The Metropolitan Transportation Authority is the main public agency coordinating transportation in the New York City metropolitan region. Its massive purview covers rail lines, bridges, tunnels, ferries and roads in 14 counties; it includes the New York City Subway, the Metro-North Railroad into Connecticut and Upstate New York, and the Long Island Railroad. The MTA transports more than 11 million people on a typical weekday, making it far and away the nations biggest transit system.
The MTA also controls a vast portfolio of real estate, including buildings citywide; a long-term lease for Grand Central Terminal; and various rights of way along tracks and roads. It has selectively sold or leased such properties over the years. One of its biggest deals ever came in 2008, when the Related Cos. agreed to pay $1 billion to build out 26 acres of far West Side Manhattan known as Hudson Yards.
New York State launched the MTA in 1965, and it quickly grew from control of just the Long Island Rail Road to its present form. Thomas Prendergast is the MTAs chairman and CEO; and serves at the pleasure of the New York governor.
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- Event Office Leasing
- Address 1 Pierrepont Plaza
- Neighborhood Brooklyn Heights
- Borough Brooklyn
- Square feet 47,042
- Price per foot $ 50.00
- Publication Date 12/16/2018
- Event Date 12/14/2018
- Party 1 Forest City New York
- Party 1 Brokerage CBRE
- Party 1 Broker Howard Fiddle, Evan Fiddle, Eric Sears, Evan Haskell, David Caperna
- Party 2 Metropolitan Transportation Authority
- Event Sales
- Address 409 West 34th Street
- Neighborhood Hudson Yards
- Borough Manhattan
- Square feet 350,000
- Price $ 157,000,000
- Publication Date 11/01/2017
- Event Date 10/02/2017
- Party 1 Metropolitan Transportation Authority, Hudson Yards Infrastructure Corporation
- Party 2 Tishman Speyer
- Event Retail Leasing
- Address 1000S Eighth Avenue
- Neighborhood Park Slope
- Borough Brooklyn
- Square feet 360
- Publication Date 03/01/2017
- Event Date 01/15/2017
- Party 1 Metropolitan Transportation Authority, Turnstyle
- Party 2 Panda Bubble Tea
- Party 2 Brokerage F+B Group
- Party 2 Broker Winston Gitonga, Julian Hitchcock
- Event Office Leasing
- Address 33-00 Northern Boulevard
- Neighborhood Long Island City
- Borough Queens
- Square feet 152,000
- Publication Date 02/01/2017
- Event Date 12/18/2016
- Party 1 Vornado Realty Trust
- Party 1 Brokerage Vornado Realty Trust
- Party 1 Broker Glen Weiss, Josh Glick
- Party 2 Metropolitan Transportation Authority
- Party 2 Brokerage Cushman & Wakefield
- Party 2 Broker Josh Kuriloff, Jodi Roberts
- Event Sales
- Address 333 West 34th Street
- Neighborhood Penn Plaza
- Borough Manhattan
- Square feet 347,000
- Price $ 220,300,000
- Price per foot $ 634.87
- Publication Date 10/01/2013
- Event Date 08/22/2013
- Party 1 Citigroup
- Party 1 Brokerage JLL
- Party 1 Broker Richard Baxter
- Party 2 American Realty Capital
- Event Retail Leasing
- Building Name Grand Central Terminal
- Address 89 East 42nd Street
- Neighborhood Grand Central
- Borough Manhattan
- Square feet 300
- Publication Date 06/01/2011
- Event Date 04/22/2011
- Party 1 Metropolitan Transportation Authority
- Party 2 Beer Table
- Event Office Leasing
- Address 469 Seventh Avenue
- Neighborhood Garment District
- Borough Manhattan
- Square feet 68,000
- Price per foot $ 35.00
- Publication Date 11/01/2010
- Event Date 09/22/2010
- Party 1 The Meyer Family
- Party 1 Brokerage Colliers International
- Party 1 Broker Eric Meyer
- Party 2 Metropolitan Transportation Authority
- Party 2 Brokerage Colliers International
- Party 2 Broker Eric Meyer
- Event Office Leasing
- Address 333 West 34th Street
- Neighborhood Chelsea
- Borough Manhattan
- Square feet 112,940
- Publication Date 04/01/2010
- Event Date 02/15/2010
- Party 1 SL Green Realty
- Party 1 Brokerage Cushman & Wakefield, SL Green Realty
- Party 1 Broker Paul Glickman, Steven Durels
- Party 2 Metropolitan Transportation Authority
- Party 2 Brokerage Cushman & Wakefield
- Party 2 Broker Josh Kuriloff, Robert Lowe
- Event Sales
- Address 48 East 50th Street
- Borough Manhattan
- Square feet 8,748
- Price $ 9,250,000
- Price per foot $ 1,057.38
- Publication Date 09/01/2009
- Event Date 07/23/2009
- Party 1 48 East 50th Street LLC
- Party 2 Metropolitan Transportation Authority
- Event Office Leasing
- Building Name American Express Tower
- Address 3 World Financial Center
- Neighborhood Battery Park City
- Borough Manhattan
- Square feet 54,970
- Price per foot $ 41.00
- Publication Date 06/01/2009
- Event Date 04/22/2009
- Party 1 American Express
- Party 1 Brokerage CBRE
- Party 2 Metropolitan Transportation Authority
- Party 2 Brokerage Newmark Grubb Knight Frank
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