News: Brokerage

Eastern Consolidated's Ezratty named CoStar Power Broker for 2012

Brian Ezratty, vice chairman of Eastern Consolidated has been named a CoStar Power Broker for 2012. CoStar presents annual awards to the ten 'best of the best' in commercial real estate brokerage by recognizing individuals who have closed the highest volume in commercial property sales during the year. Ezratty was recognized for his achievement in negotiating transactions in excess of $800 million last year. During his career in commercial real estate, he has been responsible for the sale of over $11 billion and has typically closed over 30 deals each year for the last decade. He has sold over 70 development sites and assemblages in New York City and done over 100 transactions in the parking industry for sales and/or leases of garages and parking lots. "Brian is an icon in the New York City commercial real estate community," said Daun Paris, president of Eastern Consolidated. "Everyone who knows him respects his professionalism, his creativity and his profound knowledge of the business. He has been a major force in the growth and prosperity of Eastern Consolidated and we are thrilled that he's been recognized once again for the tremendous number of transactions he arranged last year." Among some of Ezratty's significant sales for 2012 were: The sale of 245-249 West 17th Street, the old Barney's Warehouse buildings, two Chelsea office buildings for $120 million; The sale of 311-319 West 43rd Street, a 14-story, 171,000 s/f office building for $62.4 million; The sale of 141 Fifth Avenue, a 9,204 s/f retail condo for $46 million; The sale of 509 Fifth Avenue, a 60,000 s/f office building for $39.5 million.
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