RexCorp gets on board Glen Isle development
As reported in Newsday 10/16/07
The partnership developing a billion-dollar, mixed-use project on Glen Cove's waterfront has just become a threesome.
Scott Rechler, chief executive of Uniondale-based RexCorp Realty, said yesterday he intends to team with Donald Monti and Michael Posillico's Glen Isle Partners Llc, the entity behind a controversial proposal to bring 16-story buildings to a once-contaminated stretch of waterfront on Glen Cove Creek.
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