Press Releases

Long Island – Professional Profiles

May 13, 2014 • Press Releases

Cara Cronin Attorney Cronin & Cronin Law Firm, PLLC Name: Cara Cronin Title: Attorney Company: Cronin & Cronin Law Firm, PLLC Location: Mineola, N.Y. Birthplace: Manhasset, N.Y. Education: Washington & Lee University, B.A./Maurice A. Dean School of Law, J.D. First job outside of real estate: My first job out of college was assistant to the […]

Ray Kelly joins board of Long Island’s Museum of American Armor

April 17, 2014 • Press Releases

Former New York City Police Commissioner Ray Kelly, a Marine Corps veteran, is joining the board of the Museum of American Armor. The museum, previously located at the American Airpower Museum at Republic Airport in East Farmingdale, is building its own 25,000-square-foot facility at Old Bethpage Village Restoration. The new museum is scheduled to open, […]

Anywhere But Here

January 13, 2012 • Press Releases

Polimeni: Building a ‘Bridgegate’ to LI

January 21, 2014 • Press Releases

Tumultuous times triggered by the George Washington Bridge scandal may in fact be a positive and historic opportunity for the Port Authority of New York & New Jersey – and for Long Island. Lost amidst the Fort Lee fallout, with its headhunting and political body counts, is the solid but unrecognized success the Port Authority […]

Construction to start on Old Bethpage Village armor museum

September 29, 2013 • Press Releases

Photo credit: Museum of American Armor | Visitors look at some of the historical tanks at the Museum of American Armor in Old Bethpage Restoration. Construction is scheduled to begin Monday on the Museum of American Armor on the grounds of Old Bethpage Village Restoration. The $2.5 million project has received another boost with a […]

Polimeni: Grumman not the only polluter

November 27, 2013 • Press Releases

On the surface, it appears to be a no-brainer. The Bethpage Water District has announced it’s suing Northrop Grumman for water contamination allegedly caused by decades of aviation and aerospace manufacturing at the Grumman complex in Bethpage. One might think it’s a legal slam dunk – but like anything else on Long Island, the issue […]

Polimeni: Red card the Cosmos stadium

July 12, 2013 • Press Releases

Judging from its own statistics and attendance numbers, the North American Soccer League offers irrefutable proof that there is no plausible business model that could make a $400 million super soccer stadium at Belmont Park even remotely profitable for those who own the property, namely, the taxpayers. Unless there are stealth elements to this plan […]

Polimeni: Essential job creation

June 21, 2013 • Press Releases

The business of business continues to shift on Long Island and the trend lines show more jobs but at lower salaries. In a high-cost region like ours, that is unsustainable. Northrop Grumman’s springtime decision to relocate more than 800 jobs from Bethpage to Florida for work on early-warning Hawkeye aircraft reveals Long Island’s systemic issues […]

Rep. Tim Bishop: Political will, money key obstacles to high-speed rail

May 24, 2013 • Press Releases

A federal lawmaker said Friday that the biggest obstacle in the way of a high-speed rail tunnel or bridge off of Long Island Sound is finding political funding and support to get it done. Rep. Tim Bishop (D-Southampton) spoke about several transportation issues facing Nassau and Suffolk at a Melville event hosted by Action Long […]

Polimeni: Grumman wake-up call

March 8, 2013 • Press Releases

What does Northrop Grumman’s decision to move 850 jobs off Long Island actually mean? Our region hasn’t actually built an aircraft since Grumman closed the doors at the Navy’s sprawling Calverton facility, following its acquisition by Northrop in 1994. Yet the enormous reservoir of intellectual talent on Long Island kept much of the company’s engineering […]

Polimeni: Long Island MacArthur Airport needs a new owner

February 26, 2013 • Press Releases

It’s time Long Island MacArthur Airport changed hands. Give credit to repeated Islip Town administrations for seeking to make it attractive to airlines. Still, the airport has not realized its potential to fill its gates with waiting airliners because it’s owned by a municipality with virtually no power to negotiate with airlines as an equal […]

Connections key in real estate

February 20, 2013 • Press Releases

Joe Lopresti began working in the commercial real estate industry a little more than a decade ago. Now a vice president at the brokerage firm Jones Lang LaSalle in Melville, Lopresti got his start and worked his way up without benefit of family connections – an unusual feat in an industry dominated by regional families […]

LI firms wait on Fiscal Cliff II

February 8, 2013 • Press Releases

The U.S. economy unexpectedly dipped into the red in the fourth quarter of 2012, as the defense department, with Fiscal Cliff II looming, cut spending by 22 percent. Without a new budget deal, the federal government once again faces $1.2 trillion in automatic spending cuts. With half of that ticketed for defense, the Pentagon last […]

Letters: Port Authority change is needed

February 3, 2013 • Press Releases

In proposing a series of sweeping changes at the Port Authority, former executive director Peter Goldmark has neglected several points [“This economic engine can rev up our region,” Opinion, Feb. 2]. While New Jersey’s “Bridgegate” scandal compels reforms, the Port Authority has been the only government agency capable of tackling regional infrastructure projects. Completing 1 […]

Polimeni: Looking skyward

December 21, 2012 • Press Releases

Among the various lessons learned from Superstorm Sandy is that aviation is still a very big deal on Long Island. Some 70 years ago, a local map would show more than a dozen airports. Today, a regional airport is more about amenities than aviation; but, every once in a while, we are reminded of what […]

Sale may revive Taubman Mall

December 14, 2012 • Press Releases

The Town of Oyster Bay is planning to sell a plot of landlocked property in a deal real estate executives say may pave the way for a long-proposed mall at the site of a former Cerro Wire factory. The 15-acre town property, a former landfill and now part of a Public Works Department yard, lies […]

