Commercial Sales |
Retail Leases |
Office Leases
Please submit deals to: deals@therealdeal.com
Please submit deals to: deals@therealdeal.com
| Address | Size Info | Buyer | Representative | Seller | Representative | Price | Notes | Issue |
|---|---|---|---|---|---|---|---|---|
| 704-706 Broadway map | retail condo | n/a | Brian Ezratty, Eastern Consolidated | n/a | George Moss, Eastern Consolidated | $8.0M | n/a | March 2005 |
| 4672 Broadway map | 5-story, 68-unit apt bldg | n/a | n/a | n/a | Ezratty, Ellard, Roth, Eastern Consolidated; Niblock, Friedman- Roth Realty | $5.0M | n/a | March 2005 |
| 171 Ludlow St map | One-story building | Morris Platt | n/a | n/a | n/a | $2.0M | Luna Lounge to be replaced by development | March 2005 |
| 240 Columbus Ave map | 9-unit apt. building, 1,500 sf retail | Custo Barcelona | Joshua Strauss, RKF | Del Corral Holdings | Paul Smadbeck, Massey Knakal | n/a | Fasion design buys building, to occupy retail space | March 2005 |
| Hutchinson Metro Center (Bronx) map | 24.5 acre site | Simone Development Companies | n/a | n/a | n/a | n/a | Purchases development site for 640,000 sf more office space | March 2005 |
| College Point Industrial Park map | 3.5 acre parcel | Local development group | S. Zuckerbrot, D. Weinstein, Sholom & Zuckerbrot Realty | n/a | S. Zuckerbrot, D. Weinstein, Sholom & Zuckerbrot Realty | n/a | Plans for 200,000 sf of commercial buildings | March 2005 |
| 11 East 29th St (Church of the Transfiguration) map | Air rights and two-story auxiliary building | Clarett Group | n/a | Church of the Transfiguration | n/a | n/a | Approx. 50-story residential tower to rise on site | March 2005 |
| Hutchinson Metro Center (Bronx) map | 24.5 acre site | Simone Development Companies | n/a | n/a | n/a | n/a | Purchases development site for 640,000 sf more office space | March 2005 |
| 240 Columbus Ave map | 9-unit apt. building; 1,500 sf retail | Custo Barcelona | Joshua Strauss, RKF | Del Corral Holdings | Paul Smadbeck, Massey Knakal | n/a | Fashion designer buys; to occupy retail space | March 2005 |
| 1107 Broadway and 200 Fifth Ave (International Toy Center) map | 2 connected buildings; 1.2M total sf | Joseph and Jacob Chetrit | n/a | W & H Properties | D. Stacom, B. Shanahan, CBRE | $350.0M | Reportedly will be converted to residential | February 2005 |
| 590 Fifth Ave map | 100,000 sf building | Stanley Chera, Lloyd Goldman, Jeffrey Feil | n/a | Western Heritable | Cushman & Wakefield | $54.0M | February 2005 | |
| Southeast corner of 67th St and First Ave map | 130,000 sf parcel | Investment group led by Izak Senbahar and Simon Elias | n/a | Collegiate Church | n/a | $43.0M | Sold for $300 to $400 per sf; condo development planned | February 2005 |
| Park Ave at East 37th St (Sheraton Russell Hotel) map | 146-room hotel | SJP Residential Properties | n/a | Starwood Hotels & Resorts Worldwide | n/a | $40.0M | To be converted to residential | February 2005 |
| 44 West 14th St and 121 West 21st St map | 2 parking lots | Ken Horn, Alchemy Properties | n/a | n/a | E. Anton, R. Solarz, Eastern Consolidated Properties | $35.0M | 65,000 sf and 70,000 sf sites will become residential | February 2005 |
