X0304 4 2011-12-08 0 0000021828 COLONIAL COMMERCIAL CORP CCOM 0001295034 GOLDMAN MICHAEL 275 WAGARAW ROAD HAWTHORNE NJ 07506 1 0 1 1 Chairman of the Board Common Stock 2011-12-08 4 P 0 5000 0.25 A 1917242 I By Goldman Associates Common Stock 247009 D Convertible Preferred Stock Common Stock 91065 91065 D Mr. Goldman owns 48% of Goldman Associates of New York, Inc. ("Goldman Associates") and controls Goldman Associates. Goldman Associates owns 3,994,255 shares of common stock in Colonial Commercial Corp. (the "Company"). Mr. Goldman, through Goldman Associates, owns the pecuniary interest in 1,917,242 (48%) of these shares of common stock of the Company. Mr. Goldman, as president of Goldman Associates, has the sole voting and investment power over all 3,994,255 shares of common stock of the Company that are owned by Goldman Assocaites and is deemed to be the beneficial owner of these shares under Section 13(d) of the Securities and Exchange Act of 1934. Excludes 20,000 shares owned by Mr. Goldman's wife. Mr. Goldman disclaims beneficial ownership of said shares. One-for-one Immediately There is no expiration date for Convertible Preferred Stock. Michael Goldman 2011-12-12