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Goldman Sachs

200 West Street
New York, NY 10001
(212) 902-1000
Website
GOLDMAN SACHS

Goldman Sachs is one of the biggest banks in the United States with $34.21 billion in revenue in 2013 and $912 billion in assets. As such, it is one of the biggest financiers of real estate development in the nation, including in New York City.

The projects that Goldman Sachs have helped finance in the city include the skyscraper next to the Museum of Modern Art and the ultra-luxury condo 15 Central Park West. The banks also deals heavily in bonds backed by real estate. Moreover, Mayor Bill de Blasio in December 2013 picked former Goldman Sachs executive Alicia Glen to be deputy mayor for housing and economic development.

The bank has also developed its own real estate, namely its 44-story global headquarters at 200 West Street in downtown Manhattan, which opened in 2009.

Goldman Sachs was founded in 1869 in New York. The bank is led by chairman and CEO Lloyd Blankfein. -TA


Developers still see a bargain in Jersey City
...building in New Jersey, edging out the 785-foot Goldman Sachs tower just three blocks away. The amenities at 99 Hudson are a good example of...

WATCH: Jean Nouvel on fitting 53W53 into NYC’s skyline, architecture as art and more
07/04/18
...being developed by Hines, Pontiac Land Group and Goldman Sachs. Current prices at the tower, which has a $2.1 billion projected sellout, range from about...

Will Cushman fall flat on Wall Street?
07/02/18
...banks about planning an IPO. It ultimately hired Goldman Sachs, Morgan Stanley, JPMorgan Chase and UBS as underwriters. As with its biggest rivals, Cushman...

Will Cushman fall flat on Wall Street?
...banks about planning an IPO. It ultimately hired Goldman Sachs, Morgan Stanley, JPMorgan Chase and UBS as underwriters. As with its biggest rivals, Cushman...

Here are the quiet tricks NYC retail landlords use to boost rent rolls
06/29/18
...an $800 million financing package from Deutsche Bank and Goldman Sachs. But as of July 2017, the building’s income was 30-plus percent below what it...

WeWork “cracked the code,” but has it hit a ceiling?: panel
06/26/18
...question about whether he would prefer WeWork or Goldman Sachs as an anchor tenant for 2 World Trade Center, laughingly describing it as “not a...

WATCH: Jean Nouvel on fitting 53W53 into NYC’s skyline, architecture as art and more
06/25/18
...being developed by Hines, Pontiac Land Group and Goldman Sachs. Current prices at the tower, which has a $2.1 billion projected sellout, range from about...

Southeast Asia’s tallest tower ensnared in 1MDB scandal gets bailout
06/23/18
...Journal they were also looking into the $600 million Goldman Sachs made from placing bonds worth about $6.5 billion for the fund. Goldman's spokesperson told the...

National Cheat Sheet: Cushman & Wakefield files for IPO … & more
06/22/18
...offering, which garnered lukewarm results initially. JP Morgan, Goldman Sachs, UBS Investment Bank and Morgan Stanley will be the book-runners for Cushman’s offering...

Cadre eyes Google, Facebook employees in bid for customers
06/22/18
...Getty Images) Fresh off a partnership deal with Goldman Sachs, the Kushner-backed real estate investment startup Cadre could soon turn to Google and Facebook...

Starchitect, schmarchitect? Why top-tier design doesn’t necessarily translate to premium prices in the Hamptons
06/20/18
...a seven-bedroom, 10,000-square-foot mansion on Further Lane for Goldman Sachs partner James Marcus. When Marcus died, the property — which features four fireplaces, a pool...

Cushman files paperwork for its IPO
06/20/18
...the SEC in June. Morgan Stanley, JP Morgan, Goldman Sachs and UBS Investment Bank will serve as the joint book-runners managing the offering. Cushman...

Vornado, Stellar land $675M refi for Independence Plaza
06/12/18
...announced Tuesday. Sources familiar with the deal said Goldman Sachs is the lender. The bank declined to comment. The seven-year loan has a fixed...

Starchitect, schmarchitect?
...a seven-bedroom, 10,000-square-foot mansion on Further Lane for Goldman Sachs partner James Marcus. When Marcus died, the property — which features four fireplaces, a pool...

For second year, major Hong Kong REIT buys back shares
06/09/18
...by Hong Kong-based Gaw Capital Partners, which included Goldman Sachs and China Great Wall Asset Management, made a deal to buy 17 malls from Link...

