Racanellis pursue new ventures.Martin, John, Nicholas Nicholas, Russian grand duke Nicholas (Nikolai Nikolayevich) (nyĭkəlī` nyĭkəlī`əvĭch), 1856–1929, Russian grand duke and army officer; first cousin of Czar Alexander III and grandson of Czar , and Anthony Racanelli, partners in N. Racanelli Associates, have announced that they will be pursuing new business directions, each remaining involved in the real estate industry. The brothers, whose father, Nicholas Racanelli, Sr., founded the company in the early 1950s, have been partners for more than three and a half decades. The decision to pursue separate endeavors was made amicably am·i·ca·ble adj. Characterized by or exhibiting friendliness or goodwill; friendly. [Middle English, from Late Latin am and with a high level of harmony remaining between the brothers. Martin Racanelli will continue to manage various real estate holdings, pursue new development projects, and assume an active role with Racanelli Construction Company, Inc., the organization currently led by his sons, Nicholas H., Michael, Richard and Marty Racanelli. John Racanelli will be joining the law firm of Farrell Fritz fritz n. Informal A condition in which something does not work properly: Our television is on the fritz. [Perhaps from German Fritz , P.C p.c. (post cibum), n a Latin phrase meaning “after meals”; the abbreviation may be used in prescription writing. . as of Jan. 1st, 2002, as a partner in the firm's real estate practice group. Nicholas Racanelli, Jr. is forming an independent construction company, Nicholas Racanelli Construction, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control and will continue in the building and development of commercial/industrial, healthcare, educational, and retail properties. His firm will be headquartered in Hauppauge. Anthony Racanelli has assumed the role of president of Racanelli Realty realty n. a short form of "real estate." (See: real estate) REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property. Services, Inc., and will continue to manage the company's brokerage and property management operations. The company will be relocating to Hauppauge. All of the brothers will maintain joint interests in several properties. |
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