Prada

Prada portfolio

$501.8 million* – condo 69.0%, office 30.0%; Manhattan 100.0%, Bronx 0.0%

121th largest portfolio by dollar value

257,126 sqft – condo 55.0%, office 44.0%;

997th largest by SF

6 properties – Manhattan 100%, Bronx 0%

1278th largest

0 foreclosures, 0 bankruptcies, 1 other court case.

Company Activity past 24 months:

Buyer company: 4 for $847.6 million

Top Ten Associated Companies:

Wharton Properties (4), Brookfield Properties (1)

Top Ten Associated People:

Jeff Sutton (3), Marjorie Zessar (1)

Recent activity as company:

Brookfield Properties and Wharton Properties sold 730 Fifth Avenue, Midtown West, Manhattan for $12.6 million to Prada on April 25, 2024.

Wharton Properties sold 724 5th Avenue, 724 5th Avenue, and 724 5th Avenue, Midtown West, Manhattan for $425 million to Prada on January 04, 2024.

Wharton Properties sold 730 Fifth Avenue and 730 Fifth Avenue, Midtown West, Manhattan for $12.6 million to Prada on January 03, 2024.

Wharton Properties sold 720 Fifth Avenue, Midtown West, Manhattan for $397.4 million to Prada on January 03, 2024.

Court Records:

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Properties:

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

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