
SL Green Realty (Marc Holliday, CEO)
Office Building Acquisition
Market: Midtown Asset Type: Mixed-Use (Office & Retail)
Buyer: SL Green Realty (Marc Holliday, CEO)
Seller: Oxford Properties (Michael Turner, President)

The Rudin Family (Eric Rudin, President)
Mixed-Use Skyscraper Repositioning Loan
Market: Midtown
Asset Type: Mixed-Use Skyscraper
Sponsor: The Rudin Family (Eric Rudin, President)
Lender: J.P Morgan (Jamie Dimon, CEO)
Deal Type: Repositioning Loan
Amenities: Glass-walled triple-height lobby, fitness center with locker rooms, dining area, coffee bar and a conference and event center, and dedicated entrance and lobby for Touro students, faculty and staff

60 Guilders (Kevin Chisholm and Bastien Broda, Managing Partners & Founders)
Office Property Financing
Market: Long Island City
Asset Type: Office
Sponsor: 60 Guilders (Kevin Chisholm and Bastien Broda, Managing Partners & Founders)
Lender: Apollo (Marc Rowan, CEO)

Philips International (Frans van Houten, CEO)
Outpatient Facility Lease
Market: Midtown East
Asset Type: Retail/Healthcare
Lessor: Philips International (Frans van Houten, CEO)
Lessee: Chai Urgent Care

Steve Ells (Chipotle Founder)
Luxury Residential Sale
Market: West Village
Asset Type: Luxury Residential
Sponsor: Steve Ells (Chipotle Founder)

Columbia Property Trust (Nelson Mills, President & CEO)
Office Building Refinance
Market: Greenwich Village
Asset Type: Office
Sponsor: Columbia Property Trust (Nelson Mills, President & CEO)
Lender: Blackstone Mortgage Trust (Katie Keenan, CEO Mortgage Trust & Stephen Schwarzman, CEO Blackstone & Jonathan Gray, COO Blackstone)

The Dermot Company (Stephen Benjamin, CEO), USAA Real Estate (Len O’Donnell, CEO), and PGGM (Edwin Velzel, CEO)
Multifamily Acquisition
Market: Downtown Brooklyn
Asset Type: Luxury Multifamily
Seller: BentallGreenOak (Sonny Kalsi & John Carrafiell, Co-CEOs)
Buyer: The Dermot Company (Stephen Benjamin, CEO), USAA Real Estate (Len O’Donnell, CEO), and PGGM (Edwin Velzel, CEO)
Deal Type: Multifamily Acquisition

Blackstone (Stephen Schwarzman CEO & Jonathan Gray COO)
8 Spruce Street
Market: Financial District
Asset type: Luxury Rental
Buyer: Blackstone (Stephen Schwarzman CEO & Jonathan Gray COO)
Seller: Nuveen (Jose Minaya, CEO) and Brookfield Asset Management (Bruce Flatt, CEO)
Notes: The Manhattan-based investment giant Blackstone is near closing a deal to acquire the luxury rental tower at 8 Spruce Street for $930 million — one of two massive transactions for the property owner nearing completion in the city. The deal for the 76-story Spruce Street property, located near the Brooklyn Bridge, could close as early as the first quarter of next year, according to a source familiar with the deal.

Madison Realty Capital
Bears & Eagles Riverfront Stadium + Apartment Portfolio
Market: Northern New Jersey
Asset Type: Development Site & Apartment Portfolio
Lender: @madisonrealtycapital
Sponsor: Jack Klugman
Notes: Formerly Bears & Eagles Riverfront Stadium / “We’re going to be building a mini-city over here”- Klugman

Kushner
Prospect Place Apartments
Market: Hackensack
Asset type: Multifamily
Buyer: Khosla Capital LLC and DKJ Equity LLC
Seller: @kushnercompanies
Notes: 428,040 rentable square feet / Proximate to the Bergen Museum of Art & Science, & Hackensack University Medical Center

Pimco Carval
141 Willoughby Street
Market: Downtown Brooklyn
Asset Type: Development - Office & Retail
Lenders: @pimco_global & CarVal Investors
Sponsors: Savanna, @gilbanebuilding & @savcon_llc
Notes: WELL-certified / 400,000-square-foot, mixed-use / SLCE / CarVal Investors

