Steven Novenstein
(Steven A. Novenstein)
Storage Deluxe
Owner
Storage Deluxe portfolio
$22.3 million* – industrial 73%, P6 14%; Brooklyn 77%, Queens 22%
1633th largest portfolio by dollar value
304,831 sqft – industrial 79%, P6 17%;
889th largest by SF
5 properties – Brooklyn 60%, Queens 40%
1534th largest
Person Activity past 24 months:
Seller signatory: 2 for $68 million
Borrower signatory: 1 for $19 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)