470 Broome consists of four residential units, 10,500 sf of upper floor commercial space and a large ground floor corner retail component divided into three separate stores. Two of the stores, including the corner store with frontage on Broome and Greene Streets, were vacant at closing. 72-76 Greene also has four residential units plus just under 15,000 sf of upper floor commercial space. The two ground floor stores have 75 feet of Greene Street frontage just south of Spring Street. One of the stores has been leased to an antiques dealer for many years and the other, recently leased to Bagutta, an international luxury clothing and accessories retailer.

According to Brian Ezratty, a principal at Eastern who handled all of the transactions, "The Witkoff team is a cohesive group of real estate professionals that have, under Steve's (Witkoff''s)leadership, placed the company among the top property owners, managers and developers in the city. Scott Alper was instrumental in getting all of the Soho deals across the finish line."

In December 2002, Eastern sold two other SoHo properties at 23-25 and 32-34 Greene St. to a local investor. These were among the transactions to be completed by Eastern for the Witkoff Group over the past several years, which have also included 370 Lexington Ave., 590 Fifth Ave., 25 West 43rd St., 80 & 90 Maiden Lane and 156 William St., among others. The seller was represented by Wayne Lopkin, Esq. and the buyers were represented by Lonnie Shalton, Esq. and Lisa Haines, Esq. of Polsinelli, Shalton & Welte.

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