Eastgate Realty | The Real Deal New York

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Eastgate Realty

410 Park Avenue
New York, NY 10022
Website
Eastgate-Realty

Eastgate Realty Corp. owns and operates four buildings in Midtown: at 99 Park Avenue, 120 Park Avenue, 875 Third Avenue and 410 Park Avenue. In that role it caters to Fortune 500 corporations and hedge funds as well as nonprofits.

Eastgate isn't limited to Midtown, however, and has made some recent plays to buy up properties downtown, including the 2010 purchase of the Salvation Army's building at 18 Gramercy Park South. The firm also has been consolidating its ownership of other buildings. In 2014 , it paid $100 million and bought out the remaining shares at 875 Third Avenue, taking control of the 29-story office building.

Eastgate is a subsidiary of real estate investment company Global Holdings, which was formed in the 1980s. Global Holdings typically is the largest investor in each of its funds, and often partners with other real estate power brokers, such as the Zeckendorfs and the Rudin family, which in turn grants Eastgate additional leverage in deals.


07/18/17
...rule the world? - $250 million Eyal Ofer’s Eastgate Realty is now known by the more ominous-sounding of Global Holdings Management Group, but the...

06/21/17
...Avenue UPDATED: June 23, 1:30 p.m.: The Ofer family's Eastgate Realty  — which was recently renamed Global Holdings Management Group — bagged a $250 million loan to refinance...

06/23/15
...Its New York office has been located at Eastgate Realty’s 875 Third Avenue in Midtown East since 2002. There, the firm occupies about 111,000 square feet...

02/20/15
...lease for the 30,000-square-feet penthouse office space at Eastgate Realty’s 29-story Midtown building at 875 Third Avenue. Asking rent at the 720,000-square-foot building, between...

09/09/14
...software company Numerix is taking 31,615 square feet at Eastgate Realty’s 99 Park Avenue, The Real Deal has learned. Numerix is taking space formerly occupied...

05/29/14
...estate practice in New York, is relocating to Eastgate Realty’s 875 Third Avenue, where it will take more than 87,000 square feet, The Real Deal...

01/22/14
...Third Avenue and Eastdil's Doug Harmon Midtown-based landlord Eastgate Realty has paid nearly $100 million to acquire the remaining 20 percent stake in 875 Third Avenue, making...

...building’s 15th floor. Asking rents in the Eastgate Realty...

09/10/13
...space. Asking rents in the building, owned by Eastgate Realty, are in the $50s per square foot. Contour will hold a four-year lease, which...

05/21/13
...wraparound terrace, the Post said. Global Holdings affiliate Eastgate Realty owns the building, which has now reached full occupancy, the Post said. Jones Lang...

03/01/13
...an affiliate of the real estate investment firm Eastgate Realty. There were no brokers on the deal, which closed Feb. 22. The sale has not...

...square feet in three Midtown buildings owned by Eastgate Realty. With those properties alone, Jones Lang LaSalle has already inflicted real pain on its...

02/16/11
...up at least three buildings owned by Midtown-based Eastgate Realty with more than 1.7 million square feet. The buildings are the 550,000-square-foot 99 Park Avenue, the...

