Howard Hughes Corporation

Howard Hughes Corporation portfolio

$111.4 million* – retail 79%, development 12%; Manhattan 100%, Bronx 0%

512th largest portfolio by dollar value

336,785 sqft – retail 89%, specialty 10%;

842th largest by SF

4 properties – Manhattan 100%, Bronx 0%

1784th largest

Company Activity past 24 months:

Buyer company: 1 for $40 million

Borrower company: 1 for $115 million

Top Ten Associated Companies:

Mizuho Bank (1), City of New York (1), Howard Hughes Corporation (1), Helaba (1)

Top Ten Associated People:

Mirza Kafedzic (1)

Recent activity as company:

• City of New York sold 95 South Street, 95 Marginal Street, 250 Water Street, and PIER-16 South Street, Financial District, Manhattan for $40 million to Howard Hughes Corporation on August 12, 2024.

• Howard Hughes Corporation borrowed $115 million from Mizuho Bank for 250 Water Street, Financial District, Manhattan on September 11, 2023.

• Howard Hughes Corporation for Saul Scherl filed plans for new building for 666,918 sqft in Financial District, Manhattan, on December 08, 2021.

• Howard Hughes Corporation borrowed $100 million from Helaba for 304 Pearl Street, Seaport, Manhattan on November 22, 2019.

• Howard Hughes Corporation borrowed $99.7 million from Howard Hughes Corporation for 304 Pearl Street, Seaport, Manhattan on October 22, 2019.

Properties:

To see the 4 properties for this company you need a Professional level subscription

Subscribe ($125/month)

*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.

Leave a Reply