LAKE SUCCESS, NY—Flushing Financial Corp., the parent holdingcompany for Flushing Bank, is planning to relocate its headquartersand consolidate its non-branch personnel into RXR Plaza, inUniondale.

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The financial concern has entered into a lease for over 90,000square feet of space. As part of that lease, the bank will open a1,200 square foot branch in the building to serve employees as wellas the numerous business tenants that occupy offices in thebuilding.

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Daniel Oliver and Ralph Perna of Newmark Grubb Knight Frankrepresented Flushing Financial. Jason Forte represented landlordRXR Realty in-house.

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Says John Buran, president and CEO of the company, "Overthe past year, as our business continued to grow and our currentlease nears its end, we recognized the need to identify a newheadquarters location to enable us to sustain this growth andprovide for the efficiencies and synergies that result from themajority of staff being under one roof.

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“Nassau County's strong real estate dynamics,” he continues, aswell as the commitment by local government and community entitiesweighed favorably in our decision to stay in Nassau County. Weworked closely with the Town of Hempstead Industrial DevelopmentAssociation on programs to support us in bringing over 250employees to their town. This convenient location also allowsus to stay connected with our branch network in the New York metroarea while we look to expand the Bank's footprint in Nassau andSuffolk counties."

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Rayna Katz

Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.