News & Press

Damianos Realty Group LLC Announces Newest Acquisition

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 seller, Spencer Savings SLG of Elmwood Park, NJ, acquired the property through a foreclosure proceeding against RJP Realty Co. Constructed in 1980, the building is located on both sides of the Long Island Expressway between Veterans Memorial Highway and Motor Parkway. It is currently 50% occupied by medical tenants such as HealthSource, Stony Brook University […]

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Damianos Realty Group Gives Back to Smithtown

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 in the community, sponsoring the Chamber of Commerce’s annual “Running of the Bull” race Oct. 2, in memory of Courtney Sipes. “This year’s 5K was absolutely the best one we’ve had in the past five years,” said Barbara Franco, executive director of the Smithtown Chamber of Commerce. “The Damianos team did such a fabulous job.” The relocation was also beneficial for business, according to Damianos. “We […]

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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 service as both an elected official and as a private sector and not-for-profit leader will be of immeasurable help as the County Planning Commission works with me to chart a vision for Suffolk’s future,” said Levy. “Ms. Weir’s extensive experience will be a valuable asset to the Commission’s efforts to revise the Suffolk County Comprehensive Plan and […]

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