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Hines
Hines is a Houston-based property and facility management firm. Hines has the skill and knowledge to evaluate a property and create a strategy to maximize its value. Hines offers a full range of services to corporate and institutional real estate owners: asset management, property management, marketing/leasing, development/redevelopment, acquisition/disposition, finance/accounting and engineering. The firm has been in business for more than 50 years.
In early 2015, Hines and its partner Diversified Real Estate Capital announced plans to break ground on a $134 million apartment development in Doral, near Miami.The project is a joint venture between the two firms, marking their second apartment development in South Florida. The two also developed Aviva Coral Gables, a 250-unit complex next to the Village of Merrick Park.
The firm was founded by Gerald Hines in Houston in 1957. Since then, as a co-owner along with his son Jeffrey, he leads the firm's Executive Committee, participates in new business and investor relationships and advises the firm's regions on architectural excellence. He graduated from Purdue University with a BS in Mechanical Engineering and later received an honorary doctorate from the school. Hines is a recipient of the J.C. Nichols Prize for Visionary Urban Development and an honorary Fellow of the American Institute of Architects. -GM
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07/25/17
Facing heightened scrutiny from U.S. regulators, HNA Group revealed on Monday that it's majority controlled by two charities....
07/24/17
HNA Group’s proposed acquisition of the hedge-fund investing firm SkyBridge Capital is one of several Chinese deals that’s come under increased scrutiny from U.S. regulators....
07/23/17
One market’s loss, is another market’s gain. Countries like Canada, the United Kingdom, Australia, and New Zealand are starting to see foreign buying tapering. However,...
07/22/17
Since 2015, Chinese real estate billionaire Guo Wengui has lived in self-imposed exile in an impressive spread high in the Sherry-Netherland, which is currently on...
07/21/17
Investors are putting their money in real estate over hedge funds Wealthy investors currently have about 33 percent of their portfolios in real estate, according...
07/21/17
Greek hedge funders have owned the Midtown showrooms since 2013....
07/21/17
The Real Deal's third annual U.S. Real Estate Showcase & Forum in China is happening in November in Shanghai!...
07/20/17
SL Green Realty recently made headlines with a blockbuster bid for One Worldwide Plaza, but another big investment rarely received attention. The real estate investment...
07/20/17
Private equity bigwig Ralph Rosenberg thinks prices for London’s core commercial and residential properties could fall by 5 to 10 percent following the Brexit vote....
07/19/17
...Square for Trinity Real Estate, Norges Bank and Hines...
07/19/17
...s ranking with its acquisition of 12100 Wilshire from Hines for $224.5 million.
“Brokerages fundamentally changed after the last recession,” said Chris Rising, president of...
07/19/17
...Vornado Realty Trust’s 220 Central Park South and Hines’ 53 West 53rd Street. And now that Extell is close to securing $900 million in construction...
07/18/17
Foreign buyers were behind $153 billion in U.S. home sales in the year that ended in March, jumping nearly 50 percent from the year prior....
07/18/17
A group of 71 Chinese investors is suing the co-working scheme Bar Works and its alleged masterminds Renwick Haddow and Zoya Kiselova in federal court,...
07/18/17
Gov. Andrew Cuomo raised at least $595,000 from active NYC real estate developers and execs between January and July....
07/18/17
Sales prices for New York City development sites are down 22 percent through the first half of 2017, according to a new report from Ackman-Ziff...
07/17/17
Around half of wealthy Chinese are toying with the idea of moving overseas, but New York is not their top destination in the U.S. Los...
07/17/17
There are signs that the Chinese real estate spree in New York City could be over. Chinese regulators plan to cut off funding on six...
07/17/17
Manhattan’s investment-sales market tumbled 60 percent year-over-year during the second quarter to $13.8 billion, and there are strong headwinds pushing back against any potential rebound...
07/17/17
Fitch takes a look at the financials behind HNA Group's $2.21 billion purchase of the office tower 245 Park Avenue....
07/14/17
Chinese real estate investment industry is set to begin rapidly consolidating Dalian Wanda Group’s $9.3 billion sale of nearly 90 tourist and hotel assets to...
