Steel Equities has found new uses for other properties on East Second Street, most notably the former home of defense manufacturer A. Allen Co. That project was awarded 20 years of tax breaks in and is now fully occupied by new tenants, said Daniel P. Responding to questions from Newsday, Richard Hollingsworth, chief financial officer of Great Neck Saw, said the company "is not moving from Long Island.
He said, "When the sale of the buildings is completed, we will make a decision to either lease space back from Steel Equities or move to another location on Long Island.
The manufacturer of hand tools used in construction and automobile repair is selling the Mineola properties after reducing its production activity because of competition from rivals in Asia.
It also has operations in Massachusetts and Tennessee. James T. Madore writes about Long Island business news including the economy, development, and the relationship between government and business. He previously served as Albany bureau chief. Real Estate Technology Cars Columns.
Garage sales matching "tools" in Great Neck. Selling The House Featured Estate Sale Thu, Jan Fri, Jan 14 - Sun Jan Buckingham Estate Sale North Stamford Thu, Jan 13 - Thu Jan The best list of sales in Great Neck YardSales.
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