Jeff Sutton | The Real Deal New York

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Jeff Sutton

President
Wharton Properties
500 Fifth Avenue, 54th Floor
New York, NY 10110
(212) 573-6464
Website

Jeff Sutton is the founder and president of Wharton Properties and one of the most prolific retail landlords in New York City. Forbes estimates his net worth at $3 billion.

He and his firm own vast amounts of retail space in the five boroughs, including at marquee addresses such as 1551 and 1515 Broadway, 141 Fifth Avenue, 717 and 720 Fifth Avenue and 379 West Broadway. All totaled, Sutton controls more than 120 properties in the city. He is also a regular partner on acquisitions and sales with SL Green Realty, the city's largest commercial landlord.

A Brooklyn native and graduate of the University of Pennsylvania's business program the Wharton School (hence his firm's name), Sutton got his start brokering store sites for Payless Shoes in the outer boroughs. He gradually parlayed that into a major fortune. His clients and tenants have included brand names such as American Eagle, Nike and Prada.

Sutton was born in 1960 and lives in the Flatbush section of Brooklyn with other members of New York's Syrian Jewish community. He also has a summer home in Deal, New Jersey.


04/19/17
...Current listings include an 8,000-square foot storefront at Jeff Sutton and Aurora Capital’s 511 Fifth Avenue asking $45,000 per day, a 50,000-square-foot warehouse in the...

04/17/17
...in his presidency. Eliot Tawil, a principal at Jeff Sutton’s Wharton Properties, donated $50,000 to the Trump Victory political action committee, campaign finance records...

04/17/17
...contract to sell the buildings to Joseph Sutton, Jeff Sutton’s son, for about $145 million, but that deal was called off. Madison, which has...

04/03/17
...City retail landlords including SL Green Realty and Jeff Sutton are offering major tenant perks in order to lure tenants. Joe Sitt’s Thor...

03/29/17
...portfolio to Joseph Sutton, son of retail mogul Jeff Sutton, for $145 million, but sources said that deal is now off the table. The bankruptcy...

03/28/17
...Bloomberg reported. For example, SL Green Realty and Jeff Sutton offered to takeover Nike's lease at Trump Tower to make way for its $700 million...

03/21/17
...a net worth pegged at $3.7 billion. Retail magnate Jeff Sutton -- who has $3.6 billion -- came in at 522nd. President Donald Trump worth is...

03/10/17
...Jeff Sutton and 100 West 125th Street in Harlem (Credit: Meridian Capital Group via CO) Jeff Sutton...

02/24/17
...projects deemed risky. Earlier this week, retail mogul Jeff Sutton raised $233 million through bond sales in Israel, as The Real Deal first reported.  --...

02/23/17
...is engineering a sale of the portfolio to Jeff Sutton for about $145 million...

02/21/17
...Jeff Sutton Jeff Sutton completed an institutional tender on the Tel Aviv Stock Exchange, raising $233 million at an...

02/14/17
...Building to a group of investors lead by Jeff Sutton for $1.78 billion. In an interview with the New York Times in 2015, Winter said his...

02/09/17
...a joint venture between SL Green Realty and Jeff Sutton...

02/08/17
...From left: 747 Madison Avenue, 40 West 34th Street and Jeff Sutton Jeff Sutton is seeking to raise up to $100 million in bonds on the Israeli...

02/06/17
...sources said Joseph Sutton, son of retail mogul Jeff Sutton, signed a hard contract to buy the buildings from Toledano for about $145 million. Madison...

01/27/17
...From left: Marc Holliday, 724 Fifth Avenue and Jeff Sutton SL Green and Jeff Sutton's Wharton Properties pulled off a $235 million loan to refinance...

01/20/17
...Eighth Avenue and Jeff Sutton A group of investors led by Jeff Sutton refinanced a Times Square retail property...

12/27/16
...From left: Jeff Sutton, Marc Holliday, Joanne Podell and 650 Fifth Avenue UPDATED, 11:30 a.m., Dec. 28: The Manhattan retail...

12/07/16
...West 34th Street (inset from top: Jeff Sutton and George Klett) UPDATED, Jan. 5, 12:23 p.m.: Jeff Sutton’s Wharton Properties obtained a...

12/05/16
...Attendees at the Javits Center included Wharton Properties’ Jeff Sutton, Cushman & Wakefield’s Joanne Podell, Eastern Consolidated’s Adelaide Polsinelli, Meridian Capital Group...

12/05/16
...little over a year. From left: Marc Holliday, Jeff Sutton and the retail space at 650 Fifth Avenue Nike kicks market into frenzy with 650 Fifth...

12/05/16
...Shopping Centers Group hosted its annual ICSC party. Jeff Sutton was in attendance – presumably enjoying “congrats” for his big deal with Nike at 650 Fifth...

11/30/16
...the lease earlier Wednesday. SL Green Realty and Jeff Sutton...

11/30/16
...From left: 747 Madison Avenue, 29 West 34th Street and Jeff Sutton Jeff Sutton’s Wharton Properties is seeking to raise $100 million on the Tel Aviv...

11/26/16
...Jeff Sutton When asked last month about investor Jeff Sutton, a spokesperson for a major commercial brokerage innocently responded: “Who’s that?” The question...
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12/21/15
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