Real Estate

This year’s distinguished honoree is Julia Poli Pecora.

The Daniel Gale Foundation, the philanthropic division of Daniel Gale Sotheby’s International Realty, will be holding its Third Annual Outing on Monday, June 9 at the Huntington Country Club. The outing will offer a day of golf, tennis, and pickleball in support of the Foundation’s mission to benefit charitable causes across Brooklyn, Queens, Long Island, the North Fork and the Hamptons. Last year’s event achieved 110 percent of its goal, with more than $110,000 earmarked for multiple Long Island charitable organizations. 

This year’s distinguished honoree is Julia Poli Pecora, a Huntington native and Vice President of Partnerships at UBS Arena and the New York Islanders. Now in her sixth season with the team, Julia has played a pivotal role in the franchise, leading numerous revenue generating sales efforts. Julia’s work, which was pivotal to the successful opening of UBS Arena in November of 2021, continues to greatly benefit the organization. Most notably, Julia recently secured a long-term partnership with JetBlue Airways. 

A seasoned sports industry executive with 17 years of experience, Julia has held key roles  as an executive with the National Football League, Under Armour, and FOX Sports prior to joining the NY Islanders. 

“With heartfelt gratitude to our sponsors and attendees who made our first two events a success, we anticipate another opportunity to make a meaningful impact on our neighbors in need,” said Deirdre O’Connell, Daniel Gale Sotheby’s International Realty Chief Executive Officer and President of the Daniel Gale Foundation. “Our commitment remains steadfast – to support the communities we serve across Brooklyn, Queens, and Long Island.” 

Co-chairing this year’s event for the Daniel Gale Foundation are two of its board members, Melissa Stark, Sales Manager for Daniel Gale Sotheby’s International Realty’s Cold Spring Harbor, Huntington and Northport offices and Abby Sheeline, Senior Media & Communications Strategist in the corporate office. 

To register for or to sponsor the outing please visit 3rd Annual Daniel Gale Foundation Golf Outing.  

About the Daniel Gale Foundation

The Daniel Gale Foundation was established in 2022 as part of Daniel Gale Sotheby’s International Realty’s celebration of its centennial year. Charitable donations and community outreach have been integral to the fabric of the Daniel Gale organization throughout its history through donations totaling hundreds of thousands of dollars and hundreds of volunteer hours.

As its sphere of influence has grown, so has the reach of its community giveback. The Foundation was formed to consolidate and organize the considerable charitable giving and outreach efforts of the organization’s management, staff and real estate advisors to make an even greater impact. In the three years since its formation, the Foundation has donated the equivalent of 150,000 meals to Island Harvest and City Harvest food banks during Hunger Action Month®, supported Pink Aid in its fight against breast cancer, and raised more than $300,000 for local charitable organizations from Brooklyn to the North Fork and the Hamptons.

To learn more about the Daniel Gale Foundation or make a donation, please visit www.danielgalefoundation.org.

 

METRO photo

By Shannon L. Malone, Esq.

Shannon L. Malone Esq.

If you’re thinking of buying or selling a home anytime soon, it’s time to take note: the real estate rulebook has been revised. As usual, any revision results in additional conferring and completion.

In a landmark settlement finalized late last year, the National Association of Realtors (NAR) agreed to pay a whopping $418 million to settle claims that it helped keep real estate commissions artificially high. The changes that came out of that lawsuit aren’t just for the courtroom—they’re now working their way into everyday real estate deals, including right here in New York.

Even though NAR is a national organization, the New York State Association of Realtors (NYSAR) has agreed to follow suit. That means both buyers and sellers on Long Island will notice some new rules—and possibly new costs—when they enter the housing market.

So what’s changing?

Let’s start with the basics. Traditionally, the seller paid both their own agent’s commission and the buyer’s agent’s fee, typically 4% of the sale price in Suffolk and Nassau Counties. Those fees were typically split between the agents and baked into the transaction. Notwithstanding the rule change, this continues to be the practice—for now—although under the new rules, that structure is expected to shift.

Most notably, the buyer’s agent’s commission can no longer be advertised in the Multiple Listing Service (MLS)—the go-to database for real estate listings. That alone could shake up how properties are marketed and sold.

Buyers also face a brand-new requirement: before they can even tour a home with an agent, they’ll need to sign a formal written agreement. This agreement must clearly set out what the agent will be paid, how the fee is calculated (flat rate, hourly, or percentage), and—critically—that the terms are negotiable.

