L&L Holding | The Real Deal New York

The Real Deal New York

trd topics
X


NAME


EMAIL


SUGGESTED
UPDATE


captcha

Please type the words that appear above
Than click SUBMIT
By using this form you agree with the storage and handling of your data by this website.

L&L Holding

142 West 57th Street, 16th Floor
New York, NY 10019
(212) 920-3360
Website
contact@ll-holding.com

L&L Holding is a real estate firm founded by Robert Lapidus and partner David Levinson in 2000. It owns numerous trophy properties, such as the 76-story Metropolitan Tower at 142 West 57th Street and 150 Fifth Avenue, a 200,000-square-foot office and retail building.

L&L is also developing a 650,000-square-foot office tower at 425 Park Avenue. The company paid $140 million in July to buy a 90 percent stake in the property from Lehman Brothers Holdings. Messrs. Levinson and Lapidus were together ranked 59th in the Commercial Observers 2014 Power 100.

The papers entry on the pair noted that they, presided over significant leasing activity in L&L Holding Companys portfolio in 2014. In January, the landlord inked a major new media tenant, Mashable, to a nearly 40,000-square-foot deal at the companys 114 Fifth Avenue property. A month later, L&L signed a larger deal at the same address when MasterCard elected to take 60,000 square feet there.

Earlier in 2014 the paper noted, L&L and its partners at Beacon Capital Group signed retailer Zara to a 30,000-square-foot lease at 222 Broadway. Meanwhile the same partnership divested a portion of its portfolio in 2013, selling the majority stake in 195 Broadway to institutional investors advised by JP Morgan. The sellers had acquired the building for $206 million in 2005 and though the value of the sale was not announced at the time, the New York Post reported it had risen to about half a billion dollars, the paper reported.

-GM


12/12/18
Real Estate Equities Corporation, an under-the-radar Midtown-based property investment firm, is building a 10-story office building near the southern end of the High Line. The...

12/11/18
The latest unit to close at Zeckendorf Development’s 520 Park Avenue sold for $17 million. The anonymous buyer of Unit 14 is listed as “Park...

12/10/18
Gary Phillips, head of acquisitions at Allianz Real Estate of America, is leaving the company and moving to Eastdil Secured, where he will serve as...

12/10/18
UPDATED, 10:38 a.m., Dec. 10: MaryAnne Gilmartin’s L&L MAG has inked a 99-year ground lease for Edison Properties’ 241 West 28th Street for about $7 million per...

12/06/18
L&L Holding Company and Normandy Real Estate Partners are about to get another partner on their massive Terminal Stores deal. Allianz Real Estate of America...

12/06/18
INVESTMENT SALES IN MANHATTAN AND BROOKLYN Manhattan’s recorded investment sales totaled over $3 billion in October, up 28 percent from September. L&L Holding and Normandy...

12/06/18
The top 10 Manhattan loans recorded in November totaled $2.9 billion, with three loans worth more than $400 million for the first time this year....

INVESTMENT SALES IN MANHATTAN AND BROOKLYN Manhattan’s recorded investment sales totaled over $3 billion in October, up 28 percent from September. L&L Holding and Normandy...

11/30/18
A partnership between L&L Holding and JP Morgan has secured a $600 million loan for 200 Fifth Avenue. The 800,000-square-foot former International Toy Center, was...

11/27/18
The top 10 Manhattan loans recorded in October totaled $2.1 billion, a slight increase from September. While half of the top 10 loans were refinancing...

11/26/18
U.S. public pension funds are pushing for more exposure to riskier, opportunistic real estate investments to help close their funding gaps. American public plans have...

11/20/18
From the outside, the demolition of 270 Park Avenue will look like a painfully tame round of Jenga. Inside, crews will meticulously tear apart 60...

11/14/18
Landlords were asleep at the wheel in the early days of New York’s co-working boom and are in danger or repeating the mistake with co-living...

11/01/18
GreenOak Real Estate and Slate Property Group got a nearly $50 million construction loan for the Upper West Side rental building they are converting into...

10/24/18
L&L Holding Company and Normandy Real Estate Partners are proposing to turn the Terminal Stores warehouse in West Chelsea into a $1.8 billion property in...

10/18/18
There were live camels, trapeze artists, a 12-minute fireworks display and an enormous birthday cake carved in the shape of a Chinese temple. Blackstone boss...

10/12/18
It was a Sunday evening in September 2008, and David Levinson was leaning over the balcony at a hotel in Paris. He and his wife,...

10/11/18
Another real estate investor is taking advantage of investing in Opportunity Zones. Normandy Real Estate Partners — which once owned Boston’s John Hancock Tower —...

10/03/18
A new leafy, greenery draped skyscraper could stand just 900 feet from the Empire State Building if Vornado Realty Trust eventually moves forward with a...

09/21/18
Just days after announcing its status as Manhattan’s largest office tenant, WeWork notched another new lease, signing on for 60,000 square feet at 511 West...

