Stellar Management | 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
Stellar Management

156 William Street, 10th Floor
New York, NY 10038
(212) 406-0030
Website

Stellar Management is a real estate investment and management firm founded in 1985. Stellar has more than 100 buildings in New York City and Miami, with 2 million square feet of commercial space besides. Run by Larry Gluck, who founded the firm with Steve Witkoff in 1985, Stellar initially made a name for itself by developing low-income rental buildings in Washington Heights. Since the early days, Stellar has moved into renovating larger projects (such as Harlem’s Riverton Houses in 2005, where it later defaulted during the financial crisis) and purchasing more luxurious apartments (such as in 2016, when it purchased the Paris for $146 million). Currently, Stellar Management is at work with partner Rockpoint Group on One Soho Square, a 768,000-square-foot retail and office development in lower Manhattan.

Stellar has also made headlines over the years for various lawsuits and tenant complaints. In 2016, Stellar sued Brookhill Properties founder Raphael Toledano for allegedly backing out of a $110 million loan. In 2014, Stellar was accused by rent-stabilized tenants in one of its Upper West Side apartment buildings of harassment, and the firm has been accused in the past of barring other rent-stabilized tenants from using certain amenities.


10/17/17
...Larry Gluck and 3501-3509 Broadway Larry Gluck’s Stellar Management is buying a Hamilton Heights rental building on Broadway for about $25 million, sources told...

10/12/17
...Gluck (Credit: UES Management) The Chetrit Group and Stellar Management nabbed a $550 million loan to refinance two Upper East Side apartment buildings. Natixis and...

09/18/17
...rd Street and Larry Gluck Larry Gluck’s Stellar Management refinanced a 13-building New York City mixed-use portfolio with a $105 million, five-year loan from...

09/14/17
...and rent regulations. Targets of such litigation include Stellar Management, A&E Real Estate and Kushner Companies. If the court finds Toledano’s...

08/11/17
...against A&E Real Estate, Bronstein Properties, Stellar Management and a company owned by Barbara Pyle, the co-creator of the "Captain Planet" television...

08/07/17
...J-51 suits in recent months include Larry Gluck's Stellar Management and Carmine Properties, which is owned by the co-creator of "Captain Planet," Barbara Pyle...

08/02/17
...-- a partnership between the Chetrit Group and Stellar Management. Jason Pruger, Harrison Abramowitz and Ross Kaplan of Newmark Knight Frank represented the tenant...

07/25/17
...slew of rent-stabilization suits against prominent landlords like Stellar Management and A&E Real Estate. Aaron Carr, the nonprofit group's founder, quipped in...

07/17/17
...major and minor landlords alike, including Glenwood Management, Stellar Management and the Durst Organization. Those contributions totaled more than $90,000. The largest single landlord contribution...

06/05/17
...create 188 jobs. The company is currently headquartered at Stellar Management’s One Soho Square. A leasing team at Newmark Knight Frank headed by David...

05/24/17
...leg work leading to suits against landlords like Stellar Management and A&E Real Estate), said "J-51 offenders are robbing tenants and taxpayers...

04/28/17
...Cosmetics took the 10th through 13th floors at Stellar Management...

04/18/17
...Street UPDATED, April 18, 5:28 p.m.: Larry Gluck’s Stellar Management is facing a lawsuit for allegedly overcharging dozens of rent-stabilized tenants, violating the terms...

04/17/17
...Georgetown Properties is following suit at 787 11th Avenue. Stellar Management recently leased the penthouse space at its One Soho Square project to the cosmetics...

04/04/17
...lease for 86,000 square feet of office space at Stellar Management...

02/27/17
...owned the property since 1980. 4.) Icon Realty Management and Stellar Management flipped an 11-unit multifamily building in Hell’s Kitchen they bought for $5.4 million in...

12/30/16
...Manhattan, who sued their landlord, Laurence Gluck of Stellar Management. The court had upheld the tenants’ challenge of Gluck’s removal of the building...

11/29/16
...-220 Fifth Avenue in NoMad Larry Gluck’s Stellar Management and Imperium Capital are close to entering contract to acquire the leasehold interest for...

10/27/16
...rendering of One Soho Square and Larry Gluck Stellar Management is close to signing the biggest tenant yet to its flashy Soho office-and-retail redevelopment...

09/26/16
...for comment. Although StreetEasy shows Larry Gluck’s Stellar Management as one of the building’s developers, a spokesperson said Stellar owned no stake...

