{"id":5279,"date":"2011-04-14T10:51:28","date_gmt":"2011-04-14T14:51:28","guid":{"rendered":"http:\/\/www.propertyshark.com\/Real-Estate-Reports\/?p=5279"},"modified":"2016-12-21T06:39:15","modified_gmt":"2016-12-21T10:39:15","slug":"10-biggest-commercial-nyc-transactions-in-q1-2011","status":"publish","type":"post","link":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2011\/04\/14\/10-biggest-commercial-nyc-transactions-in-q1-2011\/","title":{"rendered":"10 biggest commercial NYC transactions in Q1 2011"},"content":{"rendered":"<p>PropertyShark has put together a list of the top 10 closed commercial property sales that happened in New York City in the first quarter of 2011. Here are the top three.<\/p>\n<table>\n<tbody>\n<tr>\n<td>\n<p><div id=\"attachment_5282\" style=\"width: 284px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-content\/uploads\/sites\/98\/2011\/04\/666-5-Avenue1.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"666\" height=\"857\" aria-describedby=\"caption-attachment-5282\" class=\"size-full wp-image-5282\" title=\"666 5 Avenue\" src=\"http:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-content\/uploads\/sites\/98\/2011\/04\/666-5-Avenue1.jpg\" srcset=\"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-content\/uploads\/sites\/98\/2011\/04\/666-5-Avenue1.jpg 666w, https:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-content\/uploads\/sites\/98\/2011\/04\/666-5-Avenue1.jpg?resize=233,300 233w\" sizes=\"auto, (max-width: 666px) 100vw, 666px\" \/><\/a><p id=\"caption-attachment-5282\" class=\"wp-caption-text\">666 5th Avenue<\/p><\/div><\/td>\n<td style=\"text-align: justify;\">\n<ul><strong>666 5th Avenue<\/strong><br \/>\nThe priciest commercial transaction in Q1 2011 involved the retail condominium located at 666 Fifth Avenue that sold in March for $331 million. According to the <a href=\"http:\/\/online.wsj.com\/article\/SB10001424052748703580004576180522485855048.html\" target=\"_blank\">Wall Street Journal<\/a>, the Inditex Group of Spain acquired the 32,000 square feet for a new Zara store.<\/ul>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p><div id=\"attachment_5283\" style=\"width: 284px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-content\/uploads\/sites\/98\/2011\/04\/214-E-42-Street.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"629\" height=\"616\" aria-describedby=\"caption-attachment-5283\" class=\"size-full wp-image-5283\" title=\"214 E 42 Street\" src=\"http:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-content\/uploads\/sites\/98\/2011\/04\/214-E-42-Street.jpg\" srcset=\"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-content\/uploads\/sites\/98\/2011\/04\/214-E-42-Street.jpg 629w, https:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-content\/uploads\/sites\/98\/2011\/04\/214-E-42-Street.jpg?resize=300,294 300w\" sizes=\"auto, (max-width: 629px) 100vw, 629px\" \/><\/a><p id=\"caption-attachment-5283\" class=\"wp-caption-text\">214 E 42 Street<\/p><\/div><\/td>\n<td style=\"text-align: justify;\">\n<ul><strong>214 E 42th Street<\/strong><br \/>\nIn second place is the building located in East Midtown at 214 E 42th Street. This hotel was bought by Host Hotels &#038; Resorts Inc. for $297 millions in March.\n<\/ul>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p><div id=\"attachment_5284\" style=\"width: 284px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-content\/uploads\/sites\/98\/2011\/04\/600-5-Avenue.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"690\" height=\"686\" aria-describedby=\"caption-attachment-5284\" class=\"size-full wp-image-5284\" title=\"600 5 Avenue\" src=\"http:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-content\/uploads\/sites\/98\/2011\/04\/600-5-Avenue.jpg\" srcset=\"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-content\/uploads\/sites\/98\/2011\/04\/600-5-Avenue.jpg 690w, https:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-content\/uploads\/sites\/98\/2011\/04\/600-5-Avenue.jpg?resize=150,150 150w, https:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-content\/uploads\/sites\/98\/2011\/04\/600-5-Avenue.jpg?resize=300,298 300w\" sizes=\"auto, (max-width: 690px) 100vw, 690px\" \/><\/a><p id=\"caption-attachment-5284\" class=\"wp-caption-text\">600 5th Avenue<\/p><\/div><\/td>\n<td style=\"text-align: justify;\">\n<ul><strong>600 5th Avenue<\/strong><br \/>\nIn third place is the office building located at 600 Fifth Avenue in Midtown. The property was sold for $165 million in February 2011.<\/ul>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Below is the complete list of the top 10 commercial sales during Q1 2011. Click on an address for a detailed property report.