ISLANDIA, NY-Damianos Realty Group LLC, one of the largest property owners on Long Island, has purchased 3001 Expressway Drive North, a 40,000-square-foot office building in Islandia for $3.85 million, or $96 dollars per square foot, the company announced. The all-cash transaction marks the family’s newest Suffolk County asset in its 22-building Long Island-based portfolio. The [...]
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Suffolk Executive Levy Fills Two Posts on Planning Commission
Hauppauge , NY – Suffolk Executive Steve Levy announced the appointments of Diana Weir of Wainscott and John Finn of Smithtown to the Suffolk County Planning Commission. Weir, representing the Town of East Hampton, and Finn, representing the Town of Smithtown, will each serve two-year terms on the commission. “Diana Weir’s strong record of public [...]
Damianos Realty Group Gives Back to Smithtown
By Dana Klosner-Wehner | Email the author | October 19, 2010 John Damianos, one of the principal owners in a family-owned group of real estate owners and developers, has been in the commercial real estate business for 30 years. Damianos Realty LLC relocated its offices to Smithtown since it began and has since immersed itself [...]
A New Tree Grows in SB
“The tradition continues,” said Gloria Rocchio of the Ward Melville Heritage Organization in Stony Brook. She spoke Monday of the recently planted Norway spruce on the Stony Brook Village green. The original Norway spruce, approximately 100 years old and 48 feet tall, had served as the village’s Christmas tree for over 50 years. Stony Brook [...]
Damianos Realty Group LLC Welcomes the Newest Member of Our Organization
John J. Damianos is the most recent member of Damianos Realty Group LLC, officially joining the organization in the fall of 2009. John majored in Graphic Design at the Art Institute of New York City. While there he worked with SuperHumanMag.com to cover the X Games 2009 in Aspen and the U. S. Open Snowboarding [...]
“Once In A Century,” Alumna Left Her Mark on SUNY Plattsburgh
Virginia “Jinny” Lee Sturrock Damianos ’50 may have passed away In November 2009, but if she were here today, she would likely tell you that SUNY Plattsburgh had an enormous impact on her life. After all, this is where she studied nursing and where the late Dr. Edward Redcay introduced her to the late Dr. [...]
The banking crisis presents new opportunities for developers
It might be time to break up with your bank. That is one lesson developers are learning from this recession. But that does not mean deals cannot get done. Think of this crisis as an opportunity to develop a better banking relationship. Megabanks have been hit hard by the real estate meltdown. Some still have [...]
Who’s Who in Commercial Real Estate, Cristofer Damianos
Cristofer Damianos is a principal in Damianos Realty Group LLC, a commercial real estate development company in Smithtown that specializes in the development, management and acquisition of office, retail and industrial properties throughout LI. Buying and selling property in today’s economic climate should remain pure and simple, Damianos said. “When buying — be cautious,” he [...]
40 Under 40 Award for John J. Finn
Since 1998, Long Island Business News has taken nominations for outstanding members of the business community on Long Island who are under the age of 40. The event has grown from a gathering of 60 people introducing themselves in a small restaurant to more than 700 at the Island’s largest catering hall. Awardees in this [...]
A New Look in Town
SMITHTOWN- Over the summer months, we watched the major renovations being completed at 180 East Main Street. While wailing for a light at anyone of the four comers of town, we glanced over at the daily progress and thought, what could possibly be done to improve the look of this stately, handsome property? Recently I [...]