On the outside looking in: Jean Nouvel wishes he got to design interiors of 53W53
06/08/18
...developing the tower with Pontiac Land Group and Goldman Sachs. "The goal in selecting these materials and designing these finishes was to create residences...

Why the condo inventory loan is having
a moment
06/08/18
...lot.” Karson added that with deep-pocketed partners like Goldman Sachs, Hines very likely has the flexibility to adjust its financing to meet the market...

These were the top 10 outer borough loans in April
06/04/18
...Read Property Group. 7. An American in Jamaica – $50 million Goldman Sachs loaned United American Land $50 million for its building at 160-08 Jamaica Avenue in Queens...

Chetrit heir partners with London firm for $250M Manhattan RE fund
06/01/18
...security token trading platforms and, in February, the Goldman Sachs...

These were the 10 largest Manhattan real estate loans in April
06/01/18
...with BFC Partners, L+M Development Partners and Goldman Sachs — has $1.5 billion in mixed-use development underway in the Lower East Side, including more than...

Fifth Wall raising another $200M for retail tech startups
05/24/18
...his stripes as a real estate analyst at Goldman Sachs before joining Blackstone's real estate division. The firm last year raised $212 million from 66 investors...

Jennifer Connelly, Paul Bettany snag Brooklyn Heights townhouse
05/22/18
...the co-chairman of global mergers & acquisitions at Goldman Sachs, and his wife purchased the 25-foot wide home for $10.75 million in 2006. Billy Hult, president...

Cadre in talks with SoftBank for $100M investment
05/22/18
...Horowitz and a fund founded by George Soros. Goldman Sachs also committed to investing $250 million of client's money on commercial properties on the platform...

Ohio teachers’ pension fund makes $432M investment in Hudson Yards
05/18/18
...the property’s debt from Deutsche Bank and Goldman Sachs, valued the tower at $2.15 billion. The pension plan’s investment is the latest infusion...

