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Midtown Equities

141 Fifth Avenue, Second Floor
New York, NY 10010
(212) 726-0700
Website

Midtown Equities is a privately held real estate developer. Founded in 2000 by the Cayre family (for which the firm also serves as an investment platform), Midtown was created to manage the family's expanding real estate holdings, which included the joint acquisition of the 99-year lease on the World Trade Center. Midtown has since become a sizable developer in its own right and has been particularly active in Brooklyn in recent years. In 2013, Midtown was selected by New York City to transform the derelict Empire Stores in Brooklyn Bridge Park into spaces for tech companies and local artisans. In 2015, the developer focused on a $200 million deal to develop waterfront property in Williamsburg. Midtown also has developed several buildings in Miami, including a $2.3 billion three-building mixed-use complex in the heart of the city. The firm also has purchased office space in Washington, D.C., and developed Ritz-Carlton Residences in Baltimore and on Long Island. Midtown also offers real estate brokerage and marketing services through its CORE brand, as well as commercial and office property management services through Midtown Property Management.

  • Event Financing
  • Address 10 South Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 158,197
  • Price $ 80,000,000
  • Publication Date 07/19/2019
  • Event Date 07/16/2019
  • Party 1 Midtown Equities, Cipriani
  • Party 1 Brokerage JLL
  • Party 1 Broker Aaron Appel, Keith Kurland, David Sitt, Jonathan Schwartz
  • Party 2 ACORE Capital
notes
The owner secured a loan of $80 million for the Financial District property.
  • Event Financing
  • Address 53 Water Street
  • Neighborhood Dumbo
  • Borough Brooklyn
  • Price $ 280,000,000
notes
The owner secured a loan of $280 million for the Dumbo property.
  • Event Financing
  • Address 1 Broadway
  • Neighborhood Financial District
  • Borough Manhattan
  • Price $ 161,000,000
  • Publication Date 01/06/2019
  • Event Date 01/03/2019
  • Party 1 Midtown Equities, Rockwood Capital
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Steve Kohn, Alex Hernandez
  • Party 2 Square Mile Capital Manaagement
notes
The buyer secured an acquisition loan of $161 million for the Financial District property.
  • Event Financing
  • Address 1 Broadway
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 180,646
  • Price $ 161,000,000
notes
The owner secured a loan of $161 million for the Financial District property.
  • Event Retail Leasing
  • Address 55 Water Street
  • Neighborhood Dumbo
  • Borough Brooklyn
  • Square feet 3,500
  • Price per foot $ 150.00
notes
The upscale clothing brand inked a 10-year lease for a new store at the sight of the former tobacco warehouse in Dumbo.
  • Event Sales
  • Address 1 Broadway
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 218,000
  • Price $ 140,000,000
  • Publication Date 06/04/2018
  • Event Date 05/16/2018
  • Party 1 Logany
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Jonathan Serko, Adam Spies, Douglas Harmon, Josh King, Marcella Fasulo
  • Party 2 Midtown Equities
notes
The buyer secured the Financial District building for $140 million.
  • Event Retail Leasing
  • Address 53-83 Water Street
  • Neighborhood DUMBO
  • Borough Brooklyn
  • Square feet 21,000
notes
The market inked a lease for two levels of space in Dumbo.
  • Event Financing
  • Address 55 Water Street
  • Neighborhood Dumbo
  • Borough Brooklyn
  • Square feet 3,583,167
  • Price $ 217,000,000
notes
The partnership secured a $217 million financing package for the Dumbo mixed-use development.
  • Event Financing
  • Address 661 Eighth Avenue
  • Neighborhood Midtown West
  • Borough Manhattan
  • Square feet 17,667
  • Price $ 60,000,000
notes
The retail portion of the property refinanced its debt with $60 million.
  • Event Office Leasing
  • Address 55 Water Street
  • Neighborhood Dumbo
  • Borough Brooklyn
  • Square feet 50,000
notes
The media companies both owned by Wasserman Media Group signed a lease.
  • Event Retail Leasing
  • Address 29 Ninth Avenue
  • Neighborhood Meatpacking District
  • Borough Manhattan
  • Square feet 30,000
  • Publication Date 11/01/2016
  • Event Date 09/15/2016
  • Party 1 Midtown Equities
  • Party 2 Dean & DeLuca
  • Party 2 Brokerage Cushman & Wakefield
notes
The gourmet food market signed a lease.
  • Event Retail Leasing
  • Address 55 Water Street
  • Neighborhood Financial District
  • Borough Brooklyn
  • Square feet 153,000
  • Publication Date 01/01/2014
  • Event Date 11/17/2013
  • Party 1 Midtown Equities
  • Party 1 Broker Mark Finkelstein
  • Party 2 West Elm
  • Party 2 Broker Chase Welles
notes
The furniture retailer signed a 20-year lease to become the anchor tenant at the Empire Stores commercial development in Dumbo. The company will relocate its headquarters, West Elm store and West Elm market store from elsewhere in Dumbo.
  • Event Sales
  • Address 242 Bedford Avenue
  • Neighborhood Williamsburg
  • Borough Brooklyn
  • Price $ 23,000,000
  • Publication Date 05/01/2012
  • Event Date 03/17/2012
  • Party 1 Yahuda Backer
  • Party 2 Midtown Equities, Aurora Capital, Alex Adjmi
  • Event Retail Leasing
  • Address 442 Fifth Avenue
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 17,500
notes
The office supply retailer signed a lease for 6,000 square feet on the ground floor and 11,500 square feet of mezzanine space. The landlord had been asking $2.2 million for the entire space, or about $125 per square foot blended, a source familiar with the deal said.
  • Event Sales
  • Address 452 Fifth Avenue
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 865,000
  • Price $ 330,000,000
  • Price per foot $ 381.50
  • Publication Date 11/01/2009
  • Event Date 09/22/2009
  • Party 1 HSBC Bank USA
  • Party 2 Midtown Equities, IDB Group
notes
HSBC agreed to the sale and leaseback of its New York headquarters building for $330 million in a transaction expected to close in the first quarter of 2010. Under the terms of the sale, the bank will lease the entire building for one year and floors one through 11 for 10 years.
Manhattan, 10019
310 - 318 MIDTOWN EQUITIES, LLC
...
Manhattan, 10019
310 - 318 MIDTOWN EQUITIES, LLC
The sponsor(s) filed plans on 05/03/04 for a condo project at 310-318 West...
Manhattan, 10019
310-318 MIDTOWN EQUITIES LLC
312 West 53rd Street is a 23,670 square foot property built in 1964...
Brooklyn, 11201
MIDTOWN EQUITIES, MIDTOWN EQUITIES
This property is a new development. The developer(s) filed plans in July of...
Manhattan, 10036
42ND & 8TH OWNER LLC
...
Brooklyn, 11249
Aurora Capital Associates|Midtown Equities, CAB BEDFORD LLC
...
Manhattan, 10002
MIDTOWN EQUITIES, N/A
155 Attorney Street is a 30,000 square foot building in the Lower East...