Davidson Kempner
12 MetroTech Center
Market: Downtown Brooklyn
Asset type: Office Condo
Buyer: @60guilders and Davidson Kempner
Seller: @brookfieldproperties
Major Tenants: New York City Administration for Children’s Services, @heartshare , @msfoundation
Notes: Brookfield Purchased in 2018 / Forest City Realty Trust / expected to generate $222.8 M in yearly revenue

Naftali Group
1165 Madison Ave. & 48 E. 86th Street
Market: New York City
Asset Type: Development Site
Lender(s): Bank Hapoalim- Dov Kotler
Sponsor(s): @naftali_group - Miki Naftali
Notes: 12 Resi Condos & 1 Commercial Unit/ 13 Stories / Construction Loan / BSF: 62,700

Square Mile Capital
260 Gold Street
Market: Brooklyn, NY
Asset: Multifamily
Lender: Square Mile Capital Management- Craig H. Solomon, Laurie Golub
Sponsor: Bruman Realty
Notes: 13-story, 286-unit rental situated in the Vinegar Hill area of Brooklyn, well situated between DUMBO and Downtown Brooklyn. Includes residential lounges, a rooftop terrace, a game room, a laundry room, a pet spa, a children’s playroom, and bicycle parking.

NYC EDC
40 W. 137th St.
Market: Harlem
Asset Type: Life Sciences
Sponsor(s): @skanskagroup (Anders Danielsson, Richard Kennedy)
Lenders: @nycedc (Rachel Loeb)
Notes: The 10-story building, totaling 234,653 square feet, will include offices, laboratories and clinical facilities.

Apollo Investment Corporation
1133 Fifth Avenue
Market: Carnegie Hill
Asset type: Luxury Residential
Seller: John Hannan (Apollo Investment Corporation)
Buyer: John and Jodie Eastman
Notes: John Eastman, an entertainment lawyer and brother of Paul McCartney’s first wife, Linda, bought the Carnegie Hill co-op with views clear across Central Park.

Rudin Management
80 Pine Street
Market: Financial District
Asset Type: Office Tower
Sponsor(s): @rudinmanagement (William C. Rudin)
Lenders: @bankofamerica (Brian Moynihan)
Notes: The 38-story skyscraper is undergoing a major makeover including a new ground-floor entrance and lobby that has already been completed. The next construction is for an indoor and outdoor amenity center on the 22nd and 23rd floors.

Bette Midler
1125 Fifth Avenue
Market: Carnegie Hill
Asset type: Luxury Residential
Seller: @bettemidler
Notes: The triplex spans 7,000 square feet over three floors and includes 3,000 square feet of landscaped terracing. It features six bedrooms, six-and-a-half bathrooms, and a 70-foot entertaining space with views of Central Park and the Manhattan skyline.

David Solomon, Christian Sewing, Darryl White, Laurence Gluck, Daniel Glaser & Sam Schneider
223 Spring Street and 161 Sixth Avenue
Market: SoHo
Asset: Class A Office & Retail complex
Lender: @goldmansachs (David Solomon), @deutschebank (Christian Sewing) & Bank of Montreal ( Darryl White)
Sponsor: @stellarmanagement (Laurence Gluck) & Imperium Capital (Daniel Glaser & Sam Schneider
Major Tenants: @aveda, @gettyimages, @nymag, @theatlantic & @nextmodels
Notes: The 15-story One Soho Square East and 13-story One Soho Square West, total 768,000 square feet.

Severn Realty Partners
576 Fifth Avenue
Market: Diamond District
Asset type: Mixed-use office
Seller: Severn Realty Partners
Major tenants: @jjzaidman
Notes: The nearly 80,000-square-foot, 12-story building at 576 Fifth Avenue sold after nine months on the market.