| Near Fifth Ave and Bryant Park map | 189-room hotel | DiamondRock Hospitality Co. | n/a | n/a | n/a | $34.0M | To be converted into Marriott Courtyard | February 2005 |
| 11 East 36th St map | 12-story, 97,000 sf bldg | Bobker group (under the name Bluebell Assets) | n/a | Leon Charney | n/a | $16.0M | Vacant portions to become loft condos | February 2005 |
| 315-21 East 108th St map | 2 six-story apt bldgs, 45,192 sf total | Manhattan investor | n/a | n/a | S. Shkury, R. Knakal, Massey Knakal | $7.0M | February 2005 | |
| 45 Bay 19th St (Brooklyn) map | 7-story apt bldg | n/a | Eli Tabak | n/a | Aaron Jungreis | $7.0M | February 2005 | |
| 1019-1041 Winthrop St and 992-1002 Clarkson Ave (Brooklyn) map | 2 four-story apt bldgs | n/a | Aaron Jungreis | n/a | Aaron Jungreis | $7.0M | February 2005 | |
| 35-41 Seaman Ave (Brooklyn) map | 5-story apt bldg | n/a | J. Silver, M. Sparks, A. Jungreis, GFI Realty | n/a | J. Silver, M. Sparks, A. Jungreis, GFI Realty | $6.0M | February 2005 | |
| 5-15 49th Ave (Long Island City) map | 1 vacant warehouse | The Milestone Group | n/a | n/a | n/a | $5.0M | To be developed into condos | February 2005 |
| 236-238 East 75th St map | 2 5-story apt bldgs | n/a | R. Abudi, D. Berger, GFI Realty | n/a | R. Abudi, D. Berger, GFI Realty | $5.0M | February 2005 | |
| 1510 Second Ave map | 5-story, 8,160 sf mixed-use bldg | Manhattan developer | R. Knakal, T. Gammino, Massey Knakal | n/a | R. Knakal, T. Gammino, Massey Knakal | $4.0M | February 2005 | |
| 527 West 48th St map | 5-story apt building | Manhattan investor | n/a | n/a | Christoffer Brodhead, Massey Knakal | $3.0M | Building has 20 units | February 2005 |
| 20 Pine St map | 35-story building | Leviev Boymelgreen | Alice DiMarzio Newmark | Resnick and Ruben families | D. Stacom, B. Shanahan, CBRE | $150.0M | Will be converted to condos with ground-floor retail space | January 2005 |
| 450 West 15th St map | 8-story, 291,216 sf building | Angelo, Gordon & Co. | n/a | Moishe Mana and Erez Shternlicht | Douglas Harmon, Eastdil | $55.0M | January 2005 | |
| 218 West 40th St map | 12-story, 155,000 sf building | G. Kaufman, B. Savitt, Kaufman Organization; other investors | n/a | n/a | n/a | $46.0M | January 2005 | |
| 133-135 Greenwich St map | Development site | Thames Greenwich LLC | n/a | YL Real Estate | Edmond Levy, Brian Weiss, Cornerstone Property Group | $24.0M | New owners plan to develop 30-story condo | January 2005 |
| 478-486 Broadway map | 2 buildings | Vornado | n/a | n/a | n/a | $24.0M | January 2005 | |
| 120 West 86th St map | 12-story, 47-unit building | Joel Seiden, Ofer Yardeni, Stonehenge Partners | n/a | Baltimore-based family | Fred Rudd | $16.0M | To be known as Stonehenge West | January 2005 |
| 27 Wooster St map | empty lot | Axel Stawski | n/a | Enjay Associates | Peter Hauspurg, Eastern Consolidated | $15.0M | Condos to be built after rezoning | January 2005 |
| 425 Central Park West map | 7-story, 62-unit apt building | Manhattan investor | n/a | n/a | R. Knakal, M. Ferguson, P. Smadbeck, Massey Knakal | $13.0M | January 2005 | |
| 105 Chambers St (The Cary Building) map | 5-story, 45,600 sf commercial building | Maurice Laboz | Helmsley-Spear | Peter A. Williams | Hank Widmaier, Helmsley-Spear | $12.0M | Majority of building sold for $12M | January 2005 |