No more handshakes and “we’ll figure it out later.” These are binding contracts now.

The key takeaway? Call your attorney first

And here’s the part that cannot be overstated: before you sign anything with a broker—even just to start looking—consult a real estate attorney. These agreements are legal documents, and buyers are now expected to enter into them at the earliest stages of the home-buying process, often before they’ve even settled on a budget or location.

The language in these contracts can be complex, and the financial implications are significant. An attorney can help you understand the terms, negotiate provisions that may be unfavorable, and ensure you’re not committing to obligations you don’t fully grasp.

Why all the fuss?

The aim here is transparency—and fairness. One major concern raised in the lawsuits was the practice of “steering,” where some agents allegedly guided clients toward listings that offered higher commissions, rather than those best suited to the buyer. The new rules are designed to bring those incentives into the open.

A changing landscape—and the need for legal guidance early

If all this sounds a little confusing, you’re not alone. Many prospective buyers and sellers are just now learning about these changes. But the consequences of signing a contract prematurely or without fully understanding it can follow you throughout the transaction.

That’s why having an attorney in your corner from the outset—someone who is not working on commission and who is bound by law to act in your best interest—is more important than ever.

So whether you’re a first-time buyer or preparing to list a home you’ve lived in for decades, slow down, ask questions, and get the right professionals involved before you sign anything. Because in real estate, success isn’t just about finding the right house—it’s about making the right deal.

Shannon L. Malone, Esq. is an Associate Attorney at Glynn Mercep Purcell and Morrison LLP in Setauket. She graduated from Touro Law, where she wrote and served as an editor of the Touro Law Review. Ms. Malone is a proud Stony Brook University alumna.

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By Sabrina Artusa

Port Jefferson Station/Terryville Civic Association met on March 25 with Staller Associates Realty and its architect to discuss possible architectural designs for the Staller’s 280-unit, three-story apartment complex, which would replace the abandoned shopping center on Route 112, between Cherub Lane and Terryville Road. 

John Lewis from NELSON Worldwide, described as a “masters of suburban mixed-used development master plans” by Staller Associates Vice President Valentin Staller, presented three possible designs for the civic’s consideration. The three buildings were all angular, with long wrap-around balconies, large windows, discrete first-floor parking garages and glass elements. 

The first design was mostly brick with a “warehouse or mercantile kind of feel,” said Lewis, who was inspired by feedback about the Staller’s property in Farmingdale, The Lofts on Main; the second integrates more color and other textures and materials with sleek white columns, while the third is more geometric, contemporary and mostly white. 

“A more residential tone is more of a tone of exclusivity than inclusivity. A commercial feel allows people to feel welcome and draws them in,” Lewis said, saying later that the property will be a community center as people walk from store to store. 

Some residents repeated the complaint that it is reminiscent of Brooklyn and Queens; others thought it was trendy and would be popular among the younger generation; many wanted a more subdued, classic New England feel — something that would mesh more with Port Jefferson. 

While aesthetic discussion revolved mostly around feel, but some residents wanted specific elements such as a unique trim, no shutters or more cast stone.

“They are a little sterile. I like the idea of making it more farmhouse or colonial,” said a Port Jefferson resident. 

“We are the gateway to Port Jefferson…is there a way to make this more to that kind of perception?” asked another. 

Staller had previously lowered the building height at the request of the civic. The property will have a 25-foot setback, be 35-45 feet tall and will not include balconies in the back where the building faces a residential area as well as a larger buffer. 

PJS/Terryville Civic President Ira Costell appreciated the effort to involve the community, but was dissapointed with the renderings. He said a computerized model that displayed the depth and other aspects of the project would have given a “real sense of the feel of the place” and allowed for more effective communication in the future. The meeting which was attended by around 70 people and lasted 2 hours.”It is a starting point rather than ending,” Costell said.

Staller Associates President Cary Staller said construction will start in two to three years. He still intends to devote 20% of the units to people with disabilities, although he doesn’t have a price point per unit approximation. Staller Associates is still looking for vendors, and the civic responded with many suggestions, ranging from a health food grocery store to a bakery, a suggestion that was enthusiastically received. 

Bike lanes and sidewalks are part of the plan, and Cary Staller said he is trying to connect the bike lane to the existing lane. “We are going to have bike lanes from Terryville throughout the site and then to [the Greenway] and we think that will make the Greenway a lot more desirable,” Cary Staller said. 

Lewis said there will be some construction traffic but roads will remain open.