Brookfield Properties

(Brookfield Asset Management, Brookfield Property Partners)

250 Vesey Street, 15th Floor. New York, NY 10281

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Brookfield Properties portfolio

$8.7 billion* – office 49.0%, condo 34.0%; Manhattan 85.0%, Brooklyn 13.0%

7th largest portfolio by dollar value

34,200,149 sqft – office 43.0%, condo 24.0%;

4th largest by SF

177 properties – Manhattan 72%, Brooklyn 22%

35th largest

5,875 residential units – Brooklyn 50.0%, Manhattan 27.0%

30th largest by residential units

1 foreclosure, 0 bankruptcies, 11 other court cases.

Company Activity past 24 months:

Buyer company: 3 for $150 million

Seller company: 11 for $765.7 million

Borrower company: 7 for $1.7 billion

Lender company: 3 for $123 million

Top Ten Associated People:

Brianne Hanifin (4), Jason Blacksberg (4), Jack Cayre (3), Robert E. Poole (3), Matthew Finkle (3), David K Zussman (3), Alexander Arker (3), Dina Arker (3), Daniel Moritz (3), Justin B. Kleinman (2)

Recent activity as company:

Brookfield Properties sold 660 Fifth Avenue, Midtown West, Manhattan for $95 million to UNIQLO Co. on January 15, 2025.

Brookfield Properties and Urban American Management sold 3333 Broadway, None, Manhattan for $321.8 million to MSquared and Urban American Management on January 07, 2025.

Brookfield Properties sold 653 11th Avenue, Hell’s Kitchen, Manhattan for $57.8 million to Capstone Equities and Leyad on December 20, 2024.

Brookfield Properties sold 367-369 Bleecker Street, West Village, Manhattan for $4.8 million to Acadia Realty Trust on September 24, 2024.

Brookfield Properties sold 387 Bleecker Street, West Village, Manhattan for $1.6 million to Acadia Realty Trust on September 24, 2024.

Brookfield Properties sold 382 Bleecker Street, 92 Perry Street, 382 Bleecker Street, and 382 Bleecker Street, West Village, Manhattan for $5.7 million to Acadia Realty Trust on September 24, 2024.

Brookfield Properties sold 350 Bleecker Street, West Village, Manhattan for $8.1 million to Acadia Realty Trust on September 24, 2024.

Savanna borrowed $0 from Alen Mamrout for 1375 Broadway, Garment District, Manhattan on August 16, 2024.

Farallon Capital Management borrowed $12 million from Brookfield Asset Management for 85 East End Avenue, Yorkville, Manhattan on July 09, 2024.

Brookfield Properties borrowed $100 million from Wells Fargo for N/A 9th Avenue and 2 Manhattan West, None, Manhattan on July 02, 2024.

Latest Stories:

• MSquared, partners buy out Brookfield for $321.8M at 1,193-unit Harlem rental (January 08, 2025)

• Alen Mamrout, 60 Guilders, acquire 1375 Broadway in $200M deal (January 01, 2025)

• Sentry Realty refis debt on 1375 Broadway, after buying $200M note in August (December 27, 2024)

• Capstone, Leyad pay $57.8M to Brookfield for hotel in Hell’s Kitchen, was $82.7M in 2019 (December 23, 2024)

• Blackstone Group signs $550M refi for 899-unit 8 Spruce in FiDi (December 12, 2024)

• Pre-foreclosure filed at Brookfield’s One Pierrepont with $127.9M loan (November 18, 2024)

• Atlas Capital pays $202.5M to KKR, Dalan for 365-unit rental in Fort Greene (October 22, 2024)

• Acadia Realty pays Brookfield $20.25M for Bleecker Street retail, was $31.5M in 2018 (September 25, 2024)

• Manufacturer Alen Mamrout buys $200M note at Savanna’s 1375 Broadway, will own building: Sources (August 19, 2024)

• Chaskel Landau files plans for 115-unit project in Downtown Brooklyn (July 19, 2024)

Court Records:

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Properties:

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*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.

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