Adam Spies | The Real Deal New York

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Adam Spies

Senior Managing Director
Eastdil Secured
40 West 57th Street, 22nd Floor
New York, NY 10019
(212) 315-7200
Website
Adam Spies
Adam Spies is a senior managing director at Eastdil Secured, one of New York City’s leading investment sales firms. He works out of its 40 West 57th Street headquarters. Spies is one of New York City’s busiest investment sales brokers in terms of the value and scope of his deals. In the first nine months of 2013, for instance, Spies was involved in brokering $7 billion worth of property trades in New York City, including for such high-profile properties as the Sony Building for $1.1 billion and 650 Madison Avenue for $1.3 billion. He was also involved in the trades of the Time Warner Center and Worldwide Plaza; and in Google’s $2 billion purchase of 111 Eighth Avenue in 2010. Spies often partners with Douglas Harmon, a fellow senior managing director, on these deals. A graduate of the University of Vermont, Spies started his career as an accountant at Deloitte. He joined Eastdil Secured in 1999. -TA
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Buyer Chaim Miller and seller Silverstein Properties have smoked the peace pipe, and are making progress on the $138 million deal for the Beekman Tower at...
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Eastdil Secured, Senior Managing Director
40 West 57th Street, 22nd Floor, New York, NY, (212) 315-7200
Michael Cochran is a senior managing director at Eastdil Secured, one of New...
Eastdil Secured, CEO
40 West 57th Street, 22nd Floor, New York, NY, (212) 315-7200
Roy March is the CEO of Eastdil Secured, one of New York Citys...
Eastdil Secured, Managing Director
40 West 57th Street, 22nd Floor, New York, NY, (212) 315-7200
Kevin Donner is a managing director at Eastdil Secured, one of New York...
Eastdil Secured, Chief Administrative Officer and Senior Managing Director
40 West 57th Street, 22nd Floor, New York, NY, (212) 315-7200
Martha Wallau is the chief administrative officer and a senior managing director at...
Eastdil Secured, Senior Managing Director
40 West 57th Street, 22nd Floor, New York, NY, (212) 315-7200
David Lazarus is a senior managing director at Eastdil Secured, one of New...
Eastdil Secured, Senior Managing Director
40 West 57th Street, 22nd Floor, New York, NY, (212) 315-7200
Douglas Harmon is a senior managing director at Eastdil Secured, one of New...
Eastdil Secured, Chairman
40 West 57th Street, 22nd Floor, New York, NY, (212) 315-7200
Ben Lambert is the chairman of Eastdil Secured, one of New York Citys...
  • Event Sales
  • Address 150 West 34th Street
  • Neighborhood Penn Plaza
  • Borough Manhattan
  • Square feet 78,000
  • Price $ 355,000,000
notes
The Old Navy building sold for $355 million. Additional information: 3 stories, 78,000 sf
  • Event Sales
  • Address 3 Mitchell Place
  • Neighborhood Midtown East
  • Borough Manhattan
  • Price $ 138,000,000
notes
Beekman Tower, the vacant, 170-unit Art Deco building, sold for $138 million.
  • Event Sales
  • Address 40 West 25th Street
  • Neighborhood Flatiron
  • Borough Manhattan
  • Square feet 130,000
  • Price $ 106,000,000
notes
The office building sold for $106 million.
  • Event Sales
  • Address 1095 Sixth Avenue
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 1,200,000
  • Price $ 2,200,000,000
notes
The office building sold for $2.2 billion.
  • Event Sales
  • Address 110 William Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 928,000
  • Price $ 261,100,000
  • Price per foot $ 281.00
notes
The property sold for $261.1 million, or $281 per square foot.
  • Event Sales
  • Address 752 West End Avenue
  • Neighborhood Upper West Side
  • Borough Manhattan
  • Price $ 72,000,000
  • Price per foot $ 365,000.00
notes
The property sold for $72 million, or about $365,000 per unit.
  • Event Sales
  • Address 752 West End Avenue
  • Neighborhood Upper West Side
  • Borough Manhattan
  • Price $ 120,000,000
notes
The property sold for $120 million. The sellers acquired the building for $72 million in 2010.
  • Event Sales
  • Address 200 West End Avenue
  • Neighborhood Lincoln Square
  • Borough Manhattan
  • Square feet 26,000
  • Price $ 31,000,000
notes
The retail condo sold for $31 million.
  • Event Sales
  • Address 104 West 40th Street
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 173,108
  • Price $ 64,500,000
notes
The 173,108 sf property sold for about $64.5 million.
  • Event Sales
  • Address 104 West 40th Street
  • Neighborhood #VALUE!
  • Borough Manhattan
  • Square feet 210,000
  • Price $ 100,000,000
notes
The property sold for about $100 million, the New York Observer reported. Rents in the building run from the low $50s to the $70s per square foot.
