Real estate developer SJM Partners Inc. has filed plans to build a six-story self-storage facility on the Upper East Side of New York City. If approved, the building on East 92nd Street would be 85 feet tall and comprise 44,432 square feet of floor space, with 35,790 square feet zoned for commercial use, according to the source. All levels will be entirely dedicated to self-storage except the first floor, which will also include a loading dock, lobby, offices and two parking spaces.

December 14, 2016

1 Min Read
SJM Partners Files Application for 6-Story Self-Storage Facility in NYC's Upper East Side

Real estate developer SJM Partners Inc. has filed plans to build a six-story self-storage facility on the Upper East Side of New York City. If approved, the building on East 92nd Street would be 85 feet tall and comprise 44,432 square feet of floor space, with 35,790 square feet zoned for commercial use, according to the source. All levels will be entirely dedicated to self-storage except the first floor, which will also include a loading dock, lobby, offices and two parking spaces.

A two-story parking garage operated by Farrell’s Leasing Co. and Farrell’s Limousine Service currently stands at the site, which is between 1st and York Avenues. Plans to demolish the structure haven’t been filed with the city, the source reported. Stephen McBride, managing principal at SJM, is listed as the property owner.

McBride and SJM President Stephen J. Garchik are partners in the Miami City Self Storage LLC joint venture, which has been actively pursuing developments in South Florida and other select “high-growth” cities, according to the company website.

Based in Reston, Va., SJM has more than 35 years of experience in real estate development including construction, design, leasing and management. It has ownership in 41 properties primarily in Florida, Maryland, New Jersey, New York, Virginia and Washington, D.C., according to its website. The company lists storage operators American Stor-All Storage and Self Storage Zone as affiliated real estate partners.

Sources:

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