Eastern Consolidated

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Eastern Consolidated
IndustryReal estate
Founded1981; 43 years ago (1981)
FounderPeter Hauspurg
Daun Paris
DefunctJuly 2018; 5 years ago (2018-07)
FateShut down
HeadquartersManhattan
ServicesBrokerage firm
Websitewww.easternconsolidated.com

Eastern Consolidated was a commercial real estate brokerage firm that primarily operated in New York City. The company was shut down in 2018.

History[edit]

In 1981, the company was founded by Peter Hauspurg and Daun Paris. The co-founders married in 1983.[1]

In 1982, the company brokered the sale of the Lowell Hotel.[1]

In 1993, Brian Ezratty, a broker with the company, negotiated the sale of the Ed Sullivan Theater and Office Building at 1697 Broadway to CBS for $4.255 million, providing studio space for the Late Show with David Letterman. Ezratty received REBNY's Deal of the Year award for the transaction.[2]

On behalf of the Durst Organization, the company brokered the sale of the Americas Tower (1177 Avenue of the Americas), a 1,001,000 SF, 50-story midtown office building built in 1993.[1]

In April 1998, the company brokered the sale of the Eden Roc Miami Beach Hotel, the signature hotel designed by Morris Lapidus that opened in 1954.[3][4]

In February 2007, the company represented the seller in the sale of a building in Albany, New York for $9.75 million.[5]

In November 2013, the company launched a retail leasing division.[6][7]

In September 2014, the company represented the seller in the sale of a building in Albany, New York for $33 million.[8]

In April 2015, the company brokered the sale of The Coda, a rental building on the Lower East Side, and two other buildings for $50 million.[9]

In May 2015, the company acquired Prospect Capital Group.[10]

In August 2016, the company represented the seller in the sale of a parcel in Brooklyn for $5.75 million.[11]

In March 2017, the company represented the seller in the sale of 2 buildings in Brooklyn for $25 million.[12]

In May 2017, the company represented 3 sellers, including Extell Development Company, in their sale of 3 redevelopment sites in Manhattan to Rockefeller Group for $100 million.[13]

In June 2017, the company represented the seller in the sale of a vacant building in Boston for $63.25 million.[14]

In July 2018, the company shut down.[15]

References[edit]

  1. ^ a b c Taylor, Candace (November 3, 2009). "Daun Paris". The Real Deal.
  2. ^ Sederstrom, Jotham (September 28, 2009). "The Letterman Fan". The New York Observer.
  3. ^ "News Briefs". Informa. May 1, 1998.
  4. ^ "Destination Hotels Resorts Continues Growth as New Manager of Historic Eden Roc Resort Spa". Hotel Online (Press release). April 1, 1998.
  5. ^ DeMasi, Michael (February 12, 2007). "Albany office tower sells for $9.75M". American City Business Journals.
  6. ^ Pincus, Adam (November 22, 2013). "Eastern Consolidated to launch retail leasing division". The Real Deal.
  7. ^ DELAPORTE, GUS (January 16, 2014). "Eastern Consolidated Launches Retail Leasing Division". Commercial Observer.
  8. ^ DeMasi, Michael (September 17, 2014). "Office tower sold in downtown Albany for $33 million". American City Business Journals.
  9. ^ ELKIES SCHRAM, LAUREN (April 16, 2015). "The Coda and Two Other LES Buildings Sell for $50M". Commercial Observer.
  10. ^ Baltic, Scott (May 4, 2015). "Eastern Consolidated Welcomes Prospect Capital". Commercial Property Executive.
  11. ^ Maurer, Mark (March 8, 2018). "Big dev site along Williamsburg waterfront hitting the market". The Real Deal.
  12. ^ Parker, Will (February 28, 2017). "Treetop buys two East Flatbush buildings for $25M". The Real Deal.
  13. ^ GEIGER, DANIEL (May 3, 2017). "Rockefeller Group to buy NoMad development site". Crain Communications.
  14. ^ Coste, Mihaela (June 26, 2017). "Downtown Boston Asset Trades for $63M". Commercial Property Executive.
  15. ^ Parker, Will (June 15, 2018). "Eastern Consolidated is going out of business". The Real Deal.

External links[edit]