10 East 52nd Street | The Real Deal New York

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10 East 52nd Street

10 East 52nd Street
New York, NY 10022
Office, Leasing/Rental, Ground Lease

10 East 52nd Street is a midtown Manhattan retail and office building completed in 1930. It is seven stories, and 78 feet tall with 17,841 square feet of gross floor area divided into two units. Crown Acquisitions, a family firm run by patriarch Stanley Chera and his sons, acquired a stake in the building in 2012 as part of a 49.9 percent purchase of the Olympic Tower complex, valued at the time at $1 billion. Crown and Oxford Properties Group acquired the remaining 50 percent interest in the retail and office portion of the complex in 2015 for $652 million. 10 East 52nd Street is located between Fifth and Madison Avenues, a zone that commands some of the worlds highest retail rents. -GM

  • Address 10 East 52nd Street
  • neighborhood Midtown
  • borough Manhattan
  • owner Crown Acquisitions
  • owner entity OT ECONOMIC JOINT VENTURE (DE) LP
  • height in feet 78
  • floors 7
  • Year Built 1930
  • square feet 17,841
  • block and lot 1-01287-0063
  • BIN 1035478

05/03/17
...as well as a seven-story office building at 10 East 52nd Street. Crown and partner Oxford Properties first bought a 50 percent stake in the 51-story tower...

05/31/13
Is Sam Chang getting back in the game? In recent weeks, his company, McSam Hotel Group — one of the city’s most prolific hotel developers...

05/14/12
...Fifth Avenue near 51st Street, a building at 10 East 52nd Street and two mansions north of the tower at $1 billion. Crown purchased the stake from...

11/29/10
From left: Sam Chang, architect Gene Kaufman, 538 West 48th Street, Abraham Hidary of Hidrock Realty and 25 West 37th Street (building photos credit: PropertyShark)The...

04/20/09
Hyatt Hotel & Resorts is opening two new hotels in the next year under its new brand called Andaz. One hotel is scheduled to open across from...

04/17/09
Sam Chang (left) and site of new Hyatt, 208-210 East 52nd Street Hotel Developer Sam Chang filed plans for a 225-key Hyatt Place hotel at 208-210 East...
  • Event Retail Leasing
  • Address 10 East 52nd Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 7,000
  • Publication Date 04/01/2008
  • Event Date 02/21/2008
  • Party 1 Olympic Tower Associates
  • Party 1 Brokerage Lansco
  • Party 1 Broker Alan Victor, Tom Duke
  • Party 2 Fig & Olive
  • Party 2 Brokerage CORE
  • Party 2 Broker Roger Eulau
notes
The Mediterranean restaurant inked a 10-year lease for 2,200 square feet of ground-floor space, 2,500 square feet of second-floor space and 2,487 square feet of lower-level space. The reported asking rent was $250 per square foot on the ground floor and $75 per square foot on the second floor. The restaurant expects to take occupancy in early 2008.
  • Event Retail Leasing
  • Address 10 East 52nd Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 7,600
  • Publication Date 02/01/2006
  • Event Date 12/23/2005
  • Party 1 Olympic Tower Associates
  • Party 1 Brokerage Grubb & Ellis
  • Party 1 Broker Harry Seherr-Thoss, D. West
  • Party 2 Cigar Club
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