Daniel Gale Sotheby’s Commercial Division Brokers Major Transaction in Long Island

Posted by Kathleen Caputi — October 31, 2007

MANHASSET, N.Y. – (Nov. 1, 2007) – The Commercial Division of Daniel Gale Sotheby’s International Realty, one of the nation’s leading real estate brokerages, recently played a significant role in the sale of five parcels along Jackson Avenue, one block from Court Square in Long Island, to an international holding corporation. The lots have been assembled for the future construction of a hotel. Further details on the new project were not disclosed.The purchases conclude a 22-month process orchestrated by Sandi Raciti with assistance from John Magnani and Ralph Congello, all three of whom work for the Daniel Gale Sotheby’s International Realty Commercial Division in Manhasset.Although primarily a residential real estate firm, Daniel Gale Sotheby’s experienced commercial team leases and sells industrial, office and retail properties throughout Long Island, Brooklyn and Queens. “With the commercial group, our clients can make one phone call to Daniel Gale Sotheby’s and get the ball rolling on any variety of real estate needs—a home, investment property, retail or industrial transaction,” said Manhasset office Vice President Mary Ann Horne, who along with counterparts in Port Washington and Glen Head oversees the commercial activities.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. It is a $2.5 billion organization with more than 600 sales associates in 27 offices and divisions. Daniel Gale Sotheby’s International Realty offices span 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 Real Estate has been the exclusive Sotheby’s International Realty® affiliate for Long Island 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 seven years. More information may be obtained at www.danielgale.com.

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