Sotheby’s
1334 York Ave New York, NY 10021
People:
Sotheby’s portfolio
$199.8 million* – office 76%, P7 23%; Manhattan 80%, Queens 19%
305th largest portfolio by dollar value
651,016 sqft – office 92%, P7 7%;
500th largest by SF
3 properties – Manhattan 66%, Queens 33%
2196th largest
Company Activity past 24 months:
Buyer company: 1 for $100 million
Borrower company: 1 for $35 million
Top Ten Associated Companies:
Barclays (2), Whitney Museum of American Art (1), Natixis (1), Peter Drahi (1), BNP Paribas (1), Columbia Property Trust (1)
Top Ten Associated People:
Scott Rothkopf (1), Adam Scotto (1), Travis Feehan (1)
Recent activity as company:
• Sotheby’s borrowed $35 million from Barclays for 945 Madison Avenue, Lenox Hill, Manhattan on November 08, 2024.
• Whitney Museum of American Art sold 945 Madison Avenue, Lenox Hill, Manhattan for $100 million to Sotheby’s on November 08, 2024.
• Sotheby’s borrowed $50 million from Natixis for 25-11 49th Avenue, Long Island City, Queens on October 05, 2022.
• Columbia Property Trust sold 25-11 49th Avenue, Long Island City, Queens for $82.5 million to Sotheby’s on February 08, 2022.
• Sotheby’s borrowed $423.5 million from Barclays for 1334 York Avenue, Lenox Hill, Manhattan on October 05, 2020.
• Sotheby’s sold 1334 York Avenue, Lenox Hill, Manhattan for $564.6 million to Peter Drahi on November 07, 2019.
• Sotheby’s borrowed $252 million from BNP Paribas for 1334 York Avenue, Lenox Hill, Manhattan on October 10, 2019.
Latest Stories:
• Sotheby’s pays $100M to Whitney Museum for former location in Lenox Hill (November 11, 2024)
• Sotheby’s signs $50M initial loan with Natixis for office in Long Island City (October 06, 2022)
• Sotheby’s ups debt by $172M to $424M for headquarters in Lenox Hill (October 06, 2020)
Properties: