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.”
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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