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Reckson Assoc. unveils new executive park on Long Island.


Reckson Associates 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.
 Corp. officially unveiled its newest, 277,081 SF, class "A" property -- Reckson Executive Park at 58 S. Service Road in Melville -- at a gala grand Dec. 19. The ribbon-cutting ceremony was officiated by Reckson executives George Gatta. and Frank Petrone, and Dennis Sneden, 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. , Huntington chamber of commerce. More than 350 corporate executives, industry professionals, and dignitaries attended the celebration.

The grand opening gave attendees the opportunity to view the building's amenities. "Reckson Executive Park is, without question, the finest location in Melville, if not all of Long Island," said Donald Rechler, chairman and co-chief executive officer of Reckson Associates.

Reckson Executive Park will offer a first-class office environment in a 33.5-acre, campus-style office park, surrounded sur·round  
tr.v. sur·round·ed, sur·round·ing, sur·rounds
1. To extend on all sides of simultaneously; encircle.

2. To enclose or confine on all sides so as to bar escape or outside communication.

n.
 by 100 acres of passive parkland. Amenities at the property include an on-site Internet Internet

Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the
 server connection, technologically advanced fiber optics fiber optics, transmission of digitized messages or information by light pulses along hair-thin glass fibers. Each fiber is surrounded by a cladding having a high index of refractance so that the light is internally reflected and travels the length of the fiber , hi-tech conference/training facility, restaurant/cafe, and a state-of-the-art fitness center. In addition, the property will soon have 2,172 parking spaces, with 51 underground spaces per building.

The evening was also the venue for the longstanding , company-wide Reckson tradition of announcing the Broker of the Year awards. At the event, brokers Martin Lomazow, Richard Karson, and Frank Riemer of Insignia/ESG, Inc., as well as David Pennetta of Oxford & Simpson and Carlton Wenz of Cushman & Wakefield, received awards for their professional accomplishments for the year 2000.

Reckson selected Martin Lomazow, Richard Karson, and Frank Riemer of Insignia/ESG, Inc. for their team effort resulting in Arrow Electronics Arrow Electronics NYSE: ARW is a Fortune 500 company headquartered in Melville, New York. This company specializes in products and services of electronic components and computer products.  leasing the entire 163,762 SF Melville Technology Center at 50 Marcus Drive shortly after its grand opening this fall. David Pennetta of Oxford & Simpson was recognized for his industrial lease agreement with J. M. Lynne -- a transaction involving 48,233 SF at Airport Industrial Plaza 2002 in Bohemia Bohemia, Czech Čechy, historic region (20,368 sq mi/52,753 sq km) and former kingdom, in W and central Czech Republic. Bohemia is bounded by Austria in the southeast, by Germany in the west and northwest, by Poland in the north and northeast, and by .
COPYRIGHT 2001 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Reckson Associates Realty Corp. holds opening ceremonies for office building complex, bestows awards
Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Jan 3, 2001
Words:297
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