Acclaimed mixed-use high-rise along Central Park that has become a prominent New York City landmark.
Equity ownership of retail venue and parking garage
338,500 square feet of retail space
504-vehicle parking garage
Local Population Density
50,500 people/square mile
Invested in the development of the retail venue – The Shops at Columbus Circle — and parking garage through a venture with the property’s developers, Related Companies and Apollo Real Estate Advisors, which built Time Warner Center as separate, individually owned components.
Developed on the former site of the New York Coliseum convention and exposition center along Columbus Circle on Manhattan’s Upper West Side, directly opposite Central Park.
Consists of two 55-story towers featuring 1.1 million square feet of office space, a Mandarin Oriental Hotel, The Shops at Columbus Circle retail venue, residential condominiums, Jazz at Lincoln Center performance and educational facilities, and a public parking garage.
Acquired an equity joint-venture interest with Related and Apollo in The Shops at Columbus Circle and the garage after holding a construction loan secured by the two components.
The Shops at Columbus features nearly 50 upscale shops and restaurants on two lower concourses and the property’s first four floors. Key tenants include Whole Foods, Equinox Fitness Club, A|X Armani Exchange, Williams-Sonoma, Coach, Microsoft and Stuart Weitzman as well as The Restaurant and Bar Collection, which features world-class restaurants by Thomas Keller (Per Se), Masayoshi Takayama (Masa), Michael Lomonaco (Porter House Bar and Grill) and other trend-setting chefs and restaurateurs.
One of New York City’s leading social and cultural destinations, the property serves as a crucial link between Times Square and the Upper West Side and has helped revitalize its immediate area.
Awards & Honors
One of just 11 properties worldwide to win the Urban Land Institute’s Global Award for Excellence in 2005.