search

The Real Deal Logo

Trending

Bushburg buying Rudin’s half-empty FiDi office building for $160MBushburg buying Rudin’s half-empty FiDi office building for $160MDevelopers have a new tax break. Now they must figure it outDevelopers have a new tax break. Now they must figure it outBrookfield’s deal to sell 777 Tower in Downtown LA collapsesBrookfield’s deal to sell 777 Tower in Downtown LA collapsesHousing deal finally passes; here are the detailsHousing deal finally passes; here are the details
New York

Equity Office hires L&L exec to oversee NYC operations

Simon Wasserberger oversaw redevelopment projects like 222 Broadway

Simon Wasserberger and Equity's Eli Khouri
Simon Wasserberger and Equity's Eli Khouri

Blackstone Group hired L&L Holding’s Simon Wasserberger as a senior vice president to oversee Equity Office’s New York operations.

Blackstone’s funds bought Equity Office, which owns and manages 47 million square feet of office space across the U.S., for $36 billion in 2006. The deal was reported to be the largest leveraged buyout in history.

Sign Up for the undefined Newsletter

Equity Office owns five Manhattan office buildings — 114 West 41st Street, 1740 Broadway, 44 Wall Street, 5 Bryant Park and 65 East 55th Street — according to its website.

As a managing director at L&L [TRDataCustom], Wasserberger oversaw several redevelopment projects, including 222 Broadway. Prior to joining the firm in 2010, he worked at CBRE and Tishman Speyer. — Konrad Putzier

Tags
Blackstone Group