Insights

Mollen of Herrick, Feinstein brings 111 Great Neck Rd. to 89% occupied

February 12, 2013 – Media Mention
New York Real Estate Journal

In an article about 111 Great Neck Road, a property that has been in receivership since 2010, it is noted that Scott Mollen and the court-appointed receiver of the property, has employed a forward-thinking, pro-active approach to managing the building in an effort to establish a strong tenant roster and position the building for the future. Mollen was quoted, saying, "This property is one of the pre-eminent buildings in the Nassau County office marketplace and I knew that it was crucial to reassure existing tenants and communicate to potential tenants, that 111 Great Neck Road would continue to be run as a Class A building during receivership." The article also highlights several new leases and renewal deals that have been signed and several that are pending.