Day in the life of: James Patchett
05/14/18
...previously worked under Glen as vice president at Goldman Sachs’ Urban Investment Group. A few of the projects Patchett is overseeing at EDC include...
For more info, click here
  • Event Financing
  • Address 641 Fifth Avenue
  • Neighborhood Midtown
  • Borough Manhattan
  • Price $ 760,000,000
notes
The borrower secured a $760 million refinance for the commercial portion of the Olympic Tower and 3 additional properties.
For more info, click here
  • Event Financing
  • Address 135 East 57th Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Price $ 85,000,000
notes
The corporation secured an $85,000,000 refi loan, consolidating a new $7 million loan and a remaining $79 million loan from Deutsche Bank.
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  • Event Financing
  • Address 292-296 Fifth Avenue
  • Neighborhood Nomad
  • Borough Manhattan
  • Square feet 5,769
  • Price $ 26,172,000
notes
The entity secured a $26,172,000 loan.
For more info, click here
  • Event Office Leasing
  • Address 1000 Dean Street
  • Neighborhood Crown Heights
  • Borough Brooklyn
  • Square feet 17,000
notes
The co-working company signed a lease to open its first location.
For more info, click here
  • Event Financing
  • Address 285 Madison Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 530,000
  • Price $ 200,000,000
  • Publication Date 02/01/2017
  • Event Date 12/18/2016
  • Party 1 RFR Holding
  • Party 2 Aareal Capital Corporation, Goldman Sachs
notes
The company secured a $200 million loan for its office building.
For more info, click here
  • Event Financing
  • Address 350 Park Avenue
  • Neighborhood Central Midtown
  • Borough Manhattan
  • Square feet 30
  • Price $ 400,000,000
notes
The company secured a loan for its fully lease office and retail building.
For more info, click here
  • Event Financing
  • Address 15-01 86th Street
  • Neighborhood Bensonhurst
  • Borough Queens
  • Price $ 97,000,000
notes
The company secured a $97 million loan and includes 6628 18th Avenue, 38-02 Junction Boulevard and 329 Wyckoff Avenue.
For more info, click here
  • Event financing
  • Address 590 Madison Avenue
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 1,007,420
  • Price $ 650,000,000
  • Publication Date 11/01/2015
  • Event Date 09/22/2015
  • Party 1 State Teachers Retirement System of Ohio
  • Party 1 Brokerage Cushman & Wakefield
  • Party 2 Goldman Sachs Mortgage Company
notes
The pension fund secured a $650 million loan.
For more info, click here
  • Event Financing
  • Address 45 East 22 Street
  • Neighborhood Flatiron
  • Borough Manhattan
  • Square feet 372,000
notes
A $420 million deal was arranged. 60-story, 83-units.
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  • Event Sales
  • Address 45 West 44th Street
  • Neighborhood Theater District
  • Borough Manhattan
  • Price $ 272,000,000
  • Publication Date 11/01/2014
  • Event Date 09/17/2014
  • Party 1 Accor Group, Goldman Sachs Group, GEM Realty Capital
  • Party 2 Keck Seng Investments
  • Party 2 Brokerage Eastdil Secured
For more info, click here
  • Event Sales
  • Address 767 Fifth Avenue
  • Neighborhood Midtown
  • Borough Manhattan
  • Price $ 1,400,000,000
For more info, click here
  • Event Sales
  • Address 790 Seventh Avenue
  • Neighborhood Midtown West
  • Borough Manhattan
  • Price $ 275,000,000
notes
The Manhattan at Times Square Hotel sold for $275 million, the New York Observer reported.
For more info, click here
  • Event Sales
  • Address 2110 Frederick Douglass Boulevard
  • Neighborhood Central Harlem
  • Borough Manhattan
  • Square feet 5,231
  • Price $ 2,400,000
  • Price per foot $ 458.80
notes
The retail condo sold for $2.4 million.
For more info, click here
  • Event Retail Leasing
  • Address 102 North End Avenue
  • Neighborhood Battery Park City
  • Borough Manhattan
  • Square feet 2,150
notes
The florist signed a 10-year lease. The reported asking rent was $75 per square foot.
For more info, click here
  • Event Office Leasing
  • Address 77 Water Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 25,227
  • Price per foot $ 40.00
notes
Former President Bill Clinton's foundation signed a two-year sublease and an eight-year direct lease with the landlord.
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  • Event Office Leasing
  • Address 77 Water Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 24,353
notes
The consulting services provider subleased space.
For more info, click here
  • Event Office Leasing
  • Address 77 Water Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 100,000
  • Price per foot $ 35.00
notes
The telephone services provider subleased four full floors.
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  • Event Office Leasing
  • Address 77 Water Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 25,000
  • Price per foot $ 35.00
notes
The insurance company signed a sublease for one floor.
For more info, click here
  • Event Office Leasing
  • Address 77 Water Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 37,500
  • Price per foot $ 35.00
notes
The healthcare insurance company inked a sublease for two full floors.
For more info, click here
  • Event Financing
  • Address 1428 Fifth Avenue
  • Neighborhood Central Harlem
  • Borough Manhattan
notes
A $27.7 million construction loan was provided for the rehabilitation of the affordable housing complex. The project will provided new facilities and upgrades for the Section 8 rental building, including a new roof, new EnergyStar appliances and a new building-wide ventilation system. 120-unit apartment building.
For more info, click here
  • Event Office Leasing
  • Address 77 Water Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 75,000
  • Price per foot $ 35.00
notes
The law firm subleased three full floors.
For more info, click here
  • Event Office Leasing
  • Address 230 Park Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 9,700
  • Price per foot $ 80.00
notes
The ING Group subsidiary inked a five-year expansion lease for space on the ninth floor. The company currently occupies about 200,000 square feet on the 11th through 15th floors.
For more info, click here
  • Event Sales
  • Building Name GM Building
  • Address 767 Fifth Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 1,900,000
  • Price $ 2,800,000,000
  • Price per foot $ 1,473.68
notes
The tower sold for $2.8 billion, or about $1,474 per square foot. The deal broke the record for the highest price ever paid for a single office building, previously held by Kushner Companies' $1.8 billion purchase last year of 666 Fifth Avenue. Macklowe Properties sold the GM Building to help pay off overdue short-term debt on the seven Midtown office buildings Macklowe bought in a highly leveraged deal last year. Macklowe purchased the trophy tower for $1.4 billion in 2003. Boston Properties acquired a 60 percent stake in the GM Building, paying around $890 million in cash and assuming the $1.9 billion in debt, due to mature in 2017. The Boston Properties-led group also paid around $1.1 billion for three other Macklowe office properties in Manhattan (see below).
For more info, click here
  • Event Sales
  • Address 540 Madison Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 1,440,000
  • Price $ 1,100,000,000
  • Price per foot $ 763.89
notes
The three office towers sold for around $1.1 billion as part of a larger deal that included the $2.8 billion sale of the GM Building. The portfolio includes the 632,305-square-foot building at Two Grand Central Tower, the 540,000-square-foot tower at 125 West 55th Street and the 272,532-square-foot property at 540 Madison Avenue.
For more info, click here
  • Event Office Leasing
  • Address 180 Maiden Lane
  • Neighborhood Seaport
  • Borough Manhattan
  • Square feet 800,000
  • Publication Date 07/01/2008
  • Event Date 05/22/2008
  • Party 1 Goldman Sachs
  • Party 2 AIG
notes
The insurance and financial services company subleased 30 floors of space from Goldman Sachs, which is preparing to relocate to its new headquarters in Battery Park City. AIG plans to move in completely by 2011.
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200 West Street
Manhattan, 10282
BATTERY PARK CITY AUTHORITY
...
805_third_ave.jpg
805 Third Avenue
Manhattan, 10022
805 THIRD NEW YORK LL
805 Third Avenue is a two-building, 29-story office and commercial building owned by...
245 Fifth Avenue
Manhattan, 10016
245 FIFTH OWNER LLC
245 Fifth Avenue is a 24-story, 307,418-square-foot office building at the corner of...
Battery Park City
Manhattan, 10280
Battery Park City is a residential neighborhood on 92-acre site, one-third of it...
Financial District
Manhattan, 10005
Financial District, also known as FiDi, is a neighborhood on the southern tip...
15 Central Park West
Manhattan, 10023
ZECKENDORF DEVELOPMENT, W2001Z/15 CPW REALTY, LLC
The sponsor(s) filed plans on 04/29/05 for a condo project at 15 Central...
53w53
Manhattan, 10019
Hines, W2005/HINES WEST FIFTY-THIRD REALTY, LLC
The sponsor(s) filed plans on 08/13/14 for a condo project at 53 West...

