Hines | The Real Deal New York

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Hines

811 Main Street, Suite 4100
Houston, TX 77002
(713) 237-5600
Website
Hines-Interests

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


04/28/17
For years, one of real estate’s dirty little secrets was how little equity some developers put in their own real projects. The mantra was “Other...

04/28/17
Urbanspace, the trendy food hall from the people behind outdoor markets like the Union Square holiday shops and Mad. Sq. Eats, is opening its second...

04/28/17
...Real Estate, Norges Bank Real Estate Management, and Hines, were represented by David Falk, Peter Shimkin, Kyle Ciminelli, Ben Shapiro, Jonathan Franzel and...

04/28/17
Current reader favorites: 1. LLCs, rejoice! Cohn and Mnuchin debut tax plan that would be amazing for landlords 2. Rumors circulate of Chinese government detaining...

04/27/17
Should Chinese institutional investors eyeing trophy New York properties think twice? One major Chinese executive thinks they will. Ludwig Chang, the recently retired co-founder of...

04/27/17
Anbang Insurance Group dismissed social media reports that its chairman, Wu Xiaohui, had been detained by authorities in Beijing, saying there was no truth to the chatter...

04/27/17
Current reader favorites: 1. New York landlords exploit loophole to hike rents despite freeze 2. Hidrock said to buy debt on El-Gamal, Sturner’s Dream Hotel...

04/26/17
UPDATED: Thursday, April 27 at 8:32 a.m.: Chinese social media platform WeChat erupted Wednesday with reports that Wu Xiaohui, chairman of Anbang Insurance Group, has...

04/26/17
...with the National Pension Service of Korea and Hines. We’ve consistently said that leasing commitments will begin in earnest in 2018, more than...

04/25/17
Manhattan commercial sales dropped to their lowest level in nearly four years in February, with just $557 million in sales recorded, an analysis of NYC...

04/25/17
Joe Sitt’s Thor Equities is jumping on the recent townhouse turnaround by listing its Upper East Side mansion for $36.9 million. The limestone and brick...

04/25/17
How much power does the national infrastructure council assembled by Donald Trump really have? Richard LeFrak, one of its members, stayed silent for a few...

04/24/17
China’s ambassador to the United States said the relationship between the two countries has improved markedly since Donald Trump and Chinese Premier Xi Jinping met...

04/21/17
Chinese authorities looking to cool the country’s overheated housing market are now focusing on trust companies, which they believe are funding the burgeoning development sector....

04/20/17
Whenever a deep pocketed Chinese investor dishes out billions for a Manhattan trophy building, the question inevitably arises: is this the peak of the market?...

04/19/17
Interpol is searching for Chinese billionaire and real estate magnate Guo Wengui, who claims he can reveal corruption at the highest echelons of the Communist Party. Tags:...

04/18/17
Berkshire Hathaway HomeServices, the residential brokerage arm of Warren Buffett’s company, will start advertising American homes on a Chinese website in a push to lure...

04/18/17
Chinese real estate stocks are racing ahead of their U.S. counterparts, but analysts are split over whether the rally can continue. Chinese firms accounted for...

04/17/17
If President Trump and China’s leader Xi Jinping needed a light topic of conversation for their Florida rendezvous earlier this month, they could have picked...

04/17/17
...records show. Penthouse 58 at the Alexico Group and Hines...

04/17/17
Jared Kushner is in advanced talks to sell his share in WiredScore, a Soho-based real estate technology startup that rates office buildings based on the...

04/17/17
The U.S. Treasury Department on Friday said China is not a currency manipulator, making a trade war less likely. In a report sent to Congress,...

04/16/17
Chinese policymakers are having to come up with ever more inventive ways to curb rapid house price growth as the nation’s red-hot east coast property...

04/13/17
Commercial real estate investment may be heading for a downturn in 2017, but there is one exception: logistic warehouse properties. “It’s hard not to be...

