KTB Asset invests $90 mn in mezzanine debt on InterContinental Boston
New York-based PD Properties advised KTB in all the transactions.
InterContinental Hotel Group has been managing the hotel on a 99-year lease agreement since it opened in 2006.
KTB Asset invests in refinanced loan on Union Station
New York-based PD Properties has advised KTB in all the transactions. Union Station functions as the main transportation hub and serves local and regional transportation including the METRO, Amtrak, MARC and VRE commuter railroads. It is also the main bus terminal of Washington, D.C.
Korean Eatery Five Senses to Open Second K-Town Restaurant
The new outlet, Love, will span 9,000 square feet at 319 Fifth Avenue near the corner of West 32nd Street, according to the tenant’s broker, Elad Dror of PD Properties. The space is spread over the entire basement, ground floor, and mezzanine.
Popular Korean eatery opening second larger location
The asking rent was $1.2 million a year. The lease was negotiated for the landlord by Eastern Consolidated’s Harris Bulow, Aric Trakhtenberg and Kevin Bisconti with Forman Realty’s Peter Forman. The tenant was repped by PD Properties’ Elad Dror, Tony Park and Stacy Gim.
South Korean BBQ Joint Coming to Koreatown for First American Spot
Sam Won Garden Artisanal Korean Barbecue has taken a mulit-story space at the building between Fifth Avenue and Broadway, the Post noted, and it will have 175 seats upon opening later this month. The lease is for 13 years and the asking rent was $85,000 per month, PD Properties’ Elad Dror, who along with Tony Park negotiated the deal for the tenant and the landlord, told Commercial Observer.
South Korea’s oldest barbecue company coming to NYC
The deal was brokered for both the tenant and the landlord by PD Properties’ Elad Dror and Tony Park. Although lease terms weren’t released, Lee said the restaurant is costing around $5.5 million to launch.
“Landlords are more aggressive, speaking to outside brokers and not just depending on their exclusive broker,” said Elad Dror, the co-founder of commercial brokerage PD Properties.
LLNYC takes you inside the New York Palace hotel’s historic Villard Mansion
The marketing team, PD Properties, is currently looking for a single tenant at $5 million a year. Elad Dror, president of PD Properties, told LLNYC that he hopes to sign a high-end fashion tenant that can make use of the mansion’s varied architecture.
Dialing Korea for debt: Chetrit scores $101M Trinity Place refi from KTB, Rexmark
PD Properties advised KTB on the transaction. KTB, headquartered in Seoul, has done nearly $300 million in loans in the New York area in recent months, sources said, part of a trend of Korean funds throwing their hat into New York’s financing market.
Crane Partners was the seller, brokered by Elad Dror and Tony Park from PD Properties and Avihu Kadosh – while Mesiter Seelig & Fein’s Matt Kassindorf repped Andrew.
Real estate investor uses proceeds from one sale to buy property near Penn Station
Broker Anand Melwani, who operates his own brokerage firm ARM Real Estate Group, represented the seller in the deal, a family investment group. Brokers Tony Park and Elad Dror, who are with the brokerage firm PD Properties, represented Mr. Chung.
Flatiron hotel leasehold, building sell for $2K per foot
Eastern Consolidated’s Adelaide Polsinelli represented the buyer and the building owner. PD Properties’ Tony Park represented Charles Jung, who owned the leasehold interest in the hotel.
Eunhasu Buys Sovereign Partners Chelsea Property for $30.5M
Elad Dror, the president of of PD Properties, and Tony Park, the firm’s managing director, negotiated the off-market deal for 146-148 West 28th Street, Mr. Dror told Commercial Observer.
Francesco Bardazzi, executive vice president of PD Properties, found SJP a 3,000-square-foot space at 156 Fifth Ave. The opening date is slated for February’s Fashion Week (Feb. 12-19), though the showroom is still under construction.
While it planted modest roots in Koreatownthree years ago and still has its office there, PD Properties has since spread its wings.“We’ve come a long way,” said Elad Dror, the president of the firm. “At first we were only known as a Korean brokerage.”
