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Compass’ Adelaide Polsinelli Lists Tribeca Commercial Condo
Adelaide Polsinelli, vice chairman of Compass, has been hired to sell or lease, the 4,100-square foot retail condominium at 11 Jay St. In Tribeca. Originally built as an egg and cheese warehouse in 1920, today it’s among the few loft-style duplex commercial condos in the vicinity.
Located in the Tribeca West Historic District, the property is within walking distance of Duane Park, the headquarters of Goldman Sachs and Citibank, St. Johns Terminal and many other new developments, hotels, fine dining and open-air spaces. Its past uses were high-end production offices, with boutique retail and gallery spaces.
“Fortunately, we are finally seeing signs of a strong retail resurgence as more businesses and organizations are realizing that owning their real estate is far more advantageous,” siid Polsinelli. “This is especially true today as real estate is one of the greatest hedges against inflation.”
- ◦Sale/Acquisition

