World Wide Group | TRD Research
X


NAME


EMAIL


SUGGESTED
UPDATE


[wpgdprc "By using this form you agree with the storage and handling of your data by this website."]

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

World Wide Group

950 Third Avenue
New York, NY 10022
(212) 486-2000
Website
[email protected]

World Wide Group is a real estate investment firm. Originally founded in the 1940s as an import/export company and a decade later as the first American distributor of Volkswagen, World Wide Group has since focused its business primarily on developing high-rise luxury apartment buildings. The companys approach to real estate acquisitions is to treat each project as a stand-alone business venture, which has allowed it to develop or invest in several profitable buildings. All told World Wide has developed more than $7 billion in real estate, from industrial sites during its early years to luxury residences currently. Among its most notable properties are Worldwide Plaza in Midtown, City Lights in Long Island City, and 71 Broadway in the Financial District. It also has been one of the developers focused on redeveloping Greenpoint in Brooklyn, paying $103 million in 2016 for a rental property (the highest price tag up until that point in the history of the neighborhood). In 2014 World Wide unveiled its condo building at 252 East 57th Street, and the following year sold six contiguous Upper East Side parcels at 143-161 60th Street.

  • Event Retail Leasing
  • Address 23-01 Queens Plaza North
  • Neighborhood Long Island City
  • Borough Queens
  • Square feet 2,149
notes
The dentist inked a lease for the Long Island City building.
  • Event Retail Leasing
  • Address 4215 Crescent Street
  • Neighborhood Long Island City
  • Borough Queens
  • Square feet 300
notes
The barber inked a lease for the Long Island City space.
  • Event Retail Leasing
  • Address 4215 Crescent Street
  • Neighborhood Long Island City
  • Borough Queens
  • Square feet 2,021
notes
The pharmacy signed a lease for the Long Island City space.
  • Event Office Leasing
  • Address 4215 Crescent Street
  • Neighborhood Long Island City
  • Borough Queens
  • Square feet 2,100
notes
The dentist inked a lease for the Long Island City space.
  • Event Retail Leasing
  • Address 4215 Crescent Street
  • Neighborhood Long Island City
  • Borough Queens
  • Square feet 575
notes
The bakery signed a lease for the Long Island City location.
  • Event Retail Leasing
  • Address 4215 Crescent Street
  • Neighborhood Long Island City
  • Borough Queens
  • Square feet 2,400
notes
The gym inked a lease for the Long Island City space.
  • Event Sales
  • Address 1065 Second Avenue
  • Neighborhood Sutton Place
  • Borough Manhattan
  • Square feet 313,283
  • Price $ 278,000,000
notes
The buyer acquired the Sutton Place property for $278 million.
  • Event Retail Leasing
  • Address 42-15 Crescent Street
  • Neighborhood Long Island City
  • Borough Queens
  • Square feet 2,145
notes
The fitness chain inked a lease in Long Island City.
  • Event Financing
  • Address 42-15 Crescent Street
  • Neighborhood Long Island City
  • Borough Queens
  • Price $ 32,000,000
  • Publication Date 08/01/2016
  • Event Date 06/17/2016
  • Party 1 World Wide Group
  • Party 2 Landesbank Hessen-Thuringen Girozentrale
notes
The company secured a $32 million loan.
  • Event Financing
  • Address 110 Green Street
  • Neighborhood Greenpoint
  • Borough Brooklyn
  • Square feet 185,000
  • Price $ 50,000,000
  • Publication Date 08/01/2016
  • Event Date 06/17/2016
  • Party 1 World Wide Group
  • Party 2 AXA Equitable Life Insurance Company
notes
The company secured a $50 million loan.
  • Event Sales
  • Address 110 Green Street
  • Neighborhood Greenpoint
  • Borough Brooklyn
  • Square feet 185,000
  • Price $ 103,000,000
  • Price per foot $ 556.76
notes
The 6-story building sold for $103 million.
  • Event Sales
  • Address 143 East 60th Street
  • Neighborhood Upper East Side
  • Borough Manhattan
  • Square feet 19,685
  • Price $ 300,000,000
  • Price per foot $ 15,240.03
  • Publication Date 11/01/2015
  • Event Date 09/22/2015
  • Party 1 World Wide Group
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Robert Knakal, Clint Olsen
  • Party 2 Kaufu Properties
notes
The development site, which includes $282,925 buildable square feet, sold for $300 million.
  • Event Sales
  • Address 93 Worth Street
  • Neighborhood Tribeca
  • Borough Manhattan
  • Square feet 165,000
  • Price $ 49,700,000
  • Price per foot $ 301.21
notes
The property sold for $49.7 million. The building is slated for conversion into a 96-unit residential condo.
  • Event Sales
  • Address 213 East 63rd Street
  • Neighborhood Lenox Hill
  • Borough Manhattan
  • Square feet 42,000
  • Price $ 32,300,000
  • Price per foot $ 769.05
notes
The property sold for $32.2 million, or about $767 per square foot. World-Wide originally bought the building in 2007 with plans to develop the school.
  • Event Retail Leasing
  • Address 110 Church Street
  • Neighborhood Tribeca
  • Borough Manhattan
  • Square feet 3,000
notes
The women's clothing retailer signed a lease to relocate its existing store on Park Place between Broadway and Church Street. The tenant plans to open the store this winter.
  • Event Retail Leasing
  • Address 1425 Second Avenue
  • Neighborhood Lenox Hill
  • Borough Manhattan
  • Square feet 1,200
  • Publication Date 09/01/2009
  • Event Date 07/23/2009
  • Party 1 World Wide Group
  • Party 1 Brokerage NAI Friedland Realty
  • Party 1 Broker Gene Meer
  • Party 2 Liberty Travel
notes
The travel agency inked a lease.
  • Event Retail Leasing
  • Address 33 Park Place
  • Neighborhood Tribeca
  • Borough Manhattan
  • Square feet 1,500
notes
The mobile telecommunications retailer inked a lease.
  • Event Financing
  • Address 50 Murray Street
  • Neighborhood Tribeca
  • Borough Manhattan
  • Square feet 620,552
notes
A $225 million fee and leasehold financing was arranged for the property. The building has 505 luxury apartments and 50,500 square feet of commercial space. 21-story mixed-use building.
  • Event Financing
  • Address 255 East 74th Street
  • Neighborhood Lenox Hill
  • Borough Manhattan
  • Publication Date 03/01/2008
  • Event Date 01/21/2008
  • Party 1 World Wide Group
  • Party 1 Brokerage Singer & Bassuk Organization
  • Party 2 Bank of America, Helaba Bank
notes
A $181.45 million construction and mezzanine financing was arranged for the luxury condominium building. 92-unit apartment building.
  • Event Financing
  • Address 213 East 63rd Street
  • Neighborhood Lenox Hill
  • Borough Manhattan
  • Publication Date 03/01/2008
  • Event Date 01/21/2008
  • Party 1 World Wide Group
  • Party 1 Brokerage Singer & Bassuk Organization
  • Party 2 Helaba Bank
notes
A $30.6 million acquisition financing was arranged for the property. Medical building.
  • Event Sales
  • Address 88 Greenwich Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Price $ 195,000,000
notes
Sold for $195 million; condo conversion planned
Queens, 11101
The World Wide Group, LIC 41-18TH 24TH STREET, LLC
41-22 24th Street is a 66,256 square foot property in the Long Island...
Brooklyn, 11222
110 GREEN STREET DEVELOPMENT LLC
...
Manhattan, 10017
World Wide Group, MILAN DEVELOPMENT LLC
...
Queens, 11101
THE WORLD WIDE GROUP, LIC 41-18TH 24TH STREET, LLC
4122 24 Street is a 66,256 square foot building in the Long Island...
Queens, 11101
MEADOW PARTNERS, WWG CRESCENT LLC
4215 Crescent Street is a 101,946 square foot building in the Long Island...
Queens, 11101
World Wide Group, 24TH STREET LIC LLC
...
Manhattan, 10022
WORLD WIDE GROUP, SNOWPLOW LH 2 LLC
The sponsor(s) filed plans on 04/09/14 for a condo project at 252 East...

