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Long Island brokerage joins Coldwell Banker Commercial.


In a merger that will further connect the Long Island real estate market with the Manhattan Manhattan, indigenous people of North America
Manhattan (mănhăt`ən), indigenous people of North America of the Algonquian-Wakashan linguistic stock (see Native American languages).
 market, American American, river, 30 mi (48 km) long, rising in N central Calif. in the Sierra Nevada and flowing SW into the Sacramento River at Sacramento. The discovery of gold at Sutter's Mill (see Sutter, John Augustus) along the river in 1848 led to the California gold rush of  Corporate Real Estate, Inc. of Woodbury Woodbury.

1 Residential city (1990 pop. 10,904), seat of Gloucester co., SW N.J., in the Philadelphia–Camden metropolitan area; settled 1683, inc. as a city 1871. It is a trade and service center, and petrochemical companies are nearby.
, Long Island, an independent commercial firm, announced a merger with Coldwell Coldwell may refer to:
  • Addy Joaquín Coldwell, Mexican politician
  • Coldwell Banker, American real estate franchise
  • Cec Coldwell, English footballer & team manager
  • Douglas-Coldwell Foundation, Canadian think tank
  • George R.
 Banker Commercial Properties Unlimited of Manhattan. The merged firm, which will operate under the name Coldwell Banker Commercial Properties Unlimited, will serve the tri-state area There are a number of places in the United States known as tri-state areas where three states or holdings meet at one point (a tripoint), or in proximity to each other. The two most well-known are for the New York and Chicago metropolitan areas.  and be linked to 400 Coldwell Banker Commercial offices worldwide. It will operate from offices in Manhattan and Nassau county Nassau County is the name of two counties in the United States of America:
  • Nassau County, New York
  • Nassau County, Florida
. The terms of the merger were not disclosed.

David M. Michonski, chairman of Coldwell Banker Commercial Properties will remain as chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of the new entity. Steven Ste´ven

n. 1. Voice; speech; language.
Ye have as merry a steven
As any angel hath that is in heaven.
- Chaucer.

2. An outcry; a loud call; a clamor.
To set steven
to make an appointment.
 Tomback, chief executive officer of American Corporate, has been named president of the combined entity and Jack Britvan, president of American Corporate, will remain president of the Long Island (formerly American Corporate) operations.

The new company will create a strong Coldwell Banker presence in Nassau county, where American Corporate has served as one of the largest independent firms.

Tomback and Britvan will bring their prior experience to building on the Coldwell Banker base announced last spring by the parent of Coldwell Banker Commercial, RealShare International Inc.

"It is a great pleasure to be joining up with Coldwell Banker Commercial and to be part of their enormous growth across the country," said Steven Tomback. "For several years we at American Corporate have been approached by several national and regional commercial real estate companies, but none could match the economic and support benefits of Coldwell Banker Commercial," added Jack Britvan.

"With Coldwell Banker Commercial our business gets unmatched levels of marketing expertise and technological sophistication so·phis·ti·cate  
v. so·phis·ti·cat·ed, so·phis·ti·cat·ing, so·phis·ti·cates

v.tr.
1. To cause to become less natural, especially to make less naive and more worldly.

2.
, which will enable us to better serve new and existing customers in our sales region and on a national level," said Tomback.

"American Corporate chose to become national in order to provide additional services to our clients and customers," said Tomback. "Because Coldwell Banker Commercial is one of the largest brokerage organizations in the world, with more than 400 offices worldwide, Coldwell Banker Commercial can best serve the needs of our diverse mix of tenants, landlords, sellers and buyers in the leasing, acquisition, disposition, and management of commercial real estate."

Michonski added, "American Corporate encompassed the perfect blend of technological expertise, market insight, and established customer partnerships.

American Corporate was an obvious choice for Coldwell Banker Commercial Properties Unlimited and as Coldwell Banker continues its nationwide expansion effort, the goal is always and everywhere the same: to join with exceptional organizations, such as American Corporate."

"We see ourselves as important players in the tri-state market and American Corporate is central to achieving our goals. We see a long and rewarding relationship and tremendous opportunity for others to be part of this fast growing franchise." Michonski added.
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Publication:Real Estate Weekly
Date:Nov 22, 2000
Words:457
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