Matrix Realty Group CEO Glen Nelson dies in car accident

48-year-old crashed Lamborghini into utility pole in Long Island on Sunday

New York /
Dec.December 21, 2015 04:17 PM

Glen Nelson – the founder, chair and CEO of commercial and residential development firm Matrix Realty Group – died Sunday after crashing his car into a utility pole in Long Island, according to reports.

The 48-year-old Nelson was driving his Lamborghini Murcielago in the Long Island town of Port Jefferson when it swerved off the road and slammed into the pole. Emergency services crews rushed to the scene and took Nelson to St. Charles Hospital in Port Jefferson, where he was pronounced dead.

There were no other vehicles or injuries involved in the accident, according to the Daily Mail. Suffolk County Police are investigating the cause of the crash.

Nelson co-founded Long Island-based Matrix Realty Group, a real estate investment and management company with holdings throughout the U.S., in 1993.

The company’s properties include suburban office parks in Connecticut, Alabama and Long Island, according to its website, as well as residential communities across the country.

A Matrix spokesperson did not immediately return requests for comment. [Daily Mail]Rey Mashayekhi


Related Articles

arrow_forward_ios
(Illustration by The Real Deal with Getty)
Signs of life for Hamptons, North Fork markets
Signs of life for Hamptons, North Fork markets
Jill Stuart and 113 Parsonage Lane (Getty, Google Maps)
Famous fashion designer sews up Sagaponack sale
Famous fashion designer sews up Sagaponack sale
(Getty)
Hamptons home prices dip, but North Fork’s hit another record
Hamptons home prices dip, but North Fork’s hit another record
John Steinbeck with 2 Bluff Point Lane (Google Maps, Getty, SPSD)
Southampton eyes putting $11M into Steinbeck estate purchase
Southampton eyes putting $11M into Steinbeck estate purchase
Oxford Hospitality's Paul Amoruso and 1 Computer Associates Plaza in Islandia (Getty, Jones Lang LaSalle IP, Inc., Oxford Hospitality)
Owners of vacated CA Technologies’ campus paid pennies on the dollar
Owners of vacated CA Technologies’ campus paid pennies on the dollar
Douglas Elliman's Todd Bourgard (Douglas Elliman, Getty)
Elliman taps new head of Long Island
Elliman taps new head of Long Island
Prada CEO Gianfranco D’Attis and 16 Gould Street (Getty; Google Maps)
East Hampton board rejects Prada CEO’s request for 11 variances
East Hampton board rejects Prada CEO’s request for 11 variances
New York State Attorney General Letitia James (Illustration by The Real Deal with Getty)
AG recovers $420K from LI’s largest apartment landlord
AG recovers $420K from LI’s largest apartment landlord
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...