Paramount Group

$2.7 billion* – office 97%, condo 2%; Manhattan 100%, Bronx 0%

21th largest portfolio by dollar value

6,605,492 sqft – office 99%, condo 0%;

42th largest by SF

9 properties – Manhattan 100%, Bronx 0%

902th largest

0 foreclosures, 0 bankruptcies, 4 other court cases.

Jeffrey Katz (1), Richard T. Reczka (1)

• Thor Equities sold 700 8th Avenue, Hell’s Kitchen, Manhattan for $45.3 million to Paramount Group on April 13, 2022.

• Paramount Group and BVK borrowed $128 million from Bank of America for 1600 Broadway and 1600 Broadway, Midtown West, Manhattan on March 09, 2022.

• Sherwood Equities sold 1600 Broadway and 1600 Broadway, Midtown West, Manhattan for $191.5 million to Paramount Group and BVK on March 09, 2022.

• Vanbarton Group borrowed $98 million from MSD Partners for 13-17 Laight Street, Tribeca, Manhattan on December 29, 2021.

• Paramount Group borrowed $710 million from Morgan Stanley for 1301 Avenue Of The Amer, Midtown West, Manhattan on August 20, 2021.

• Paramount Group borrowed $1.2 billion from Goldman Sachs for 1631 Broadway, Midtown West, Manhattan on December 04, 2019.

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

To see the 8 properties for this company you need a Professional level subscription

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

Archives