John Grassi
(John S. Grassi)
Chairman
Ceo
Spear Street Capital
Owner
One Market Plaza Steuart Tower, Suite 1050 San Francisco, CA 94105
450 Lexington Avenue 39th Floor New York, NY 10017
Spear Street Capital NYC portfolio
$515.6 million -office 68%, retail 31%; Manhattan 100%*
435th largest portfolio by dollar value
343,261 sqft – office 68%, retail 31%; Manhattan 100%
1092th largest by SF
6 properties – Manhattan 100%
1609th largest
Other Links:
Person Activity past 24 months:
Buyer signatory: 3 for $142.5 million
Borrower signatory: 3 for $84.7 million
Top Ten Associated Companies:
SL Green Realty (2), Bank of America (1), KPG Funds (1), G4 Capital Partners (1), Jay Batt (1), Flank (1), DekaBank (1), Voya Investment Management (1), Blackstone Group (1), Ladder Capital (1)
Top Ten Associated People:
Andrew S. Levine (2), Gregory Kraut (1), Jason Behfarin (1), Jay Batt (1), Michael Anthony McAuliffe (1), Anja Babst (1), J.T. Sizemore (1), Mark Ableman (1)
Recent activity as signatory:
• G4 Capital Partners sold 78 8 Avenue for $50.5 million to Spear Street Capital on April 10, 2026.
• Spear Street Capital borrowed $27.8 million from DekaBank for 78 8 Avenue on April 10, 2026.
• Jay Batt and Flank sold 167 Mercer Street for $40 million to Spear Street Capital on February 21, 2025.
• Spear Street Capital borrowed $24 million from Blackstone Group for 167 Mercer Street on February 21, 2025.
• KPG Funds sold 448 Broadway for $52 million to Spear Street Capital on September 17, 2024.
• Spear Street Capital borrowed $33 million from Ladder Capital for 448 Broadway on September 17, 2024.
• Spear Street Capital borrowed $21.8 million from Voya Investment Management for 8 Crosby Street on April 11, 2024.
• Spear Street Capital borrowed $212.1 million from Bank of America for 635 Avenue Of The Americas on September 29, 2021.
• SL Green Realty sold 635 Avenue Of The Americas for $121.2 million to Spear Street Capital on June 07, 2021.
• SL Green Realty sold 649 Avenue Of The Americas for $203.8 million to Spear Street Capital on June 07, 2021.
Latest Stories:
• Long-time owners sell SoHo commercial for $40M to Spear Street Capital (February 26, 2025)
• Spear Street pays $52M to KPG for retail in SoHo, just above $51M 2022 loan (September 26, 2024)
• Spear Street signs $21.8M initial loan with Voya for recent purchase in SoHo (April 17, 2024)
• KPG Funds signs $51M refi loan with Ladder Capital for retail, office in Soho (April 07, 2022)
• Spear Street pays $325M to SL Green for office building in Chelsea (June 18, 2021)
• Flank borrows $38M from Barings for rehabbed commercial property in Soho (January 27, 2020)
