Reckson Associates Realty Corp.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. has announced a strong level of leasing activity throughout its Suffolk county Suffolk County may refer to:
* In the largest of these transactions, Loop Loc Corp., a manufacturer of swimming pool safety covers, has leased 181,060 SF at 390 Motor Parkway in Hauppauge, N.Y. The lease represents both a company expansion and relocation RELOCATION, Scotch law, contracts. To let again to renew a lease, is called a relocation. 2. When a tenant holds over after the expiration of his lease, with the consent of his landlord, this will amount to a relocation. within Reckson's portfolio. Company growth prompted the move to them new location, which will house executive and administrative offices as well as light manufacturing and warehouse space. Also in Hauppauge at 55 Engineers Drive, Deutsch Relays, which manufactures relay switches, is leasing 36,000 SF for its administrative offices, manufacturing and warehouse operations. Bob Desmond of All Industrial Real Estate Corp. represented the tenant in the transaction. * Company expansion is prompting a move to Reckson's new Airport Industrial Park 2002 in Bohemia, where J. M. Lynne Co, Inc. has signed a long-term Long-term Three or more years. In the context of accounting, more than 1 year. long-term 1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term. lease for 48,233 SF. The company's executive and administrative offices, as well as its manufacturing and warehousing components will be making the move from smaller quarters at another Reckson property. David Panetta of Oxford & Simpson brokered the lease agreement. * In Western Suffolk, the prominent retailer Bed, Bath & Beyond is leasing 9,297 SF of office space at 110 Bi-Country Boulevard in Farmingdale for data processing data processing or information processing, operations (e.g., handling, merging, sorting, and computing) performed upon data in accordance with strictly defined procedures, such as recording and summarizing the financial transactions of a . Robert Yaffee of United Realty was the broker for this transaction. Also at that property, Dataline Incorporated has leased 8,139 SF for its executive and administrative offices, as well as for data processing and storage. |
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