Kalmon DolginFrom the February issue: For four generations, the Dolgin family has run Kalmon Dolgin Affiliates, a commercial brokerage and property owner founded in 1904. The Brooklyn-based company, which specializes in industrial properties, owns and manages “several million square feet of space” in the New York City area and across the country, according to copresident Kalmon “Kal” Dolgin, 69. “We are old-fashioned investors,” said Dolgin, who is named after his grandfather. “We buy and we hold.” Dolgin, who joined the family business as a broker in his twenties, now runs the company with his brother, copresident Neil Dolgin. Their office is at 101 Richardson Street, a modest single-story warehouse the company owns in Williamsburg. (See the graphic after the jump.)
Posts Tagged ‘Kalmon Dolgin’
A Park Slope development site approved for 106 residential units and on-site parking has been sold for $10.7 million, Brownstoner reported. The buyer is the Naftali Group, The Real Deal has learned (note: correction appended).
The lot is 10,801 square feet at the corner of Fourth Avenue and 6th Street and is approved for a building of approximately 10 times that square footage with 43 parking spots. It is slated for 78,883 square feet of residential space, 3,592 commercial square feet, a 639-square-foot community facility and comes with a 15-year tax abatement, according to the listing by James Dario of Kalmon Dolgin Affiliates, which asked $14 million. [more]
A 42,000 square-foot industrial property at 120-65 168th Street in Jamaica, Queens has been sold to Oh! Nuts Candy, which plans to use the space as a chocolate processing facility, for $2.9 million, sources told The Real Deal.
The company, which sells chocolates, nuts, and gift baskets, will use the plot for their main distribution center. Oh! Nuts, which is in the process of expanding in New York City, was interested in the property because it had available space for the chocolate facility, but is also partially occupied by the U.S. Postal Service, and so will produce income while Oh! Nuts continues to grow its business, before eventually expanding into the whole space when the post service’s lease ends in 2016. [more]