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    Norman Sturner

    President & Chief Executive Officer
    MHP Real Estate Services
    277 Park Avenue, 21st Floor
    New York, NY 10172
    (212) 944 4747
    Website

    Norman Sturner is president and chief executive officer of MHP Real Estate Services, formerly Murray Hill Properties, which he co-founded in 1971 with Neil Siderow. He has acquired and sold more than 150 properties, with a total value exceeding $12 billion (as of May 2015). Together with Clarion Partners, in January 2015 the company bought Maiden Lane for $470 million, its largest purchase ever, and started a $28 million renovation of the 1.2-million-square-foot Class A office tower. Previous properties owned by MHP include the New York Stock Exchange building.

    A member of the Real Estate Board of New York, Sturner has been named to Commercial Observers Power 100 along with his son, David. He was born Sept. 6, 1940 in the Bronx, and grew up in Brooklyn and in Bayside, Queens.  -NE

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    • Event Sales
    • Address 295 Madison Avenue
    • Neighborhood Grand Central
    • Borough Manhattan
    • Square feet 330,000
    • Price $ 213,000,000
    • Price per foot $ 645.45
    • Publication Date 11/01/2013
    • Event Date 09/22/2013
    • Party 1 Family of late Sarah Korein
    • Party 1 Brokerage Eastdil Secured
    • Party 1 Broker Adam Spies
    • Party 2 Eretz Group
    • Party 2 Brokerage Murray Hill Properties
    • Party 2 Broker David Greene, Norman Sturner
    notes
    The property sold for $213 million.
    • Event Sales
    • Address 509 Fifth Avenue
    • Neighborhood Grand Central
    • Borough Manhattan
    • Square feet 60,000
    • Price $ 39,750,000
    • Price per foot $ 662.50
    notes
    The property sold for $39.75 million, the New York Post reported. The buyers acquired the building as a tenants-in-common entity, a form of joint ownership of property. The group plans to redevelop the building into a Class A office and retail property after current tenant Israeli Discount Bank's lease for the upper nine floors runs out at the end of the year, according to the paper.
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