Printer Friendly
The Free Library
14,505,384 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Nassau County hires Insignia.


Insignial/ESG has been chosen by Nassau County Nassau County is the name of two counties in the United States of America:
  • Nassau County, New York
  • Nassau County, Florida
 to spearhead a building consolidation plan for the fiscally- challenged Long Island county. This past May, the county issued an REP seeking a strategic real estate planning Estate Planning

The overall planning of a person's wealth, including the preparation of a will and the planning of taxes after the individual's death.

Notes:
Contrary to popular belief, estate planning involves much more than preparing a will, and it is not only for the
 firm. The response generated some heated competition between firms.

"We have a once-in-a-lifetime opportunity to reshape the landscape of Nassau County government and provide a more habitable habitable adj. referring to a residence that is safe and can be occupied in reasonable comfort. Although standards vary by region, the premises should be closed in against the weather, provide running water, access to decent toilets and bathing facilities, heating,  work environment for county employees," said Sheldon Cohen cohen
 or kohen

(Hebrew: “priest”) Jewish priest descended from Zadok (a descendant of Aaron), priest at the First Temple of Jerusalem. The biblical priesthood was hereditary and male.
, head of Nassau County's real estate planning and development office.

Insignia will work for Nassau County free of charge, though certain "rights" will be offered to the firm. Insignia was not the lowest bidder for the job, but Nassau officials apparently swayed the firm into doing the work gratis GRATIS. Without reward or consideration.
     2. When a bailee undertakes to perform some act or work gratis, he is answerable for his gross negligence, if any loss should be sustained in consequence of it; but a distinction exists between non-feasance and
.

"We have over 2,000 pieces of real estate all over this county. It's our hope to privatize a lot of these properties," said a spokesman from the County Executive's office.

He added that he and his colleagues "have a lot of work to do" with respect to bolstering Nassau County. The overall real estate plan will get refined over the next few weeks,' according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 the spokesman.

The consolidation plan will attempt to develop five county campuses to house most of the government here.

The Building Consolidation Plan will organize county government facilities into several "campuses,". designed to house government departments together that perform related functions.

"A perfect example of what is wrong with our current real estate footprint is that county police function--exclusive of the precincts--is now located in 11 different sites including our Police Headquarters," said County Executive Thomas Suozzi. "We want to consolidate this area, along with the rest of county government, to increase efficiency and minimize waste," he said.

Suozzi--who was elected last year--is the first Democrat to occupy the seat in many years. His predecessor, Thomas Gulotta, has been credited with pushing the county to the edge of bankruptcy during his long term.

Nassau County boasted the lowest bond rating of any county in the state during Gulotta's tenure. This past April, Standard & Poor's took Nassau County off of their credit watch.

"I was incredibly pleased with the response to our RFP (Request For Proposal) A document that invites a vendor to submit a bid for hardware, software and/or services. It may provide a general or very detailed specification of the system.

1. (business) RFP - Request for Proposal.
2.
. We had a difficult decision to make, but I am satisfied and impressed by the experience, scope and creative approach to managing real estate that Insignia will bring to Nassau County," said Suozzi.

The chairman of Insignia, Stephen Siegel, said that he is eager to begin working during what he termed "a challenging period of restructuring" for the county. "The team we've assembled is collectively one of the most experienced and hard-charging groups that you will find in the real estate industry," said Siegel.

Insignia has also done work for government and non-profit agencies in Long Island such as Catholic Charities, the Federal Aviation Administration Federal Aviation Administration (FAA), component of the U.S. Department of Transportation that sets standards for the air-worthiness of all civilian aircraft, inspects and licenses them, and regulates civilian and military air traffic through its air traffic control , and the Federal Deposit Insurance Corporation Federal Deposit Insurance Corporation (FDIC), an independent U.S. federal executive agency designed to promote public confidence in banks and to provide insurance coverage for bank deposits up to $100,000. .
COPYRIGHT 2002 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:Insignia/ESG for consolidation of county buildings
Author:Chapman, Parke
Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Jul 10, 2002
Words:468
Previous Article:333 Westchester Avenue.(Charles S. Cohen hosts business park opening)(Brief Article)
Next Article:New homes topped off on Roosevelt Island.(Hudson Companies Inc., Related Cos., New York City)(Brief Article)
Topics:



Related Articles
David Cronheim Company.
Vornado closes years' largest lease.(Brief Article)
Insignia/ESG hails rebirth of White Plains office market.(Brief Article)
Insignia bonds with Buschman.(Brief Article)
Insignia/ESG arranges half-ownership of L.I. office campus.(Brief Article)
Insignia/ESG selected for LI sales leaseback.(Brief Article)
Agents. (On the Scene).(leasing contracts)(Brief Article)
Insignia/ESG named agent for Regus space.(Brief Article)
Durst to market 825 Third?(Insignia/ESG will market Random House Building for Durst Organization)(Brief Article)
Insignia/ESG. (Agents).(Brief Article)

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles