592 Seventh Avenue
- Address 592 Seventh Avenue
- neighborhood Times Square
- borough Manhattan
- owner RXR Realty
- owner entity RXR 5TS JUNIOR MEZZ III LLC
- floors 38
- Year Built 2000
- commercial units 3
- total units 3
- square feet 1,100,000
- block and lot 1-01013-0029
- BIN 1024656
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- Event Financing
- Address 5 Times Square
- Neighborhood Times Square
- Borough Manhattan
- Square feet 1,000,000
- Price $ 782,000,000
- Publication Date 05/01/2017
- Event Date 03/17/2017
- Party 1 RXR Realty
- Party 2 Morgan Stanley
notes
The landlord struck a deal to refinance $1.4 billion in debt, including $782 million in a secured loan and was expecting an additional $618 million in mezzanine debt.
- Event Office Leasing
- Address 5 Times Square
- Neighborhood Times Square
- Borough Manhattan
- Square feet 95,441
- Price per foot $ 75.00
- Publication Date 01/01/2009
- Event Date 11/22/2008
- Party 1 AVR Realty
- Party 1 Brokerage In-house
- Party 2 Comcast
- Party 2 Brokerage CBRE
- Party 2 Broker Stephen Siegel, Robert Stillman
notes
The cable television company signed a 14-year lease for the ninth, 10th and 11th floors. Ernst & Young previously occupied the space. The tenant is relocating from 1114 Sixth Avenue.
- Event Retail Leasing
- Address 5 Times Square
- Neighborhood Times Square
- Borough Manhattan
- Square feet 13,000
- Publication Date 01/01/2009
- Event Date 11/22/2008
- Party 1 AVR Realty
- Party 1 Brokerage Zelnik & Company
- Party 1 Broker Cory Zelnik
- Party 2 Sephora
- Party 2 Brokerage Madison HGCD
- Party 2 Broker Virginia Pittarelli
notes
The cosmetics retailer signed a lease for a triplex flagship. The reported asking rent was around $346 per square foot. The makeup chain already has a 3,000-square-foot shop nearby at 1500 Broadway.
- Event Sales
- Address 5 Times Square
- Neighborhood Times Square
- Borough Manhattan
- Square feet 1,100,000
- Price $ 1,280,000,000
- Price per foot $ 1,163.64
- Publication Date 01/01/2007
- Event Date 11/22/2006
- Party 1 Boston Properties
- Party 2 AVR Realty Co.
notes
The REIT sold the property for $1.28 billion, or approximately $1,164 per square foot.
- Event Sales
- Address 210 West 42nd Street
- Neighborhood Times Square
- Borough Manhattan
- Square feet 12,000
- Publication Date 03/01/2006
- Event Date 01/20/2006
- Party 2 The Children's Place
notes
Holder of the Disney Stores franchise bought the lease to the former Times Square Brewery restaurant during a bankruptcy court auction. The space is at the bottom of 5 Times Square, which is owned by Boston Properties.