queens, 11101
Property Markets Group|Vector Group
...
Manhattan, 10007
Witkoff Group|Fisher Brothers|Vector Group, HENRY V MURRAY SENIOR LLC
Also 101 Murray Street ...
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