Angelo, Gordon & Co. | The Real Deal New York

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Angelo, Gordon & Co.

245 Park Avenue, Unit #26
New York, NY 10167
(212) 692-2000
Website
information@angelogordon.com

Angelo Gordon & Co. is a privately held investment advisor with a focus on alternative investing. The firm was founded in 1988 by John Angelo (who passed away in early 2016) and began investing in commercial real estate a couple years later, by investing in the distressed debt of several bankrupt real estate companies. By 1993, Angelo Gordon began to reposition its real estate holdings to focus on increasing operating income. The firm eventually acquired more than $13 billion in properties and boasts more than $26 billion in total assets under management. The firm has shown no signs of slowing down. In 2013 it added two more floors to its office space on East 46th Street. In 2015 the firm raised more than $1.3 billion for its most recent real estate fund (mainly from pensions and other institutional investors), which will target sub-performing properties. The newest fund has already committed many of its fund, including $510 million on the acquisition of the office tower on 575 Lexington Avenue.


01/18/18
Another quarter, another massive Jehovah’s Witnesses deal in Brooklyn. The religious organization’s $202.5 million sale of 21 Clark Street topped the list of Brooklyn’s biggest...

12/01/17
UPDATED, 6:12 p.m., Dec. 1: The owners of Industry City have landed a loan totaling $196 million from the Bank of China. The loan consists of...

11/15/17
Cleveland-based real estate company Stark Enterprises has moved into the New York market with its $92 million purchase of the ground lease at 30 Flatbush...

08/09/17
Condé Nast is taking a bite out of Industry City. The publishing giant signed a lease for 6,356 square feet at the Sunset Park complex,...

07/19/17
From the Los Angeles summer issue: The bromance between Jonathan Gray and Roy March is on full display in Los Angeles this year, as the CEOs...

New Google campus could double Downtown San Jose’s office market Google is in discussions with the city of San Jose, California, to develop a 6...

02/17/17
Angelo, Gordon & Co. is looking to sell the ground lease under a 250,000-square-foot office building in Downtown Brooklyn for $100 million. Tags: angelo gordon,...

11/30/16
Industry City, where the Brooklyn Nets just opened a new training facility, may seem like an ideal spot for a sporting goods shop, but developers...

08/18/16
Specialty contractor and architecture firm EverGreene Architectural Arts, whose current projects include the New York Public Library and Bergdorf Goodman, is moving its home base...

07/21/16
One of the “Big Four” advertising agencies is saying “oui” to Brooklyn. French colossus Publicis Groupe inked a lease for its first Kings County office,...

06/23/16
Joseph Sitt’s big play on Madison Avenue hasn’t gone according to plan. Tags: 680 madison avenue, Gold Coast, Thor Equities...

06/23/16
The developers renovating the massive Industry City office complex in Sunset Park have embarked on the next phase of the project: a 1,200-foot-long retail hub....

05/03/16
UPDATED, 8:46 p.m., May 3: Normandy Real Estate Partners is in contract to buy a nearly 138,000-square-foot Greenwich Village office building for about $100 million,...

03/03/16
The city will dole out $150 million to developers looking to build industrial space, part of Mayor Bill de Blasio’s push to bring more manufacturers...

12/23/15
The Bank of China and SL Green increased their loan for the massive Sunset Park complex Industry City to $403 million, up from $220 million,...

12/23/15
If one had to give 2015 a moniker, “The Year of the $100 Million Apartment” might be most apt. At least four new projects announced...

12/10/15
Angelo, Gordon & Co. raised $1.3 billion for its latest real estate fund, thus beating its fundraising goal by $300 million. The Midtown-based investment firm’s...

One of the long-held truths in New York real estate is that the city is woefully under-retailed. Last year, Barbara Byrne Denham, an economist at...

11/04/15
Jamestown Properties purchased a 37-year master lease interest for a Lincoln Square retail condominium that houses a Lowe’s Home Improvement for more than $70 million....

10/26/15
UPDATED, 10:30 a.m., Oct. 27: The Bank of China and SL Green Realty are lending $220 million to the Industry City megadevelopment in Sunset Park in a...

10/08/15
The Vanbarton Group picked up Riverdale Crossing, a new shopping center in the northwest Bronx, for $133 million, just days after construction wrapped. Tags: angelo...

09/21/15
Westbrook Partners and Invesco Real Estate are among the investors bidding on a massive industrial building near the Brooklyn Navy Yard in a deal that...

09/17/15
Angelo, Gordon & Co. closed on its $510 million acquisition of 575 Lexington Avenue in Midtown from Normandy Real Estate Partners. The Midtown-based investment firm...

A few years ago, law firms were cutting their payrolls and scrambling to refocus their practices on bankruptcies and restructurings. Indeed, the real estate law...

03/06/15
Jamestown Properties, Belvedere Capital and Angelo, Gordon & Co. — a partnership that bought a large stake in Industry City two years ago — plans...
Angelo, Gordon & Co., Managing Director
245 Park Avenue, New York, NY, 212.692.2000
Adam Schwartz joined Angelo, Gordon in 2000 and is the head of the...
Bronx, 10463
EIB RIVERDALE CROSSING LLC
The Riverdale Crossing shopping complex is one of the newer retail outlets in...
Manhattan, 10022
575 LEX PROPERTY OWNE
...
Brooklyn, 11201
SDS PROCIDA DEVELOPMENT GROUP, BE @ 189 SCHERMERHORN, LP
The sponsor(s) filed plans on 11/16/07 for a condo project at 189 Schermerhorn...
Brooklyn, 11232
1-10 BUSH TERMINAL OW
882 Third Avenue in Brooklyn’s Sunset Park neighborhood is a waterfront industrial complex...
Manhattan, 10065
EXTELL DEVELOPMENT, 680 RESIDENTIAL OWNER, LLC
The sponsor(s) filed plans on 10/13/11 for a co-op project at 19 East...
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