09/19/16
...Kingsland Avenue in East Williamsburg 1.) A partnership between Stellar Management and Terrence Lowenberg’s Icon Realty Management picked up a the Educational Alliance building...

08/15/16
...and rendering of One Soho Square Larry Gluck's Stellar Management has bought out former partner the Rockpoint Group and brought on a new investor...

08/15/16
...A tech firm is taking 32,000 square feet at Stellar Management...

08/08/16
...industry and landlords such as Related Companies and Stellar Management. In the recent suit, the Yellens — who’ve lived in a rent-stabilized unit at...

06/29/16
...large complexes with expiring rent restrictions. Larry Gluck's Stellar Management, for example, took the 1,328-unit Independence Plaza North to market after Mitchell-Lama regulations ran...
Stellar Management, Chairman and CEO
156 WILLIAM STREET, New York, NY, 212-406-0030
Laurence Gluck, who goes by Larry, is the co-founder, chairman, and chief executive...
  • Event retail Leasing
  • Address 233 Spring Street
  • Neighborhood Soho
  • Borough Manhattan
  • Square feet 19,000
notes
Trader Joe's, a California-based healthy grocery store, leased the ground-floor at One Soho Square
  • Event Office Leasing
  • Address 233 Spring Street
  • Neighborhood SoHo
  • Borough Manhattan
  • Square feet 26,164
notes
Glossier, a skincare and makeup company, signed an 11-year lease for the entire 10th floor at One Soho Square.
  • Event Office Leasing
  • Address 233 Spring Street
  • Neighborhood Soho
  • Borough Manhattan
  • Square feet 86,524
notes
The floors 10-13, have been leased by MAC Cosmetics
  • Event Sales
  • Address 454 West 58th Street
  • Neighborhood Hell's Kitchen
  • Borough Manhattan
  • Square feet 9,625
  • Price $ 11,400,000
notes
The 11-unit multifamily property was sold for $5.4 million.
  • Event Sales
  • Address 1 Soho Square
  • Neighborhood SoHo
  • Borough Manhattan
  • Square feet 750,000
  • Price $ 650,000,000
  • Price per foot $ 866.00
notes
A 40% interest in the office and retail project sold for $650 million.
  • Event Office Leasing
  • Address 1 SoHo Square
  • Neighborhood Soho
  • Borough Manhattan
  • Square feet 31,753
notes
The technology company signed a lease.
  • Event Financing
  • Address 522 Ocean Avenue
  • Neighborhood Flatbush
  • Borough Brooklyn
  • Price $ 35,575,000
notes
The company secured a $35.575 million loan which included 65 Fort Washington Avenue, 4231 Broadway, 504 West 143rd Street, 510 West 144th Street, 529 West 179th Street and 2558 Grand Concourse.
  • Event Office Leasing
  • Address 161 Sixth Avenue
  • Neighborhood Soho
  • Borough Manhattan
  • Square feet 26,022
notes
The office management company singed a 10 year lease.
  • Event Sales
  • Address 123 Lafayette Street
  • Neighborhood Soho
  • Borough Manhattan
  • Square feet 21,916
  • Price $ 33,500,000
  • Price per foot $ 1,528.56
notes
The office and retail building sold for $33.5 million.
  • Event Sales
  • Address 752 West End Avenue
  • Neighborhood Upper West Side
  • Borough Manhattan
  • Price $ 146,000,000
notes
The 24-story property sold for $146 million.
  • Event Retail leasing
  • Address 806 Columbus Avenue
  • Neighborhood Upper West Side
  • Borough Manhattan
  • Square feet 2,564
  • Event Retail leasing
  • Address 123 Lafayette Street
  • Neighborhood Chinatown
  • Borough Manhattan
  • Square feet 1,356
  • Event Sales
  • Address 27 West 72nd Street
  • Neighborhood Upper West Side
  • Borough Manhattan
  • Square feet 9,600
  • Price $ 9,500,000
  • Price per foot $ 989.58
  • Event Sales
  • Address 450 West 15th Street
  • Neighborhood Chelsea
  • Borough Manhattan
