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55 Paradise Lane

55 Paradise Lane

Rockefeller Group has completed a new 172,622-square-foot, Class-A distribution building at 55 Paradise Lane in Bay Shore, Long Island. Recognizing the importance of Long Island as a key industrial market, this project provides much-needed quality distribution space to support the region's evolving logistics landscape and increasing demand for last-mile facilities. Together with adjacent buildings on the site, Rockefeller Group Logistics Park in Bay Shore is one of the premier industrial developments on Long Island's South Shore. 

 

Speakers and Panels

Opening Remarks with The Rockefeller Group

Rockefeller Group's Industrial Outlook

Mark Shearer

Mark Shearer

Senior MD

Rockefeller Group

Mark Shearer

Senior MD

Rockefeller Group

Mark Shearer is Senior Managing Director for Rockefeller Group. Mr. Shearer, a 30-year veteran of the commercial real estate industry, is based in Rockefeller Group’s Morristown, NJ office and leads all New Jersey and Pennsylvania development operations for the company.

Prior to joining Rockefeller Group in 2018, Mr. Shearer worked for Prologis, where he was Senior Vice President, Market Officer for New York/New Jersey. While at Prologis, he oversaw more than 34 million square feet of industrial properties and developed 1.8 million square feet of build-to-suit and speculative industrial space. Prior to his work in the New York/New Jersey region, Mr. Shearer held the same position at Prologis in the Mid-Atlantic region, managing a 15-million-square-foot industrial portfolio in Maryland, North and South Carolina, and Virginia.

Before Prologis, Mr. Shearer worked for AMB Property Corporation as Vice President, operating an 8-million-square-foot industrial portfolio in Maryland, Pennsylvania and Virginia and for NAI/KLNB Management as Vice President, where he managed an 18-million-square-foot portfolio of retail, office and industrial assets for institutional clients and high-net-worth individuals. He has also worked for Mid-Atlantic-based companies Manekin LLC, Corporate Office Properties Trust and KLNB Management Services.

Mr. Shearer is a NAIOP New Jersey Chapter Trustee. He holds a bachelor’s degree in finance from Salisbury State University in Salisbury, Md.

Identifying Development Clusters & Strategies for Successful Municipality Relationships

Top Towns, Partnerships & Successful IDA Models

Christopher Albanese

Christopher Albanese

President

The Albanese Organization

Gwen O'Shea

Gwen O'Shea

President & CEO

Community Development Corporation of Long Island

Christine Linsalato

Christine Linsalato

Vice President of Development

Heatherwood

Angel Cepeda

Angel Cepeda

Community and Economic Development Director

Town of Huntington

Patricia Bourne

Patricia Bourne

Director of Economic Development

City of Long Beach

Michael Webb
Moderator

Michael Webb

Partner

Farrell Fritz

Gwen O'Shea

President & CEO

Community Development Corporation of Long Island

Gwen O’Shea is the President & CEO of the Community Development Corporation of Long Island. She oversees the 51-year-old regional non-profit with three non-profit affiliates and numerous for-profit subsidiaries, over $31 million in assets, an annual budget of $35 million and a staff of 87. CDCLI strives to strengthen homes, communities and individuals.

CDCLI serves over 20,000 individuals annually through a variety of business lines: Rental Assistance, Resident Services, The Home Ownership Center, Home Improvement and Optimization and Real Estate Development. CDCLI’s Community Development Finance Institution (CDFI) provides critical capital to under financed communities; supporting multi-family developments, homeowners and individuals. Currently, over $10 million is deployed in loan funds.

CDCLI is a co-venture partner in fifteen multifamily tax credit complexes representing over 2000 apartments, with an additional 278 in pre-development. CDCLI has developed 235 single family affordable for sale subdivisions and currently managed 47 single-family scattered site rental properties.

As a chartered member of NeighborWorks®(a congressionally chartered nonprofit organization that supports community development), CDCLI is recognized as an “exemplary organization,” meeting a high standard of fiscal integrity and service performance to assist local residents in achieving their dreams.

Prior to joining CDCLI in March 2017, Gwen served as the President & CEO of HWCLI for 10 years. She was the first female executive of the umbrella organization that advocates for the rights of those most vulnerable and at-risk.

From 2006-2012, Gwen was an Adjunct Professor at LIU for the Graduate Programs of Social Work & Health Care & Public Administration.

Gwen serves as a member of the Federal Home Loan Bank of New York’s Housing Advisory Council, is an Executive Member of the New York State Neighborworks Alliance and is a Board Member of the Long Island Federally Qualified Health Centers.

Gwen received her MS from the Milano School of International Affairs, Management & Urban

Michael Webb

Moderator

Farrell Fritz

Michael Webb is a real estate lawyer representing clients in a broad array of commercial transactions, including acquisitions, dispositions, 1031 exchanges, financings, economic development, and contract and lease negotiations.

