NEW YORK--(BUSINESS WIRE)--Clipper Realty Inc. (NYSE: CLPR) (the “Company”) is pleased to announce that the City of New York’s Department of Citywide Administrative Services (the “City”) has confirmed that it will continue its commercial lease at the 141 Livingston Street property through expiration at the end of 2025.
David Bistricer, Co-Chairman and Chief Executive Officer, commented: “We are very proud to continue our multi-decade working relationship with the City at our 141 Livingston Street property, and look forward to building on that partnership in the years ahead.”
About Clipper Realty Inc.
Clipper Realty Inc. (NYSE: CLPR) is a self-administered and self-managed real estate company that acquires, owns, manages, operates and repositions multifamily residential and commercial properties in the New York metropolitan area, with a portfolio in Manhattan and Brooklyn. For more information on the Company, please visit www.clipperrealty.com.
Forward-Looking Statements
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