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It's the latest among a number of large leases handled by Nissani in recent months, who started his career at Murray Hill Properties but left after a few years to start his own commercial brokerage firm, JSN Properties. JPZ, JSN, JLA and JPG expect that a portion of their distributions will represent "qualified dividend income" taxed at a maximum federal income tax rate of 15%, and the balance will represent a combination of long-term and short-term capital gains, and/or a return of capital, which in most cases represents net unrealized gains. Jeffrey Nissani at JSN Properties represented Buddha Bar; |
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