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    Stonehenge Partners

    888 Seventh Avenue, 3rd Floor
    New York, NY 10106
    (212) 894-7410
    Website
    [email protected]

    When it was formed in 1994, Stonehenge Partners' concept was to take advantage of New York City's distressed real estate market, and that approach continues as its philosophy to this day. The firm has roughly 25 buildings, many of which have been kept as mid- to high-end apartment rentals instead of facing condo conversions.
    While Stonehenge is known for its ability to carve out pricey apartments in undervalued areas (at one time it boasted the most expensive rental unit in Upper Manhattan), the firm has also come under fire. In 2014 it faced a discrimination lawsuit over one of the company's Upper West Side buildings, which allegedly had barred rent-stabilized tenants from the building's gym. Stonehenge also faced accusations of negligence when in 2013 one of its tenants fell to her death, an incident that was blamed on loose, outdated railing.
    Stonehenge has a stable of several pension funds, high-net-worth individuals and investment advisors to fund its real estate forays. Throughout its existence, Stonehenge has had strong investment relationships with several pension funds and advisors, including Canadian investment firm Caisse de Depot et Placement du Quebec, Invesco Real Estate and the Public Sector Pension Investment Board.

    Stonehenge Partners, Business Development Officer
    888 Seventh Avenue, New York, NY, (212) 977-5000
    Brian Belkin is the Business Development Officer at Stonehenge Partners, a residential and...
    Stonehenge Partners, Director of Leasing
    888 Seventh Avenue, 3rd Floor, New York, NY, 212-977-5000
    Jason Gohari came onboard as an associate director of leasing at Stonehenge Partners...
    Stonehenge Partners, Chairman & CEO
    888 Seventh Avenue, 3rd Floor, New York, NY, 212-977-5000
    The ladies led Ofer Yardeni to real estate. He began his career as...
    Stonehenge Partners, Co-founder
    888 Seventh Avenue, 3rd Floor, New York, NY, 212-977-5000
    Joel Seiden has been a fixture in the New York City real estate...
    • Event Retail Leasing
    • Address 120 Ninth Avenue
    • Neighborhood Chelsea
    • Borough Manhattan
    • Square feet 1,000
    • Publication Date 10/25/2019
    • Event Date 10/24/2019
    • Party 1 Stonehenge Partners
    • Party 1 Brokerage Meridian Capital Group
    • Party 1 Broker Steven Dweck
    • Party 2 Jet's Pizza
    • Party 2 Brokerage Meridian Capital Group
    • Party 2 Broker John Roesch
    notes
    The pizzeria signed a 15-year lease for the Chelsea space.
    • Event Retail Leasing
    • Address 1143 Second Avenue
    • Neighborhood Upper East Side
    • Borough Manhattan
    • Square feet 1,300
    • Price per foot $ 150.00
    • Publication Date 10/25/2019
    • Event Date 10/24/2019
    • Party 1 Stonehenge Partners
    • Party 1 Brokerage Newmark Knight Frank
    • Party 1 Broker Andrew Taub
    • Party 2 Festival
    • Party 2 Brokerage Douglas Elliman
    • Party 2 Broker Tom Brady
    notes
    The cocktail cafe inked a lease for the Upper East Side location which had an asking rent of $150 per square foot.
    • Event Financing
    • Address 103 West 14th Street
    • Neighborhood Chelsea
    • Borough Manhattan
    • Price $ 63,000,000
    • Publication Date 07/05/2019
    • Event Date 07/02/2019
    • Party 1 Stonehenge Partners
    • Party 1 Brokerage Meridian Capital Group
    • Party 1 Broker Abe Hirsch, Ralph Herzka
    • Party 2 New York Community Bank
    notes
    The owner secured a loan of $63 million for the Chelsea portfolio.
