Howard Hughes Corporation

People:

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Howard Hughes Corporation NYC portfolio

$241.3 million* – development 63%, retail 29%; Manhattan 100%, Bronx 0%

647th largest portfolio by dollar value

336,785 sqft – retail 89%, specialty 10%;

833th largest by SF

4 properties – Manhattan 100%, Bronx 0%

1800th largest

Company Activity past 24 months:

Buyer company: 1 for $40 million

Borrower company: 1 for $115 million

Top Ten Associated Companies:

Mizuho Bank (1), City of New York (1), Howard Hughes Corporation (1), Helaba (1)

Top Ten Associated People:

Mirza Kafedzic (1)

Recent activity as company:

City of New York sold 95 South Street, 95 Marginal Street, 250 Water Street, and PIER-16 South Street, Financial District, Manhattan for $40 million to Howard Hughes Corporation on August 12, 2024.

Howard Hughes Corporation borrowed $115 million from Mizuho Bank for 250 Water Street, Financial District, Manhattan on September 11, 2023.

Howard Hughes Corporation for Saul Scherl filed plans for new building for 666,918 sqft in Financial District, Manhattan, on December 08, 2021.

Howard Hughes Corporation borrowed $100 million from Helaba for 304 Pearl Street, Seaport, Manhattan on November 22, 2019.

Howard Hughes Corporation borrowed $99.7 million from Howard Hughes Corporation for 304 Pearl Street, Seaport, Manhattan on October 22, 2019.

Properties:

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*The Portfolio Value is a PincusCo estimate based on a property’s recent sale or loan, or multiplying the city’s Market Value by two.

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