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    One Worldwide Plaza

    825 Eighth Avenue
    New York, NY 10019
    Office

    One Worldwide Plaza is a 778-foot mixed-use office and residential skyscraper in Midtown, Manhattan. It was built in 1989 by Zeckendorf Realty and the office portion was designed in the postmodernist style by David Childs of Skidmore, Owings & Merrill. Residential architecture was done by Frank Williams, The building totals 2,080,000 square feet. It is located at the former site of the third Madison Square Garden. The tower top, known as Davids Diamond, is made of 200 tons of copper.

    In 2009, Deutsche bank sold the building for $600 million, after having bought it for $1.74 billion just two years previous from Harry Macklowe. George Comfort & Sons bought the property from Deutsche Bank. In 2013, American Realty Capital (now New York REIT) bought 48.9 percent of the building and rights to purchase the rest. They beat out RXR Realty to win the bid.

    Commercial tenants in the building include Nomura Securities International, who leases a gargantuan 717,248-square-feet, covering 16 floors. Law firm Cravath, Swaine & Moore lease 617,135-square-feet. Other big leases include WNET (102,710 square feet), WebMD (47,342 square feet) and M Shanken Communications (38,418 square feet).

    • Address 825 Eighth Avenue
    • neighborhood Midtown
    • borough Manhattan
    • owner George Comfort & Sons, American Realty Capital Trust
    • owner entity WWP OFFICE, LLC
    • height in feet 778
    • floors 49
    • Year Built 1987
    • square feet 2,080,000
    • block and lot 1-01040-0029
    • BIN 1076203
    • Event Office Leasing
    • Address 1 Worldwide Plaza
    • Neighborhood Midtown West
    • Borough Manhattan
    • Square feet 33,000
    • Publication Date 07/01/2015
    • Event Date 05/22/2015
    • Party 1 George Comfort & Sons, RCG Longview, DRA Advisors, New York REIT
    • Party 1 Brokerage George Comfort & Sons
    • Party 1 Broker Peter Duncan, Matt Coudert
    • Party 2 Prometheus Global Media
    • Party 2 Brokerage Newmark Grubb Knight Frank
    • Event Office Leasing
    • Address 1 Worldwide Plaza
    • Neighborhood Lincoln Square
    • Borough Manhattan
    • Square feet 32,600
    notes
    The media company signed a lease to occupy the 30th floor. The reported asking rent was $70 per square foot.
    • Event Retail Leasing
    • Building Name One Worldwide Plaza
    • Address 350 West 50th Street
    • Neighborhood Midtown West
    • Borough Manhattan
    • Square feet 1,819
    • Publication Date 09/01/2012
    • Event Date 07/23/2012
    • Party 1 George Comfort & Sons
    • Party 1 Brokerage George Comfort & Sons
    • Party 1 Broker Andrew Halder
    • Party 2 Just Salad
    • Party 2 Brokerage New Street Realty Advisors
    notes
    The salad eatery signed a lease.
    • Event Retail Leasing
    • Address One Worldwide Plaza
    • Neighborhood Hell's Kitchen
    • Borough Manhattan
    • Square feet 1,819
    • Publication Date 09/01/2012
    • Event Date 07/18/2012
    • Party 1 George Comfort & Sons
    • Party 1 Brokerage George Comfort & Sons
    • Party 1 Broker Andrew Halder
    • Party 2 Just Salad
    • Party 2 Brokerage New Street Realty Advisors
    notes
    The salad eatery signed a lease.
    • Event Retail Leasing
    • Address 825 Eighth Avenue
    • Neighborhood Midtown West
    • Borough Manhattan
    • Square feet 1,685
    • Publication Date 08/01/2012
    • Event Date 06/22/2012
    • Party 1 Worldwide Plaza
    • Party 1 Brokerage In-house
    • Party 2 Pret A Manger
    • Party 2 Brokerage RKF
    • Party 2 Broker Joshua Strauss, Jackie Totolo
    notes
    The sandwich chain signed a lease for another location.
    • Event Retail Leasing
    • Address 825 Eighth Avenue
    • Neighborhood Midtown West
    • Borough Manhattan
    • Square feet 1,300
    • Publication Date 03/01/2011
    • Event Date 01/20/2011
    • Party 1 George Comfort & Sons
    • Party 2 Blue Dog
    • Party 2 Brokerage ZE Realty Group
    • Party 2 Broker Joshua Roth, Scott Edlitz
    notes
    The café signed a lease.
    • Event Office Leasing