  • Square feet 281,361
  • Price $ 295,000,000
  • Price per foot $ 1,048.48
notes
The property sold for $295 million. The deal involved a piece of seller financing, with Stellar providing a $150 million short-term loan to Jamestown, which appears in public records. The move was intended to help the deal close quickly, while giving Jamestown more time to iron out long-term financing, The Real Deal has learned.
  • Event Sales
  • Address 26 Vandam Street
  • Neighborhood Soho
  • Borough Manhattan
  • Price $ 6,100,000
notes
The property sold for $6.1 million. The price represents a capitalization rate of 4.1 percent.
  • Event Office Leasing
  • Address 32-00 Skillman Avenue
  • Neighborhood Sunnyside
  • Borough Queens
  • Square feet 45,165
  • Publication Date 02/01/2013
  • Event Date 12/18/2012
  • Party 1 Stellar Management
  • Party 1 Broker Lawrence Smith
  • Party 2 Prop N Spoon
  • Party 2 Brokerage Studley
  • Party 2 Broker Jarod Stern
notes
The props and furniture supplier for TV and movies signed a lease, the New York Post reported.
  • Event Sales
  • Address 111 Kent Avenue
  • Neighborhood Williamsburg
  • Borough Brooklyn
  • Price $ 56,000,000
  • Event Sales
  • Address 161 Sixth Avenue
  • Neighborhood Soho
  • Borough Manhattan
  • Square feet 570,000
  • Price $ 200,000,000
  • Price per foot $ 350.88
notes
The two buildings sold for $200 million, the New York Post reported. The buyers plan to combine the properties and modernize the facilities. Includes 233 Spring Street.
  • Event Sales
  • Address Upper West Side portfolio
  • Neighborhood Upper West Side
  • Borough Manhattan
  • Price $ 630,000,000
  • Event Office Leasing
  • Address 712 Fifth Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 75,000
notes
The healthcare consulting firm signed a long-term lease renewal and expansion.
  • Event Office Leasing
  • Address 450 West 15th Street
  • Neighborhood Chelsea
  • Borough Manhattan
  • Square feet 75,000
notes
The healthcare consulting firm signed a long-term lease renewal and expansion.
  • Event Sales
  • Address 111 Kent Avenue
  • Neighborhood Williamsburg
  • Borough Brooklyn
  • Price $ 24,600,000
  • Publication Date 05/01/2011
  • Event Date 03/17/2011
  • Party 1 Garrison Investment Group
  • Party 2 Stellar Management, Largo Investments
  • Event Office Leasing
  • Address 2 Rector Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 1,500
notes
The financial services firm signed a lease on the 17th floor.
  • Event Office Leasing
  • Address 2 Rector Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 4,000
notes
The accounting consulting firm signed a lease on the 12th floor.
  • Event Office Leasing
  • Address 2 Rector Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 17,945
notes
The electrical contractor signed a five-year lease.
To see all, go to Advanced Search
Manhattan, 10025
WINDERMERE OWNERS LLC
666 West End Avenue is a 279,316 square foot property built in 1927...
Manhattan, 10031
620 WEST 152 STREET ASSOCIATES, L.L.C.
620 West 152nd Street is a 22,115 square foot property built in 1920...
Brooklyn, 11225
TIVOLI BI, LLC
49 Crown Street is a 320,000 square foot property built in 1973 in...
Manhattan, 10033
TWO FORTY SIX WADSWORTH ASSOCIATES
248 Wadsworth Avenue is a 20,810 square foot property built in 1914 in...
Queens, 11101
GLUCK, LAWRENCE
32-07 Queens Boulevard is a 301,000 square foot property built in 1951 in...
Brooklyn, 11222
GREENPOINT ECKFORD, LLC
308 Eckford Street is a 36,787 square foot property built in 2006 in...
Manhattan, 10027
ONE ONE MORRIS PARK ASSOCIATES, L.L.C.
15 West 123rd Street is a 23,946 square foot property built in 1935...
