Ariel Completes Multiple Sales Across Brooklyn, Manhattan
Ariel Property Advisors has arranged the sales of five properties in Brooklyn and Manhattan totaling $13.5 million. The transactions include the following: • 729 Lafayette Ave., Brooklyn. A four-story multifamily building in Bedford-Stuyvesant sold for $5.05 million. Director Dov Chein arranged the transaction with director Benjamin Vago and founding partner Victor Sozio. • 188 Cooper St., Brooklyn. A newly constructed luxury multifamily building in Bushwick sold for $3.55 million. Directors Chein and Matthew Gillis managed the transaction. • 344 Lorimer St., Brooklyn. This development site offering 6,698 buildable square feet in Williamsburg sold for $2.175 million. Director Benjamin Vago facilitated the transaction along with partner Sean Kelly and president and founder Shimon Shkury. • 158 W. 23rd St., #1C, Manhattan. Director Howard Raber and Shkury managed the $1.5-million sale of this vacant, turnkey, 1,831-square-foot retail condo.
• 193 34th Street, Brooklyn. A 4,320-square-foot former church in Greenwood Heights sold for $1.22 million. Kelly arranged the transaction with director Stephen Vorvolakos and associate Julian Montilus
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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