07/14/17
A $20 billion valuation for WeWork, a 13-year lease at 1 WTC and a $100 million drop in gross sales at Apple’s flagship Fifth Avenue store. In real...
07/14/17
HNA Group, one of China’s biggest conglomerates and the new owner of the trophy office tower at 245 Park Avenue, has put a freeze on...
07/13/17
“It’s the crazy thing about people. The more you say no, the more they want in on something.” When Christian Bale’s character in “American Hustle”...
07/12/17
...the apartments inside -- need a chop sometimes.
Hines, the company developing the residential skyscraper near the Museum of Modern Art at 53 West...
Hines, CEO - Capital Markets Group and East Region
499 Park Avenue, 12th Floor, New York, NY, 212-230-2300
499 Park Avenue, 12th Floor, New York, NY, 212-230-2300
...
Hines Realty, Senior Vice President
499 Park Avenue, 12th Floor, New York, NY, (212) 230-2300
499 Park Avenue, 12th Floor, New York, NY, (212) 230-2300
Tommy Craig is a senior vice president of Hines, in charge of the...
Witkoff Group, Executive Vice President
130 East 59th Street, 15th Floor, New York, NY, (212) 672-4700
130 East 59th Street, 15th Floor, New York, NY, (212) 672-4700
Phillip A. Gesue is an executive vice president at The Witkoff Group, a...
- Event Office Leasing
- Address 205 Hudson Street
- Neighborhood Tribeca
- Borough Manhattan
- Square feet 94,740
- Publication Date 05/01/2017
- Event Date 03/17/2017
- Party 1 Trinity Church Wall Street, Norges Bank Real Estate Management,Hines.
- Party 1 Brokerage Newmark Grubb Knight Frank
- Party 1 Broker David Falk, Peter Shimkin, Kyle Ciminelli, Ben Shapiro, Jonathan Franzel, Brittany Silver
- Party 2 WeWork
- Party 2 Brokerage Savitt Partners
- Party 2 Broker Michael Schoen
notes
WeWork, a shared workplace company, has signed a lease at 205 Hudson Street.
- Event Sales
- Address 49 Orchard Street
- Neighborhood Lower East Side
- Borough Manhattan
- Square feet 12,438
- Price $ 11,400,000
- Publication Date 02/01/2017
- Event Date 12/18/2016
- Party 1 Chinese Christian Herald Crusades
- Party 2 Hogg Holdings
notes
The church was sold for $11.4 million.
- Event Retail Leasing
- Address 216 East 49th Street
- Neighborhood Turtle Bay
- Borough Manhattan
- Square feet 4,000
- Publication Date 01/01/2017
- Event Date 11/17/2016
- Party 1 216 East 49th Street
- Party 1 Brokerage Eastern Consolidated
- Party 1 Broker James Famularo
- Party 2 Bay Chinese Seafood Restaurant
- Party 2 Brokerage PD Properties
- Party 2 Broker Elad Dror, Edison Li
notes
The restaurant signed a lease.
- Event Sales
- Address 222-224 West 21st Street
- Neighborhood Chelsea
- Borough Manhattan
- Square feet 22,437
- Price $ 29,500,000
- Publication Date 01/01/2017
- Event Date 11/17/2016
- Party 1 Slate Property Group
- Party 1 Brokerage Cushman & Wakefield, Meridian Capital Group
- Party 1 Broker Brock Emmetsberger, James Nelson; David Schechtman, Lipa Lieberman, Abie Kassin
- Party 2 Chinese firm
- Party 2 Brokerage Sagewood Equity
- Party 2 Broker Jingying Wu
notes
The multifamily asset sold for $29.5 million.
- Event Financing
- Address 146 Pierrepont Street
- Neighborhood Brooklyn Heights
- Borough Brooklyn
- Square feet 2
- Price $ 144,000,000
- Publication Date 01/01/2017
- Event Date 11/17/2016
- Party 1 Chinese Private Equity Firm
- Party 2 Jonathan Rose Companies, Bedrock Real Estate Services
notes
The JV secured a construction loan of $144 million.
