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 said. “Be conservative. On the selling side, don’t sell right now unless you have to.”
Damianos earned a masters degree in business adminstration from Adelphi University and a bachelor’s degree in economics/political science from Tulane University. He is a member of the Association for a Better Long Island; a trustee, appointed by the governor, of the Long Island Power Authority; a trustee and vice chairman of the board of the Long Island Museum of American Act, History & Carriages; a governor and treasurer of St. George’s Golf & C.C.; an organizer and director of Gold Coast Bank; and a former trustee of St. Charles Hospital.
Damianos was recently named Man of the Year by Brookhaven Memorial Hospital and is the 2007 recipient of the ABLI Developer of the Year Award.
Founded in 1968, Damianos Realty Group is a family owned and operated commercial real estate company. Datnianos Realty Group owns and operates 21 properties and has become one of the largest developers/owners of commercial real estate in the region.
Damianos Realty Group has developed, managed and owned more than 1 million square feet of all types of commercial space including nursing & adult homes, garden apartments, office buildings, shopping centers, industrial building, medical complexes and warehouses. The company has created successful development projects in Babylon, Centereach, Center Moriches, Smithtown, St. James, Lake Grove, Setauket, Patchogue, Port Jefferson Station, Stony Brook and Westbury. Damianos Realty Group specializes in corporate, professional and medical office tenants.
Original article published by the Long Island Business News, May 22, 2009