Two of the largest Wall Street residential conversions with a total of 810 apartments are now in contract to Rockpoint Group for well over $430 million, or roughly $545,000 per unit.
The buildings at 63 and 67 Wall St. comprise a full block in the center of Lower Manhattan and are bounded by Beaver and Hanover streets.
Now known as The Crest, The Wall and Hanover Building at 63 Wall was designed by Delano & Aldrich and built in 1928 as the headquarters for Brown Brothers Harriman & Co. The adjoining 67 Wall was developed in 1921 for Munson Shipping Company on a site that once housed Alexander Hamilton’s offices.
The buildings are connected with 10,000 square feet of amenity spaces, while retailers in 20,000 square feet include Tumi and La Maison du Chocolate.
The sellers are DTH Capital and Metro Loft Management which converted the properties after 9/11. DTH is working on the long-awaited 70 Pine St., and Metro Loft on 20 Broad St.
Sources said the investment marketing team was Douglas Harmon and Adam Spies of Eastdil Secured which previously sold Stuyvesant Town and Peter Cooper Village for $5.45 billion. The parties couldn’t be reached or declined to comment.
We also heard that Harmon and Spies are putting on The Ritz Plaza to market at prices that could reach around $450 million.
The 43-story luxury apartment tower at 235 W. 48 St. by Eighth Ave. is being marketed on behalf of Ofer Yardeni of Stonehenge.
Many of the 479 free market apartments have terraces. According to the Stonehenge website, they range from $3,050 for a studio to two bedrooms starting at $5,995 per month. An indoor pool, a tenant lounge, fitness center and rooftop deck are among the amenities.
The building also includes the Italian restaurant, La Masseria, 20,000 square feet of office space leased to the US General Services Administration and an indoor garage with 160 parking spaces run by Icon.
“It is center ice,” said Richard Dansereau, managing director of Stonehenge of its location between Times Square and Hell’s Kitchen. “There is nothing like it in the market now, but there is significant interest from around the globe for this kind of quality. So we feel the timing is great.”
A small park at its base commemorates the firefighters who perished on Sept. 11th, and whose firehouse is across the street.
At last week’s groundbreaking, Ian Schrager, lead developer on 160 Leroy St., was enthusiastic about the project being developed with Steve Witkoff and New Valley — whose CEO, Howard Lorber, was in attendance.
As The Post previously reported, Schrager is purchasing a $15 million unit just below the penthouse. “I think the Leroy apartments are so special I didn’t want to miss the opportunity,” he explained. He and his family now live at 40 Bond St., another of his projects by the same architects, Herzog & de Meuron, where he is actually the board’s president.
“There is no better seal of approval than a developer buying a unit,” Schrager added. “And if I’m living there I will ensure the building will be run well.”
His partner, Michael Overington, is also buying one of the 49 units, of which so far, two-thirds are spoken for. The stunning curvaceous 14-story project by the Hudson River has a pool and other amenities along with a private park and is being marketed by Douglas Elliman at pricing just over the $3,500 per foot mark.
Forget the new penthouse, just in time for summer comes a rare opportunity to buy your own airport, hotel, restaurant, marina and oyster farm.
The Montauk Airport has been on and off the market for several years, but now its 33 acres surrounded by the 1,000 protected acres of Montauk State Park is being coupled with Rick’s Crabby Cowboy restaurant across the road for an asking price of $33 million.
The restaurant, beloved by pilots for its ‘fly-in” location, sits on five acres along 600 feet of frontage on Lake Montauk and includes a three-bedroom home, a 19-room boutique hotel, a small marina and six underwater acres hosting their menu’s Montauk Pearl Oyster farm.
According to Ed Bruehl of Saunders, a newly commissioned engineering study determined with the properties, the buyer can build a 30,000- square-foot building with up to 58 condo/hotel rooms, a 300-seat restaurant with a banquet facility and 22 boat slips.