In his real estate finance transactional practice, Michael represents lenders and borrowers in financings and commercial transactions using real estate as collateral, and counsels commercial banks, non-bank financing companies, and other financial groups entering into financing arrangements. Michael handles mergers and acquisitions, private equity and joint ventures, and taxable and tax-exempt financing arrangements, advising banks, corporate borrowers, business and property owners, not-for-profit organizations, and general corporate clients in both straightforward and complex property transactions.

In his economic development practice, Michael works with business owners, real estate developers, and other clients to obtain economic and tax incentives from local industrial development agencies and economic development corporations.

Michael’s practice encompasses all stages of the deal cycle – including structuring, negotiating, and documenting commercial real estate and finance transactions, as well as diligence review of commercial leases, commercial real estate titles, and surveys.

Prior to joining Farrell Fritz, Michael practiced real estate law in the Long Island regional offices of an AmLaw 100 law firm.

Industrial Development, Leasing & Building to Meet Consumer Trends

Supply, Demand & Market Dynamics Impacting the Island's Industrial Sector

Joseph Farkas

Joseph Farkas

CEO

Metropolitan Realty Associates

Daniel Vitale

Daniel Vitale

Sr. Development Manager, Facilities

Rivian

Phillip Golub

Phillip Golub

VP

Rockefeller Group

Tom DeLuca

Tom DeLuca

Managing Director

Cushman & Wakefield

Jason Hart

Jason Hart

Executive Vice President

Premier Design + Build Group

Steven Bianco
Moderator

Steven Bianco

Managing Director

Citrin Cooperman

Joseph Farkas

CEO

Metropolitan Realty Associates

Joe Farkas is CEO and Founder of MRA, a privately held institutional value investor and development company focused on office, retail and industrial properties in the NY Metropolitan area.

Jason Hart

Executive Vice President

Premier Design + Build Group

Jason Hart, Executive Vice President, leads the Eastern Region for PREMIER Design + Build Group. He plays a key role in expanding and successfully operating PREMIER’s presence from Maine to Florida, and works closely with clients, staff, trade partners, and design firms from project conception to completion. With more than 20 years within the AEC industry, along with a JD and MBA, Jason brings his unique skillsets and leadership style to delivery of service. His contributions to the industry have earned national recognition, including honors from Engineering News-Record and Building Design+Construction.

Steven Bianco

Moderator

Citrin Cooperman

Steven Bianco is a managing director in Citrin Cooperman’s Audit and Attest Practice with more than 10 years of professional experience in public accounting. Steve provides accounting, auditing, and tax services to real estate owners, operators, investors, and developers, as well as re al estate investment trusts (REITs), that are involved in a broad mix of properties, including commercial, residential, retail, and properties under development. He also advises hotels and other hospitality organizations.

Steve has extensive experience with preparing and reviewing generally accepted accounting principles (GAAP), income tax basis, and special purpose financial statements, reviewing partnership and corporate tax returns, and performing real estate tax certiorari and operating expense escalation audits. In addition, he develops tax projections for potential sales and purchases, including like-kind exchanges, as well as determining the tax implications of various types of debt restructurings. Steve’s experience also includes analyzing new construction developments and reviewing client operations and internal controls to isolate areas of risk and recommending ways to strengthen internal controls. Steve also reviews and analyzes financing agreements, loan covenants, leases, and partnership agreements, including complex distributions waterfalls.

Multifamily Market Dynamics & Developing Best in Class Assets to Meet Renter Demand

Addressing Housing Needs with Top Multifamily Projects

Kelley Coughlan-Heck

Kelley Coughlan-Heck

Executive Vice President, Development

Tritec

Benjamin Hatz

Benjamin Hatz

COO

B2K Development

Joseph Rossi

Joseph Rossi

Founder & Managing Partner

Nord Development

Mark DeLillo

Mark DeLillo

Co-Founder and Managing Partner

BlueGate Partners

Al Amato
Moderator

Al Amato

Founder and Managing Partner

Amato Law Group

Mark DeLillo

Co-Founder and Managing Partner

BlueGate Partners

Mark DeLillo has 24 years of institutional real estate finance experience, and has

contributed to the successful completion of more than $20 billion in real estate

assignments.

Mr. DeLillo heads BlueGate’s Multifamily Capital Markets team, focusing on raising

capital, joint-venture structuring, financing and sales of institutional-quality residential

buildings. Having executed more than 125 assignments in New Jersey, including 50

assignments in Jersey City and Hoboken, Mark is one of the foremost experts on NJ

Gold Coast multifamily investments. He also sits on the investment committee of

Atlantic Creek Real Estate Partners, a Palm Beached based private equity real estate

fund that invests nationally in the small to middle-market multifamily development and

value-add space.