    • Event Sales
    • Address 103 East 86th Street
    • Neighborhood Upper East Side
    • Borough Manhattan
    • Price $ 90,000,000
    notes
    The buyer bought the Upper East Side property for $90 million.
    • Event Financing
    • Address 10 Downing Street
    • Neighborhood Greenwich Village
    • Borough Manhattan
    • Square feet 118,467
    • Price $ 132,200,000
    notes
    The owner secured a $132.2 million refinancing loan for the Greenwich Village property.
    • Event Sales
    • Address 160 West 97th Street
    • Neighborhood Upper West Side
    • Borough Manhattan
    • Square feet 503,511
    • Price $ 287,000,000
    notes
    The buyer acquired the Upper West Side protfolio for $287 million.
    • Event Financing
    • Address 210 West 70th Street
    • Neighborhood Lincoln Square
    • Borough Manhattan
    • Square feet 175,000
    • Price $ 77,000,000
    notes
    A $77 million acquisition loan was arranged for the rental building.
    • Event Sales
    • Address 347 East 58th Street
    • Neighborhood Midtown East
    • Borough Manhattan
    • Price $ 16,100,000
    notes
    The three-building portfolio, which includes 349-351 East 58th Street, sold for $16.1 million.
    • Event Retail Leasing
    • Address 1143 Second Avenue
    • Neighborhood Upper East Side
    • Borough Manhattan
    • Square feet 800
    notes
    The bakeshop signed a long-term lease.
    • Event Sales
    • Address 6 West 107th Street
    • Neighborhood Upper West Side
    • Borough Manhattan
    • Price $ 8,750,000
    • Price per foot $ 670,000.00
    notes
    The elevator building sold for $8.75 million. Stonehenge acquired the building in August 1995 for $670,000.
    • Event Retail Leasing
    • Address 10 Downing Street
    • Neighborhood West Village
    • Borough Manhattan
    • Square feet 2,500
    • Publication Date 07/01/2012
    • Event Date 05/22/2012
    • Party 1 Stonehenge Partners
    • Party 1 Brokerage New York Commercial Real Estate Services
    • Party 1 Broker Ken Brandman, Abe Bichoupan
    • Party 2 Green Apple Group
    • Party 2 Brokerage New York Commercial Real Estate Services
    • Party 2 Broker Ken Brandman, Abe Bichoupan
    notes
    The restaurant signed a lease.
    • Event Sales
    • Address 364 West 18th Street
    • Neighborhood Chelsea
    • Borough Manhattan
    • Square feet 57,000
    • Price $ 33,800,000
    • Price per foot $ 592.98
    notes
    The property sold for $33.8 million. The buyer plans to rename the building Stonehenge 18, improve the apartments and reposition the building's retail space, which is currently configured as eight storefronts.
    • Event Sales
    • Address 1026 First Avenue
    • Neighborhood Midtown East
    • Borough Manhattan
    • Square feet 290,480
    • Price $ 109,000,000
    • Price per foot $ 375.24
    notes
    The 290,480 sf property sold for $109 million.
    • Event Sales
    • Address 1143 Second Avenue
    • Neighborhood Lenox Hill
    • Borough Manhattan
    • Square feet 85,000
    • Price $ 47,000,000
    • Price per foot $ 552.94
    • Publication Date 11/01/2011
    • Event Date 09/22/2011
    • Party 1 KFJ Realty
    • Party 2 Stonehenge Partners
    notes
    The property sold for $47 million. The building contains 52 studios and 41 one-bedrooms, and has about 10,000 square feet of ground-floor commercial space. The building has 77,000 square feet of development rights.
    • Event Retail Leasing
    • Address 10 Downing Street
    • Neighborhood West Village
    • Borough Manhattan
    • Square feet 850
    notes
    The eyewear retailer signed a lease.
    • Event Retail Leasing
    • Address 10 Downing Street
    • Neighborhood West Village
    • Borough Manhattan
    • Square feet 3,000
    notes
    The steakhouse signed a lease.
