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Compass' Adelaide Polsinelli is marketing for sale of a package of office co-op units at 115 and 143 W. 29th St. in Manhattan's Nomad neighborhood

Compass’ Adelaide Polsinelli Markets Office Co-Ops in Nomad 

Compass vice chairman Adelaide Polsinelli has been hired to market for sale a package of 18 office co-op units at 115 and 143 W. 29th St., located between Sixth and Seventh avenues at the gateway of Manhattan’s Nomad neighborhood. 

The properties consist of three floors of office space containing 18 individual offices. All but five of the offices are leased, enabling a future owner to occupy the space while benefiting from in-place cash flow. The units can be sold as a package or separately.  

“The benefits of office unit ownership are numerous,” said Polsinelli. “The price of an office building in the city is much higher than that of an office co-op without the headaches of management. Owning an office co-op is an easier and less expensive proposition for someone wanting to get into the business of owning commercial real estate in Manhattan.” 


Inside The Story

Compass' Polsinelli

About Paul Bubny

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 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).

  • ◦Sale/Acquisition
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