One of Long Island’s top multifamily developers is going through a breakup. Michael and Gary Broxmeyer are dividing Fairfield Properties amongst one another, Newsday reported. The rental firm will be split into two independent family offices; Michael is Gary’s nephew. A spokesperson for the company said the division would not affect tenants or employees, of which there are more than 400. No reason was given for the split, though, or how the family will go about deciding who gets what property. Gary controls the larger stake of Fairfield, a 61 percent share of the firm. He will run his business […]

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