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July 21, 2003




 
SCHACKER'S LARRY BIANCO CLOSES 4 DEALS IN EXCESS OF $6 MILLION

The Mack Heiferman Co. sold a 32,635 sq ft distribution and warehouse facility at 55 Ludy Street in Hicksville to ABC Supply Company, a national distributor of building and roofing products. Bianco represented both the seller and buyer.
In Hauppauge, Controlotron Corp., makers of flow meter devices, purchased 75 Oser Avenue, a 32,000 sq ft industrial building, from Hatco Printing Co. Bianco represented Controlotron Corp. The seller was represented by Ashlind Properties.
In Glen Cove, Mall Com, an internet fulfillment company, purchased 55 Seacliff Ave., an 18,700 sq ft industrial building. Bianco represented both the buyer, Mall Com and the seller, Tweezerman, in the transaction.
Double G Productions, an entertainment company, will move its headquarters, dance and acting studios from Hicksville to 2 Aerial Way in Syosset under a long term lease with property owner, the Celwyn Co. This freestanding 14,885 sq ft building will be completely renovated. Bianco represented the landlord and the tenant.
Additional Schacker deals included the following: Joe Brown represented Sunrise Credit Service in the sale of their 14,000 sq ft office building in Seaford. The purchaser was the law firm of Furey, Kerlig, Walsh, Matera and Cinquemani represented by Chris Stack of CB Richard Ellis.
Nick Gianni sold 420 Westbury Avenue, in Carle Place, a 3,000 sq ft commercial building to Glen Carney Ltd. a manufacturer. Gianni represented the buyer and seller, Guiseppe Forte.
In Farmingdale, Gianni sold 48 Rome Street, a 4,000 sq ft industrial building to Nestor Shipping Service who is relocating from Long Island City. Gianni represented both the buyer and seller, Edward Bell.
In Ronkonkoma, Gianni sold 921 South 2nd Street, a 12,000 sq ft building to Century 21 Foods, a distributor. Once again, Gianni represented both the buyer and seller, Vincent Manfardini.