The 10 most valuable Manhattan condo filings accepted in 2016
12/30/16
...East 12th Street Developer: William Macklowe Companies and Goldman Sachs Projected Sellout $272.3 million Units: 52 Type: New construction Billy Macklowe paid $22.5 million for this Greenwich...

NYC’s 10 biggest real estate loans of 2016
12/27/16
...billion in deal volume. 2) Hudson Yards/MTA, $1.06 billion (Goldman Sachs) The Metropolitan Transit Authority made history in September by selling its first-ever batch of...

These were the biggest real estate loans of Q3 2016
11/11/16
...commissioned. The MTA’s bonds were underwritten by Goldman Sachs. 3-4) The billions come in pieces at 35 and 10 Hudson Yards -- $695.5 million and $900 million...

NYC’s 10 biggest office leases signed in August
09/22/16
...Group, a financial services company once part of Goldman Sachs, is taking close to 45,000 square feet at Silverstein’s 4 World Trade Center tower. They...

A big change could be about to come to the housing market
12/27/15
...up," Wells Fargo CEO John Stumpf said the Goldman Sachs Financial Services Conference earlier this month. "They can choose a different product and probably...

Developers wade into
Staten Island’s waterfront
...the Staten Island Ferry terminal, with backing from Goldman Sachs. There’s also the 630-foot New York Wheel, a $500 million project next to the...

The Closers
...s flagship store at 611 Fifth Avenue. Morgan Stanley, Goldman Sachs Mortgage Company and the Bank of Nova Scotia were all on the deal — a...

Real Estate’s Rising Stars
...Compass co-founder Robert Reffkin in 2009. Reffkin, then a Goldman Sachs vice president, was working on the side to raise $2 million to set up a...

Downtown gets crop of fresh spaces
...is being vacated by the investment banking giant Goldman Sachs, which is now headquartered nearby at 200 West Street, and will be available in the...

Balking at big office blocks
...last month, at 8.9 percent, Colliers statistics showed. Downtown Goldman Sachs once occupied virtually all of 85 Broad Street, before the global investment bank began moving...

The Hamptons 10: A look at the priciest sales of the last 12 months
...owner — Robert Hurst, the retired vice chairman of Goldman Sachs — put it on the market about a year ago. The listing is with Debbie...

Sublease space creeps back onto market
...people globally, and other Wall Street firms like Goldman Sachs, Citigroup, Barclays and UBS have started cutting staff. The financial services sector in Manhattan...

Office leasing tightens — but for how long?
...month said. Meanwhile, at the end of June, Goldman Sachs made a filing with New York State that said it may lay off as...

Availability tightens as Condé Nast heads to WTC
...in the World Financial Center, as well as Goldman Sachs...

Lackluster leasing sparks debate
...I also believe with the exception of 85 Broad, Goldman Sachs will probably retain a lot more space than they were anticipated to -- maybe...
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