08/30/18
From the outside, the demolition of 270 Park Avenue will look like a painfully tame round of Jenga. Inside, crews will meticulously tear apart 60...

08/29/18
Fortress Investment Group is in the midst of raising two real estate funds. The SoftBank Capital-owned investment firm is set to close a $1.5 real...

08/22/18
Part of the equity for Chelsea’s massive Terminal Stores deal will likely come from the California State Teachers’ Retirement System. The fund is expected to...

08/20/18
UPDATED, Aug. 20, 1:55 p.m.: 1stdibs.com, an online marketplace for high-end interior design items, signed a sublease to take more than 40,000 square feet for a...

08/15/18
Credit manager CIFC Asset Management is relocating its Park Avenue offices to just shy of 30,000 square feet at Global Holdings’ 875 Third Avenue. The...
L&L Holding, Real Estate Salesperson
142 West 57th Street, 16th Floor, New York, NY, (212) 920-3360
...
L&L Holding, Real Estate Salesperson
142 West 57th Street, 16th Floor, New York, NY, (212) 920-3360
...
L&L Holding, CEO and Chairman
142 West 57th Street, New York, NY, (212) 920-3360
David Levinson is the CEO and chairman of L&L Holding Company, a privately...
L&L Holding, Co-founder
142 West 57th Street, New York, NY, (212) 920-3360
Robert Lapidus is the president and chief investment officer of L&L Holdings, the...
  • Event Financing
  • Address 200 Fifth Avenue
  • Neighborhood Flatiron
  • Borough Manhattan
  • Square feet 850,000
  • Price $ 600,000,000
  • Publication Date 12/03/2018
  • Event Date 11/30/2018
  • Party 1 L&L Holding, JPMorgan Chase
  • Party 2 Bank of China
notes
The owner secured a loan of $600 million for the Flatiron property.
  • Event Financing
  • Address 271 11th Avenue
  • Neighborhood West Chelsea
  • Borough Manhattan
  • Square feet 1,129,200
  • Price $ 650,000,000
  • Publication Date 10/29/2018
  • Event Date 10/24/2018
  • Party 1 L&L Holding , Normandy Real Estate Partners
  • Party 1 Brokerage CBRE
  • Party 1 Broker James Millon, Tom Traynor, Ethan Gottlieb, PJ Finley
  • Party 2 Blackstone Mortgage Trust, Apollo Commercial Real Estate Finance, Goldman Sachs
notes
The buyer secured an acquisition loan of $650 million for the West Chelsea property.
  • Event Sales
  • Address 271 11th Avenue
  • Neighborhood West Chelsea
  • Borough Manhattan
  • Square feet 1,129,200
  • Price $ 880,000,000
  • Publication Date 10/29/2018
  • Event Date 10/24/2018
  • Party 1 Waterfront New York, GreenOak Real Estate Advisors
  • Party 1 Brokerage CBRE
  • Party 1 Broker Darcy Stacom, Bill Shanahan
  • Party 2 L&L Holding, Normandy Real Estate Partners
notes
The buyer secured the West Chelsea property for $880 million.
  • Event Office Leasing
  • Address 511 West 25th Street
  • Neighborhood Chelsea
  • Borough Manhattan
  • Square feet 60,000
  • Publication Date 09/24/2018
  • Event Date 09/21/2018
  • Party 1 L&L Holding Company
  • Party 2 WeWork
notes
The co-working firm inked a lease for the Chelsea space.
  • Event Sales
  • Address 271 11th Avenue
  • Neighborhood Chelsea
  • Borough Manhattan
  • Square feet 1,200,000
  • Price $ 900,000,000
notes
The buyer purchased the Chelsea property for $900 million.
  • Event Sales
  • Address 635 Madison Avenue
  • Neighborhood Lenox Hill
  • Borough Manhattan
  • Square feet 149,881
  • Price $ 153,000,000
  • Publication Date 07/16/2018
  • Event Date 07/10/2018
  • Party 1 SL Green Realty
  • Party 2 L&L Holding
notes
The buyer secured the Lenox Hill property for $153 million.
  • Event Financing
  • Address 600 Third Avenue
  • Neighborhood Murray Hill
  • Borough Manhattan
  • Square feet 49,380
  • Price $ 175,000,000
  • Publication Date 04/09/2018
  • Event Date 04/04/2018
  • Party 1 L&L Holding
  • Party 2 Metropolitan Life Insurance Company
notes
The owner secured a $175 million mortgage for the Murray Hill property.
  • Event Office Leasing
  • Address 390 Madison Avenue
  • Neighborhood Midtown East
  • Borough Manhattan
  • Square feet 436,905
notes
The financial giant inked a lease for 16 full floors of the Midtown East building.
  • Event Office Leasing
  • Address 315 Park Avenue South
  • Neighborhood Flatiron
  • Borough Manhattan
  • Square feet 34,100
  • Publication Date 02/06/2018
  • Event Date 01/17/2018
  • Party 1 Columbia Property Trust
  • Party 1 Brokerage L&L Holding Company
  • Party 1 Broker David Berky, Andrew Wiener
  • Party 2 Pitchbook Data
  • Party 2 Brokerage CBRE
