Wharton Properties
(Wharton Residential Properties, Wharton Residential, Wharton Realty)
500 5th Ave 54th floor, New York, NY 10110
People:
Wharton Properties portfolio
$1.7 billion – office 55%, retail 30%; Manhattan 87%, Brooklyn 8%
34th largest portfolio by dollar value
3,650,870 sqft – office 61%, retail 18%;
75th largest by SF
100 properties – Brooklyn 36%, Manhattan 35%
66th largest
263 residential units – Manhattan 70%, Brooklyn 29%
543th largest by residential units
5 foreclosures, 0 bankruptcies, 3 other court cases.
Company Activity past 24 months:
Buyer company: 5 for $79.5 million
Seller company: 9 for $1.9 billion
Borrower company: 5 for $49.8 million
Lender company: 1 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Prada (3), SL Green Realty (3), Valley National Bank (2), Webster Bank (2), Wharton Properties (2), HSBC Bank (2), Bank of China (1), Abraham Kendi (1), Samuel Frankel (1), Junction Management (1)
Top Ten Associated People:
Maurizio Ciabatti (3), Bradley D. Berkley (1), Roger Rofe (1), Oren Sapertein (1), Gabriel Safdie (1), Samuel Frankel (1), Stella Sklias (1), Frederick J. Rudd (1), Jeffrey A. Lehman (1), Tina Kaperonis (1)
Latest Stories:
• Jeff Sutton of Wharton Properties pays SL Green $34M for 690 Madison (December 11, 2024)
• Leonid Vayner pays $12.85M to Wharton Properties for office in Sheepshead Bay (October 25, 2024)
• Retailer Caudalie pays $9.8M to TriState Equities for retail in SoHo (September 12, 2024)
• Wharton Properties, Midtown Equities sell Clinton Hill retail for $9.4M (April 29, 2024)
• Jeff Sutton sells Whitestone dev site for $3M to church (February 29, 2024)
Litigation: