Nassau Financial Federal Credit Union, a provider of high quality, competitively priced consumer financial services, today announced a new headquarters location for its administrative offices at 865 Merrick Avenue Suite in Westbury, N.Y.
“We outgrew our space in Garden City and will now be better able to serve our members and our community from our new location,” according to Board President Anne Kostynick.
Newmark Executive Managing Director Brian Lee and Director Daniel Oliver represented Nassau Financial in the 20,000-square-foot lease transaction, while NAI’s John LaRuffa represented the landlord, Michael Grey Piermont Properties, Inc.
Frank A. Cordano, CEO, notes, “Our branch office at our previous location, 1325 Franklin Avenue Suite 101 in Garden City, N.Y., will remain open to serve all members who live and work in the surrounding communities.”
“The building provides the NFFCU with the visibility and exposure of a corporate headquarters, which is easily accessible by employees and members at a far more compelling cost structure than competing properties,” according to Brian Lee.
About Nassau Financial
Headquartered in Westbury, New York, Nassau Financial Federal Credit Union is a not-for-profit financial cooperative with over $285 million in assets serving more than 29,000 members. Nassau Financial is community chartered, serving everyone who lives, works, worships, volunteers, or attends school in Nassau County, New York, as well as members of their immediate family or household. Branch locations include Oceanside, Garden City, East Meadow, and Syosset with additional offices available through the shared service center network. Nassau Financial also provides its members no-surcharge ATM access at thousands of locations throughout Long Island, the United States, and the world. Nassau Financial deposits are federally insured up to $250,000 and they offer savings and IRAs; free checking products including Early Pay with Direct Deposit; consumer loans and lines of credit; home financing; electronic and other convenience services including online banking and Call-24 Telephone Banking; free financial planning; and educational seminars.
About Newmark
Newmark is one of the largest independent real estate service firms in the world. Headquartered in New York, Newmark and London-based partner Knight Frank Newmark operate from over 195 offices in established and emerging property markets on six continents. Last year, transactions were valued at more than $47.6 billion with annual revenues of over $962 million. With a combined staff of more than 6,900, this major force in real estate is meeting the local and global needs of owners, tenants, investors and developers worldwide. For further information, visit www.newmarkkf.com.