Long Island’s East End real estate market is booming as sales volume increases with no signs of slowing down. Despite inventory hitting record lows, it seems that everyone wants a piece of the East End.
This is great news for our client, who owns a trucking and excavation company on the East End. The company provides demolition, land clearing, excavation, drainage, and sanitary system installation services and also specializes in all phases of site development. In addition to owning that business, our client was also a 50% partner in multiple LLCs that owned four East End commercial properties. CMM recently closed a transaction in which our client acquired his business partner’s membership in the LLCs, becoming the sole owner. Closing the deal required navigation of not just the myriad legal issues, but also the personal and emotional issues that often arise among business partners parting ways.
While “business divorce” is often challenging, CMM’s Donald Rassiger received these kind words from our client: “I can’t thank you enough for your help! It’s been a rocky road for sure, but the weight that’s been lifted was worth the wait. There are many people that are glad to finally be done with this chapter.”
With an office in Riverhead and a longtime presence on the East End, CMM represents East End clients ranging from towns and villages to small businesses in matters such as land use, municipal liability, and mergers & acquisitions.
Contact us today to learn more.