  • Event Sales
  • Address 158 West 27th Street
  • Neighborhood Chelsea
  • Borough Manhattan
  • Square feet 117,000
  • Price $ 25,050,000
notes
The property sold for $25.05 million.
  • Event Sales
  • Address 158 West 27th Street
  • Neighborhood Chelsea
  • Borough Manhattan
  • Square feet 116,000
  • Price $ 57,500,000
notes
The office building sold for $57.5 million, Crain's reported.
  • Event Sales
  • Address 450 West 15th Street
  • Neighborhood Chelsea
  • Borough Manhattan
  • Square feet 281,361
  • Price $ 295,000,000
notes
The property sold for $295 million. The deal involved a piece of seller financing, with Stellar providing a $150 million short-term loan to Jamestown, which appears in public records. The move was intended to help the deal close quickly, while giving Jamestown more time to iron out long-term financing, The Real Deal has learned.
  • Event Sales
  • Address 430 West 14th Street
  • Neighborhood West Village
  • Borough Manhattan
  • Square feet 61,321
  • Price $ 100,000,000
notes
The property sold for close to $100 million, the New York Post reported. Tenants at the building include men's and women's boutique Scoop, hair salon Edris, designers Rena Lange and Alexander McQueen and the Hogs N' Heifers bar. Yucaipa purchased the property for $65 million in late 2011.
  • Event Sales
  • Address 875 Washington Street
  • Neighborhood West Village
  • Borough Manhattan
  • Square feet 60,000
  • Price $ 96,440,000
notes
The property sold for $96.44 million. The deal represents a $30 million mark-up over what California-based tycoon Ron Burkle, who has an ownership interest in Scoop NYC, paid for the five-story, 61,000-square-foot building at 428 West 14th Street one year previously. The deal was first reported by the New York Post.
  • Event Sales
  • Address 161 Sixth Avenue
  • Neighborhood Soho
  • Borough Manhattan
  • Square feet 570,000
  • Price $ 200,000,000
notes
The two buildings sold for $200 million, the New York Post reported. The buyers plan to combine the properties and modernize the facilities. Includes 233 Spring Street.
  • Event Sales
  • Address 1370 Sixth Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 336,000
  • Price $ 217,000,000
notes
The building sold for $217 million. Tenants include JP Morgan Chase, Miss Universe and Absolut Vodka.
  • Event Sales
  • Address 130 Prince Street
  • Neighborhood Soho
  • Borough Manhattan
  • Square feet 88,000
  • Price $ 140,500,000
notes
The property sold for $140.5 million. The selling partnership originally acquired the building in 2007 for $112 million.
  • Event Sales
  • Address 295 Madison Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 330,000
  • Price $ 213,000,000
  • Publication Date 11/01/2013
  • Event Date 09/22/2013
  • Party 1 Family of late Sarah Korein
  • Party 1 Brokerage Eastdil Secured
  • Party 1 Broker Adam Spies
  • Party 2 Eretz Group
  • Party 2 Brokerage Murray Hill Properties
  • Party 2 Broker David Greene, Norman Sturner
notes
The property sold for $213 million.
  • Event Sales
  • Address 292 Madison Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 170,230
  • Price $ 85,000,000
notes
The Marciano brothers purchased the ground under the building for $85 million and took over the $59.1 million mortgage, the New York Post reported.
  • Event Sales
  • Address 530 Fifth Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 500,000
  • Price $ 390,000,000
  • Price per foot $ 780.00
notes
The property sold for $390 million, or $780 per square foot, the New York Post reported.
  • Event Sales
  • Address 10 Columbus Circle
  • Neighborhood Lincoln Square
  • Borough Manhattan
  • Square feet 1
  • Price $ 1,300,000,000
notes
The 1.1 million sf Time Warner Center sold for $1.3 billion. The new owners of the building will lease the space back to Time Warner for approximately five years, at which point the media giant will move to an 80-story skyscraper planned for Related Companies' Hudson Yards, according to a report from Bloomberg News.
  • Event Sales
  • Building Name Brill Building
  • Address 1619 Broadway
  • Neighborhood Midtown West
  • Borough Manhattan
  • Square feet 177,000
  • Price $ 150,000,000
notes
The popular songwriting and music publishing hub sold for just over $150 million to the Dallas-based real estate company. The sellers had purchased the art deco Class B building for $92 million last November.
  • Event Sales
  • Address 1466 Broadway
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 40,000
  • Price $ 195,800,000
notes
The majority stake in the retail condo sold for $195.8 million. Crown Acquisitions and Highgate Holdings will continue to hold minority stakes in the property, with Crown continuing to operate a part of the retail space.
  • Event Sales
  • Address 1440 Broadway
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 740,000
  • Price $ 282,400,000
notes
An 80 percent stake in the building sold for $282.4 million. The transaction recapitalizes the 25-story Times Square South tower at around $350 million, the New York Post first reported. The remaining stake in the 740,000-square, foot tower is owned by Monday Properties, which also manages and leases the building.
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