| 54 Spring St map | 7-story, 15,000 sf mixed-use building | n/a | Lee Odell, Lee Odell Real Estate Inc. | n/a | D. Shorenstein, M. Forrest, Citi Habitats | $7.0M | January 2005 | |
| 903 Madison Ave map | 5-story, 6,780 sf commercial building | n/a | n/a | n/a | Paul Massey, Massey Knakal | $7.0M | January 2005 | |
| 82-86 Bedford St map | 3 apt. buildings | Manhattan corporation | n/a | n/a | J. Nelson, J. Ciraulo, Massey Knakal | $6.0M | January 2005 | |
| 1326 Second Ave map | 5-story, 16-unit apt building | Manhattan user | n/a | n/a | T. Gammino, J. Ventura, Massey Knakal | $5.0M | January 2005 | |
| 2490 Frederick Douglass Blvd map | 5-story mixed-use building | 2490 FDB LLC | Ralph Trionfo, Upside Ventures | 224 Court LLC | Ralph Trionfo, Upside Ventures | n/a | Building has 12 apartments and 5 stores | January 2005 |
| 145 Hudson St map | 2,400 sf in commercial building | Tom Schierlitz | Roxanne Betesh, Sinvin Realty | n/a | Roxanne Betesh, Sinvin Realty | n/a | Photographer buys space | January 2005 |
| 547 Broadway map | 3-level retail co-op | AB Partners LLC | E.S. Altman, G. Schenker, S. Hornstock, in-house; L. Simon, Phillips Nizer | n/a | n/a | n/a | In Soho between Spring and Prince Sts | January 2005 |
| 420 Fifth Ave map | 72,000 sf retail condo | Dry Tank | n/a | Jamestown | Eastdil | n/a | Buys 2-story retail condo; CompUSA is tenant | January 2005 |
| 229 West 43rd Street (New York Times building) map | 15-story, 750,000 sf office building | Tishman Speyer Properties | n/a | The New York Times | D. Stacom, W. Shanahan, CBRE | $175.0M | Times will remain in building to 2007 | December 2004 |
| 110 William St map | 32-story, 850,00 sf office building | Swig Burris Equities | Cushman & Wakefield | Trizec Properties | Cushman & Wakefield | $165.0M | Expected to close by year-end | December 2004 |
| 1412 Broadway map | 400,000-sf building | Murray Hill Properties | Douglas Harmon, Eastdil Realty | Partnership led by a J.E. Robert Cos. fund | n/a | $105.0M | December 2004 | |
| 823-825 Park Ave map | 12-story apt. building | Ziel Feldman, Property Markets Group | Azita Aghravi, Eastern Consolidated | n/a | Azita Aghravi, Eastern Consolidated | $60.0M | December 2004 | |
| 240 West 73rd St (The Tempo) map | 16-story mixed-use high-rise | Apartment Investment and Management Company (AIMCO) | Georgia Malone, Georgia Malone & Co. | n/a | n/a | $51.0M | December 2004 | |
| 20 West 55th St and 13-15 West 54th St, NY map | 2 connected buildings | Skyline Developers | Richard Baxter, C & W | n/a | Richard Baxter, C & W | $41.0M | Former residence of Rockefeller family | December 2004 |
| 170 East 77th St map | 10-story rent-regulated mixed-use building | Dominion Management | n/a | Diamond family estate | n/a | $40.0M | Standard Realty Assoc. and Welbilt Realty Partners involved in deal | December 2004 |
| 86 Chambers St map | 8-story office space | DCD Group; Taib Bank | Richard Baxter, C & W | n/a | Richard Baxter, C & W | $36.0M | Office portion of 28-story building sold | December 2004 |
| 2 Fifth Ave map | 1 plot of land under building | 2 Fifth Ave shareholders | Biran Corcoran, C & W | Rudin family | Eastdil | $29.0M | Land sold, 20 years after building goes co-op | December 2004 |
