Douglas Harmon | The Real Deal New York

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Douglas Harmon

Senior Managing Director
Eastdil Secured
40 West 57th Street, 22nd Floor
New York, NY 10019
(212) 315-7200
Website
Douglas Harmon
Douglas Harmon is a senior managing director at Eastdil Secured, one of New York Citys leading investment sales firms. He works out of its 40 West 57th Street headquarters. Harmon is one of New York Citys busiest investment sales brokers in terms of the value and scope of his deals. Since 1997, he has sold or recapitalized more than $150 billion in transactions, most of them in New York City, though he also leads Eastdils East Coast residential practice. In 2013 alone, Harmon brokered $25 billion worth of sales, including seven building each valued at more than $1 billion; these included the Time Warner Center, Worldwide Plaza and 1211 Avenue of the Americas. He often partners with Adam Spies, a fellow senior managing director on deals. Since his real estate career started in 1985, and especially since he joined Eastdil in 1993, Harmon has been involved in some of the citys most high-profile property trades, including ones involving the General Motors Building, the International Toy Center, Chelsea Market, the Apthorp and Googles nearly $2 billion purchase of 111 Eighth Avenue. Harmon graduated from Brown and earned an MBA from UCLA. -TA
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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, 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...
Eastdil Secured, Senior Managing Director
40 West 57th Street, 22nd Floor, New York, NY, (212) 315-7200
Adam Spies is a senior managing director at Eastdil Secured, one of New...
  • 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 189 West 89th Street
  • Neighborhood Upper West Side
  • Borough Manhattan
  • Price $ 140,000,000
notes
The Sagamore sold for $140 million.
  • Event Sales
  • Building Name La Premiere
  • Address 230 West 55th Street
  • Neighborhood Midtown West
  • Borough Manhattan
  • Square feet 200,000
  • Price $ 130,000,000
  • Price per foot $ 650.00
  • Publication Date 02/01/2007
  • Event Date 12/23/2006
  • Party 1 Goodstein brothers
  • Party 1 Brokerage Eastdil Secured
  • Party 1 Broker Douglas Harmon
  • Party 2 Harry Gross
notes
The building sold for $130 million, or $650 per square foot. Approximately 95 percent of the units are free-market.
  • Event Sales
  • Building Name The Gershwin
  • Address 250 West 50th Street
  • Neighborhood Midtown West
  • Borough Manhattan
  • Price $ 345,000,000
notes
Sold for $345 million; the building has 39,000 square feet of retail space.
  • 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
  • Building Name Hudson Crossing
  • Address 400 West 37th Street
  • Neighborhood Hudson Yards
  • Borough Manhattan
  • Price $ 90,000,000
notes
Sam Zell REIT makes buy
  • 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 222 West 23rd Street
  • Neighborhood Chelsea
  • Borough Manhattan
  • Square feet 175,900
  • Price $ 80,000,000
notes
The Hotel Chelsea sold for about $80 million.
  • Event Sales
  • Address 450 West 15th Street
  • Neighborhood Chelsea
  • Borough Manhattan
  • Square feet 291,216
  • Price $ 55,000,000
  • Publication Date 01/01/2005
  • Event Date 11/22/2004
  • Party 1 Moishe Mana and Erez Shternlicht
  • Party 1 Brokerage Eastdil Secured
  • Party 1 Broker Douglas Harmon
  • Party 2 Angelo, Gorden & Co.
notes
[EMPTY]
  • 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 14 Wall Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 1
  • Price $ 215,000,000
notes
Will remain office
  • Event Sales
  • Address 85 Tenth Avenue
  • Neighborhood Chelsea
  • Borough Manhattan
  • Square feet 600,000
  • Price $ 300,000,000
  • Publication Date 08/01/2005
  • Event Date 06/22/2005
  • Party 1 A. Gordon, Belvedere Capital, I. Cohen, ATC Management
  • Party 1 Brokerage Eastdil Secured
  • Party 1 Broker Douglas Harmon
  • Party 2 Somerset Partners
  • Party 2 Brokerage in-house
  • Party 2 Broker Keith Rubenstein, Marshall Allan
notes
Former Nabisco factory sold for $300 million; reportedly record price per sf for area
  • Event Sales
  • Building Name The Aston
  • Address 800 Sixth Avenue
  • Neighborhood NoMad
  • Borough Manhattan
  • Price $ 195,000,000
  • Publication Date 08/01/2005
  • Event Date 06/22/2005
  • Party 1 Adellco LLC and Cornerstone Properties
  • Party 1 Brokerage Eastdil Secured
  • Party 1 Broker Douglas Harmon
  • Party 2 Archstone-Smith
notes
Sold for $195 million; will stay rental
  • Event Sales
  • Address 620 Sixth Avenue
  • Neighborhood Flatiron
  • Borough Manhattan
  • Square feet 670,000
  • Price $ 280,000,000
notes
Sold for $280 million. The new owners will have the opportunity to build about 200,000 square feet of residential condos on top of the building.
  • 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 1211 Sixth Avenue
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 2
  • Price $ 1,500,000,000
  • Price per foot $ 800.00
notes
The 45-story office tower, which occupies the entire block between 47th and 48th streets, sold for approximately $1.5 billion, or $800 per square foot. Asking rents in the building, which is 53 percent leased to News Corp. and 13 percent leased to law firm Ropes & Gray, are rumored to be $60 to $90 per square foot. Jamestown, which acquired the property in 1999 for $600 million, will recognize a gain of nearly $1 billon on the deal.
  • 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 450 Park Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 330,000
  • Price $ 509,000,000
  • Price per foot $ 1,540.00
notes
Somerset has closed on its purchase of the Class A office property for $509 million, or $1,540 per square foot, the most ever paid for a U.S. office tower on a per-square-foot basis. Asking rents in the building are now in the range of $60 to $70 per square foot, but Somerset believes new leases can fetch up to $180 per square foot.
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