- Event Office Leasing
- Address 433 Hudson Street
- Neighborhood West Village
- Borough Manhattan
- Square feet 15,215
- Publication Date 01/01/2017
- Event Date 11/17/2016
- Party 1 Trinity Real Estate, Norges Bank Real Estate Management, Hines
- Party 1 Brokerage CBRE
- Party 1 Broker Neil King
- Party 2 Boron & Boron
- Party 2 Brokerage Savitt Partners
- Party 2 Broker Marc Schoen, Michael Schoen
notes
The design and advertising firm renewed its lease.
- Event Financing
- Address 565 Broome Street
- Neighborhood Soho
- Borough Manhattan
- Price $ 450,000,000
- Publication Date 03/01/2016
- Event Date 01/01/2016
- Party 1 Bizzi & Partners Development, Aronov Development, Halpern Real Estate Ventures
- Party 2 Chinese lenders and Investors
notes
The 25-story development secured a $450 million loan.
- Event Office Leasing
- Address 1501 Broadway
- Neighborhood Midtown
- Borough Manhattan
- Square feet 35,000
- Publication Date 03/01/2016
- Event Date 01/01/2016
- Party 1 Levin Properties
- Party 1 Brokerage Avison Young
- Party 1 Broker Arthur Mirante, Michael Gottlieb, David Cohen, Thomas Hines
- Party 2 Hardesty & Hanover
- Party 2 Brokerage Cresa Partners, Cushman & Wakefield
- Party 2 Broker Eric Thomas, Richard Bernstein
notes
The engineering firm signed a lease.
- Event Sales
- Address 465 Broadway
- Neighborhood Soho
- Borough Manhattan
- Square feet 14,100
- Price $ 80,000,000
- Price per foot $ 5,673.76
- Publication Date 08/01/2013
- Event Date 06/22/2013
- Party 1 Hines, Andre Balazs
- Party 1 Brokerage Savills Studley
- Party 1 Broker Woody Heller, Will Silverman, Eric Negrin, Daniel Parker
- Party 2 Centurion Realty, Imperium Capital, ASB Real Estate
notes
The retail condo sold for $80 million.
- Event Office Leasing
- Address 370 Lexington Avenue
- Neighborhood Murray Hill
- Borough Manhattan
- Square feet 2,410
- Publication Date 08/01/2013
- Event Date 06/22/2013
- Party 1 Sherwood Equities
- Party 1 Brokerage In-house
- Party 2 Hines Held
- Party 2 Brokerage Rice & Associates
- Party 2 Broker Curtis Woodside
notes
The law firm signed a lease.
- Event Office Leasing
- Address 370 Lexington Avenue
- Neighborhood Murray Hill
- Borough Manhattan
- Square feet 2,410
- Publication Date 08/01/2013
- Event Date 06/22/2013
- Party 1 Sherwood Equities
- Party 1 Brokerage In-house
- Party 2 Hines Held
- Party 2 Brokerage Rice & Associates
- Party 2 Broker Curtis Woodside
notes
The law firm signed a lease.
- Event Office Leasing
- Address 425 Lexington Avenue
- Neighborhood Grand Central
- Borough Manhattan
- Square feet 595,000
- Publication Date 05/01/2013
- Event Date 03/22/2013
- Party 1 Hines
- Party 1 Brokerage In-house
- Party 2 Thacher & Bartlett
- Party 2 Brokerage CBRE
- Party 2 Broker Lewis Miller, Ken Rapp, Ramneek Rikhy
notes
The law firm signed a lease renewal for 26 floors of the 31-story building.
- Event Retail Leasing
- Address 499 Park Avenue
- Neighborhood Plaza District
- Borough Manhattan
- Square feet 4,500
- Publication Date 02/01/2012
- Event Date 12/23/2011
- Party 1 Hines
- Party 1 Brokerage Cushman & Wakefield
- Party 1 Broker Alisa Amsterdam, Gene Spiegelman, Michael O'Neil
- Party 2 Daum; Haviland
- Party 2 Brokerage Newmark Grubb Knight Frank
- Party 2 Broker Jonathan Krivine
notes
The art glass and porcelain products retailer signed a lease.
