Paramount Group

Ronald Winston, son of the founder of the eponymous Harry Winston jewelers, has sold the firm's flagship building at 718 Fifth Avenue for $62 million, according to city records.

Paramount Group, which made the purchase, is apparently on a shopping spree that would make even Harry proud. Albert Behler's Paramount is apparently snapping up 1301 Avenue of the Americas, the Credit Lyonnais Building, for a staggering $1.5 billion.

Neither Paramount Group's spokeswoman nor the spokesperson for Harry Winston could be reached for comment.

Paramount Group’s sale of 1177 Avenue of the Americas to Larry Silverstein and CalSTRS pension fund just popped up on city records, and the final tally: $1,000,850,706.

We reported in November about the sale, and then Silverstein Properties put out a release earlier this month acknowledging that the deal was indeed for over $1 billion.

It seems the Deutsche Bank-owned building at 31 West 52nd Street sold to Albert Behler’s Paramount Group for just shy of $600 million, according to SL Green, the city's biggest office landlord.

Last month, we reported that the building went for more than $500 million, though SL Green today released a slideshow from its investor conference that had a list of recent deals including 31 West 52nd Street (even though, to our knowledge, SL Green wasn't involved in this particular one). The price: $595 million, or $812 a foot for the 723,000-square-foot building.

We have a call out to Paramount to confirm, but haven’t yet heard back.

Larry Silverstein is going big in midtown, as the Paramount Group has agreed to sell its tower at 1177 Avenue of the Americas to Silverstein Properties and the California-based CalSTRS pension fund for more than $1 billion, a source confirmed today.  read more »

Beacon Capital Partners has closed on One Financial Square for $751 million, according to city records.

The 36-story, 973,000-square-foot building went to contract on July 2 and closed on August 29. In July, The New York Sun reported that this deal was in the works. The seller is the Paramount Group, which purchased the property back in 1995 for $135 million.  read more »