Alexico Group | The Real Deal New York

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Alexico Group

150 East 58th Street, #33
New York, NY
(212) 371-8188
Website
alexico-group
Alexico Group

Alexico Group is a New York-based luxury condominium and hotel developer, best known for the Herzog & de Meuron-designed tower at 56 Leonard Street, built in conjunction with Hines. Like many firms, Alexico ran into trouble in the financial crisis, going into foreclosure on two of its buildings (Flatotel and Alex Hotel) in 2012.


08/05/16
A rapidly-evolving skyline like New York’s means the supply of Instagram-worthy locations is always being replenished. Soaring supertalls and glitzy retail spaces are inspiring locals and...

05/11/16
More than three years after sales launched, buyers at 56 Leonard can finally close on their units at the Tribeca condominium, the developers said Wednesday....

56-Leonard
04/03/16
...new eight-foot ceilings,” said Izak Senbahar, the president of the Alexico Group, a developer behind the TriBeCa condo tower 56 Leonard...

03/25/16
Can you buy a piece of the sky? Maybe not, but high-end buyers are searching for that expansive feeling at their pads, and developers are...

02/02/16
UPDATED, 5:29 p.m., Feb. 2: Making a rare foray into the mortgage world, Aby Rosen and Michael Fuchs’ RFR Holding acquired a $60 million mezzanine...

11/04/15
In Hollywood, they call it “development hell.” Film productions become mired in limbo at various stages between start and finish. Ideas collect dust on a...

10/07/15
From left: Greenwich Lane in the West Village, 56 Leonard Street in Tribeca, 432 Park Avenue in Midtown (Credit: DBOX) With dozens of luxury condo...

09/25/15
Sales have been brisk at pricey Downtown developments like 56 Leonard Street, 30 Park Place and 50 West Street, with most of the inventory under...

07/26/15
The 60th story of Tribeca’s most eye-catching skyscraper, Herzog & de Meuron’s 56 Leonard, is now complete, officially topping off the tower. Tags: 56 leonard...

06/04/15
...HFZ Capital Group's Ziel Feldman, The Moinian Group's Joe Moinian, Alexico Group president Izak Senbahar and the Marketing Directors' Adrienne Albert discuss...

05/12/15
...held at the Metropolitan Pavilion, where they were joined by Alexico Group’s Izak Senbahar and the Marketing Directors’ Adrienne Albert. In...

05/04/15
...will feature the likes of Xinyuan Real Estate's John Liang, Alexico Group CEO Izak Senbahar, HFZ Capital's Ziel Feldman, the Moinian Group's...

04/21/15
As the first lady of new development marketing in the 1980s, 1990s and early 2000s, Louise Sunshine left her mark on more than 75 projects...

04/14/15
...be developed to more than twice that size. The seller, Alexico Group, offloaded another First Avenue development site for $64 million last year...

02/11/15
Fathers are expected to guide their sons along in the family business. But real estate investor Arnold Penner is being accused by his son of...

10/30/14
A top-performing broker team from Brown Harris Stevens, along with a five-member team from the Corcoran Group, are the latest catches for real estate brokerage...

10/22/14
Luxury apartments don’t always sell like hotcakes. “Every broker in New York has had a listing that lingers and you don’t know why sometimes,” said...

07/10/14
...years amid the financial meltdown, were officially launched in March 2013. Alexico Group and Hines are the developers. The available homes range from...

04/27/14
...Since then, construction on the Jenga-like tower being developed by Alexico Group and Hines has made significant progress, finally giving buyers a...

04/21/14
...of condominiums, bucking the trend for luxury condo towers like Alexico Group...

03/21/14
Developers are taking advantage of New Yorkers’ desire for green space by maximizing the amount of “outdoor living” a space offers — and then charging...

03/14/14
The Chetrit Group and Clipper Equity’s 47-story building at 135 West 52nd Street is slated to hold 109 one- to four-bedroom condominium units, including five...

03/11/14
New renderings were leaked of Bill Rudin’s tower slated for 55 Broad Street in the Financial District, revealing yet another lofty structure coming to Lower...

02/19/14
The Corcoran Group’s Lindsay Barrett, Deborah Rieders and Maria Manuche were winners of the company’s top honors at its annual awards ceremony. Tags: Carrie Chiang...

