Sheldon Solow | The Real Deal New York

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Sheldon Solow

CEO
Solow Realty & Development
9 West 57th Street
New York, NY
(212) 249-7500
Website

Sheldon Solow is a vetaran Manhattan real estate developer, and the CEO of Solow Realty & Development and an affiliated company, Solow Management. Forbes estimates his net worth at $3.6 billion. Solow was born in Brooklyn in 1928 and is the son of a bricklayer. He got his start in real estate in the early 1970s, when he built a 50-story office building at 9 West 57th Street called the Solow Building. He also owns a portfolio of East Side rental towers. He is known for litigiousness in his business dealings and has been described as reclusive.

Solow's most ambitious project is a development site along the East River that calls for seven towers on nine acres along First Avenue, just south of the United Nations. Construction has been delayed for 10 years due to legal battles between Solow and his partners.

Solow attended New York University but did not earn a degree. He is married to sculptor and jewelry designer Mia Fonssagrives-Solow with whom he has two children. His son, Stefan, works in the family real estate business. Solow collects modernist and Renaissance art.


04/26/18
...she dismissed a $1.4 billion suit brought by developer Sheldon Solow against insurer Conseco, in which Solow accused Conseco of bid-rigging when the firm and...

04/20/18
...brought by investor Leslie Dick against Donald Trump, Sheldon Solow, Harry Macklowe, George Soros, Conseco, Vornado Realty Trust and other plaintiffs, accusing the latter...

04/20/18
...West 57th Street and Sheldon Solow (Credit: Getty Images) After several years of assembling sites and wrangling with tenants in...

04/06/18
...Sheldon Solow, Stefan Soloviev and 685 First Avenue (Credit: Getty Images, Twitter and Richard Meier & Partners...

03/19/18
...From left: Floorplans at 685 First Avenue, Sheldon Solow and Richard Meier (Credit: Getty Images; Click to enlarge) With starchitect Richard Meier embroiled...

03/16/18
...projects in New York City in the works, Sheldon Solow’s 685 First Avenue — a 596-unit condo tower that topped out late last year — and...

02/27/18
...Zuckerman, Jeff Greene, Harry Macklowe and wife Linda, Sheldon Solow, Gwen Stefani, Stephen Schwarzman and Rod Stewart This story originally ran in August 2017: There...

02/06/18
...Sheldon Solow and renderings of 685 First Avenue (Credit: Richard Meier & Partners Architects) After going into...

01/18/18
...sits at 626 First Avenue on the site where Sheldon Solow was once planning a $4 billion megaproject. One of the buildings opened for business in...

01/03/18
...MacKenzie-Childs at 20 West 57th Street and Sheldon Solow (Credit: Getty Images) MacKenzie-Childs, a purveyor of hand-painted ceramics and colorful home goods, is...

...sits at 626 First Avenue on the site where Sheldon Solow was once planning a $4 billion megaproject. One of the buildings opened for business in...

11/08/17
...From left: Sheldon Solow and 9 West 57 Street, Edward Minskoff and 590 Madison Avenue Manhattan office asking rents in October...

10/30/17
...tenant might seem trivial. But this could be Sheldon Solow’s last stand — his final court battle. And, this time, a crucial piece of...

10/18/17
...landed at 115 with a net worth of $5.1 billion. Sheldon Solow clocked in at 140 and boasts a fortune worth $4.7 billion. Hartz Group CEO Leonard Stern...

10/11/17
...Rendering of 7 West 57th Street (Credit: City Realty) Sheldon Solow’s condominium at 7 West 57th Street will feature a curved, glass facade, the newly...

10/02/17
...in the old Four Seasons space. He and Sheldon Solow are running a master class on the finer points of being a litigation-happy property...

10/02/17
...take a look at old-school real estate mogul Sheldon Solow, whose reputation as a perennial litigator tends to precede him — though, those close to...

...tenant might seem trivial. But this could be Sheldon Solow’s last stand — his final court battle. And, this time, a crucial piece of...

...in the old Four Seasons space. He and Sheldon Solow are running a master class on the finer points of being a litigation-happy property...

