DOT inked a 20-year deal for a three-story office and single-story warehouse building at 101 Varick Avenue, at the corner of Johnson Avenue. The agency first started negotiating to occupy the property — which includes a 92,000-square-foot warehouse and 62,000-square-foot outdoor parking lot — with landlord Rabsky Group in 2019 and has occupied it since, as Commercial Observer previously reported. Its initial agreement with the landlord was a license agreement, which the agency is now converting into a long-term lease, according to a DCAS spokesperson.

David Junik and Abraham Lowy of Pinnacle Realty represented the landlord and declined to comment. CBRE’s Jun Park, John Reinertsen and Michael Lee represented the tenant. A CBRE spokesperson didn’t return a request for comment.

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