Kering

40, rue de Sèvres Paris 7 France

Kering portfolio

$218.7 million* – condo 100%; Manhattan 100%, Bronx 0%

281th largest portfolio by dollar value

103,962 sqft – condo 100%;

1876th largest by SF

2 properties – Manhattan 100%, Bronx 0%

2934th largest

Notes

Kering is a Paris-based luxury retail brand holding company.

Company Activity past 24 months:

Buyer company: 1 for $963 million

Top Ten Associated Companies:

Wharton Properties (1)

Top Ten Associated People:

Jeff Sutton (1)

Recent activity as company:

Wharton Properties sold 717 5th Avenue and 717 5th Avenue, Midtown East, Manhattan for $963 million to Kering on January 24, 2024.

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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