Prada
Prada portfolio
$501.8 million – condo 69.0%, office 30.0%; Manhattan 100.0%, Bronx 0.0%
117th largest portfolio by dollar value
257,126 sqft – condo 55.0%, office 44.0%;
975th largest by SF
6 properties – Manhattan 100%, Bronx 0%
151th largest
0 foreclosures, 0 bankruptcies, 1 other court case.
Company Activity past 24 months:
Buyer company: 4 for $847.6 million
Seller company: 0 for $0
Borrower company: 0 for $0
Lender company: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Wharton Properties (4), Brookfield Properties (1)
Top Ten Associated People:
Jeff Sutton (3), Marjorie Zessar (1)
Latest Stories:
• Prada pays $425M to Wharton Properties for 724 Fifth, second part of $835M deal (January 05, 2024)
• Jeff Sutton pays down debt at 720 Fifth to $255M, from $305M (June 08, 2021)
• Jeff Sutton refis $235M from Aareal Capital for 724 Fifth in Plaza District (March 12, 2021)
Litigation: