Steven Novenstein
(Steven A. Novenstein, Steve Novenstein)
President
Storage Deluxe
(Storage Deluxe Realty, Storage Deluxe Management, Storage Deluxe Management Company)
Owner
26 West 17th Street, Suite 801 New York, NY 10011
Storage Deluxe NYC portfolio
$395.8 million -industrial 90%, E7 5%, specialty 4%; Brooklyn 50%, Queens 49%*
559th largest portfolio by dollar value
727,432 sqft – industrial 91%, E7 7%, specialty 1%; Brooklyn 53%, Queens 46%
628th largest by SF
8 properties – Brooklyn 50%, Queens 50%
1276th largest
Person Activity past 24 months:
Seller signatory: 2 for $68 million
Top Ten Associated Companies:
CubeSmart (10), Carlyle Group (2), Wells Fargo (1), Magic Novelty Co. (1), PNC Bank (1), Steve Poliseno (1)
Top Ten Associated People:
Jeffrey P. Foster (8), Wonjoong Kim (2), David Neuburger (1), Jeffrey Foster (1), Steve Poliseno (1)
Recent activity as signatory:
• Storage Deluxe sold 308 Dyckman Street for $17 million to Carlyle Group on November 22, 2024.
• Storage Deluxe sold 74-16 Grand Avenue for $51 million to Carlyle Group on November 22, 2024.
• Storage Deluxe borrowed $19 million from PNC Bank for 329 Butler Street on February 13, 2023.
• Steve Poliseno sold 34-37 37 Street for $20 million to Storage Deluxe on August 17, 2021.
• Storage Deluxe borrowed $14.6 million from Wells Fargo for 308 Dyckman Street on June 15, 2021.
• Magic Novelty Co. sold 308 Dyckman Street for $15.2 million to UOVO on June 15, 2021.
• Storage Deluxe sold 45-41 38 Street for $19.1 million to CubeSmart on December 22, 2020.
• Storage Deluxe sold 31-40 Whitestone Expressway for $90 million to CubeSmart on December 22, 2020.
• CubeSmart borrowed $15.7 million from CubeSmart for 215 2 Street on December 22, 2020.
• Storage Deluxe sold 39-25 21 Street for $45.5 million to CubeSmart on December 22, 2020.
Latest Stories:
• Storage Deluxe signs $19M loan with PNC Bank for industrial in Gowanus (February 22, 2023)
• Storage Deluxe pays $20M to Steve Poliseno for industrial in Astoria (August 27, 2021)
• Storage Deluxe pays $15.2M for industrial in Washington Heights (June 25, 2021)
• CubeSmart pays $90M to Storage Deluxe as part of announced $540M transaction (February 02, 2021)
• CubeSmart pays $45.5M to Storage Deluxe for property in LIC, part of $540M sale (January 20, 2021)
• CubeSmart pays $123M to Storage Deluxe, part of announced $540M transaction (January 18, 2021)