| 10 West 65th St map | 6-story, 86-unit apt. building | Intel Management of Manhattan | n/a | n/a | M. Ferguson, P. Smadbeck, Massey Knakal | $23.0M | All-cash deal | December 2004 |
| 131-133 East 23rd St map | 12-story, 75-unit residential building | n/a | n/a | n/a | Brian Ezratty, Eastern Consolidated | $21.0M | Long-term leasehold interest sold | December 2004 |
| Sixth Ave btwn. 38th and 39th St map | 16,000-sf development site | Developer | n/a | n/a | Brian Ezratty, Eastern Consolidated | $20.0M | Being developed into 43-story mixed-use property | December 2004 |
| 621-29 West 171st St and 620-626 West 172nd St map | 2 mixed-use apartment buildings | n/a | Alex Frants, Besen & Associates | n/a | A. Polsinelli, Besen & Associates; C.B. Chusid | $15.0M | December 2004 | |
| 252-254 West 38th St map | 14-story, 67,000 sf loft/office building | n/a | M.R. Yawitz, A. Aghravi, Eastern Consolidated | n/a | Brian Ezratty, Eastern Consolidated | $11.0M | December 2004 | |
| 151-153 Eighth Ave map | 5-story, 16,291 sf mixed-use building | Manhattan investor | n/a | n/a | James Nelson, Massey Knakal | $7.0M | December 2004 | |
| 8 Beach St map | 8-story, 12,975 sf mixed-use loft | NJ investor | J. Ciraulo, P. DeCheser, M. DeCheser, Massey Knakal | n/a | J. Ciraulo, P. DeCheser, M. DeCheser, Massey Knakal | $5.0M | December 2004 | |
| 1 Hanson Place (Williamsburg Bank Building) map | 512-foot, 34-story office building | Dermot Co. | n/a | HSBC | Cushman & Wakefield | n/a | Brooklyn’s tallest building set to become condos; price n/a | December 2004 |
| 870 Seventh Ave (Park Central Hotel) map | 900-room hotel | Highgate Holdings | n/a | Lehman Brothers | Sonnenblick-Goldman Co. | n/a | Investment firm signed letter of intent to purchase hotel | December 2004 |
| 222 East 41st St map | 327,000 sf office building | Anglo-Irish Development | n/a | n/a | n/a | $212.0M | First U.S. buy for co. | November 2004 |
| 1466 Broadway (former Knickerbocker Hotel) map | 298,000 sf office building | Sitt Asset Management and Steven S. Sutton | n/a | SL Green Realty | n/a | $160.0M | November 2004 | |
| 61 Broadway map | 33-story, 653,000 sf office building | Investors led by Raymond Chalme, Adam Popper | n/a | Crown Properties | Yoron Cohen, C & W | $131.0M | November 2004 | |
| 71 Broadway map | 23-story, 238-unit apt. building | Equity Residential | n/a | Partnership inc. World-wide Holdings | Douglas Harmon, Eastdil | $100.0M | Sam Zell REIT~~#s first buy Downtown | November 2004 |
| 17 Battery Place North map | 22-story office building | Moinian Group affiliate | n/a | SL Green | Cohen, Baxter, Caplan, Latham, Brownfeld, C & W | $70.0M | November 2004 | |
| 170 East 77th St map | 77-unit elevator building | Dominion Management | n/a | Diamond family estate | n/a | $40.0M | Rent-stabilized | November 2004 |
| 1265-1269 Broadway map | 8-story office building | n/a | n/a | n/a | n/a | $15.0M | November 2004 | |
| 50 East 57th St map | 7-story vacant office building | Host Marriott | n/a | Holland & Holland | Private Client Group, CBRE | $14.0M | November 2004 | |
