Properties
Today Gyrodyne owns, manages, and leases four properties: two in eastern Long Island, one in upstate New York, and one in Northern Virginia. In addition, the company has a limited partnership investment in a citrus grove called the Callery-Judge Grove, located in Palm Beach County, Florida.
Flowerfield is the location of Gyrodyne's headquarters and is the former site of the helicopter manufacturing facility. It is located in Saint James, New York, 50 miles east of New York City. Flowerfield is a 68 acre property with 127,062 square feet of rentable space zoned primarily for light industry. Initially more than 300 acres, most of the Flowerfield property was taken by SUNY Stony Brook under eminent domain in 2005.
In June 2007 the company acquired ten buildings in the Port Jefferson Professional Park in Port Jefferson Station, New York. These buildings are situated on 5.16 acres wih 39,329 square feet of rentable space.
Cortlandt Medical Center in Cortlandt Manor, New York was acquired by the company on June 2 2008. It contains five office buildings which are situated on 5.01 acres with 31,198 rentable square feet. The company also acquired land around this site, including a 16,000 square foot house located on 1.43 acres, and 2,500 rentable square feet on 1.6 acres.
Fairfax Medical Center was acquired on March 31 2009. It consists of two office buildings situated on 3.5 acres with 57,621 square feet of rentable space.
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Famous quotes containing the word properties:
“A drop of water has the properties of the sea, but cannot exhibit a storm. There is beauty of a concert, as well as of a flute; strength of a host, as well as of a hero.”
—Ralph Waldo Emerson (1803–1882)
“The reason why men enter into society, is the preservation of their property; and the end why they choose and authorize a legislative, is, that there may be laws made, and rules set, as guards and fences to the properties of all the members of the society: to limit the power, and moderate the dominion, of every part and member of the society.”
—John Locke (1632–1704)