Barone Management’s Scott Barone Acquires Three Bronx Leaseholds

Lee & Associates NYC represented the fee owner and procured a leaseholder for three properties in the Bronx. Located at 629 Courtlandt Ave., 1680 Southern Blvd. and 4035 White Plains Rd., they were built in the early 1970s and total more than 66,000 square feet, with 74,000 square feet of combined air rights for community facility use.  Ben Tapper, director of Lee NYC’s National Investment Services Group, was the sole broker. The new leaseholder is Scott Barone, founder of Barone Management. The Gargiulo family owns all three buildings.  “These buildings have been owned by the ...

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How Lessons Learned In The Great Recession Are Helping One CRE Firm Grow During The Pandemic.

The pandemic, with its government-mandated closures, supply chain disruptions and other challenges, forced many companies to pivot hard to stay in business. For many business leaders, it was their first experience operating during a global crisis.  Others, however, could apply lessons learned during previous disruptions to not only help them navigate through the unpredictability of the pandemic, but to expand and seek new investors during uncertain times. Barone Management benefits from an organizational structure characterized by vertical integration, a shift that the company made during ...

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John Silviano featured in The Top 100 People in Real Estate Magazine

John Silviano’s career in real estate unexpectedly evolved out of a high school job working in a jewelry store located in his hometown of Whitestone, Queens, owned by a man named Frank Barone. During that time, John befriended Frank’s son, Scott, and after working under his tutelage for four years, joined Scott as principal and partner of his namesake firm, Barone Management, which was previously founded in 1999. Today, John still serves in that role, leading the New York City-based construction and development firm in major projects throughout the five boroughs. Having established a repu...

Bisnow/Miriam Hall View's Brian Klanksy, GFP Real Estate's Tom Ortinau and Silverstein Properties' Brian Collins speak at Bisnow's Queens event Oct. 27, 2021

Queens Real Estate Leaders Pin Hopes On CRE-Friendly Adams Administration

Property sales prices have come roaring back, apartments are filling up again and investors are looking for assets across Queens, but real estate power players in the borough home to more than 2.4 million people say government policies are still stymieing development. “A lot of our zoning laws are just outdated,” First Pioneer Properties President Suresh Sani said at Bisnow's Queens and Long Island City event Wednesday. “There is industrial business in Queens, but not as much as that the city is trying to preserve … Those people are moving to Mexico, Illinois and Ohio to do thei...

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Woodworks selected for 2021 building recognition awards by the Queen’s Chamber of Commerce.

The Queens Chamber of Commerce has announced the 29 outstanding construction projects that will be honored at its 2021 Building Recognition Awards October 27th, 2021. The Queens Chamber of Commerce has hosted a Building Awards ceremony since 1926. For over 90 years, business and community leaders have gathered to honor buildings and projects that have contributed to the architectural betterment of Queens and keep the borough vibrant, sustainable and livable. We are proud to announce that we have been selected as a top construction project by the Chamber of Commerce. ...

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