LOVIN' LONG ISLAND

T. Weiss Realty CEO Ted Weiss, The Rochlin Org's Michael Rosenfeld, and Newmark Knight Frank's Brian Lee caught up at a broker event Wednesday night at T. Weiss's 155k SF 105 Maxess Rd in Melville, where Crawford Co's departure this year left 65k SF vacant. 30k has been leased back up, leaving 35k SF that's subdividable, though Ted would prefer a larger user. The Polytechnic Institute of NYU just renewed its 11k SF lease there; Brian and colleague Scott Berfas repped the tenant, while Craig Weiss repped the owner.
What else is on Ted's agenda? Putting money to work. "Our powder is really dry," he says. The firm's looking for a great opportunity but can't put its arms around anything. He's sniffing around for distressed properties from Melville to Hauppauge and may consider western Nassau County or the boroughs—but eastern Nassau's not on that list. (What about the fashionable East Egg?)

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's New York Newsletters
Related Stories

Federal Government To Sell Nearly 31K SF In Five Points: The Denver Deal Sheet

Avison Young Had Assets Frozen By Bank Over Unpaid Taxes

Artificial Intelligence Companies Reshaping Dublin Office Demand As OpenAI Confirms HQ

Mars Factory Overhaul Stalls As Candymaker's Chicago Expansion Accelerates

Camden Property Trust Sells West Coast Portfolio, Clears $1.5B Target

How Long Island Projects Can Cut Through Red Tape And Community Opposition To Cross The Finish Line

Empire State Building Observation Deck Hemorrhaging Visitors, Value

Cortland, Pulte, INVH, Walker & Dunlop Execs Talk Changing Demographics, AI

America's War Machine Is Growing, Sparking A Defense Real Estate Boom

Boca Raton's New Leaders Throwing 'All Kinds Of Curveballs' At Developers

Slate, Hudson Cos. Picked To Develop Massive Queens Housing Project

BXP's 343 Madison Lands $1.2B Loan, Nears Deal With Equity Partner