06/01/2018
Stribling’s D’Arc also benefited from deals struck in 2016 at World Wide Group and Rose Associates’ 252 East 57th Street, where she had more than 50 closings...

05/01/2018
The contractor has completed construction on most of Billionaires’ Row, including Harry Macklowe and CIM Group’s 432 Park Avenue, World Wide Group and Rose Associates’ 252 East 57th Street, Vornado Realty Trust’s 220 Central Park South and Hines’ 53 West 53rd Street...

08/01/2017
In addition, some developers with new condo units to unload are dangling higher-than-standard commissions (usually 4 percent) to attract buyers’ brokers to their projects. Toll Brothers, the World Wide Group and Rose Associates are among the players that have adopted that strategy...

12/30/2015
  Clockwise from top left: Lu Zhiqian, a rendering of Riverside Center (credit: Christian de Portzamparc) (inset from top: Gary Barnett and James Linsley), a  Clockwise from top left: Lu Zhiqian, a rendering of Riverside Center (credit: Christian de Portzamparc) (inset from top: Gary Barnett and James Linsley), a...

09/09/2015
From left to right: Emily Beare, Leonard Steinberg, Ryan Serhant, Serena Boardman and Ilan Bracha (Illustration: Chris Manfre) “No player is bigger than the club,” From left to right: Emily Beare, Leonard Steinberg, Ryan Serhant, Serena Boardman and Ilan Bracha (Illustration: Chris Manfre) “No player is bigger than the club,”...

05/01/2015
Meanwhile, Stribling picked up new projects like 252 West 57th from World Wide Group and Rose Associates, a building where a penthouse will reportedly ask $37.5 million...
Queens, 11101
The World Wide Group, LIC 41-18TH 24TH STREET, LLC
41-22 24th Street is a 66,256 square foot property in the Long Island...