Chinese Developer’s U.S. Arm Signs Lease at 100 Wall Street
DMG, which is expanding in New York, signed its lease roughly three weeks ago and is in possession of keys to the space, according to Stacy Gim of PD Properties, who represented the tenant in the transaction.
Related signs “farm-to-table” eatery at MiMa tower
Related and its investment partner TIAA-CREF were represented by a Cushman & Wakefield team of Gene Spiegelman, Michael O’Neill, Alisa Amsterdam and Jason Greenstone, according to the Post, while PD Properties’ Tony Park represented Treehaus.
Mr. Tergesen was assisted in negotiation by Hal Shapiro of Winick Realty Group. Tony Park of PD Properties represented Sarah’s Kitchen, which briefly occupied an outpost on Third Avenue near Grand Central Terminal.
Midtown East building ripe for boutique hotel conversion trades for $16.4M
The buyer, Tony Park of PD Properties, has secured a dentistry practice which has over 200 locations worldwide as the anchor tenant, the New York Post reported.
미국 뉴욕의 부동산 컨설팅·중개 회사인 PD프로퍼티스의 일라드 드로(Dror)·토니 박 공동대표는 “특히 ‘최우량 임차인’이던 패션 기업과 은행이 임차료 급등에 더해 온라인 쇼핑·뱅킹 확산의 직격탄을 맞으면서 상황이 악화하고 있다”며 이같이 말했다. 박 대표는 “패션거리로 유명한 맨해튼 소호에서 월 20만달러(약 2억3000만원)이던 임차료가 월 40만달러로 치솟았다”며 “패션브랜드 자라(Zara)와 아메리칸어페럴 등이 임차료 급등을 견디지 못하고 소호 매장을 접었다”고 했다. Read More
부동산 '나홀로 호황' 뉴욕도 임차료 치솟아… 매장 접는 유통업 늘어
미국 뉴욕의 부동산 컨설팅·중개 회사인 PD프로퍼티스의 일라드 드로(Dror)·토니 박 공동대표는 “특히 ‘최우량 임차인’이던 패션 기업과 은행이 임차료 급등에 더해 온라인 쇼핑·뱅킹 확산의 직격탄을 맞으면서 상황이 악화하고 있다”며 이같이 말했다. 박 대표는 “패션거리로 유명한 맨해튼 소호에서 월 20만달러(약 2억3000만원)이던 임차료가 월 40만달러로 치솟았다”며 “패션브랜드 자라(Zara)와 아메리칸어페럴 등이 임차료 급등을 견디지 못하고 소호 매장을 접었다”고 했다.
KTB자산운용은 지난 13일 미국 뉴욕에서 컨설팅 회사 PD프로퍼티스와 공동으로, 국내 기관 투자자들을 상대로 현지 고층 빌딩 두 곳에 대한 투자 설명회를 열었다. KTB는 작년 11월과 올해 2월 뉴욕 빌딩에 각각 1100억원과 800억원을 투자했고, 이번이 3·4호 투자처다.
Dialing Korea for debt: Chetrit scores $101M Trinity Place refi from KTB, Rexmark
KTB자산운용은 지난 13일 미국 뉴욕에서 컨설팅 회사 PD프로퍼티스와 공동으로, 국내 기관 투자자들을 상대로 현지 고층 빌딩 두 곳에 대한 투자 설명회를 열었다. KTB는 작년 11월과 올해 2월 뉴욕 빌딩에 각각 1100억원과 800억원을 투자했고, 이번이 3·4호 투자처다.
미국 뉴욕의 금융 중심지 월스트리트. 금융인들이 주로 오가는 거리 한복판 110번지에 위치한 창업센터의 서너개 층을 수백 개의 핀테크 관련 스타트업들이 입주해 서로 경계를 허물고 지낸다. 일부 공간은 공유하고, 일부는 전용하는 식으로 운영되는 위워크(WeWork) 월스트리트점이다.
