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. [more]

Katherine GaleKatherine Gale joined the Long Island brokerage Daniel Gale Sotheby’s last month — making her the fourth generation in her family to work at the firm, which her great-grandfather founded in 1922. Her grandfather Kent still serves as the company’s chairman and her father, Stan, started there before launching the development firm Gale International in 1999.

Prior to joining the firm, Katherine, 26, who holds an MBA, spent a year as an agent in Nest Seekers’ Midtown Manhattan office…. [more]

From left: Patricia Petersen, Roy Sobel, Lea Frank and Linda Wohl, vice presidents and sales managers at Daniel Gale Sotheby's Roslyn offices.

Daniel Gale Sotheby’s International Realty, based on Long Island, has acquired Coldwell Banker Claire Sobel Real Estate. Coldwell Banker Claire Sobel, which has one location based at 27 Powerhouse Road in Roslyn, will stay open, but operate under Daniel Gale Sotheby’s name. Daniel Gale Sotheby’s has another Roslyn location at 1400 Old Northern Boulevard.

“This transaction is reflective of our confidence in the Claire Sobel team and in the vitality and value of North Shore real estate,” said Daniel Gale Sotheby’s President and CEO Patricia Petersen in a press release. [more]

The Long Island home where the infamous “Amityville Horror” murders took place has hit the market for $1.15 million, according to the Wall Street Journal. The home was the site of Ronald DeFeo’s grizzly murder of his six family members in 1974, which inspired the 1979 Oscar-nominated movie “The Amityville Horror.” Although it’s unclear how much DeFeo spent on the home at 108 Ocean Avenue, it sold for $55,000 shortly after he slayed his family. The waterfront home has undergone several renovations since the murders, and now includes central air, a deck and patio. Laura Zambratto, an agent with Daniel Gale Sotheby’s International Realty, has the listing. [WSJ]

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A 107-acre Long Island country club that went bust in the aftermath of Bernie Madoff’s Ponzi scheme and the real estate market crash was auctioned off for $19 million yesterday, but as individual parcels the land could be worth much more, the Post reported. The site of the posh former Woodcrest Country Club in Muttontown could be divided into a maximum of 35, three-acre parcels, per local zoning laws, and according to Ellen Zipes, a broker with Daniel Gale Sotheby’s International Realty, each of those plots could garner bids of as much as $2 million.
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