Eastern Consolidated
 | |
| Industry | Real estate |
|---|---|
| Founded | 1981 |
| Founder | Peter Hauspurg Daun Paris |
| Defunct | July 2018 |
| Fate | Shut down |
| Headquarters | Manhattan |
| Services | Brokerage firm |
| Website | www |
Eastern Consolidated was a commercial real estate brokerage firm that primarily operated in New York City. The company was shut down in 2018.
History
[edit]In 1981, the company was founded by Peter Hauspurg and Daun Paris. The co-founders married in 1983.[1]
In 1982, the company brokered the sale of the Lowell Hotel.[1]
In 1993, Brian Ezratty, a broker with the company, negotiated the sale of the Ed Sullivan Theater and Office Building at 1697 Broadway to CBS for $4.255 million, providing studio space for the Late Show with David Letterman. Ezratty received REBNY's Deal of the Year award for the transaction.[2]
On behalf of the Durst Organization, the company brokered the sale of the Americas Tower (1177 Avenue of the Americas), a 1,001,000 SF, 50-story midtown office building built in 1993.[1]
In April 1998, the company brokered the sale of the Eden Roc Miami Beach Hotel, the signature hotel designed by Morris Lapidus that opened in 1954.[3][4]
In February 2007, the company represented the seller in the sale of a building in Albany, New York for $9.75 million.[5]
In November 2013, the company launched a retail leasing division.[6][7]
In September 2014, the company represented the seller in the sale of a building in Albany, New York for $33 million.[8]
In April 2015, the company brokered the sale of The Coda, a rental building on the Lower East Side, and two other buildings for $50 million.[9]
In May 2015, the company acquired Prospect Capital Group.[10]
In August 2016, the company represented the seller in the sale of a parcel in Brooklyn for $5.75 million.[11]
In March 2017, the company represented the seller in the sale of 2 buildings in Brooklyn for $25 million.[12]
In May 2017, the company represented 3 sellers, including Extell Development Company, in their sale of 3 redevelopment sites in Manhattan to Rockefeller Group for $100 million.[13]
In June 2017, the company represented the seller in the sale of a vacant building in Boston for $63.25 million.[14]
In July 2018, the company shut down.[15]
References
[edit]- ^ a b c Taylor, Candace (November 3, 2009). "Daun Paris". The Real Deal.
- ^ Sederstrom, Jotham (September 28, 2009). "The Letterman Fan". The New York Observer.
- ^ "News Briefs". Informa. May 1, 1998.
- ^ "Destination Hotels Resorts Continues Growth as New Manager of Historic Eden Roc Resort Spa". Hotel Online (Press release). April 1, 1998.
- ^ DeMasi, Michael (February 12, 2007). "Albany office tower sells for $9.75M". American City Business Journals.
- ^ Pincus, Adam (November 22, 2013). "Eastern Consolidated to launch retail leasing division". The Real Deal.
- ^ DELAPORTE, GUS (January 16, 2014). "Eastern Consolidated Launches Retail Leasing Division". Commercial Observer.
- ^ DeMasi, Michael (September 17, 2014). "Office tower sold in downtown Albany for $33 million". American City Business Journals.
- ^ ELKIES SCHRAM, LAUREN (April 16, 2015). "The Coda and Two Other LES Buildings Sell for $50M". Commercial Observer.
- ^ Baltic, Scott (May 4, 2015). "Eastern Consolidated Welcomes Prospect Capital". Commercial Property Executive.
- ^ Maurer, Mark (March 8, 2018). "Big dev site along Williamsburg waterfront hitting the market". The Real Deal.
- ^ Parker, Will (February 28, 2017). "Treetop buys two East Flatbush buildings for $25M". The Real Deal.
- ^ GEIGER, DANIEL (May 3, 2017). "Rockefeller Group to buy NoMad development site". Crain Communications.
- ^ Coste, Mihaela (June 26, 2017). "Downtown Boston Asset Trades for $63M". Commercial Property Executive.
- ^ Parker, Will (June 15, 2018). "Eastern Consolidated is going out of business". The Real Deal.
External links
[edit]- Official Website Archived 2015-05-07 at the Wayback Machine
- Toronto Realtor