Long Island Business News - June 7, 2022
Real estate developer X. Cristofer Damianos has been appointed to the board of directors of the Suffolk County Industrial Development Agency.
Damianos, who’s appointment was approved by the Suffolk County Legislature Tuesday, fills the vacancy of Anthony Giordano who left the seven-member board in Dec. 2021.
Damianos is a principal of Smithtown-based Damianos Realty Group, a family business founded by his father in 1968. The company owns and manages about 1.2 million square feet of commercial property, mostly office space, all in Suffolk.
A member of the Zoning Board of Appeals for the Village of Nissequogue, Damianos is also a member of the Association for a Better Long Island and a member of the Real Estate Institute at Stony Brook University, College of Business. A founder and former vice chair of Gold Coast Bank, Damianos was also former trustee of the Long Island Power Authority, the St. Charles Hospital and Rehabilitation Center and the Long Island Museum of American Art.
Damianos said he is looking forward to following through on the Suffolk IDA’s mission, which is to promote economic development in the county by helping businesses expand and grow, increase employment opportunities and add to the quality of life for its residents.
“We would want to pass on our portfolio to the next generation in a very economically healthy Suffolk County,” Damianos told LIBN. “That’s one of the prime reasons I’m joining the IDA board.”
Kyle Strober, executive director of the Association for a Better Long Island, said the appointment of Cris Damianos to the Suffolk IDA should send a clear message to Long Island’s business community that Suffolk County is open for business and committed to job growth and our economy.
“Damianos will bring decades of business expertise as well as deft deal-making skills to the IDA board,” Strober said. “As someone who is fully invested in Suffolk County, one can expect Damianos to have both the region’s economy and taxpayer in mind when reviewing applications.”
By David Winzelberg