01/02/14
It’s been a great year for real estate in many respects, with residential and retail rents reaching new highs and office towers trading for billions....
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  • Event Financing
  • Address 25 East 77th Street
  • Neighborhood Upper East Side
  • Borough Manhattan
  • Square feet 8,100
  • Price $ 60,000,000
notes
The company secured a $60 million mezzanine loan.
  • Event Sales
  • Building Name 953-961 First Avenue
  • Address 953 First Avenue
  • Neighborhood Midtown East
  • Borough Manhattan
  • Price $ 64,000,000
notes
The stalled development site sold for $64 million. The buyer plans to develop the site as a condominium. The project was previously designed as a rental building by Alexico Group.
  • Event Financing
  • Address 56 Leonard Street
  • Neighborhood Tribeca
  • Borough Manhattan
  • Publication Date 02/01/2013
  • Event Date 12/23/2012
  • Party 1 Alexico Group
notes
A $350 million construction loan was secured for the 830-foot condo project. The development stalled following the financial crisis but restarted in October 2012. A sales effort led by Corcoran Sunshine Marketing Group is set to begin this quarter. New construction condo building.
  • Event Sales
  • Address 400 East 67th Street
  • Neighborhood Lenox Hill
  • Borough Manhattan
  • Price $ 61,600,000
notes
The retail condos sold for $61.6 million.
  • Event Sales
  • Address 201 East 25th Street
  • Neighborhood Kips Bay
  • Borough Manhattan
  • Price $ 15,050,000
  • Price per foot $ 169,101.00
notes
The package of 29 apartments at 201 East 25th Street and 60 units at 200 East 27th Street sold in a foreclosure auction for $15.05 million. The price comes out to about $169,101 per apartment. Includes 200 East 27th Street.
  • Event Retail Leasing
  • Address 1240 First Avenue
  • Neighborhood Lenox Hill
  • Borough Manhattan
  • Square feet 4,000
notes
The bank signed a lease at the base of the Laurel condo for another location.
  • Event Sales
  • Address 230 Riverside Drive
  • Neighborhood Upper West Side
  • Borough Manhattan
  • Square feet 183,200
  • Price $ 41,400,000
  • Price per foot $ 225.98
notes
Alexico purchased nearly half of a 261-unit condo conversion for $41.4 million, paying prices ranging from $137,000 to $555,000 for each home.
  • Event Retail Leasing
  • Building Name Mark Hotel
  • Address 996 Madison Avenue
  • Neighborhood Upper East Side
  • Borough Manhattan
  • Square feet 600
  • Publication Date 05/01/2008
  • Event Date 03/22/2008
  • Party 1 Alexico Group
  • Party 1 Brokerage RKF
  • Party 1 Broker Beth Rosen, Sal Ferrigno
  • Party 2 Jack Vartanian
  • Party 2 Brokerage Eychner Associates
  • Party 2 Broker Alex Cesar
notes
The Brazilian jeweler inked a 10-year lease. The reported asking rent was $1,000 per square foot.
  • Event Office Leasing
  • Address 373 Third Avenue
  • Neighborhood Kips Bay
  • Borough Manhattan
  • Square feet 2,600
notes
Company planning expansion throughout NY area
  • Event Office Leasing
  • Address 373 Third Avenue
  • Neighborhood Kips Bay
  • Borough Manhattan
  • Square feet 2,600
notes
Company planning expansion throughout NY area
Manhattan, 10075
MADISON SEVENTY-SEVE
...
Manhattan, 10014
Alexico Group
...
Manhattan, 10022
Alexico Group
...
Manhattan, 10065
Alexico Group
...
Manhattan, 10013
Alexico Group, 56 LEONARD, LLC
...
Manhattan, 10019
Clipper Equity, Chetrit Group, 135 WEST 52ND STREET OWNER LLC
135 West 52nd Street, formerly Midtown Flatotel hotel, is being converted to a...
Manhattan, 10022
Toll Brothers, TOLL FIRST AVENUE LLC
The Sutton, at 959 First Avenue, is an under construction condo high-rise in...

11/04/15
In Hollywood, they call it “development hell.” Film productions become mired in limbo at various stages between start and finish. Ideas collect dust on a...

10/07/15
From left: Greenwich Lane in the West Village, 56 Leonard Street in Tribeca, 432 Park Avenue in Midtown (Credit: DBOX) With dozens of luxury condo...

They’ve brokered billions of dollars in deals, broken records, and launched companies. And they’ve all done it all in a cutthroat and unforgiving industry that’s...
Manhattan, 10013
Alexico Group, 56 LEONARD, LLC
...
Manhattan, 10019
Clipper Equity, Chetrit Group, 135 WEST 52ND STREET OWNER LLC
135 West 52nd Street, formerly Midtown Flatotel hotel, is being converted to a...
Manhattan, 10022
Toll Brothers, TOLL FIRST AVENUE LLC
The Sutton, at 959 First Avenue, is an under construction condo high-rise in...
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