09/13/17
...the ownership chart. It should be noted that Sheldon Solow’s namesake firm — where his son Stefan now works — ranked No. 4 for NOI with...

...the ownership chart. It should be noted that Sheldon Solow’s namesake firm — where his son Stefan now works — ranked No. 4 for NOI with...

08/18/17
...JP Morgan Chase. The loan was previously unreported. Sheldon Solow, 89, is currently trying to Evict An Antique Store From The West 57th Street building...

08/17/17
...Street, and instead sold the development site to Sheldon Solow for $128 million. JHSF bought the parcel in 2014 from Extell Development — which outbid Solow in...

...Zuckerman, Jeff Greene, Harry Macklowe and wife Linda, Sheldon Solow, Gwen Stefani, Stephen Schwarzman and Rod Stewart There were live camels, trapeze artists, a...

07/31/17
...request for comment. Apollo’s headquarters is at Sheldon Solow’s 9 West 57th Street overlooking Central Park, and that office is not affected by...
  • Event Office Leasing
  • Address 9 West 57th Street
  • Neighborhood Chelsea
  • Borough Manhattan
  • Square feet 5,000
  • Publication Date 12/01/2014
  • Event Date 10/17/2014
  • Party 1 Sheldon Solow
  • Party 1 Brokerage JLL
  • Party 2 Sportswear Holdings Ltd.
notes
The private equity firm signed a lease to occupy the 50th floor. The reported asking price was $200 per square foot.
  • Event Office Leasing
  • Address 9 West 57th Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 32,000
  • Price per foot $ 175.00
notes
The investment manager signed a 10-year lease for the entire 35th floor, Crain's reported.
  • Event Office Leasing
  • Address 9 West 57th Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 95,200
  • Publication Date 08/01/2013
  • Event Date 06/22/2013
  • Party 1 Sheldon Solow
  • Party 1 Brokerage JLL
  • Party 1 Broker Scott Panzer
  • Party 2 Och-Ziff Capital Management Group/ n/a
notes
The hedge fund signed a lease renewal for the entire 13th and 40th floors and part of the 39th floor, and took the rest of the 39th floor in an expansion.
  • Event Financing
  • Address 9 West 57th Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 1,600,000
notes
A $625 million loan was provided to refinance the building, Bloomberg News reported. Deutsche Bank AG beat out American International Group and JPMorgan Chase to provide the loan. office building.
  • Event Office Leasing
  • Address 380 Madison Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 3,815
  • Price per foot $ 69.00
notes
The nonprofit signed a five-year lease to expand into the building's 20th floor.
  • Event Office Leasing
  • Address 380 Madison Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 65,791
  • Publication Date 10/01/2008
  • Event Date 08/22/2008
  • Party 1 Sheldon Solow
  • Party 1 Brokerage CBRE
  • Party 2 United Nations
  • Party 2 Brokerage Newmark Grubb Knight Frank
notes
The international peacekeeping organization signed a six-year expansion lease. The U.N. now occupies more than 500,000 square feet at the building.
  • Event Sales
  • Address 19 West 56th Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 25,000
  • Price $ 15,000,000
  • Price per foot $ 600.00
notes
The American Cancer Society Building deal to sell its property to United American Land was flipped to Sheldon Solow for $15 million. United was in contract for several years as the ACS waited to relocate to a new building.
  • Event Office Leasing
  • Address 9 West 57th Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 12,000
  • Price per foot $ 150.00
notes
The Dallas-based venture capital firm inked a deal for space on the 38th floor.

11/11/16
...CEO Thomas F. Prendergast and Hudson Yards 7 train, Sheldon Solow and the Solow Building We're really starting to see where the estimated $20 billion price...

12/29/15
...the list is Chanel’s 230,000-square-foot expansion at Sheldon Solow’s 9 West 57th Street. The deal is worth $415 million to the landlord over its...

12/24/15
...was deemed a city landmark earlier this year. Sheldon Solow 8. 685 First Avenue, Manhattan, 770,000 square feet In August, billionaire Sheldon Solow revealed plans for a...

09/02/15
...largest residential filing of the month goes to Sheldon Solow, who finally has plans for a 42-story, 550-unit apartment tower at 685 First Avenue, a...
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