Isaac Chetrit

Isaac Chetrit shopping Diamond District buildings The office properties received a $130M refi from Signature in 2015

Isaac Chetrit, 15 West 47th Street and 22 West 48t爱上海龙凤419桑拿

h Street (Credit: Google Maps)


ATED, Nov. 7, 12:02 p.m.: As Isaac Chetrit moves ahead with plans for a Garment District skyscraper, he is looking to sell off a pair of office buildings about 10 blocks north, sources told The Real Deal.

Chetrit and partner Ray Yadidi’s Sioni Group are asking between $190 million and $200 million for the properties at 15 West 47th Street and 22 West 48th Street, in the heart of Midtown’s Diamond District, sources said.

A Cushman Wakefield team led by Bob Knakal was recently hired to market only the 47th Street building for sale, sources added.

Totaling over 200,000 square feet, the buildings sit diagonally back-to-back, just south of Rockefeller Plaza between Fifth and Sixth avenues. At that asking price, the price per square foot would equate to about $1,000.

The properties, one 18 stories and the other 15 stories, are home to largely diamond and gem-related businesses.

The investors bought the buil阿拉爱上海同城

dings for $116.3 million in 20新上海贵族宝贝论坛

12 from longtime owner Victor Shafferman.  Then, three years later, they obtained a $130 million refinancing from Signature Bank.

Chetrit declined to comment, and Cushman and Sioni did not respond to a request for comment.

Chetrit and Yadidi are planning to build an 80-story mixed-use tower on Sixth Avenue, from West 36th to 37th streets.  They are reviewing unsolicited offers and recently hired Kohn Pedersen Fox as the tower’s architect.

Tags: Commercial Real Estate, isaac chetrit
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