David Penick
Hines
Hines|Pontiac Land Group|Hines Interests portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$460.1 million – office 100%; Manhattan 100%, Bronx 0%
137th largest portfolio by dollar value
1,176,911 sqft – office 100%;
287th largest by SF
Top Ten Associated Companies:
Moma Place, LLC (1), Todd Crockett (1), Kim L. Crockett (1), Moma Condo Trust Dated December 11, 2019 (1), Fiftythree Fiftythree LLC (1), Ryan Cotton (1)
Top Ten Associated People:
Todd Crockett (1), Jill Ames (1), Ryan N. Cotton (1)
Recent activity as signatory:
• Hines sold 53 West 53rd Street, Midtown West, Manhattan for $10.7 million to Todd Crockett and Kim L. Crockett on March 15, 2022.
• Hines sold 53 West 53rd Street, Theater District/Times Square, Manhattan for $11.2 million to Moma Place, LLC on November 30, 2021.
• Pontiac Land Group sold 53 West 53rd Street, Theater District/Times Square, Manhattan for $15.7 million to Ryan Cotton on October 26, 2021.
• Hines Interests sold 53 West 53rd Street, Theater District/Times Square, Manhattan for $26 million to Fiftythree Fiftythree LLC on October 13, 2021.
• Pontiac Land Group sold 53 West 53rd Street, Plaza District, Manhattan for $29.9 million to Moma Condo Trust Dated December 11, 2019 on September 04, 2020.
• David Penick filed plans for new building for 562,949 sqft in Midtown West, Manhattan, on January 03, 2013.