- Event Sales
- Building Name One Jackson Square
- Address 1 Jackson Square
- Borough Manhattan
- Square feet 8,636
- Price $ 22,500,000
- Price per foot $ 2,605.37
- Publication Date 01/01/2012
- Event Date 11/22/2011
- Party 1 Hines, RFR
- Party 1 Brokerage JLL
- Party 2 American Realty Capital
notes
The retail condo sold for $22.5 million.
- Event Sales
- Address One Jackson Square
- Neighborhood Lower East Side
- Borough Manhattan
- Price $ 22,500,000
- Publication Date 01/01/2012
- Event Date 11/17/2011
- Party 1 Hines, RFR
- Party 1 Brokerage JLL
- Party 2 American Realty Capital
- Event Retail Leasing
- Building Name One Jackson Square
- Address 122 Greenwich Avenue
- Neighborhood West Village
- Borough Manhattan
- Square feet 1,470
- Publication Date 06/01/2011
- Event Date 04/22/2011
- Party 1 Hines
- Party 1 Brokerage RKF
- Party 1 Broker Karen Bellantoni, Pamela Haber
- Party 2 Starbucks
notes
The coffee chain signed a lease for another location.
- Event Retail Leasing
- Address One Jackson Square
- Neighborhood Lower East Side
- Borough Manhattan
- Square feet 1,470
- Publication Date 06/01/2011
- Event Date 04/17/2011
- Party 1 Hines
- Party 1 Broker Karen Bellantoni, Pamela Haber
- Party 2 Starbucks
notes
The coffee chain signed a lease for another location.
- Event Sales
- Address 70 Broad Street
- Neighborhood Financial District
- Borough Manhattan
- Square feet 15,218
- Price $ 18,000,000
- Price per foot $ 1,182.81
- Publication Date 02/01/2011
- Event Date 12/23/2010
- Party 1 Global Country of World Peace
- Party 2 Chinese investment and construction firm
- Party 2 Brokerage Douglas Elliman
- Party 2 Broker Jennifer Lo
notes
The property sold for $18 million.
- Event Office Leasing
- Address 499 Park Avenue
- Neighborhood Plaza District
- Borough Manhattan
- Square feet 20,000
- Publication Date 02/01/2011
- Event Date 12/23/2010
- Party 1 Hines
- Party 1 Brokerage Cushman & Wakefield
- Party 1 Broker Tara Stacom, David Rosenbloom, David Green
- Party 2 Cantor Fitzgerald
- Party 2 Brokerage JLL
- Party 2 Broker Derek Trulson, Bill Peters
notes
The bond-trading firm signed a lease.
- Event Office Leasing
- Address 499 Park Avenue
- Neighborhood Plaza District
- Borough Manhattan
- Square feet 17,500
- Publication Date 02/01/2011
- Event Date 12/23/2010
- Party 1 Hines
- Party 1 Brokerage Cushman & Wakefield
- Party 1 Broker Tara Stacom, David Rosenbloom, David Green
- Party 2 Halstead Property
- Party 2 Brokerage In-house
notes
The residential real estate brokerage signed a lease.
- Event Office Leasing
- Address 499 Park Avenue
- Neighborhood Plaza District
- Borough Manhattan
- Square feet 11,300
- Publication Date 02/01/2011
- Event Date 12/23/2010
- Party 1 Hines
- Party 2 Woodbine Capital Advisors
- Party 2 Brokerage CBRE
- Party 2 Broker Adam Foster, Neil King
notes
The investment advisory firm signed a lease.
- Event Retail Leasing
- Address 215 East 86th Street
- Neighborhood Yorkville
- Borough Manhattan
- Square feet 3,400
- Publication Date 08/19/2010
- Event Date 07/10/2010
- Party 1 York Associates
- Party 1 Brokerage Walker Malloy & Company
- Party 1 Broker Rafe Evans
- Party 2 86 Chinese Restaurant
- Party 2 Brokerage Walker Malloy & Company
- Party 2 Broker Rafe Evans
notes
The Chinese restaurant signed a lease. The reported asking rent was $88 per square foot.