Bronx, 10462
JANEL TOWERS LLC
801 Neill Avenue is a 252,400 square foot property built in 1952 in...
Manhattan, 10016
HOLE IN ONE ASSOCIATES, L.L.C.
12 East 32nd Street is a 18,418 square foot property built in 1912...
Manhattan, 10022
SM 342E55 TIC 2 LLC
342 East 55th Street is a 13,000 square foot property built in 1930...
Manhattan, 10013
2016 SOHO LLC', OSS 2016 LLC', SOHO AOA OWNER, LLC
161 Sixth Avenue is a 283,860 square foot property built in 1904 in...
Manhattan, 10013
2016 SOHO LLC', OSS 2016 LLC', SOHO AOA OWNER, LLC
233 Spring Street is a 313,379 square foot property built in 1926 in...
Manhattan, 10031
602 WEST 146 ASSOCIATES
602 West 146th Street is a 15,020 square foot property built in 1905...
Manhattan, 10029
AFTERNOON DELIGHT FIFTH AVE ASSOCIATES, L.L.C.
1316 Fifth Avenue is a 25,721 square foot property built in 1915 in...
Brooklyn, 11206
CHETRIT GROUP | STELLAR MANAGEMENT
756 Myrtle Avenue is a 106,746 square foot property built in 2007 in...
Manhattan, 10023
...
Manhattan, 10025
CHETRIT GROUP | STELLAR MANAGEMENT, 801 AMSTERDAM, LLC
...
Brooklyn, 11222
Stellar Management, GREENPOINT MCGUINNESSLLC
...
Bronx, 10473
STELLAR BRUCKNER LLC
...
Manhattan, 10019
FRANCINE REALTY NY LLC
...
Manhattan, 10022
STELLAR 330 EAST 54,
...
Brooklyn, 11215
STELLAR 341 LLC
...
Manhattan, 10035
GLUCK, LAURENCE
...
Manhattan, 10011
WEST 21ST STREET ASSO
...
Manhattan, 10011
WEST 21 STREET ASSOCI
...
Bronx, 10473
STELLAR 2020 LLC
...
Bronx, 10453
STELLAR SEDGWICK LLC
...
Manhattan, 10024
AMWEST REALTY ASSOCIA
...
Bronx, 10453
STELLAR UNDERCLIFF LL
...
Manhattan, 10002
SIDE KICKS RIDGE ASSO
...
Manhattan, 10002
SIDE KICKS RIDGE ASSO
...
Bronx, 10472
...
Bronx, 10452
...
Manhattan, 10028
Relocate Existing Floor Area And Horizontally Enlarge First Floor And Vertically Enlarge Existing...
Manhattan, 10037
NEW YORK LAW SCHOOL
The Riverton Houses is a seven-building affordable housing complex in Harlem, consisting of...
Manhattan, 10002
SIDE KICKS RIDGE ASSO
...
Manhattan, 10003
NEXT GENERATION 13THS
...
Manhattan, 10034
STELLAR MGMT CO
...
Manhattan, 10034
RIVERSIDE 1795 ASSOCI
...
Manhattan, 10033
STELLAR WEST 178 LLC
...
Manhattan, 10022
STELLAR SUTTON, LLC
...
Manhattan, 10025
STELLAR WEST 110 LLC
...
Manhattan, 10028
Stellar Management, VENTANA CONDOMINIUM
...
Manhattan, 10128
Stellar Management, SCHNEIDER & SCHNEIDER INC.
...
Manhattan, 10025
WESTWOOD HOUSE LLC
...
Manhattan, 10025
COLUMBUS MANOR LLC
...
Manhattan, 10017
EMBASSY HOUSE EAT LLC
...
Manhattan, 10025
WEST 97TH STREET REAL
...
Manhattan, 10028
CF E 86 LLC
...
Manhattan, 10036
522 Fifth Avenue, on the corner of 44th Street, is a 23-story office...
Manhattan, 10011
JAMESTOWN 450 WEST 15
450 West 15th Street in Manhattan is a 281,000-square-foot, eight-story office property bordering...
Manhattan, 10006
2 RECTOR STREET (NY),
2 Rector Street is a 465,000-square-foot, 26-story office tower in Lower Manhattan. In...
Manhattan, 10013
IP MORTGAGE BORROWER
This residential and retail complex in Tribeca, on Greenwich Street between North Moore...

...officer of the New York real estate firm Stellar Management, which ranked No. 16 by number of rental units owned. “A lot of our underwriting...

...last year was the $121 million refinancing of several Stellar Management apartment buildings. RM Capital — headed by Marc Sznajderman and Romano Tio — placed one large...

...buy the 26-story office tower from Savanna and Stellar Management’s Laurence Gluck. Kushner told TRD that the partners plan to rehab some of...
Manhattan, 10023
...
Brooklyn, 11222
Stellar Management, GREENPOINT MCGUINNESSLLC
...
Manhattan, 10128
Stellar Management, SCHNEIDER & SCHNEIDER INC.
...
Sections