15 Park Avenue | The Real Deal New York

The Real Deal New York

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15 Park Avenue

15 Park Avenue
New York, NY 10016
Residential, Leasing/Rental, Multifamily
  • Address 15 Park Avenue
  • neighborhood Murray Hill
  • borough Manhattan
  • owner LeFrak Organization
  • owner entity 15-17 PARK AVENUE DEL
  • floors 16
  • Year Built 1924
  • residential units 100
  • commercial units 2
  • total units 102
  • square feet 71,115
  • block and lot 1-00890-0005
  • BIN 1018548

02/14/19
Not long after closing on a $28.5 million pad at 56 Leonard last spring, the new owner had a problem. More than one, actually. The...

01/18/19
Knotel, the flexible office space firm and WeWork arch-rival, has signed another four New York leases, joining the co-working space race of 2019. The firm,...

01/17/19
Industrious, the New York-based co-working firm, is expanding its footprint in the city in a move the company has been reluctant to make until now....

11/26/18
Not long after closing on a $28.5 million pad at 56 Leonard last spring, the new owner had a problem. More than one, actually. The...

08/24/18
The Durst Organization is refinancing its Harlem project along Park Avenue courtesy of a $95 million loan from M&T Bank. The Buffalo-based bank had already...

07/24/18
David Cheikin, the former head of Brookfield Property Partners’ New York and Boston offices, is joining Columbia Property Trust. The real estate investment trust named...

06/01/18
The real estate arm of TIAA is continuing its attempt at a New York property purge. TH Real Estate is looking to sell a 49...

05/08/18
Not long after closing on a $28.5 million pad at 56 Leonard last spring, the new owner had a problem. More than one, actually. The...

Not long after closing on a $28.5 million pad at 56 Leonard last spring, the new owner had a problem. More than one, actually. The...

03/14/18
Michael Stoler, 70, is a managing director at the real estate management firm Madison Realty Capital. But he’s better known as the host of the...

03/13/18
Zeckendorf Development has landed a $175 million refinancing package from HSBC for its luxury condominium project at 520 Park Avenue, according to property records. HSBC...

Michael Stoler, 70, is a managing director at the real estate management firm Madison Realty Capital. But he’s better known as the host of the...

02/27/18
WeWork isn’t the only co-working company capable of raising a lot of money. Brooklyn-based Industrious landed $80 million in a Series C funding round, the...

01/15/18
In the world of mid-market New York City investment sales last week, Durst bought a four-story resi building in Harlem and Super Fi Emporium acquired...

11/06/17
There was a noticeable slowdown in office leasing activity in October. In September, the top 10 biggest office leasing deals totaled over 1.2 million square...

11/02/17
TRD compiled data on the priciest condo projects for each of the past three decades and the current one so far....

10/31/17
Facebook’s most famous opponents will take their company to Park Avenue South....

10/06/17
Online publisher BDG Media is expanding its footprint at Columbia Property Trust’s 315 Park Avenue South. BDG owns and operates Bustle, a women’s lifestyle and...

07/02/17
From LLNYC: Sheila Rosenblum, head of the Lady Sheila Stables horse racing syndicate, has just bought an apartment at 151 East 58th Street for $10.3 million...

04/03/17
Luxury contracts last week fell to their lowest weekly total in more than a month. In the period between March 27 and April 2, a...

04/01/17
White House senior adviser Jared Kushner will continue to hold personal stakes, possibly worth more than $150 million, in at least 40 New York City...

03/28/17
Co-working startup Industrious acquired the office sublet listing site PivotDesk and announced a new $25 million funding deal as it prepares to take on WeWork...

03/08/17
Columbia Property Trust is in contract to acquire the land beneath 147-149 Madison Avenue for nearly $88 million, sources told The Real Deal. Tags: eastdil...

02/19/17
From Luxury Listings NYC: Sheila Rosenblum, head of the Lady Sheila Stables horse racing syndicate, has listed her spacious and newly-renovated duplex at Zeckendorf’s 515 Park...

12/19/16
Financial technology provider TradingScreen signed a 10-year lease for nearly 20,000 square feet at Vornado Realty Trust’s One Penn Plaza. Tags: One Penn Plaza, Vornado...
  • Event Financing
  • Building Name 15-17 Park Avenue
  • Address 15 Park Avenue
  • Neighborhood Murray Hill
  • Borough Manhattan
notes
A $26 million financing with a secure rate of 5.4 percent over a five-year, interest-only term was negotiated for the prewar multifamily properties, which have 99 residential units and three professional units. Two 16-story buildings

Residential condo development is the riskiest sector within the risky business of real estate. Evidence for that is found in both the outsized returns builders...

New York office leasing improved significantly over the past year. But the steady pace of deals wasn’t enough to fill all the large blocks of...

Source: Information from Cassidy Turley, CBRE, and news sources. Numbers are for portions of building, not entire towers. Three years ago, with the country in the...