News: Long Island

Rechler Equity Partners honors top brokers with annual awards

Plainview, NY Rechler Equity Partners, one of the largest owners of commercial real estate on Long Island, hosted its annual award ceremony to honor the real estate brokers who helped sustain the company’s record occupancy rates throughout 2021.

Ted Stratigos earned the Broker of the Year Award and the Acquisition Deal of the Year for the sale of 73 acres in Medford allowing for 845,000 s/f for future development.

Firm of the Year award was given to Cushman & Wakefield for their work in securing an 89,000 s/f tenant at the Hamptons Business District in Westhampton Beach. Cushman & Wakefield team members Frank Frizalone, Nick Gallipoli and Tom Deluca also took home the 2021 Development Deal Award for their teamwork in that lease.

Office Deal of the Year was given to Newmark Knight Frank and Scott Berfas for their work that secured 20,000 s/f of office space in two separate lease transactions at 80 Arkay Dr., Hauppauge.

Tom DiMicelli from JLL took home the award for Industrial Manufacturing Deal of the year for the renewal and expansion of D-3, LLC of 123,376 s/f at 70 Maxess Rd. and 20 Melville Park Rd., Melville.

Finally, Alberto Fiorini of Alliance Real Estate Corp. received the Industrial Warehouse Deal of the Year for the renewal and expansion of East/West Industries totaling 75,333 s/f at 2002 Orville Dr. North, Ronkonkoma.

Rechler Equity welcomed the award winners to their headquarters to present them with their awards and congratulate them for their accomplishments. In total, the honorees accumulated more than 306,000 s/f in executed lease agreements in addition to the acquisition of 73 acres in Medford.

“We rely on hardworking, experienced brokers to keep our business growing and improving each and every year,” said Gregg Rechler, co-managing partner of Rechler Equity Partners. “It’s our pleasure to recognize the broker community for their hard work and dedication to their craft.”

Included in Rechler Equity’s annual event were the Industrial Warehouse Deal of the Year, Office Deal of the Year, Acquisition Deal of the Year, Development Deal of the Year, Industrial Manufacturing Deal of the Year, Broker of the Year and Firm of the Year.

“Brokers play a key role in Long Island’s economy by securing tenants for commercial and industrial real estate space across the region,” said Mitchell Rechler, co-managing partner of Rechler Equity Partners. “Our buildings are designed specifically to fit the needs of businesses of all shapes and sizes from 2,000 s/f to over 200,000 s/f.”

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