08/05/10
...the building. The property was purchased, however, by Eastgate Realty, an office building developer. No word yet on how the building will be used...
Eastgate Realty
410 Park Avenue, New York, NY, 212-355-1500
Working for her father, renowned real estate investor Eyal Ofer, at his company...
Eastgate Realty, Executive Vice President
410 Park Avenue, New York, NY, (212) 355-1500
Wendy Mosler is executive vice president at Eastgate Realty Corp., which is known...
Eastgate Realty, Managing Director, West Coast
410 Park Avenue, New York, NY, 212-355-1500
Tim Kitchen is managing director of Eastgate Realty Corp.’s West Coast division, a...
Eastgate Realty, President
410 Park Avenue, New York, NY, 212-355-1500
Samuel Kellner runs Eastgate Realty Corp., which in turn owns and operates four...
  • Event Financing
  • Address 99 Park Avenue
  • Neighborhood Murray Hill
  • Borough Manhattan
  • Price $ 250,000,000
notes
The real estate firm refinanced this building
  • Event Office Leasing
  • Address 410 Park Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 11,250
notes
I Squared Capital, a global infrastructure investment company, signed a 5-year lease renewal.
  • Event Office Leasing
  • Address 99 Park Avenue
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 16,057
notes
The company signed a lease.
  • Event Office Leasing
  • Address 875 Third Avenue
  • Neighborhood Midtown East
  • Borough Manhattan
  • Square feet 30,000
  • Event Office Leasing
  • Address 99 Park Avenue
  • Neighborhood Murray Hill
  • Borough Manhattan
  • Square feet 12,268
notes
The Long Island-based bank will open its second location in Manhattan. It will occupy retail space on the ground floor and lower level, and office space on the eighth floor.
  • Event Office Leasing
  • Address 99 Park Avenue
  • Neighborhood Murray Hill
  • Borough Manhattan
  • Square feet 31,615
notes
The risk management software company signed a sublease on the fifth floor. The building is owned by Eastgate Realty.
  • Event Office Leasing
  • Address 875 Third Avenue
  • Neighborhood Midtown East
  • Borough Manhattan
  • Square feet 87,126
notes
The law firm signed a 15-year lease.
  • Event Office Leasing
  • Address 545 Eighth Avenue
  • Neighborhood Hudson Yards
  • Borough Manhattan
  • Square feet 3,898
  • Publication Date 04/01/2014
  • Event Date 02/20/2014
  • Party 1 Eastgate Realty
  • Party 1 Brokerage In-house
  • Party 2 Association for Rehabilitative Case Management and Housing
  • 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 120 Park Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 68,000
notes
The media company signed an expansion lease on three floors, the New York Post reported. The tenant is adding to its existing 400,000 square feet of space at the building.
  • Event Sales
  • Address 211 East 43rd Street
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 177,000
  • Price $ 61,000,000
  • Price per foot $ 344.63
notes
The property sold for $61 million. The building is about 90 percent leased to approximately 125 tenants.
  • Event Office Leasing
  • Address 99 Park Avenue
  • Neighborhood Murray Hill
  • Borough Manhattan
  • Square feet 30,000
notes
The law firm signed a 10-year lease renewal on the seventh floor, the New York Observer reported.
  • Event Office Leasing
  • Address 545 Eighth Avenue
  • Neighborhood Hudson Yards
  • Borough Manhattan
  • Square feet 1,659
  • Price per foot $ 32.00
  • Publication Date 08/01/2012
  • Event Date 06/22/2012
  • Party 1 Eastgate Realty
  • Party 1 Brokerage Eastgate Realty
  • Party 1 Broker Joe Pierotti
  • Party 2 Fritz-McDonald Company
  • Party 2 Brokerage VIZA Group
  • Party 2 Broker Marie Hammoudi
notes
The consulting firm inked a five-year lease.
  • Event Office Leasing
  • Address 545 Eighth Avenue
  • Neighborhood Hudson Yards
  • Borough Manhattan
  • Square feet 742
  • Price per foot $ 32.00
  • Publication Date 08/01/2012
  • Event Date 06/22/2012
  • Party 1 Eastgate Realty
  • Party 1 Brokerage Eastgate Realty
  • Party 1 Broker Joe Pierotti
  • Party 2 Babel Fair
  • Party 2 Brokerage VIZA Group
  • Party 2 Broker Marie Hammoudi
notes
The fashion showroom inked a four-year lease.
  • Event Office Leasing
  • Address 875 Third Avenue
  • Neighborhood Midtown East
  • Borough Manhattan
  • Square feet 110,000
notes
The private equity firm signed a 10-year lease. The company is relocating from 299 Park Avenue.
  • Event Office Leasing
  • Address 211 East 43rd Street
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 2,488
  • Publication Date 07/01/2011
  • Event Date 05/22/2011
  • Party 1 Brokerage Eastgate Realty
  • Party 1 Broker Bob Hinds
  • Party 2 C-FAM
  • Party 2 Brokerage Vicus Partners
  • Party 2 Broker Waite Buckley
notes
The nonprofit signed a seven-year lease on part of the 13th floor.
  • Event Office Leasing
  • Address 120 Park Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 400,000
notes
The media company signed a lease for 16 floors. It plans to move into the new office later this year. The company also has nearly 900,000 square feet at its headquarters at 731 Lexington Avenue.
  • Event Office Leasing
  • Address 99 Park Avenue
  • Neighborhood Murray Hill
  • Borough Manhattan
  • Square feet 10,824
notes
The advertising firm signed a new lease.
  • Event Office Leasing
  • Address 410 Park Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 14,278
notes
The financial services firm signed a new lease.
  • Event Office Leasing
  • Address 410 Park Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 14,278
notes
The financial services firm signed a new lease.
  • Event Sales
  • Address 18 Gramercy Park South
  • Neighborhood Gramercy Park
  • Borough Manhattan
  • Square feet 83,000
  • Price $ 60,000,000
  • Price per foot $ 722.89
  • Publication Date 09/01/2010
  • Event Date 07/23/2010
  • Party 1 Salvation Army
  • Party 2 Eastgate Realty
notes
The former hotel sold for $60 million.
  • Event Office Leasing
  • Address 1841 Broadway
  • Neighborhood Lincoln Square
  • Borough Manhattan
  • Square feet 1,450
  • Publication Date 09/01/2010
  • Event Date 07/23/2010
  • Party 1 Brokerage Eastgate Realty
  • Party 1 Broker Walter Morrison
  • Party 2 Rapid Tax Filing
  • Party 2 Brokerage NYCRS
  • Party 2 Broker Lou Posner
notes
The tax filing company signed a one-year lease.
  • Event Office Leasing
  • Address 410 Park Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 9,538
notes
The real estate firm signed a lease.
  • Event Office Leasing
  • Address 410 Park Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 9,538
notes
The real estate firm signed a lease.
  • Event Office Leasing
  • Address 410 Park Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 9,583
notes
The principal investment firm signed an expansion lease.
  • Event Office Leasing
  • Address 410 Park Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 9,583
notes
The principal investment firm signed an expansion lease.
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