    • Event Retail Leasing
    • Address 10 Downing Street
    • Neighborhood West Village
    • Borough Manhattan
    • Square feet 3,070
    • Publication Date 10/01/2011
    • Event Date 08/22/2011
    • Party 1 Stonehenge Partners
    • Party 1 Brokerage Newmark Grubb Knight Frank
    • Party 1 Broker Amira Yunis, Jared Lack
    • Party 2 Emigrant Bank
    • Party 2 Brokerage Milstein Brothers Real Estate
    • Party 2 Broker Gere Ricker
    notes
    The bank signed a lease for another location.
    • Event Sales
    • Address 401 West 56th Street
    • Neighborhood Clinton
    • Borough Manhattan
    • Price $ 37,960,000
    notes
    The rental building sold for $37.96 million.
    • Event Retail Leasing
    • Address 141 East 33rd Street
    • Neighborhood Kips Bay
    • Borough Manhattan
    • Square feet 6,000
    • Publication Date 11/01/2010
    • Event Date 09/22/2010
    • Party 1 Stonehenge Partners
    • Party 2 NYU Hospitals Center
    notes
    The medical center leased retail space. It will be used as an ambulatory imaging center.
    • Event Sales
    • Address 555 Sixth Avenue
    • Neighborhood Chelsea
    • Borough Manhattan
    • Square feet 180,000
    • Price $ 67,340,000
    • Price per foot $ 374.11
    • Publication Date 09/01/2010
    • Event Date 07/23/2010
    • Party 1 St. Vincent's Hospital
    • Party 2 Stonehenge Partners, SITQ
    notes
    The sale of the building closed for $67.34 million. The buyers had won the property in an auction in June, which followed the bankruptcy of St. Vincent's Hospital in April.
    • Event Retail Leasing
    • Address 103 West 14th Street
    • Neighborhood Chelsea
    • Borough Manhattan
    • Square feet 1,958
    notes
    The organic burger chain signed a lease for its first Manhattan location. The eatery, which has an additional 1,200 square feet in the basement, is slated for a May 2010 opening.
    • Event Financing
    • Address 108 West 15th Street
    • Neighborhood Chelsea
    • Borough Manhattan
    • Square feet 44,000
    • Price $ 15,330,000
    notes
    A $15.33 million first mortgage over a five-year term was provided to refinance the property, at a 5.625 percent interest rate. Stonehenge bought the building in June 1997 for $5.84 million with $2.4 million in equity. The property was first refinanced in 2002 for around $6 million and was again refinanced in 2004 for $11.6 million. 6-story apartment building, 55 units total.
    • Event Retail Leasing
    • Address 10 Downing Street
    • Neighborhood West Village
    • Borough Manhattan
    • Square feet 629
    notes
    The restaurant inked an expansion lease for 14 years and four months. The reported asking rent was $150 per square foot.
    • Event Retail Leasing
    • Address 10 Downing Street
    • Neighborhood West Village
    • Borough Manhattan
    • Square feet 819
    • Publication Date 10/01/2008
    • Event Date 08/22/2008
    • Party 1 Stonehenge Partners
    • Party 1 Brokerage Sinvin Real Estate
    • Party 1 Broker Christopher Owles, Kristin McCann
    • Party 2 Motorcycle Federation
    • Party 2 Brokerage European-American Properties
    • Party 2 Broker Josh Gunsberger
    notes
    The fashion retailer inked a 10-year lease. The reported asking rent was $175 per square foot.
    • Event Retail Leasing
    • Address 10 Downing Street
    • Neighborhood West Village
    • Borough Manhattan
    • Square feet 2,500
    • Publication Date 05/01/2008
    • Event Date 03/22/2008
    • Party 1 Stonehenge Partners
    • Party 2 Silvano Marchetto
    notes
    The Italian restaurateur inked a 15-year lease. The reported asking rent was $150 per square foot.
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