Owner looks to flip Staten Island retail center for almost $60M

The $41 million sale of Staten Island’s South Shore Commons was one of the largest deals in the borough’s history. And less than a year later, the owner wants to flip the property for nearly $20 million more. The father-and-son team of Murray and Dave Berman purchased South Shore Commons in May from Guido Passarelli & Son, and they are now listing the site for $59.75 million, according to Staten Island brokerage Casandra Properties. The […]

source https://therealdeal.com/2019/04/02/owner-looks-to-flip-staten-island-retail-center-for-almost-60m/