Prior to co-founding BlueGate Partners, Mr. DeLillo was a Managing Director & Partner

of DTZ Rockwood, an international property advisory firm. At DTZ Rockwood, Mr.

DeLillo led the firm’s multifamily group and was responsible for successfully executing in

excess of $6.5 billion of multifamily joint-venture equity, financing, investment sales and

advisory assignments and $1.5 billion of residential land transactions. Preceding his

accomplished career at DTZ Rockwood, Mr. DeLillo worked at Prudential Asset

Management Group, in both its private fixed income and real estate investment

divisions.

Al Amato

Moderator

Amato Law Group

Alfred L. Amato is the founder and managing partner of Amato Law Group, PLLC, which was established in 1995. Today, the firm is one of the largest real estate and land use firms on Long Island. With a sophisticated real estate practice cultivated over 27 years, Amato Law Group, PLLC strategically focuses on commercial real estate development and transactions, land use and zoning, litigation, telecommunications and renewable energy. The firm represents some of the nation’s largest commercial, industrial and multi-family developers, telecommunication companies, health care and assisted living providers, retailers, and public agencies, along with international energy companies and regional developers and businesses. The firm’s clients depend upon Al’s comprehensive experience to successfully navigate the challenging and complex Long Island development environment. Mr. Amato is admitted to the New York State Bar, the New Jersey State Bar, the United States District Court Eastern District of New York and the United States District Court Southern District of New York. He is a member of the American Bar Association, the New York State Bar Association, the Nassau and Suffolk County Bar Associations, the New Jersey Bar Association and the New York State Wireless Association. Al serves on the boards of the U.S. Green Building Council and the Atlantic Marine Conservation Society.

What to Expect at the Long Island State of the Market Event

Property Tours: 

The Rockefeller Group and Cushman & Wakefield will be giving property tours of 55 Paradise Lane. Please reach out to chris.picher@bisnow.com with any inquiries. 

What You'll Learn:

  • Gain expert insights into how Long Island commercial real estate developers are prioritizing top-performing asset classes like industrial, multifamily, and mixed-use developments in 2025.

  • Demand is up across most parts of Long Island but supply is lagging behind at times. Understand how to overcome objections with approvals and community pushback.

  • Hear how office owners are looking to prioritize capital improvement projects to generate leasing activity.

  • Industrial continues to receive great demand. What are the longterm development capabilities in this sector on Long Island?

  • Closer look at multifamily demand in long island and where developers are targeting these communities relative to the single-family housing market.

How you'll do more business:

Enhance your business at this Long Island commercial real estate event by understanding the investment and developer appetite on Long Island and see which players are prioritizing this market over other booming development clusters around New York City. Hear from the top developers, investors and brokers on multifamily, industrial and mixed-use projects. 

Who attends:

Investors, owners, developers, lenders, tenants, brokers, architects, contractors, engineers, property managers and you!

Why should you attend:

Bisnow events bring together the biggest power players in the industry to identify opportunities, build your network, and expand your business. With the largest audience of commercial real estate professionals in the world, no one knows how to help your business more than us.

For questions, recommendations, comments, or press inquiries please email our Director of New York Events, Chris Picher at chris.picher@bisnow.com. 

To request disability-related accommodations, please contact audrey.sullivan@bisnow.com  no later than seven business days prior to the event.

Featured Long Island CRE Projects & News

Venue

55 Paradise Lane
55 Paradise Ln
Bay Shore, NY 11706

 

Free Parking Onsite 

 
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Agenda

Time Activity
12:00 PM
1:00 PM
Coffee, Breakfast & Networking
1:00 PM
1:05 PM
Opening Remarks with the Rockefeller Group

1. Rockefeller Group highlights the unique positioning of 55 Paradise Lane and other Rockefeller Group assets.
2. Better understand the role of foreign trade zones and the opportunity it provides for industrial demand.

1:05 PM
1:50 PM
Identifying Development Clusters & Strategies for Successful Municipality Relationships

1. Playbook on how to secure entitlements and project approvals amidst development headwinds.
2. Identifying emerging development opportunities given demographic shifts and leveraging local economic incentives.

1:50 PM
2:00 PM
Coffee Break & Networking
2:00 PM
2:45 PM
Industrial Development, Leasing & Building to Meet Consumer Trends

1. Developers, investors and builders will weigh in on supply and demand dynamics on Long Island and their impact on leasing and new development.
2. Hear how consumer trends from Long Island residents are impacting the industrial and last mile distribution centers for the logistics sector.

2:45 PM
3:30 PM
Multifamily Market Dynamics & Developing Best in Class Assets to Meet Renter Demand

1. Transit-oriented development strategies and leveraging mixed-use communities to enhance multifamily buildings.
2. Gain insight into the supply and demand dynamics and how this impacting rental rates and the typical rental profile on Long Island.

3:30 PM
3:45 PM
Networking

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