- Event Sales
- Address 600 Lexington Avenue
- Neighborhood Plaza District
- Borough Manhattan
- Square feet 303,515
- Price $ 193,000,000
- Price per foot $ 635.88
- Publication Date 06/01/2010
- Event Date 04/22/2010
- Party 1 Hines
- Party 1 Brokerage CBRE
- Party 1 Broker Darcy Stacom, William Shanahan
- Party 2 SL Green Realty
notes
The building went into contract for $193 million, or $636 per square foot. SL Green will assume $49.85 million of in-place financing as part of the deal. The 5.74 percent, interest-only mortgage matures in March 2014. In connection with the acquisition, SL Green agreed to sell a 45 percent joint venture ownership stake in the building to Canada Pension Plan Investment Board.
- Event Office Leasing
- Address 600 Lexington Avenue
- Neighborhood Plaza District
- Borough Manhattan
- Square feet 25,995
- Publication Date 11/01/2008
- Event Date 09/22/2008
- Party 1 Hines
- Party 1 Brokerage JLL
- Party 2 MKP Capital Management
- Party 2 Brokerage Savills Studley
- Party 2 Broker John Mambrino, John Johnson
notes
The investment management firm inked a lease.
- Event Retail Leasing
- Address 32-21 Francis Lewis Boulevard
- Neighborhood Flushing
- Borough Queens
- Square feet 2,000
- Publication Date 08/01/2008
- Event Date 06/17/2008
- Party 1 Vintage Group
- Party 1 Brokerage Winick Realty Group
- Party 1 Broker Benjamin Fox, Adam Stupak
- Party 2 Apple Chinese Restaurant
- Party 2 Broker Benjamin Fox, Adam Stupak
notes
The Chinese restaurant signed a 10-year lease.
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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...
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10/14/15
From left: Greenland's I-Fei Chang, Jared Kushner, Xinyuan's Yong Zhang, Brookland's Boaz Gilad and Adam America's Dvir Cohen Hoshen
Brooklyn’s biggest condo developers have a...
New York City real estate is never short of mantras and catch phrases, but few have taken hold of the industry’s collective mind like “safe...
Everyone knows, if you want to save money, buy in bulk. With prices for condos and co-ops in the stratosphere, bargain hunting these days is...
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“No player is bigger than the club,” the soccer adage goes, but what about in brokerage? Consider Ryan Serhant. The “Million Dollar Listing New York”...
For decades, Staten Island development was a largely local affair. While the borough’s population has exploded in the 50-plus years since the Verrazano-...
Just about everyone in the New York City real estate industry knows — or at least think they know — about the city’s priciest deals....
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...
Take a good look at the Brooklyn skyline, because what you see won’t be there for long. Fueled by a frothy economy and unrelenting demand,...
07/21/15
...is eyeing a total sellout of nearly $1 billion. Hines’ long-awaited “MoMA Tower” at 53 West 53rd Street, despite being only the fifth-largest development at...
In the high-stakes world of Manhattan real estate, agents tend to fall into two camps — those brokering sales in glitzy new condo buildings and...
...West 53rd Street, which is being developed by Hines, and 125 Greenwich Street, which is being jointly developed by Michael Shvo, Howard Lorber’s...
Investors have poured more than $3.7 billion into several dozen projects around New York City via the EB-5 program since 2009. And while the industry...
With a handful of record sales in the past year, there’s no question Manhattan real estate has entered a new stratosphere. But even as asking...
...Global Holdings’ Greenwich Lane, the Alexico Group and Hines’ 56 Leonard and Macklowe Properties’ 432 Park Avenue.
“Four-three-two is its own animal,” said Richard Dubrow...
For more than two decades, China’s most populated city, Shanghai, has experienced a building frenzy unlike any other: Developers have built office buildings in the...
One of New York City’s longest-standing rivalries, between Eastdil Secured and CBRE for the lead in investment sales, now appears to be on ice. A...
Low interest rates, brisk sales, a more active commercial mortgage-backed securities market and white-hot land prices helped drive a surging investment sales market in 2014...
The Brooklyn investment sales market is well on its way from rising star to fixed point in the firmament. In the first three quarters of...
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