<br \/>\n\n<table id=\"tablepress-126\" class=\"tablepress tablepress-id-126\">\n<thead>\n<tr class=\"row-1\">\n\t<th class=\"column-1\">Address<\/th><th class=\"column-2\">Neighborhood<\/th><th class=\"column-3\">Sale date<\/th><th class=\"column-4\">Sale price<\/th>\n<\/tr>\n<\/thead>\n<tbody class=\"row-striping row-hover\">\n<tr class=\"row-2\">\n\t<td class=\"column-1\">Midtown<\/td><td class=\"column-2\">40606<\/td><td class=\"column-3\">$331,661,026<\/td><td class=\"column-4\"><\/td>\n<\/tr>\n<tr class=\"row-3\">\n\t<td class=\"column-1\">East Midtown<\/td><td class=\"column-2\">40625<\/td><td class=\"column-3\">$297,682,500<\/td><td class=\"column-4\"><\/td>\n<\/tr>\n<tr class=\"row-4\">\n\t<td class=\"column-1\">Midtown<\/td><td class=\"column-2\">40576<\/td><td class=\"column-3\">$165,000,000<\/td><td class=\"column-4\"><\/td>\n<\/tr>\n<tr class=\"row-5\">\n\t<td class=\"column-1\">East Midtown<\/td><td class=\"column-2\">40619<\/td><td class=\"column-3\">$122,500,000<\/td><td class=\"column-4\"><\/td>\n<\/tr>\n<tr class=\"row-6\">\n\t<td class=\"column-1\">East Midtown<\/td><td class=\"column-2\">25-Jan-11<\/td><td class=\"column-3\">$100,332,536<\/td><td class=\"column-4\"><\/td>\n<\/tr>\n<tr class=\"row-7\">\n\t<td class=\"column-1\">Midtown<\/td><td class=\"column-2\">18-Jan-11<\/td><td class=\"column-3\">$72,000,000<\/td><td class=\"column-4\"><\/td>\n<\/tr>\n<tr class=\"row-8\">\n\t<td class=\"column-1\">Tribeca<\/td><td class=\"column-2\">40590<\/td><td class=\"column-3\">$65,000,000<\/td><td class=\"column-4\"><\/td>\n<\/tr>\n<tr class=\"row-9\">\n\t<td class=\"column-1\">Glendale<\/td><td class=\"column-2\">40602<\/td><td class=\"column-3\">$53,750,000<\/td><td class=\"column-4\"><\/td>\n<\/tr>\n<tr class=\"row-10\">\n\t<td class=\"column-1\">Upper West Side<\/td><td class=\"column-2\">18-Jan-11<\/td><td class=\"column-3\">$48,000,000<\/td><td class=\"column-4\"><\/td>\n<\/tr>\n<tr class=\"row-11\">\n\t<td class=\"column-1\">Midtown<\/td><td class=\"column-2\">12-Jan-11<\/td><td class=\"column-3\">$45,230,000<\/td><td class=\"column-4\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<!-- #tablepress-126 from cache --><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PropertyShark has put together a list of the top 10 closed commercial property sales that happened in New York City in the first quarter of 2011. Here are the top three. 666 5th Avenue The priciest commercial transaction in Q1 2011 involved the retail condominium located at 666 Fifth Avenue that sold in March for&hellip;<\/p>\n","protected":false},"author":30,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[376],"tags":[413,186],"class_list":["post-5279","post","type-post","status-publish","format-standard","hentry","category-new-york-commercial-real-estate","tag-manhattan-commercial-properties","tag-nyc-commercial-properties"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>10 biggest commercial NYC transactions in Q1 2011 - PropertyShark Real Estate Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2011\/04\/14\/10-biggest-commercial-nyc-transactions-in-q1-2011\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"10 biggest commercial NYC transactions in Q1 2011\" \/>\n<meta property=\"og:description\" content=\"PropertyShark has put together a list of the top 10 closed commercial property sales that happened in New York City in the first quarter of 2011. Here are the top three. 666 5th Avenue The priciest commercial transaction in Q1 2011 involved the retail condominium located at 666 Fifth Avenue that sold in March for&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2011\/04\/14\/10-biggest-commercial-nyc-transactions-in-q1-2011\/\" \/>\n<meta property=\"og:site_name\" content=\"PropertyShark Real Estate Blog\" \/>\n<meta property=\"article:published_time\" content=\"2011-04-14T14:51:28+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2016-12-21T10:39:15+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-content\/uploads\/sites\/98\/2011\/04\/666-5-Avenue1.jpg\" \/>\n<meta name=\"author\" content=\"Roxana Baiceanu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Roxana Baiceanu\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"10 biggest commercial NYC transactions in Q1 2011 - PropertyShark Real Estate Blog","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2011\/04\/14\/10-biggest-commercial-nyc-transactions-in-q1-2011\/","og_locale":"en_US","og_type":"article","og_title":"10 biggest commercial NYC transactions in Q1 2011","og_description":"PropertyShark has put together a list of the top 10 closed commercial property sales that happened in New York City in the first quarter of 2011. 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