Bethpage-Tribune_1995-01-27

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YOUR OFFICIAL HOMETOWN NEWSPAPER
Serving Bethpage, Island Trees, Plainedge, Seaford, Old Bethpage & Plainview
VOL. 28 NO. 4 JANUARY 27-February 2, 1995
NORTHROP GRUMMAN HEADQUARTERS
GOES UP FOR SALE
Northrop Grumman Corpora­tion
appointed Cushman & Wake­field
of Long Island as its exclusive
selling and leasing agent for the
disposition of surplus properties
at its Bethpage, N.Y. facility,
including the 500,000 square foot,
former headquarters building.
Also included are over two million
square feet of commercial and
industrial space, as well as land
potentially suitable for residential
use. The properties, which include
offices, industrial plants and ware­house
facilities, constitute one of
Long Island's largest commercial
sites.
Northrop Grumman, Long
Island's largest employer with over
5,000 employees, will continue to
occupy a major portion of the site.
The company's Data Systems and
Services Division, Electronics and
Systems Integration Division and
the East Coast component of the
Advanced Technology and Devel­opment
Center are based there
along.with extensive research,
development and laboratory facil­ities.
The agreement represents one
of the largest exclusive agencies
ever awarded on Long Island to
a commercial real estate firm.
Cushman & Wakefield of Long
Island, a subsidiary of Cushman
& Wakefield, Inc., was awarded the
assignment from a field of over 10
Long Island and national firms.
Ken Berehtold, Corporate Vice
President, Northrop Grumman,
indicated that "the decision to
select Cushman & Wakefield was
based on the long-standing, rep­utation
of the firm to handle
complex real estate assignments
on Long Island, as well as its
national and international con­tacts
in the real estate investment
area. The professional team which
Cushman & Wakefield put
togetherto handle this assignment
was also a major factor."
"The Northrop Grumman prop­erties
have the potential of sur­passing
any major real estate
office park development on Long
Island," according to Ted Strati-gos,
Senior Director, Cushman &
25 CENTS
Wakefield and Project Manager.
"With market conditions for
vacant space beginning to firm up
and no new development in sight,
this property will come on line at
the perfect time," according to
August DiRenzo, Vice Chairman,
Cushman & Wakefield and Senior
Project Director. "Many major
companies are already in discus­sions
with Northrop and Cushman
& Wakefield for possible leasing
or purchase of various parcels." .
Cushman & Wakefield's Long
Island-based teamn consisting of
industrial and commercial leasing
specialists, sales professionals
and market research staff, is
planning a major promotional
campaign to bring the property to
the attention of investors and
users throughout trie metropolitan
New York area, nationwide and
abroad.
Cushman & Wakefield opened
its first office on Long Island in
1969, when it was appointed
exclusive agents for the Hunting­ton
Quadrangle. Since then,
through the efforts of some of its
top brokers, including Messrs.
DiRenzo and Stratigos, the firm
has been responsible for virtually
every major headquarters transac­tion
on Long Island, including
Manufacturers Hanover, Chemical
Bank in Hicksville, Computer
Associates in Islandia, EAB Plaza,
the European American Bank in
Uniondale, Fleet Bank in Melville
and many other major tenant and
ownership assignments.
Cushman & Wakefield has over
39 offices across the country and
operations through Cushman &
Wakefield Worldwide in Europe,
Canada, Mexico, South America
and Asia.
Cushman & Wakefield is an
international real estate services
firm. Its diversified services
include office and industrial brok­erage;
financial, valuation advi­sory
and research services; devel­opment
and management
services. Founded in 1917, Cush­man
& Wakefield is a member of
The Rockefeller Group.
GETTING TOUGH ON GRAFFITI
State Assemblyman Phil Healey
(R-C, Massapequa), who has
spearheaded recent efforts to
toughen penalties for graffiti,
today said he has a better alter­native
proposed to paddling graf­fiti
vandals: suspend their driving
privileges.
Healey is the main sponsor of
legislation which would suspend
the driver's license of anyone
convicted of a graffiti crime for a
second time.
"It's clear that alternative sen­tencing
is needed to deter so-called
graffiti artists from commit­ting
acts of vandalism," said Hea­ley.
"Too often the kids who
commit these crimes don't fear
the consequences. I don't know of
any teenager who wouldn't be
afraid of losing his or her driving
privileges, especially in suburban
areas like Long Island. That is why
I am sponsoring this measure."
Assemblyman Healey, who co-sponsored
legislation that tough­ened
traditional penalties for
graffiti vandalism in 1992, said
offering the courts more sentenc­ing
options could help limit the
spread of graffiti.
"Graffiti has taken hold in com­munities
here on Long Island,
threatening property values and
dampening spirits," said Healey.
"We need innovative ideas and
alternative sentencing to open
kids' eyes so they will stop the
graffiti and we can restore the
beauty of our neighborhoods. I
will continue to push for legisla­tion
that will accomplish this
goal."
Healey, who has been active in
several local graffiti clean up
efforts, said he will continue to
sponsor community anti-graffiti
activities throughout the 12th
Assembly District.
ROAD RUNNERS WITH HEART
Pictured here, Road Runners Club
President Mike Polansky (L)
accepts the plaque, while Gary
Among the highlights of the'
January 17 meeting of the
Plainview-Old Bethpage Road
Runners Club was the presenta­tion
of a check in the amount of
$3,500 to the Bretton Bowl Fund-for
the needy families of Bethpage.
The $3,500 represented a por­tion
of the proceeds of the
December 17 Ho Ho Ho Jingle
Bells Run, which attracted more
Bretton and his family display the
$3,500 check.
than 1200 runners and walkers to
Bethpage's Central Boulevard
School.
Gary Bretton was at the meet­ing,
along with his wife Darlene
and sons Gary and Chris, to
accept the check on behalf of the
Bretton Bowl Fund, and in turn to
present the Road Runners Club
with a special plaque to commem­orate
their generosity to the Fund.