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    30 Park Avenue

    30 Park Avenue
    New York, NY 10016
    Retail, Residential, Leasing/Rental, Multifamily
    • Address 30 Park Avenue
    • neighborhood Garment District
    • borough Manhattan
    • owner Thor Equities
    • owner entity THOR 30 PARK AVENUE L
    • floors 20
    • Year Built 1955
    • residential units 237
    • commercial units 4
    • total units 241
    • square feet 236,315
    • block and lot 1-00865-0040
    • BIN 1017127
    • Event Sales
    • Address 30 Park Avenue
    • Neighborhood Garment District
    • Borough Manhattan
    • Price $ 97,000,000
    • Publication Date 11/01/2005
    • Event Date 09/22/2005
    • Party 1 Rudin family
    • Party 1 Brokerage Eastdil Secured
    • Party 1 Broker Douglas Harmon
    • Party 2 Blackrock, CalPERS
    The 236,000-square-foot Emory Roth & Sons-designed building sold for $97 million. About 70 percent of the units are rent-stabilized. Condo conversion is likely.

    And the activity has not been limited to the highest-profile developments. Buildings in more established neighborhoods, such as Flatiron’s 230 Park Avenue South and Midtown’s 390 Madison Avenue, also saw leases for more than 300,000 square feet...

    The space will house 19 vendors. The approximate yearly rent is said to be at $1,500,000. Ubanspace, which has another food hall at 230 Park Avenue, was represented by CBRE’s Amira Yunis and Anthony Stanford...

    Meanwhile, Meridian’s top deal was RXR Realty’s $785 million loan secured by 230 Park Avenue...

    (Click to enlarge) Just about everyone in the New York City real estate industry knows â€' or at least think they know â€' about the (Click to enlarge) Just about everyone in the New York City real estate industry knows â€' or at least think they know â€' about the...

    Not all the lenders were banks or CMBS bond holders. Insurer American International Group originated a $785 million acquisition loan, given to RXR Realty for the purchase of Midtown tower 230 Park Avenue on May 5...

    12 this year, down from No. 8 in 2009. At Brown Harris, the residential arm of the major real estate brokerage, fees start at $60,000 per year, said Paul Herman, the management division’s president. Brown Harris manages some of the city’s most exclusive buildings, such as 730 Park Avenue...

    The two sold a penthouse at 730 Park Avenue in Decemberto hedge funder Daniel Benton for $39 million, and recently represented Boardman’s brother-in-law, RFR Realty President Aby Rosen, in the $47 million sale of a townhouse at 22 East 71st Street to Qatari Prime Minister Sheikh Hamad bin Jassim bin Jabr al-Thani...

    But it was landing the complicated, historic assignment with Lambert in 1997 to sell the $5 billion commercial and residential portfolio of Leona Helmsley (amassed by her husband, Harry) that really put Eastdil on the map in Manhattan. The 125 buildings -- which included 230 Park Avenue, the Starrett-Lehigh Building at 601 West 26th Street, and the Graybar Building at 420 Lexington Avenue -- took several years to unload, but Eastdil was doing that unloading just as investment sales were really starting to grow in importance and volume in Manhattan...

    She, too, has several longstanding listings, like Rosen's townhouse at 22 East 71st Street, which she is marketing with Boardman. But she recently put #4/5C at 830 Park Avenue into contract...