Steven Novenstein
(Steven A. Novenstein, Steve Novenstein)
President
Storage Deluxe
(UOVO, 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
$473.2 million* – industrial 91.0%, specialty 4.0%; Queens 60.0%, Brooklyn 39.0%
349th largest portfolio by dollar value
727,432 sqft – industrial 91%, P6 7%;
443th largest by SF
8 properties – Brooklyn 50%, Queens 50%
998th largest
Other Links:
Person Activity past 24 months:
Seller signatory: 2 for $68 million
Top Ten Associated Companies:
CubeSmart (10), Carlyle Group (2), PNC Bank (1), Wells Fargo (1), Steve Poliseno (1), Magic Novelty Co. (1)
Top Ten Associated People:
Jeffrey P. Foster (8), Wonjoong Kim (2), Jeffrey Foster (1), Steve Poliseno (1), David Neuburger (1)
Recent activity as company:
• Storage Deluxe sold 302 Dyckman Street, Washington Heights, Manhattan for $17 million to Carlyle Group on November 29, 2024.
• Storage Deluxe sold 74-16 Grand Avenue, Maspeth, Queens for $51 million to Carlyle Group on November 29, 2024.
• Storage Deluxe borrowed $19 million from PNC Bank for 313 Butler Street, Gowanus, Brooklyn on February 21, 2023.
• Steve Poliseno sold 34-37 37th Street, Astoria, Queens for $20 million to Storage Deluxe on August 26, 2021.
• Storage Deluxe borrowed $14.6 million from Wells Fargo for 302 Dyckman Street, Washington Heights, Manhattan on July 06, 2021.
• Magic Novelty Co. sold 302 Dyckman Street, Washington Heights, Manhattan for $15.2 million to UOVO on June 24, 2021.
• Storage Deluxe sold WHITESTONE EXPRESSWAY 31-40 and 31-50 Whitestone Expressway, Queens, Queens for $90 million to CubeSmart on February 01, 2021.
• Storage Deluxe sold 39-25 21st Street, Queens, Queens for $45.5 million to CubeSmart on January 19, 2021.
• Storage Deluxe sold 38-01 47th Avenue, Sunnyside, Queens for $19.1 million to CubeSmart on January 19, 2021.
• Storage Deluxe sold 41-02 Delong Street, Flushing, Queens for $102.4 million to CubeSmart on January 15, 2021.
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)
• CubeSmart pays $175.5M to Storage Deluxe, assumes debt, as part of $540M deal (January 03, 2021)