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
Jake’s 58 (Google Maps, iStock)
Suffolk OTB to acquire Jake’s 58 in $120M deal
Suffolk OTB to acquire Jake’s 58 in $120M deal
The state has opened 52 more investigations into potential fair-housing law violations tied to the Newsday report (iStock)
Agents named in discrimination exposé face discipline from state
Agents named in discrimination exposé face discipline from state
90 Jule Pond Drive is on t he market for $145 million (Sotheby’s International Realty)
$145M Hamptons estate languishes on market amid surging demand
$145M Hamptons estate languishes on market amid surging demand
From left: Erica Grossman, Michaela Keszler, Maggie Keats, Margaret Harrington and Maria Babaev (Photos courtesy Douglas Elliman)
Douglas Elliman honors tristate brokers after a chaotic year
Douglas Elliman honors tristate brokers after a chaotic year
(Getty)
Summer camps can reopen, but much remains unknown
Summer camps can reopen, but much remains unknown
Chris Whittle and his East Hampton estate (Photos via Trulia and Meridian)
Education entrepreneur relists East Hampton estate for $95M
Education entrepreneur relists East Hampton estate for $95M
This three bedroom house is the first ever home built with 3D printing technology. (Realtor)
“3D-printed” home in Calverton listed at $300K
“3D-printed” home in Calverton listed at $300K
Sen. Anna Kaplan (Photos via Wikipedia Commons; iStock)
NY Senate to pass housing discrimination bills
NY Senate to pass housing discrimination bills
arrow_forward_ios

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

Loading...