August, 2026, Queens, NY - Northmarq’s New York Metro Debt + Equity team, led by Robert Delitsky and Charles Cotsalas, arranged $32 million in financing for Springnex Plaza, a 96,028-square-foot retail property located in the Springfield Gardens neighborhood of Queens. Delitsky and Cotsalas arranged financing on behalf of the owner, Mattone Group Springnex LLC, through Principal Financial...
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May, 2026, Westbury, NY - Chili’s Grill & Bar is laying the groundwork for a new phase of U.S. expansion as parent company Brinker International builds on strong sales momentum and operational simplification. After posting a 4% same-store sales increase and marking 20 consecutive quarters of growth, the company is testing redesigned restaurants in the Dallas area to establish a scalable model for...
August, 2025, Westbury, NY - Mattone Investors is proud to welcome Planet Fitness to our great line up at Roosevelt Raceway Center in Westbury. Thanks to the Planet Team who built this beautiful new location in record time and to Jack Chera from RIPCO who was a fantastic partner in getting this deal...
August, 2025, Jamaica, NY - Northmarq’s New York Metro Debt + Equity team led by Robert Delitsky and Charles Cotsalas successfully arranged the $29 million refinance of the Home Depot located in Jamaica, New York. Northmarq arranged the permanent-fixed financing on behalf of the borrower, Mattone Investors, through a correspondent relationship with a CMBS lender. “Mattone Investors developed this...
May 2025, Westbury, NY - The former site of the TGI Fridays restaurant, which closed in the fall of 2024 as part of the chain’s bankruptcy has been sold. The 10,064 square foot building is situated on three acres at 829 Merrick Avenue in Westbury. Matgart Merrick Avenue Associates, LLC, a Mattone Investors affiliated company, sold the property to Beechwood Organization for $12.75 million. Commented...
February 2025, Westbury, NY – In February of this year, Mattone Investors proudly entered into a lease with Planet Fitness for the 15,400 square foot former David’s Bridal. Construction is well underway with a projected opening date in a few short weeks. “They are building a beautiful new gym with amazing equipment” stated Michael X. Mattone, CEO of Mattone Investors. “We think this beautiful...
May 2025, Flushing, NY - Mattone Investors is pleased to announce that their CEO, Michael X. Mattone has been named this year’s Community Partner of the Year at the 2025 Partners for Progress Gala held at Terrace on the Park on May 1. The event was well attended by leaders from the health, education, and business communities. Students were also on hand to share their stories and aspirations for the...
June 2024, Woodbury, NY - Taking the creative approach “in thinking outside the (retail) box” does have its rewards. Mattone Investors is pleased to announce that it is this year’s recipient of the Top Retail Redevelopment in Nassau award. Long Island Business News hosted the Real Estate, Architecture and Engineering presentation and awards event at the Crest Hollow Country Club on June 18. The award...
Mattone Ctr. for Law and Religion at St. John’s Law to be named in honor of Denise & Michael Mattone
December 11, 2023 – St. John’s Law – The Mattone Center for Law and Religion at St. John’s Law will be named in honor of alumni Denise Melillo Mattone and Michael X Mattone, in recognition of their generous, transformative gift to endow the Center’s...
May 18, 2023: MILFORD, Conn. — Factory Direct Enterprises, owner and operator of Ashley stores, opened its newest store here on April 28. The 46,248-square-foot store is located at 1212 Boston Post Road and is the company’s 24th Ashley store and eighth in...