TFC Cornerstone
595 Dean Street
Market: Prospect Heights
Asset Type: Multifamily
Sponsor(s): @tfcornerstone (K. Thomas Elghanayan,Fredrick Elghanayan)
Lender(s): @wellsfargo (Charlie Scharf)
Notes: Two apartment towers totaling 558 market-rate units and 240 affordable units

Alchemy-ABR Investment Partners, Pacific Western Bank, Square Mile Capital Management
258-278 Eighth Ave
Market: Chelsea
Asset Type: Mixed-use
Sponsor(s): Alchemy-ABR Investment Partners (Brian Ray, Joel Breitkopf, Ken Horn)
Lender(s): Pacific Western Bank (Matthew Wagner), Square Mile Capital Management (Craig H. Solomon)
Notes: With the construction debt, the developers plan to start in the first quarter of next year on a planned 190-unit, 210,000-square-foot, residential mixed-use project on the site.

Boston Properties (Owen Thomas, CEO)
360 Park Avenue South
Market: Midtown South
Asset type: Office Building
Buyer: Boston Properties (Owen Thomas, CEO)
Seller: Empire Asset Management (Gregg Zeoli, CEO)
Notes: Boston Properties has closed on its long-planned purchase of the leasehold interest of 360 Park Avenue South for $300 million from Empire Asset Management, the real estate investment trust announced Monday. The $300 million purchase price includes the assumption of a $200 million mortgage and the issuance of 866,503 shares of common stock in Boston Properties Limited Partnership, the company’s operating partnership.

L&L Holding Company (David Levinson, Chairman and CEO)
425 Park Avenue
Market: Midtown
Asset type: Office Building
Sponsor: L&L Holding Company (David Levinson, Chairman and CEO)
Lender: Blackstone Real Estate Debt Strategies (Stephen Schwarzman CEO & Jonathan Gray COO)
Major Tenant: Citadel (Kenneth C Griffith)
Notes: Blackstone Real Estate Debt Strategies (BREDS) has spearheaded a $911.4 million debt package on L&L Holding Company’s 47-story Midtown office tower at 425 Park Avenue, L&L announced on Monday. The financing will allow L&L to retire existing construction debt, complete any remaining work and then lease up and stabilize the 670,000-square-foot property, according to L&L’s announcement. The firm received a temporary certificate of occupancy (TCO) earlier this year.

Silverstein Properties (Larry Silverstein, Chairman & Marty Burger, CEO)
116 John Street
Market: Financial District
Asset type: Residential
Buyer: Silverstein Properties (Larry Silverstein, Chairman & Marty Burger, CEO)
Seller: Metro Loft Management (Liza Berman, CEO)
Notes: Silverstein Properties has picked up the residential tower at 116 John Street for $247.5 million from an affiliate of Metro Loft Management, Silverstein announced Wednesday. The 35-story Financial District building, between Gold and Pearl streets, has 416 apartments with the second to 14th floors leased to short-term rental provider Sonder, according to Silverstein. While Silverstein’s portfolio consists of 2,280 residential units, the landlord built those properties itself and said this was its first residential acquisition in the city.

Wafra Capital Partners (Robert Tone, CEO & Monir Barakat, President)
720 West Avenue
Market: Upper West Side
Asset type: Commercial
Buyer: Wafra Capital Partners (Robert Tone, CEO & Monir Barakat, President)
Lender: Pacific Western Bank (Matthew P. Wagner, CEO) and Related Companies (Jeff T. Blau, CEO & Stephen Ross, Chairman)
Notes: Wafra Capital Partners — via entity WCP investments LP — is very close to sealing its purchase of 720 West Avenue on the Upper West Side, Commercial Observer has learned. The $170 million acquisition is scheduled to close today, sources said, and Wafra has locked down $225 million in acquisition financing from Pacific Western Bank and Related Companies for the deal. PacWest is the senior lender, with Related in the mezzanine position.

Residential Deal of the Year
90 Jule Pond Drive
Market: Water Mill
Asset type: Luxury Residential
Residential Deal of the Year
Notable Past Residents: Henry Ford II
Notes: The sellers of the former estate of Henry Ford II had their sights set on making Hamptons history. They listed the Water Mill home at $175 million, well above the Hamptons record of $147 million for a residential sale. The 20,000-square-foot home closed at $70 million below its initial asking price and $40 million below its final one.