Eastern Consolidated

Eastern Consolidated
Privately held company
Industry Real Estate
Founded 1981 (1981)
Founder Peter Hauspurg
Daun Paris
Headquarters Manhattan, New York City
Services Brokerage firm
Website www.easternconsolidated.com

Eastern Consolidated is a commercial real estate brokerage firm that primarily operates in New York City.

History

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]

Announced in June 2018, they will close there doors for good https://therealdeal.com/2018/06/16/eastern-consolidated-is-done-heres-whos-suddenly-on-the-market/

References

  1. 1 2 3 Taylor, Candace (November 3, 2009). "Daun Paris". The Real Deal.
  2. ↑ Sederstrom, Jotham (September 28, 2009). "The Letterman Fan". New York Observer.
  3. ↑ "News Briefs". National Real Estate Investor. May 1, 1998.
  4. ↑ "Destination Hotels Resorts Continues Growth as New Manager of Historic Eden Roc Resort Spa" (Press release). Hotel Online. April 1, 1998.
  5. ↑ DeMasi, Michael (February 12, 2007). "Albany office tower sells for $9.75M". American City Business Journals.
  6. ↑ Pincus, Adam (November 22, 2013). "Eastern Consolidated to launch retail leasing division". The Real Deal.
  7. ↑ DELAPORTE, GUS (January 16, 2014). "Eastern Consolidated Launches Retail Leasing Division". Commercial Observer.
  8. ↑ DeMasi, Michael (September 17, 2014). "Office tower sold in downtown Albany for $33 million". American City Business Journals.
  9. ↑ ELKIES SCHRAM, LAUREN (April 16, 2015). "The Coda and Two Other LES Buildings Sell for $50M". Commercial Observer.
  10. ↑ Baltic, Scott (May 4, 2015). "Eastern Consolidated Welcomes Prospect Capital". Commercial Property Executive.
  11. ↑ Smith, Justin C. (August 1, 2016). "Eastern Consolidated Brokers Sale of Williamsburg Redevelopment Site". CoStar Group.
  12. ↑ Criswell, Michael (March 6, 2017). "TreeTop Development Purchases Two Brooklyn Multifamily Bldgs". CoStar Group.
  13. ↑ Sumner, Justin (May 9, 2017). "Rockefeller Group Closes on $100M NoMad Assemblage". CoStar Group.
  14. ↑ Meyers, Bryce (June 27, 2017). "Vacant Retail/Office Complex in Downtown Boston Changes Hands for $63 Million". CoStar Group.
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