Daniel Gale's Whale Surfaces in South Korea Statue Commemorating Gale Family Business Installed in New Urban Center

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Whale%20sculptureHuntington, NY… August 13, 2009… What is a familiar image to residents of Long Island’s North Shore—the Daniel Gale Sotheby’s International Realty whale logo, is getting a whole new audience in the Far East. A commemorative statue, “Cruising Together,” depicting two whales spanning the globe, has been installed in South Korea’s Songdo International Business District, an emerging urban center developed by Gale International and POSCO E & C. Stanley C. Gale, grandson of the founder of Daniel Gale Sotheby’s International Realty, is the Chairman of Gale International. The statue, which was installed in Songdo’s Central Park, is modeled after the first and current Daniel Gale Sotheby’s whale logos, and symbolizes the unique partnership and friendship Gale International and Posco E&C have achieved over the course of this project.

“The Gale family and its associated businesses, Daniel Gale Sotheby’s International Realty included, have a history of being at the forefront of new ideas and opportunities,” said Patricia Petersen, President and CEO of Daniel Gale Sotheby’s International Realty. “This latest accomplishment reflects and honors that tradition, and presents yet another unique opportunity for real estate buyers and investors around the world to be aware of what Long Island, and Daniel Gale Sotheby’s, has to offer.”

The Songdo International Business District, roughly the size of downtown Boston, is being constructed on reclaimed land near Inchon, South Korea, an easy flight from China and other rapidly developing areas of Northeast Asia. Begun in 2002, Songdo represents a $35 billion city-within-a-city near Seoul's international airport. It is one of the world's largest commercial developments.

The statue, constructed of bronze, is 18 ft in length, 15.7 ft in width and 20 ft in height, and was made by Han Jeong-ho, Head of Soto Design Architect and Lee Young-song, a famous Korean artist.

Founded in 1922, Daniel Gale Sotheby’s International Realty consistently leads the nation in achieving one of the highest average sales prices in the country. Voted Best

Residential Real Estate Company by Long Island Business News annual readership poll,

Daniel Gale Sotheby’s is a $2 billion plus organization with more than 600 sales associates in 30 offices and divisions spanning Long Island. Services include an award-winning Relocation Center, a New Homes division, a Condominium Group, a Commercial Division; Ambassador Abstract, a full-service title company, and a Wells Fargo Mortgage affiliation. Daniel Gale Sotheby’s International Realty has been the exclusive Sotheby’s International Realty® affiliate for Long Island’s North Shore since 1976. Over the course of this relationship, Daniel Gale Sotheby’s International Realty has gained exceptional national and international recognition, including taking top honors worldwide for the past several years.

Daniel Gale Sotheby’s International Realty is a member of Residence, The Registry, and is on the Regents Board of “Who’s Who in Luxury Real Estate,” a global network of leading real estate companies. More information may be obtained at www.danielgale.com.

Photo caption: Daniel Gale Sotheby’s Whale Lands in South Korea A contingent from Daniel Gale Sotheby’s International Realty (DGSIR) from Huntington, New York, recently attended the unveiling of “Cruising Together,” a bronze sculpture at the Songdo International Business District in South Korea. The sculpture commemorates the partnership that built Songdo: Gale International and POSCO E&C. Pictured at center are Stanley Gale, chairman of Gale International and grandson of the founder of Daniel Gale Sotheby’s and DGSIR President and CEO Patricia Petersen. Also pictured, (l-r) Hyun-dong Kim, SVP of POSCO E&C, Moon-pyo Lee, EVP of POSCO E&C, Margy Hargraves, VP and Senior Sales Consultant and Carol Tintle, SVP and Regional Manger, both of Daniel Gale Sotheby’s International Realty.