September 30, 2016
Bay Shore, New York— September 30, 2016 — Mattone Group with partner Gartenstein
Properties completes the purchase of the ShopRite at Bay Shore, Long Island for $30 million. The partnership was in a 1031 exchange, having recently completed the sale of its residential apartment complex in Brooklyn, New York for $50 Million. The ShopRite location in Bay Shore is the acquisition leg of the exchange. Download PDF
August 31, 2016
Vernon Hills, Chicago— August 31, 2016 — Mattone Group with partner Gartenstein
Properties completes the purchase of the Mariano’s in Vernon Hills, Illinois for $36 Million. The71,248 square foot building located at 1720 N. Milwaukee Avenue is triple net leased to
Mariano’s, a division of Kroger, the largest grocer in the country. Download PDF
June 9, 2016
Brooklyn, New York— June 9, 2016 — Mattone Group with partner Gartenstein Properties has announced the sale of Bergen Gardens, a 144-unit residential garden style apartment complex in Bergen Beach, Brooklyn, New York for $50 Million. The complex was originally developed by the partnership in two phases; the first in 2004 and the second in 2006. The project was designed to provide middle-income work force housing under the NYC Housing Development Corporations (“HDC”) NEWHOP program. Download PDF
June 2, 2016
It’s being called the Mattone Family Institute for Real Estate Law for good reason.
Joseph M. Mattone Sr., 84 years old, is giving $3.5 million to St. John’s School of Law in honor of his family, career and love for his alma mater.
With the help of his penny-pinching parents and generous siblings, Mr. Mattone was the only one of nine siblings to complete college. He started at St. John’s Preparatory School, then graduated from St. John’s University in 1953 and its school of law in 1955.
Mr. Mattone, chairman of Mattone Group, LLC, a Queens-based real-estate development and construction company, is a member of St. John’s Board of Trustees. He also founded of the law offices of Mattone, Mattone, Mattone, Mattone, Mattone, Megna and Todd.
December 15, 2015
Springfield Gardens, Queens, NYó December 15, 2015 ó Mattone Group is pleased to announce the opening of the 64,000 square foot Stop & Shop food store in the shopping center formerly known as Pathmark Center (134-40 Springfield Boulevard, Springfield Gardens, NY 11413). Pathmark Center was originally developed in 1998 as a 96,000 square foot grocery anchored shopping center in Springfield Gardens, Queens. Located on the heavily trafficked corner of Springfield Gardens and Merrick Boulevard, the location quickly became one of Pathmarkís best performing stores in the region, with sales exceeding $50 Million per year. Download PDF
November 15, 2015
Westbury— November 15, 2015 — Mattone Group is pleased to announce the opening of the David’s Bridal store at its Roosevelt Raceway Center in Westbury, New York. The 15,000 square-foot store adds to an already dynamic mix of regional and national tenants at the Center and brings the Center to 100% occupancy. Download PDF
December 16, 2014
Westbury, New York— December 16, 2014 — Mattone Group Merrick LLC is pleased to
announce the acquisition of T.G.I. Fridays (“Fridays”) in Westbury, New York with its partner
Gartenstein Properties. This acquisition represents a sale-leaseback with Fridays for the location at 829 Merrick Avenue Westbury, NY. The restaurant sits on a three-acre site across the street from Mattone Group’s existing 427,000 square foot Roosevelt Raceway power center. Download PDF
December 23, 2014
Elmhurst, New York— December 23, 2014 — Mattone Group Elmhurst Co. LLC is pleased to
announce the grand opening of three new restaurants at its center adjacent to the Queens Center Mall. The three restaurants Olive Garden (8,297 SF), Joe’s Crab Shack (8,000 SF) and
Longhorn Steakhouse (8000 SF) have been developed on a former parking lot nestled between the Queens Center Mall and the Long Island Expressway. Download PDF
October 1, 2014
Westbury — October 1, 2014 — Mattone Group is pleased to announce the signing of the lease with David's Bridal for a location at its Roosevelt Raceway Center in Westbury, New York. The 15,000 square-foot store adds to an already dynamic mix of regional and national tenants at the Center and brings the Center to 100% occupancy. Download PDF
January 2, 2014
Joseph M. Mattone, Sr. the eponymous founder and Chief Executive Officer of the Mattone Group has been named "Man of the Year" by the Queens Courier. Download PDF
December 14, 2013
Westbury— 12-14-13 — Mattone Group is pleased to announce the grand opening of PGA TOUR Superstore in its Roosevelt Raceway Center (1254 Corporate Drive, Westbury, New York 11590). The 44,000 square-foot store is the first location in New York for PGA TOUR Superstore, and also the largest golf store in Long Island.
This golf superstore brings a new addition to an already exciting retail destination, which includes a 10-screen Loews Multiplex Theater, Home Depot, Fairway Market, Babies R Us, Chili’s, Applebee’s, Cozymel’s and nearly 1.2 million square feet of complementary retail and dining in the immediate trade area. Download PDF
October 30, 2013
Westbury – Mattone Group is pleased to announce it has secured $85 million in financing for its Roosevelt Raceway Center in Westbury, New York.
Acquired by a joint venture of Mattone Group LLC and Gartenstein Properties in 2008, Roosevelt Raceway Center is a 47-acre, 428,395 square foot power center in Westbury, New York. Easily accessible off the Meadowbrook Parkway and Old Country Road, the Center has over 2800 parking spots and is surrounded by 1.2 million square feet of complimentary retail. The Center’s dynamic combination of regional and national retailers include Home Depot, Babies R Us, Loews Multiplex Theaters, Michael’s Crafts, Fairway Market, Applebee’s and Chili’s among others. Download PDF
September 24, 2013
Mattone Group is pleased to announce the grand opening of Joe’s Crab Shack in its Roosevelt Raceway Center (1195 Corporate Drive, Westbury, New York 11590). The 7900 square-foot restaurant is the eighth Joe’s in New York. The new location will be open seven days a week from 11 a.m. to 2 a.m., and can accommodate over 300 guests.
April 5, 2013
Manhattan, NY Azure, the Upper East Side's development located at 333 East 91st St., has
reached the sales milestone of 75% of the 128 residences have now been sold. All remaining two, three and four bedroom homes are located in the building's "Tower Residences" which sit above the 21st floor. Download PDF
January 26, 2013
Mattone Group's lease of 68,357 square feet of space to Fairway Market at Roosevelt Raceway Center is the largest retail lease transaction of 2012 in Long Island. The lease was signed first quarter of 2012, and Fairway Market opened for business August 22, 2012. Download PDF
Back to Top...
February 6, 2014 – Joseph M. Mattone Sr. at the Stoler Report (Queens: A great place to live, work, shop & visit) Watch