693 Fifth Avenue
New York, NY 10022
(212) 529-7417
Website
693 Fifth Avenue is an office-and-retail building owned by French billionaire Marc Ladreit de Lacharrière. The structure, which has 20 stories and 105,000 square feet, was built in 1993.
It was originally the property and New York flagship of Japanese retailer Takashimaya. In June 2010, the company closed the store.
Thor Equities, a privately held real estate firm founded in 1986 by Joseph Sitt, acquired 693 Fifth Avenue for $142 million in 2010 after Takashimaya went bankrupt, and spent millions of dollars upgrading the property. Ladreit de Lacharrière, who bought it from Thor for $525 million in 2016, is chair and CEO of Fimalac, a French holding company that owns minority stakes in Fitch Ratings and Warburg Pincus.
- Address 693 Fifth Avenue
- neighborhood Plaza District
- borough Manhattan
- owner Thor Equities
- owner entity THOR 693 LLC
- sales/marketing Thor Equities, Michael Worthman, Adam Rappaport
- Year Built 1991
- square feet 101,319
- block and lot 1-01290-0003
- BIN 1035742
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- Event Office Leasing
- Address 693 Fifth Avenue
- Neighborhood Plaza District
- Borough Manhattan
- Square feet 5,844
- Publication Date 08/27/2018
- Event Date 08/21/2018
- Party 1 FIMALAC
- Party 1 Brokerage Savitt Partners
- Party 1 Broker Michael Dubin, Elliot Zelinger, Greg Lafayett
- Party 2 Escada
- Party 2 Brokerage Cushman & Wakefield
- Party 2 Broker Jim McCaffrey, Ethan Silverstein
- Event Office Leasing
- Address 693 Fifth Avenue
- Neighborhood Plaza District
- Borough Manhattan
- Square feet 6,072
- Publication Date 08/27/2018
- Event Date 08/21/2018
- Party 1 FIMALAC
- Party 1 Brokerage Savitt Partners
- Party 1 Broker Michael Dubin, Elliot Zelinger, Greg Lafayette
- Party 2 Bugatchi Uomo
- Party 2 Brokerage Bugatchi Uomo
- Party 2 Broker Stephane Abitbol
- Event Financing
- Address 693 Fifth Avenue
- Neighborhood Midtown East
- Borough Manhattan
- Square feet 96,500
- Price $ 250,000,000
- Price per foot $ 2,590.00
- Publication Date 08/01/2016
- Event Date 06/17/2016
- Party 1 Ladreit de Lacharrière
- Party 1 Brokerage CBRE
- Party 1 Broker Shawn Rosenthal, Jason Gaccione
- Party 2 JPMorgan Chase Bank
- Event Sales
- Address 693 Fifth Avenue
- Neighborhood Midtown
- Borough Manhattan
- Square feet 100,000
- Price $ 525,000,000
- Price per foot $ 5,250.00
- Publication Date 07/01/2016
- Event Date 05/15/2016
- Party 1 Thor Equities
- Party 1 Brokerage CBRE
- Party 1 Broker Darcy Stacom, Marcella Fasulo
- Party 2 Ladreit de Lacharrière
- Party 2 Brokerage Savitt Partners
- Party 2 Broker Robert Conover, Michael Dubin
- Event Retail Leasing
- Address 693 Fifth Avenue
- Neighborhood Midtown
- Borough Manhattan
- Square feet 5,300
- Publication Date 09/01/2015
- Event Date 07/23/2015
- Party 1 Thor Equities
- Party 1 Brokerage Thor Equities
- Party 1 Broker Adam Rappaport
- Party 2 Carpenters Workshop Gallery
- Party 2 Brokerage Redwood Property Group
- Event Sales
- Address 693 Fifth Avenue
- Neighborhood Plaza District
- Borough Manhattan
- Square feet 97,500
- Price $ 140,000,000
- Price per foot $ 1,435.90
- Publication Date 07/01/2010
- Event Date 05/22/2010
- Party 1 Brokerage JLL
- Party 1 Broker Nat Rockett
- Party 2 Thor Equities