Post Focus On Commercial Real Estate: Park Ave. Building on Block

The most expensive deal in NoLita was just completed for a mere 400 square foot store. Longtime UK celebrity art dealer, the Rebecca Hossack Art Gallery, will be forking over $400 a square foot for the petite shop at 262 Mott Street. Hossack, an Australian native, will be showcasing both her imported aboriginal works and slate of other artists. "The whole street is becoming more SoHo like," said Faith Consolo, chairman of Prudential Douglas Elliman's retail group, who represented the ownership along with colleague Joseph Aquino.