02/09/2018
The $217 million loan from M&T Bank and the Brooklyn Bridge Park Development Corporation to Midtown Equities for its Empire Stores project took the No...

07/01/2017
And while some developments â€' such as Midtown Equities, HK Organization and Rockwood Capital’s Dumbo office complex Empire Stores and Rudin Management and Boston Properties’ tech-focused Dock 72 at the Brooklyn Navy Yard â€' have seen success, others are facing the cold, hard truth of supply and demand in more untested office markets like Red Hook, Sunset  Park and Bushwick...

08/01/2015
Nearly a third of the properties in the New Jersey town of Deal are owned by New York City real estate families. Source: Deal Nearly a third of the properties in the New Jersey town of Deal are owned by New York City real estate families. Source: Deal...

01/13/2015
The building is owned by Aurora Capital Associates, Alex Adjmi and Midtown Equities...

09/01/2012
On the nonmeat-family front, Burkle bought 430 West 14th Street, which includes the entire blockfront along Washington Street where apparel store Scoop is located, as well as the Soho House property at 33 Ninth Avenue (which he co-owns with Joseph and Michael Cayre of Midtown Equities)...

10/01/2010
The office market remains small, with approximately 18 million square feet of space and just $1 billion in office building sales from 2003 through April. That said, the second-largest transaction in 2010 so far was the sale of the 76,000-square-foot office building by the Treeline Cos. at 205 Montague, the former Brooklyn Savings Bank, which was purchased for $33 million by Midtown Equities, headed by developer Joseph Cayre...
Manhattan, 10019
310 - 318 MIDTOWN EQUITIES, LLC
...
Manhattan, 10019
310 - 318 MIDTOWN EQUITIES, LLC
The sponsor(s) filed plans on 05/03/04 for a condo project at 310-318 West...
Brooklyn, 11201
MIDTOWN EQUITIES, MIDTOWN EQUITIES
This property is a new development. The developer(s) filed plans in July of...