X


NAME


EMAIL


SUGGESTED
UPDATE


[wpgdprc "By using this form you agree with the storage and handling of your data by this website."]

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

80-90 Maiden Lane

80-90 Maiden Lane
New York, NY 10038
Office, Retail, Leasing/Rental

80-90 Maiden Lane is a two building portfolio in the Financial District totaling 583,000 square feet. The portfolio is comprised of a four-story, 33,500 square-foot office building with New York City-based supermarket Gristedes at its based and a 25-story, 550,000 square-foot office building with smaller office tenants, many paying below-market rents. In August 2014, Kushner Companies, a family-owned real estate developer and landlord, and Normandy Partners acquired a 50 percent stake in the portfolio from Chetrit Group, another family-owned developer and landlord. The deal values the buildings at about $210 million. The Chetrit Group used the proceeds from the Maiden Lane sale to buy out AM Property Holdings from its 50 percent stake in another property, 65 Broadway, a 21-story tower sometimes known as The American Express Building. This allowed Chetrit to avoid capital gains tax, through a 1031 Exchange.

-MK

  • Address 80-90 Maiden Lane
  • neighborhood Murray Hill
  • borough Manhattan
  • owner Kushner Companies
  • owner entity WASSCO LLC
  • floors 25
  • Year Built 1912
  • square feet 527,605
  • block and lot 1-00042-0031
  • BIN 1001015
  • Event Financing
  • Address 80 Maiden Lane
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 610,000
  • Price $ 250,000,000
notes
The lender issued a loan of $250 million for the Financial District portfolio.
  • Event Sales
  • Address 80-90 Maiden Lane
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 583,000
  • Price $ 54,000,000
  • Publication Date 10/01/2017
  • Event Date 09/06/2017
  • Party 1 Read Property Group
  • Party 2 Normandy Real Estate
notes
The real estate firm acquired a stake in the properties.
  • Event Office Leasing
  • Address 80 Maiden Lane
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 6,350
  • Publication Date 11/01/2014
  • Event Date 09/17/2014
  • Party 1 AM Property Holding II Corp
  • Party 1 Broker Paul Wasserman and Nathan Wasserman
  • Party 2 PC Tech USA
  • Party 2 Brokerage EVO Real Estate Group
  • Party 2 Broker Manny Syskrot, Diana Rau Siegel
notes
The school signed a lease.
  • Event Office Leasing
  • Address 80 Maiden Lane
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 2,852
  • Publication Date 04/01/2014
  • Event Date 02/20/2014
  • Party 1 A.M. Property Holding
  • Party 1 Brokerage In-house
  • Party 2 Empire State Pride Agenda
  • Party 2 Brokerage Cushman & Wakefield
  • Party 2 Broker Carry Lyon
notes
The community organization signed a lease for part of the ninth floor.
  • Event Office Leasing
  • Address 80 Maiden Lane
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 4,400
  • Price per foot $ 36.00
  • Publication Date 05/01/2012
  • Event Date 03/22/2012
  • Party 1 A.M. Property Holding
  • Party 1 Brokerage In-house
  • Party 2 Invisa Logistic Services
  • Party 2 Brokerage RedRock NYC, My NY Commercial Group
  • Party 2 Broker Taso Hatzimichael, Michael Moustakas
notes
The international visa services company signed a seven-year lease.
  • Event Office Leasing
  • Address 80 Maiden Lane
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 5,500
notes
The real estate firm signed a lease.
  • Event Office Leasing
  • Address 80 Maiden Lane
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 4,358
  • Publication Date 10/01/2011
  • Event Date 08/22/2011
  • Party 1 A.M. Property Holding
  • Party 2 Ottenheimer Health
  • Party 2 Brokerage Capstone Realty Advisors
  • Party 2 Broker Joseph McLaughlin, Kevin Phelan
notes
The medical office signed a long-term lease on the ninth floor.
  • Event Office Leasing
  • Address 80 Maiden Lane
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 2,820
  • Publication Date 08/01/2008
  • Event Date 06/22/2008
  • Party 1 Brokerage A.M. Property Holding
  • Party 1 Broker Paul Wasserman
  • Party 2 Starr Whitehouse
  • Party 2 Brokerage Hunter Realty
  • Party 2 Broker Richard Gottlieb, Ryan Rozins
notes
The landscape architects signed a 10-year lease.
  • Event Office Leasing
  • Address 80 Maiden Lane
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 11,490
  • Publication Date 03/01/2006
  • Event Date 01/20/2006
  • Party 1 A.M. Property Holding
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Nathan Wasserman, Stuart Romanoff
  • Party 2 Lower East Side Service Center
  • Party 2 Brokerage Cassidy Turley
  • Party 2 Broker David Lebenstein, Arlene Wysong, Stephen Bellwood
notes
Nonprofit social service agency signs 10-year lease, moves from 157 Chambers Street, which is going residential.
  • Event Office Leasing
  • Address 80 Maiden Lane
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 3,245
  • Publication Date 02/01/2006
  • Event Date 12/23/2005
  • Party 1 A.M. Property Holding
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Stuart Romanoff, Lawrence Tannenbaum, Nathan Wasserman
  • Party 2 International Gay & Lesbian Human Rights Commission
  • Party 2 Brokerage Cushman & Wakefield
  • Party 2 Broker Carri Lyon
notes
Commission signs seven-year lease for part of the 15th floor, moves from Empire State Building.
  • Event Office Leasing
  • Address 80 Maiden Lane
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 8,523
  • Publication Date 02/01/2006
  • Event Date 12/23/2005
  • Party 1 A.M. Property Holding
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Stuart Romanoff, Lawrence Tannenbaum, Nathan Wasserman
  • Party 2 National Gay & Lesbian Task Force
  • Party 2 Brokerage Cushman & Wakefield
  • Party 2 Broker Carri Lyon
notes
Organization signs 10-year lease for part of the 15th floor, moves from 90 William Street.
  • Event Office Leasing
  • Address 80 Maiden Lane
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 63,000
  • Publication Date 04/01/2005
  • Event Date 02/20/2005
  • Party 1 A.M. Property Holding
  • Party 2 Office of Children and Family Services, Department of Health
  • Party 2 Brokerage Staubach Company
notes
State agencies consolidate their offices on 23rd and 24th floor