Millennium Partners
| Private | |
| ISIN | 🆔 |
| Industry | Real Estate Real Estate Investment Trusts |
| Founded 📆 | 1991 (26 years ago) |
| Founder 👔 | Christopher M. Jeffries
Philip E. Aarons Philip H. Lovett |
| Headquarters 🏙️ | , New York , United States of America |
Area served 🗺️ | Across United States |
Key people | Christopher M. Jeffries (Founding Partner)
Philip E. Aarons (Founding Partner) Philip H. Lovett (Co-Founder) |
| Members | |
Number of employees | 6 |
| 🌐 Website | millenniumptrs |
| 📇 Address | |
| 📞 telephone | |
Millennium Partners LLC is a privately held real estate company, headquartered in New York. It is involved in the development of mixed-use luxury residential and commercial properties which includes fitness centers, condominiums and entertainment facilities in San Francisco, Boston, Los Angeles, Miami, Washington DC and New York. The company also has interests in hotels in and around New York.
History[edit]
The company was founded by Christopher M. Jeffries, Philip E. Aarons and Philip H. Lovett in 1991.[1] To date, Millennium Partners has developed 2,900 luxury condominiums, two-extended stay luxury hotels, eight five-star hotels, a total of 1,200,000 square feet of office space, 1,000,000 square feet of retail space, 3,750 parking spaces, five Loews Cineplex theaters and five grand health clubs. Millennium Partners portfolio is now worth a whopping $4 billion.[citation needed]
In 2012, company founder Jeffries made headlines when he sold his Manhattan duplex condominium for $75 million[2]. On 23rd April, 2014, Millennium Partners was represented by Cushman & Wakefield in a long term lease deal with Primark, a leading European fashion retailer for the renovation of the Burnham Building in Boston’s Downtown Crossing[3].
In 2016, the Boston Development Authority picked Millennium Partners for building a 55-story skyscraper on the site of the defunct Winthrop Square garage on Devonshire Street.[4]
Properties[edit]
Properties of Millennium Partners span across many locations in cities across the United States.
Boston:[edit]
Millennium Place
The Ritz-Carlton Hotel and Residences
One Charles
Loews Theater Boston Common
San Francisco:[edit]
706 Mission Street
Millennium Tower
Four Seasons Hotel & Residences
New York:[edit]
The Ritz-Carlton New York, Central Park
50 Central Park South
The Ritz-Carlton Hotel and Residences, Battery Park
Millennium Tower Residences, Battery Park
The Grand Millennium
Park Millennium, Upper West Side
The Philips Club
Miami:[edit]
Four Seasons Hotel & Tower
Washington, D.C:[edit]
The Ritz-Carlton Hotel and Residences, Foggy Bottom
Los Angeles:[edit]
Millennium Hollywood
Controversy[edit]
The Millennium Tower in San Francisco made headlines when it emerged that it started to tilt and sink since its completion in 2008. Owners of the condominium tower raised concerns about the value of their investments given the structural issues. Other issues, such as fire hazards have been raised. Lawsuits are currently ongoing.[5][6][7]
References[edit]
- ↑ "Millennium Partners, L.P.: Private Company Information - Bloomberg". www.bloomberg.com. Retrieved 2017-10-03.
- ↑ David, Mark (2012-03-09). "More New York City Floor Plan Porn: Christopher M. Jeffries". Variety. Retrieved 2017-10-03.
- ↑ "Cushman & Wakefield represents Millennium Partners in 112,000 s/f lease". Retrieved 2017-10-03.
- ↑ "Tower proposal gets major boost". Retrieved 2017-10-04.
- ↑ "Legal battle over Millennium Tower rages on in San Francisco". ABC7 San Francisco. 2017-08-08. Retrieved 2017-10-04.
- ↑ "A 58-story skyscraper in San Francisco is tilting and sinking — and residents say their multimillion-dollar condos are 'nearly worthless'". Business Insider. Retrieved 2017-10-04.
- ↑ "A new report suggests a fire risk inside San Francisco's leaning, sinking skyscraper". Business Insider. Retrieved 2017-10-04.
External links[edit]
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