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Deals & Dealmakers

Debt recovery firm RUI expands at Feil’s Long Island property

RUI Credit Services has taken an additional 11,834 s/f at the Melville Square Corporate Center, 1305 Walt Whitman Road in Melville, NY, announced The Feil Organization, the building’s owner and manager. Terms were not disclosed.

The company will occupy 30,845 s/f on the second floor of the building, located in Long Island’s corporate headquarters corridor on the border of Nassau and Suffolk Counties.

“The building’s fully redundant backup power was a key element in the deal, as was the availability of contiguous space for RUI’s expansion,” said Nicholas Forelli, director of Leasing for Feil.

“When RUI took its initial space, the company immediately realized it needed even more room to consolidate its employees from various offices under one roof,” Forelli added.

“Fortunately, we could accommodate that growth quickly in one of the most dynamic locations on all of Long Island.”

Feil acquired the 165,310 s/f building in September 2015. Built in 1955, 1305 Walt Whitman consists of three floors, two atria and amenities including a fitness center, café, and conference facility directly off exit 49 of the Long Island Expressway.

Other tenants include the American Institute of Physics, Merrill Lynch, and KPMG.

The complex is 30 minutes from LaGuardia, John F. Kennedy International and Islip-MacArthur Airports.

Richard Caputi of Cresa Long Island represented RUI, while Forelli and David Turino, Director of Leasing, represented Feil.

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