Letters: New life for the Coliseum

December 6, 2012 • Press Releases

The underlying importance of the Hub development, where Nassau County is asking the private sector to define what happens next, reflects the desire to allow business to do what it does best: Create value by leveraging the forces of the free market [“A possible path for Coliseum,” Editorial, Dec. 3]. Prior efforts to build a […]

Polimeni: Mr. Cheney, tell us why you wounded Grumman

October 16, 2012 • Press Releases

At long last, former Vice President Dick Cheney is returning to the scene of the crime: Long Island. Cheney is speaking to the Long Island Association business group Thursday just a few miles from where thousands lost their jobs when he killed two legendary Grumman Corp. aircraft, the F-14 Tomcat and the A-6 Intruder, during […]

Developers debate Source mall

September 14, 2012 • Press Releases

For Long Island shopping center magnate Wilbur Breslin, the Westbury property known as The Mall at the Source is the one that got away … at least so far. Returned to its lenders at a foreclosure auction last month, the failing retail center had been in special servicing limbo for a few years, as no […]

Sewer plan has usage-based fee, surcharge

July 3, 2012 • Press Releases

Nassau County residents and businesses for the first time would pay for sewer service based in part on how much water they use, instead of solely on property values, under a plan by county officials. Property owners also could be subject to a “surcharge” for unexpected capital expenditures if a $750 million proposal to privatize […]

Frustrated developers flee LI

January 13, 2012 • Press Releases

The grass really is greener on the other side of the street. That’s what Long Island developers are saying about current building opportunities off the Island, where other places have put out a welcome mat instead of giving their projects the cold shoulder. Whether it’s long waits for approvals, expensive fees, NIMBYs or ever-changing public-benefit […]

Polimeni: Empty protest

November 18, 2011 • Press Releases

Walk by any “Occupy …” rally and the messages are as varied as the protesters. One sign was about kicking Israel out of Palestine. Another made reference to the Glass Steagall Act, arcane legislation only the banking lobbyists understand. Then there are the protesters who are nothing more than a free hot lunch and getting […]

Polimeni: Tunnel to nowhere

June 10, 2011 • Press Releases

At the foot of the Washington Mall is a permanent tribute to America’s precarious commitment to finishing the job. A third of the way up the Washington Monument obelisk, the color of the stone work clearly changes, dramatic evidence that our nation began the job of honoring our nation’s first president only to stop for […]

Garden City demands kill condos

June 25, 2010 • Press Releases

Already approved by the Village of Mineola, a proposed 285-unit condominium project will likely be turned into rental apartments to prevent a neighboring village from ordering changes to the development. The nine-story condo building pitched by Polimeni International was thought to be a done deal last year when Mineola Mayor Jack Martins and the village […]

Rethinking Main Street

March 19, 2010 • Press Releases

For some Long Island downtowns, there’s no place to go but up. At least that’s the thinking behind some of the most successful of the Island’s emerging community centers, where commercial developments are getting taller. Height is hot with planners these days, especially those designing areas surrounding mass transit stations. The need to put people […]

Tunnel plan plows ahead

December 19, 2008 • Press Releases

Polimeni International’s proposal to build a 16-mile tunnel under Long Island Sound received a big endorsement from Gov. David Paterson last week. Speaking before the Association for a Better Long Island, Paterson said that projects like this are what made the New York such a major metropolis. “It’s not a matter of if, it’s a […]

Ones to Watch

July 18, 2008 • Press Releases

Joseph F. Buzzell Partner Rivkin Radler Buzzell works in this Uniondale-based firm’s real estate, zoning and land-use practice group. He helps individual landowners, residential and commercial developers, and national corporations navigate their way through rezonings, variances, site plans, subdivisions, special permits and other land-use matters across Long Island. He is a former assistant town attorney […]

LIREG gambles with developers

June 5, 2008 • Press Releases

Presentations of current Long Island development projects were on display Wednesday at a showcase and Las Vegas night sponsored by the Long Island Real Estate Group. Attendees from throughout the Island’s real estate universe strolled through the makeshift casino at the Tam-O-Shanter Country Club in Glen Head, as representatives from Riverhead Resorts, Engel Burman Group, […]

Tube sights on Spitzer

February 29, 2008 • Press Releases

Boring? Yes, but only at 155 feet underground. Jokes aside, the tunnel to connect Long Island with Westchester County proposed by Polimeni International actually seems like a pretty sound idea. (I didn’t say puns aside.) The $10 billion mega-project came into focus during Michael Polimeni’s tunnel talk with members of the Long Island MidSuffolk Business […]

Real Deals

February 22, 2008 • Press Releases

Polimeni’s condo complex passes muster in Mineola Mineola Mayor Jack Martins and the village board voted 5-0 last week to approve the nine-story condominium development that Polimeni International planned for Old Country Road. The vote received a standing ovation from those in attendance at the Village Hall meeting. Headquartered in Garden City, retail specialist Polimeni […]

Coming soon to Oyster Bay: The NUMBY movement

February 1, 2008 • Press Releases

It’s February and legacy hangs heavy in the air. On the election front, Hillary Clinton is campaigning hard on her husband’s record. In Washington, President Bush is finally ready for peace with the Palestinians. And on Long Island, Vince Polimeni wants to build a tunnel to Connecticut. You may know Polimeni. Over the past 30 […]

Building blocks cleared in Garden City

May 26, 2006 • Press Releases

GARDEN CITY – Eight years after he first pitched a multi-story office building – the area’s first new speculative construction in years – adjacent to bustling Roosevelt Field mall, developer Vince Polimeni has been given the green light. “After nightmares of going back and back and forth and endless meetings and presentations and on and […]