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The Roslyn Times, Friday, June 17, 2016
RT
Developer buys Roslyn Heights offices b y Ch r i s A d a m s
Expressway Plaza, a business park with roughly 150,000 square feet was purchased by Lalezarian Developers.
A four-building business complex in Roslyn Heights, Expressway Plaza, was bought by Lalezarian Developers for $15.35 million, according to a Long Island Business News article. The property was sold at auction by Maryland-based CWCapital, a company that took title after the property was foreclosed upon in 2013, the article said. The former owners of Expressway Plaza defaulted on a $23.77 million commercial mortgage before its foreclosure. The complex was reportedly underperforming and is currently 50 percent vacant. In previous acquisitions, Lalezarian Developers has redeveloped properties into residential spaces, like the former KeySpan headquarters at 250 Old Country Road in Mineola, which was converted into an apartment building, the article said. The complex offers approximately 150,000 square feet of space and covers 9.26 acres. Kevin Lalezarian, principal of Lalezarian Properties LLC, was not available to comment on the purchase.
Man tied to Westbury car theft arrested B y G a b r i e l l e D e o n a t h removing various items, such as credit from vehicles in both Herricks and Sear- Third Squad and the Nassau County PoA man wanted in connection with over 60 larcenies from motor vehicles in New York City and Nassau County, including Herricks and Searingtown, was arrested last Wednesday. Michael Taylor, a homeless man from New York City, broke into vehicles,
cards and identification, the Nassau County Police Department said. The stolen credit cards and identification materials were then used to make fraudulent purchases. The larcenies began on Aug. 15, 2015. In addition to three cases of theft
ingtown, Taylor, 33, also illegally entered and took property from 16 vehicles in the Target parking lot located near Sunrise Highway in Valley Stream, police said. Taylor also allegedly committed thefts in Garden City, Woodmere and Westbury. Investigation by several police squads and departments, including the
lice Department’s Asset Forfeiture Unit, led to the arrest of Taylor, police said. Taylor was charged with reckless endangerment, grand larceny, defraud, criminal possession of stolen property, criminal mischief and identity theft, and was arraigned on June 9 in First District Court in Hempstead.
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SUNDAY, JUNE 26 • 12 PM - 10 PM • Outdoor Dining • Rides • Prizes • Music: - Asian-American Circle of Unity - Klezical Tradition
Sidewalk Sale Thursday, June 23 Through Sunday, June 26 Is
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