| 216-228 Duffield Street (Downtown Brooklyn) map | 1 Office development site | Metro One Hotel of Queens | n/a | n/a | Brian Leary, Massey Knakal | $9.0M | Includes 180,000 buildable sf | November 2004 |
| 250 West 105th St map | 5-story, 20,340 sf apt. building | Ron and Henry Cherney | Marc Lewis, MAI Investment Properties | n/a | Marc Lewis, MAI Investment Properties | $6.0M | 36 apartments in building | November 2004 |
| 242-244 West 61st St map | 2 5-story walkups | MCI Realty LLC | Ralph Trionfo, Upside Ventures | Seventh Frogmouth Corp. | n/a | $5.0M | Total of 22 units, with 10,500 sf development rights | November 2004 |
| 36 East 7th St map | 6-story, 11,232 sf building | n/a | n/a | n/a | D. Shorenstein, M. Forrest, CH Commercial | $3.0M | East Village walk-up with 16 apts. | November 2004 |
| Flatbush and Nostrand avenues (Brooklyn) map | 146,000 sf site | Triangle Equities Development | n/a | City of New York | n/a | $2.0M | Likely to be 3-story retail center with Target | November 2004 |
| 625 Madison Ave. (Revlon Building) map | 564,900 sf office building | SL Green | n/a | Moses Ginsberg | n/a | $250.0M | Buys ground lease for nearly $250M, or $455/sf | |
| 125 Park Ave map | 25-story, 575,00 sf office building | Shorenstein Co. | n/a | Watch Holdings | Woody Heller, Studley | $225.0M | ||
| 406 West 31st St map | 320,000-sf former flex property | Fashion Institute of Technology | n/a | n/a | n/a | $48.0M | School will convert to 493 dorms | |
| 790 Riverside Drive (The Riviera) map | 79 unsold sponsor units | n/a | Mark Zborovsky and Co. | n/a | Mark Zborovsky and Co. | $40.0M | One of largest deals of its kind this year | |
| 263 Ninth Ave map | 10-story loft printing building | Henry Justin | Brian Ezratty, Eastern Consolidated | n/a | Barry Gosin, Newmark | $26.0M | Will be converted to apts. | |
| 16 East 46th St map | 5-story, 10,750 sf building | The Gotham Book Mart | Craig Slosberg, Newmark New Spectrum | n/a | Robert Knakal, Massey Knakal Realty | $5.0M | Book Mart moving from West 47th St home | |
| 252 Bleecker St map | 6,700 sf retail condominium | Murray’s Cheese Shop | G. Trock, L. Baron, D. Alesandro, CBRE | Taragon Realty | G. Trock, L. Baron, D. Alesandro, CBRE | $3.0M | NY’s oldest cheese shop relocating from 257 Bleecker | |
| 166 Eighth Ave map | 3-story mixed-use building | n/a | Brian Houser, Bapple Inc. | Joseph Carjal | n/a | $2.0M | 3 apts. and 1 retail space; possible develop. rights | |
| The Plaza Hotel map | 15-story hotel | Elad Properties | S. Latham, Y. Oelsner, C & W | Millennium & Copthorne, Price Al-Waleed bin Talal | n/a | n/a | To be partly converted to condos | |
| 180 Maiden Lane map | 1.1 million sf office building | The Moinian Group | n/a | Paramount Group | Eastdil Realty | $355.0M | August 2004 | |
| 717 Fifth Ave map | 450,570 sf office building | Equity Office; Feil Org., L. Goldman, J. Sutton and S. Chera | n/a | n/a | n/a | $350.0M | Sam Zell~~#s Equity Office REIT buying office portion and others are buying retail portion | August 2004 |
| 600 Third Ave map | 42-story office tower | GE Asset Management, L & L Acquisitions | n/a | Sumitomo Corp. of America | D. Stacom, W. Shanahan, CBRE | $212.0M | Bought for $420/sf | August 2004 |