  • Party 2 Broker Michael Liss, Sam Spillane
notes
The data firm inked a lease in Flatiron for the 13th and 14th floors.
  • Event Office Leasing
  • Address 390 Madison Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 225,800
  • Publication Date 12/18/2017
  • Event Date 12/12/2017
  • Party 1 L&L Holding
  • Party 2 Shiseido
notes
The Japanese cosmetics firm inked a 15-year lease at the Midtown building.
  • Event Office Leasing
  • Address 315 Park Avenue South
  • Neighborhood Flatiron
  • Borough Manhattan
  • Square feet 34,000
notes
The digital currency exchange founded by the Winklevoss Twins inked a lease for more than 11 years with the asking rent in the low $90s per square foot.
  • Event Sales
  • Address 114 Fifth Avenue
  • Neighborhood Flatiron
  • Borough Manhattan
  • Square feet 352,000
  • Price $ 220,000,000
  • Publication Date 08/01/2017
  • Event Date 07/06/2017
  • Party 1 Allianz SE; L&L Holding Company
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Doug Harmon, Adam Spies
  • Party 2 Columbia Property Trust
  • Party 2 Brokerage HFF
  • Party 2 Broker Graham Stephens
notes
The real estate firm purchased a 49 percent stake in the leasehold
  • Event Office Leasing
  • Address 600 Third Avenue
  • Neighborhood Murray Hill
  • Borough Manhattan
  • Square feet 12,505
notes
The private investment firm signed a lease.
  • Event Office Leasing
  • Address 142 West 57th Street
  • Neighborhood Midtown West
  • Borough Manhattan
  • Square feet 77,930
notes
The co-working giant signed a lease.
  • Event Office Leasing
  • Address 600 Third Avenue
  • Neighborhood Murray Hill
  • Borough Manhattan
  • Square feet 12,505
notes
The private investment firm signed a lease for the entire floor.
  • Event Office Leasing
  • Address 315 Park Avenue South
  • Neighborhood Midtown South
  • Borough Manhattan
  • Square feet 34,100
notes
The online women's magazine signed a lease.
  • Event Office Leasing
  • Address 390 Madison Avenue
  • Neighborhood Midtown East
  • Borough Manhattan
  • Square feet 206,720
notes
The law firm signed a lease for floors 7-12.
  • Event Office Leasing
  • Address 355 Lexington Avenue
  • Neighborhood Midtown East
  • Borough Manhattan
  • Square feet 15,882
notes
The wealth management company renewed its lease for 10 years.
  • Event Office Leasing
  • Address 142 West 57th Street
  • Neighborhood Midtown West
  • Borough Manhattan
  • Square feet 77,930
notes
The shared office space company signed a 16-year lease for the 6th, 7th, 8th, 10th, and 11th floors.
  • Event Office Leasing
  • Address 600 Third Avenue
  • Neighborhood Midtown East
  • Borough Manhattan
  • Square feet 12,505
notes
The PR company signed a lease.
  • Event Office Leasing
  • Address 315 Park Avenue South
  • Neighborhood Gramercy
  • Borough Manhattan
  • Square feet 34,844
notes
The investment firm signed a lease.
  • Event Office Leasing
  • Address 600 Third Avenue
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 5,021
  • Publication Date 07/01/2016
  • Event Date 05/15/2016
  • Party 1 Brokerage L&L Holding
  • Party 1 Broker Andrew Wiener
  • Party 2 Neon Liberty Capital Management
  • Party 2 Brokerage CBRE
  • Party 2 Broker Paul Walker
notes
The company renewed its 5-year lease on the 26th floor.
  • Event Sales
  • Address 146 West 57th Street
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 214,653
  • Price $ 163,000,000
  • Price per foot $ 759.37
  • Publication Date 04/01/2016
  • Event Date 02/15/2016
  • Party 1 L&L Holding
  • Party 2 Mitsubishi Corporation
notes
The car and electronics giant purchased a 98.6 percent stake in the building for $163 million.
  • Event Office Leasing
  • Address 152 Madison Avenue
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 5,000
notes
The law firm signed a lease.
  • Event Office Leasing
  • Address 425 Park Avenue
  • Neighborhood Midtown East
  • Borough Manhattan
  • Square feet 200,000
  • Amount Price 1
notes
The hedge fund signed a lease for the penthouse floors of the property.
To see all, go to Advanced Search
Manhattan, 10022
L&L Holding, 425 PARK OWNER LLC
This property is a new development. The developer(s) filed plans in September of...
Manhattan, 10022
635 MADISON FEE OWNER
635 Madison Avenue is a 19-story, 176,530 square foot office and retail tower...
Manhattan, 10022
L&L Holding, 425 PARK OWNER LLC
This property is a new development. The developer(s) filed plans in September of...