Paul Galiano

(Paul A. Galiano)

Tishman Speyer

Developer, Owner

Tishman Speyer NYC portfolio

$19.3 billion* – office 74%, elevator 9%, condo 8%; Manhattan 84%, Queens 13%, Bronx 1%

6th largest portfolio by dollar value

19,088,455 sqft – office 67%, condo 10%, specialty 8%;

9th largest by SF

41 properties – Manhattan 82%, Queens 13%, Brooklyn 3%

178th largest

2,643 residential units – Queens 81%, Brooklyn 18%

77th largest by residential units

0 foreclosures, 0 bankruptcies, 26 other court cases.

Person Activity past 24 months:

Seller signatory: 1 for $10.9 million

Borrower signatory: 4 for $4 billion

Top Ten Associated Companies:

Bank of America (3), Blackstone Group (1), KKR & Co. (1), MassMutual (1), Wells Fargo (1), Breaking Ground (1), NYS Housing Finance Agency (1)

Top Ten Associated People:

Steven L. Wasser (2), Bradley White (1), David Beer (1), Russell Hubley (1)

Recent activity as signatory:

Tishman Speyer and Breaking Ground borrowed $142.8 million from NYS Housing Finance Agency for N/A Beach 53rd Street, Edgemere, Queens on April 14, 2025.

Tishman Speyer sold N/A Beach 53rd Street, Edgemere, Queens for $10.9 million to Breaking Ground on April 14, 2025.

Tishman Speyer borrowed $3.5 billion from Bank of America and Wells Fargo for 1260 Avenue Of The Amer, 1230 Avenue Of The Amer, 610 5th Avenue, 600 5th Avenue, 30 Rockefeller Plaza, and others, Midtown West, Manhattan on October 25, 2024.

Tishman Speyer borrowed $92.7 million from MassMutual for 150 West 56th Street, Midtown West, Manhattan on October 26, 2023.

Tishman Speyer borrowed $274 million from Bank of America for 11 West 42nd Street, Midtown West, Manhattan on July 05, 2023.

Tishman Speyer borrowed $185.1 million from KKR & Co. for 66 Hudson Blvd, Hudson Yards, Manhattan on March 01, 2023.

Tishman Speyer borrowed $866.4 million from Blackstone Group for 66 Hudson Blvd, Hell’s Kitchen, Manhattan on November 23, 2021.

Tishman Speyer borrowed $425 million from Bank of America for 28-10 Queens Plaza South, Long Island City, Queens on September 02, 2021.

Latest Stories:

• Tishman signs $2.85B refi for the Spiral office tower in Hudson Yards (January 27, 2025)

• Tishman Speyer signs $3.5B refi for Rockefeller Center in Midtown West (October 28, 2024)

• Tishman Speyer files plans for 244-unit project in Edgemere (August 23, 2024)

• Tishman Speyer signs $92.7M loan modification with MassMutual for office in Midtown West (October 27, 2023)

• Tishman Speyer refis Midtown West office building at $274M, down from $300M in 2013 (July 06, 2023)

• Tishman Speyer files $16.2M DOB plan for air conditioning at Spiral in Hudson Yards (November 28, 2022)

• Tishman Speyer pays $90.4M to Arker Companies for development parcels in Edgemere (December 09, 2021)

• Tishman Speyer signs $425M refi loan with Bank of America for office building in Long Island City (September 03, 2021)

• Tishman Speyer finishes $4.2M build-out of retail at The JACX (October 16, 2020)

• Tishman files plans for $1.9M rehab to retail space at 45 Rockefeller Plaza (July 17, 2020)

*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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