Manny Malekan Makes Manhattan Return Buying Five Buildings

Real estate investor Manny Malekan is in contract to purchase five buildings being sold by the Gindi family, owners of the popular Century 21 department store chain, who are in the process of selling off a portfolio of New York City real estate assets.

Mr. Malekan will acquire 20 John Street, 8-10 Liberty Street, 20 Beaver Street, and both 53 and 122 Nassau Street for an undisclosed sum. All of the properties are located in Lower Manhattan and have ground floor retail space and rental apartments above.
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Manny Malekan Makes Manhattan Return Buying Five Buildings