04/12/17
The city’s investment-sales market limped through a listless start to 2017, with dollar volume falling by more than 50 percent from the same time last...
Hines, CEO - Capital Markets Group and East Region
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
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
Phillip A. Gesue is an executive vice president at The Witkoff Group, a...
  • Event Office Leasing
  • Address 433 Hudson Street
  • Neighborhood West Village
  • Borough Manhattan
  • Square feet 15,215
notes
The design and advertising firm renewed its lease.
  • Event Office Leasing
  • Address 1501 Broadway
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 35,000
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
notes
The retail condo sold for $80 million.
  • Event Office Leasing
  • Address 370 Lexington Avenue
  • Neighborhood Murray Hill
  • Borough Manhattan
  • Square feet 2,410
notes
The law firm signed a lease.
  • Event Office Leasing
  • Address 370 Lexington Avenue
  • Neighborhood Murray Hill
  • Borough Manhattan
  • Square feet 2,410
notes
The law firm signed a lease.
  • Event Office Leasing
  • Address 425 Lexington Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 595,000
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
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
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
  • 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 Office Leasing
  • Address 499 Park Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 20,000
notes
The bond-trading firm signed a lease.
  • Event Office Leasing
  • Address 499 Park Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 17,500
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 Sales
  • Address 600 Lexington Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 303,515
  • Price $ 193,000,000
  • Price per foot $ 635.88
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
notes
The investment management firm inked a lease.
  • Event Retail Leasing
  • Address 40 Mercer Street
  • Neighborhood Soho
  • Borough Manhattan
  • Square feet 1,640
notes
The high-end electronics retailer took space in the new residential development.
  • Event Sales
  • Address West 54th Street btw. Fifth and Sixth Avenues
  • Borough Manhattan
  • Square feet 17,602
  • Price $ 125,000,000
  • Price per foot $ 7,101.47
  • Publication Date 02/01/2007
  • Event Date 12/23/2006
  • Party 1 Museum of Modern Art
  • Party 2 Hines
notes
The vacant lot adjacent to the museum sold for $125 million. Air rights allow for as much as 210,238 square feet of development on the site.
  • Event Retail Leasing
  • Address 425 Lexington Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 1,200
notes
The flower shop took space on the ground floor. It is moving from 14th Street and Fifth Avenue.
  • Event Office Leasing
  • Address 499 Park Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 31,000
notes
Bond-trading firm and affiliates eSpeed and TradeSpark sign direct lease from 2016 to 2020
  • Event Office Leasing
  • Address 600 Lexington Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 4,157
notes
Renewal and expansion; 10-year lease
  • Event Office Leasing
  • Address 600 Lexington Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 8,274
notes
Takes entire floor
  • Event Office Leasing
  • Address 600 Lexington Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 8,274
notes
Takes entire floor
  • Event Office Leasing
  • Address 425 Lexington Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 162,341
notes
Law firm adding to current 389,700 sf in building
  • Event Office Leasing
  • Address 425 Lexington Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 134,351
notes
Financial giant gives up six floors but keeps four others
To see all, go to Advanced Search
Queens, 11354
CHINESE WEN CHOW ASSOCIATION INC
...
Brooklyn, 11232
BROOKLYN CHINESE-AMERICAN
...
Manhattan, 10013
Hines Interests, WXIII/BROADWAY GRAND REALTY,LLC
...
Manhattan, 10017
ISTITHMAR LEXINGTON L
The 32-story, 910,273-squre-foot office tower at 450 Lexington Avenue is a fairly recent...
Manhattan, 10022
767 FIFTH PARTNERS LL
The General Motors Building is a 50-story office tower located at 767 Fifth...
Manhattan, 10013
Chinatown is a neighborhood in lower Manhattan, whose residents are predominantly Chinese or...
Brooklyn, 11231
Pacific Park, formerly known as Atlantic Yards, is an in-progress mixed-use commercial and...
Manhattan, 10019
Hines, THE MUSEUM OF MODERN
53W53, also known as the MoMA Expansion Tower and previously called Torre Verre,...
Manhattan, 10022
600 LEXINGTON OWNER L
600 Lexington Avenue, alternatively known as Manhattan Tower, is a 436-foot office skyscraper...

Manhattan’s elite residential brokers aren’t just going after the most expensive listings to stay on top. They’re also recalibrating their business models to include a...

Fifth Avenue is not usually a New York City laggard, but it’s been a decade since a major development has gone up on the tony...

short-term-sales-feature
01/18/16
From the January issue: Some of the most profitable short- and medium-term commercial property deals that took place in Manhattan in 2015 fetched the sellers a hefty...

12/31/15
New York City has, for quite some time, been the world’s most dynamic and high-stakes real estate market. But 2015 pushed all the elements that...

12/30/15
  Dreams of Manhattan condominiums dominated 2015’s top 10 development site deals. While Gary Barnett’s Extell Development – which is known for this sort of...

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...

11/04/15
...at 60 Riverside Boulevard (1,317 days). Alexico Group brought on Hines to co-develop 56 Leonard and help the firm score a $350 million construction loan from Bank...

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...

Bulk Condos
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...

09/09/15
“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...
To see all, go to Advanced Search
Queens, 11354
CHINESE WEN CHOW ASSOCIATION INC
...
Brooklyn, 11232
BROOKLYN CHINESE-AMERICAN
...
Manhattan, 10019
Hines, THE MUSEUM OF MODERN
53W53, also known as the MoMA Expansion Tower and previously called Torre Verre,...
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