Ocean Management Acquires Perrotti Westville Properties

April 19, 2019, by Thomas Breen- "A large local real estate company is the new landlord of a half-dozen commercial buildings and vacant parking lots at the heart of Westville, including the former home of the long-shuttered 500 Blake Street Cafe. According to city land records, on March 25, Paula Perrotti and David Perrotti transferred ownership of 500 Blake St., 881 Whalley Ave., 883 Whalley Ave., 476 Blake St., 12-14 Tour Ave., 20 Tour Ave., 24 Tour Ave., and one-half-interest of 16 Tour Ave. to two holding companyies owned by Ocean Management’s Shmuel Aizenberg. On April 4, Ocean’s holding companies took out a $3 million mortgage for the eight newly acquired Westville properties. The Perrottis, who live in Pelham, N.Y. and Clinton respectively, are the executors of the estate of their father Frank Perrotti, Jr., who previously owned the properties and who passed away in December 2016. Paula Perrotti declined to comment on the recent property transfer..." Click HERE to comment and read full article.

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