The Real Deal New York

Long Island’s Daniel Gale Sotheby’s launches new development division

Firm sees increased demand for new construction homes

November 26, 2012 12:30PM

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Christine DiRaimo

Daniel Gale Sotheby’s International Realty has launched a new development division, in response to increasing demand for condominiums and townhouses on Long Island, the firm said today. Christine DiRaimo, a licensed broker and attorney, will lead the division as vice president and director.

The division will be headquartered at Daniel Gale Sotheby’s office, located at 160 East Main Street in Huntington, N.Y.

“I’ve seen a strong movement in the Long Island market geared to this lifestyle change,” DiRaimo said in a statement. “These condos and townhomes are of new construction, and offer minimal maintenance, lower taxes, generous amenities … well suited to an active lifestyle. Many of our buyers have often sold a bigger home and are looking for a similar level of comfort with less responsibility.”

The group of clients looking for these non-traditional Long Island residences includes young couples, empty nesters and even single men and women of all ages, said Daniel Gale Sotheby’s CEO Patricia Petersen in the release.

Daniel Gale Sotheby’s is the eighth largest firm in the Hamptons and North Fork, according to The Real Deal’s August ranking of the East End’s largest residential brokerages, although the 600-agent firm has a much larger presence across the rest of Long Island. As previously reported, Daniel Gale Sotheby’s acquired Roslyn-based Coldwell Banker Claire Sobel Real Estate this summer. — Zachary Kussin

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