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Dov Hertz Sells Staten Island Industrial Giant | Real Estate News
Dov Hertz just cashed out big time, selling a massive 53-acre Staten Island industrial storage site for $167 million — the largest such deal ever in NYC. He originally bought it for $79M and added $10M in upgrades, but never built the planned warehouse. The property, already fully leased to City Asphalt and IAA, boasts waterfront access, a railroad yard, and highway proximity — plus a storied past tied to the Vanderbilt family. Jadian Capital, a rising industrial storage specialist expanding across the Northeast, scooped it up with fresh financing. Hertz’s pattern? Selling prime assets before…
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