Shubert Organization

Shubert Organization NYC portfolio

Top Ten Associated Companies:

Extell Development (2), Tribeach Holdings (1)

Top Ten Associated People:

Jaime Palmer (1), Marc Kwestel (1)

Recent activity as company:

• Shubert Organization sold 163 West 47 Street for $53.7 million to Tribeach Holdings on July 30, 2021.

• Shubert Organization sold None for $31.1 million to Extell Development on July 30, 2021.

• Shubert Organization sold 726 8 Avenue for $3.8 million to Extell Development on August 13, 2019.

• Extell Development sold None for $3.8 million to Shubert Organization on August 13, 2019.

Latest Stories:

• Sam Chang of McSam Hotel Group in contract to sell 974-key hotel development (March 24, 2022)

• Extell pays $6M for 12K in air rights for new Times Square tower (September 01, 2021)

• Extell pays $82.3M to Shubert Org for air rights and property in Times Square (August 17, 2021)

• Tribeach Holdings pays $53.7M to Shubert for 119K in Times Square air rights (August 16, 2021)

• Extell files plans for 195K sf office building west of Times Square (June 22, 2020)

• Sam Chang’s McSam Hotel Group pays $139M to Rockefeller Development for development site in Times Square (January 03, 2020)

• McSam Hotel Group borrows $210M from S3 Capital for hotel construction in Times Square (January 03, 2020)

• Highgate pays $35M to Rockefeller Group for hotel in Times Square (November 08, 2019)

• Extell Development borrows $9M from JPM Ex Portfolio Seller LLC for property in Times Square (September 30, 2019)

• Extell Development paid $4M to Shubert Organization on Eighth Ave. (September 11, 2019)

Properties: