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.
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.