    • Address 825 Eighth Avenue
    • Neighborhood Midtown West
    • Borough Manhattan
    • Square feet 95,000
    • Price per foot $ 50.00
    • Publication Date 10/01/2010
    • Event Date 08/22/2010
    • Party 1 George Comfort & Sons
    • Party 1 Brokerage In-house
    • Party 2 WNET
    • Party 2 Brokerage Cushman & Wakefield
    • Party 2 Broker Charles Borrock, Barry Zeller
    notes
    The public television station signed a 16-year lease on the 12th and 14th floors and on the concourse level
    • Event Office Leasing
    • Address 825 Eighth Avenue
    • Neighborhood Midtown West
    • Borough Manhattan
    • Square feet 50,000
    • Price per foot $ 62.00
    • Publication Date 07/10/2010
    • Event Date 05/31/2010
    • Party 1 George Comfort & Sons
    • Party 1 Brokerage In-house
    • Party 2 WebMD
    • Party 2 Brokerage Newmark Grubb Knight Frank
    • Party 2 Broker Kyle Ciminelli, David Falk
    notes
    The online healthcare advice provider signed a 10-year lease for the entire 11th floor
    • Event Sales
    • Building Name Worldwide Plaza
    • Address 825 Eighth Avenue
    • Neighborhood Midtown West
    • Borough Manhattan
    • Square feet 1,600,000
    • Price $ 600,000,000
    • Price per foot $ 375.00
    • Publication Date 08/01/2009
    • Event Date 06/22/2009
    • Party 1 Deutsche Bank
    • Party 1 Brokerage Eastdil Secured
    • Party 2 George Comfort & Sons, RCG Longview
    notes
    After the last deal fell apart in June, George Comfort & Sons and RCG Longview recently completed a $600 million deal with Deutsche Bank to purchase Worldwide Plaza. Rather than creating a joint venture, Deutsche Bank will provide a $470 million mortgage for George Comfort, which will put up about $135 million in equity. The price comes to about $375 a square foot. Deutsche Bank will write down the original $1 billion mortgage it held on the property when Macklowe Properties bought the building in 2007. Deutsche Bank seized the property last year, along with six others, from Macklowe to settle unpaid debt.
    • Event Office Leasing
    • Building Name One Worldwide Plaza
    • Address 350 West 50th Street
    • Neighborhood Midtown West
    • Borough Manhattan
    • Square feet 600,000
    • Price per foot $ 39.00
    • Publication Date 08/01/2007
    • Event Date 06/22/2007
    • Party 1 Macklowe Properties
    • Party 1 Brokerage CBRE
    • Party 2 Cravath Swaine & Moore
    • Party 2 Brokerage Savills Studley
    notes
    The law firm signed a 15-year lease renewal worth $900 million under its current lease, which expires in 2009.
    • Event Office Leasing
    • Address One Worldwide Plaza
    • Neighborhood Financial District
    • Borough Manhattan
    • Square feet 600,000
    • Publication Date 08/01/2007
    • Event Date 06/17/2007
    • Party 1 Macklowe Properties
    • Party 1 Brokerage CBRE
    • Party 2 Cravath Swaine & Moore
    • Party 2 Brokerage Studley
    notes
    The law firm signed a 15-year lease renewal worth $900 million, or $100 per square foot. The company had been paying $39 per square foot under its current lease, which expires in 2009.
    • Event Office Leasing
    • Address 825 Eighth Avenue
    • Neighborhood Midtown West
    • Borough Manhattan
    • Square feet 30,000
    • Publication Date 01/01/2007
    • Event Date 11/22/2006
    • Party 1 Equity Office
    • Party 1 Brokerage CBRE
    • Party 2 International Creative Management
    • Party 2 Brokerage Cushman & Wakefield
    • Party 2 Broker D Schlather, Michael Burlant, Ryan Masiello
    notes
    The tenant is relocating from 40 West 57th Street.

    02/01/2018
    Eastdil, meanwhile, had a calamitous 2017, falling by 88 percent in dollar volume year over year. The firm’s CEO, Roy March, has taken a more hands-on role in the firm’s New York office, which is led by David Lazarus. But aside from brokering Ivanhoe Cambridge’s $652 million purchase of 85 Broad Street and co-brokering New York REIT’s sales of 1440 Broadway and One Worldwide Plaza with CBRE, Eastdil struggled to stand on its own in the absence of its star team...
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