| Bronx and Upper Manhattan map | 51-building package | Pradium Group | n/a | Unnamed family and institution | Aaron Jungreis, GFI Realty Services | $200.0M | Includes 2,576 apts. and 78 stores | August 2004 |
| 55 Church St (Millennium Hilton) map | 565-room hotel | The Blackstone Group | n/a | CDL Hotels venture | n/a | $200.0M | August 2004 | |
| 170 East End Ave map | Beth Israel Singer Division and 2 adjacent apt. buildings | Garden Homes Development | n/a | Beth Israel Medical Center | D. Stacom, B. Shanahan, P. Leibowitz, CBRE | $185.0M | Sold for record $770 per buildable sf; NJ co. plans luxury condos | August 2004 |
| 132 West 31st St (Penncom Plaza) map | 417,000 sf office tower | C & K Properties, Zamir Equities | Yoron Cohen, C & W | Tribeca Broadway Assoc., Ritchie Capital Management | R. Baxter, R. Cohen, C & W | $91.0M | 16-story building is 99% leased | August 2004 |
| 400 West 37th St (Hudson Crossing) map | 260-unit apt. building | Equity Residential | n/a | Dermot Co. | Douglas Harmon, Eastdil | $90.0M | Sam Zell REIT makes buy | August 2004 |
| 230 Riverside Dr map | 272-unit residential tower | SG2 | n/a | n/a | n/a | $75.0M | Stephen Siegel-led partnership making purchase | August 2004 |
| 1200 Fifth Ave (at 101st Street) map | 17-story apartment building | J. Nakash, J. Chetrit, L. Goldman, Mann Realty | n/a | Mount Sinai Medical Center | D. Stacom B. Shanahan, P. Leibowitz, CBRE | $61.0M | Has 59 units | August 2004 |
| Douglaston Plaza (Queens) map | 300,000 sf shopping center | Ben Ashkenazy | n/a | Yale University | Eastdil | $60.0M | Barney's landlord makes buy | August 2004 |
| 150 West 57th St (Russian Tea Room bldg.) map | 6-story building | Group of restaurateurs, developers | n/a | The United States Golf Association | n/a | $20.0M | August 2004 | |
| 67-69 and 71-73 Spring St map | 2 6-story office/retail buildings | Laboz family | Brian Ezratty, Eastern Consolidated Properties | n/a | Brian Weiss, Eastern Consolidated Properties | $15.0M | Cast-iron buildings across from Balthazar | August 2004 |
| 517-521 West 42nd Street map | 75 ft x 100 ft lot | n/a | Azita Aghravi, Alan Miller, Eastern Consolidated Properties | n/a | A. Aghravi, E. Anton, R. Solarz, M. Rose Yawitz, Eastern | $10.0M | Sold for $177 per buildable sf; zoned for 75K sf building | August 2004 |
| Domino Sugar refinery (Williamsburg) map | n/a | C.P.C. Resources and Isaac Katan | n/a | American Sugar Refining | n/a | n/a | Refinery sold for undisclosed price to residential developers | August 2004 |
| 15 Central Park West (Mayflower Hotel site) map | 15-story hotel and vacant lot | JV of W. and A. Zeckendorf, Whitehall fund, Eyal Ofer-led co. | n/a | Goulandris family | n/a | $401.0M | Sold for approximately $690 per buildable square foot | July 2004 |
| 750 Third Ave map | 34-story office building | SL Green | n/a | TIAA-CREF | n/a | $255.0M | July 2004 | |
| 485 Lexington Ave map | 31-story office building | SL Green and The City Investment Fund | n/a | TIAA-CREF | n/a | $225.0M | SL Green to own 37.5% of building | July 2004 |
| 135 West 50th St (Sports Illustrated Building) map | 23-story, 900,000 sf office building | Murray Hill Properties/TCN | n/a | Estate of late Dr. Laszlo Tauber | n/a | $160.0M | Sales price n/a; original asking price was $160M | July 2004 |