Long Island - December 9-22, 2014

Greenberg of ERG closes on $6.562 million sale of TGI Friday's; 10,194 s/f free-standing property located at 829 Merrick Avenue
ERG Property Advisors (www.ergpa.com) has closed on a 10,194 s/f TGI Friday's at 829 Merrick Ave. TGI Friday's Inc. generates well over $2.7 billion in annual ...

Perna of Newmark Grubb Knight Frank brokers $5 million sale of 130,000 s/f building to Reiko Wireless
Ralph Perna, executive managing director of Newmark Grubb Knight Frank, has completed the $5 million sale of 350 Carleton Ave. The property consists of a130,000 ...

Whelan and Gorga of Fantini & Gorga arrange $21.5 million permanent loan for Miller Place Shopping Center
Fantini & Gorga has closed a $21.5 million permanent loan on Miller Place Shopping Center. The property is anchored by a Stop & Shop, which ...

Monthly Q&A with Hunt of Hunt Corp. - Property Sparkle on a Budget
Q: I have a building for lease. I want to make the property attractive for tenants but have a limited budget. Where do I start? A: ...

Cotsalas and DesRochers of NorthMarq secure $21.5m loan
Charles Cotsalas, senior managing director of NorthMarq Capital's Long Island based office and Ernest DesRochers, senior vice president/managing director of NorthMarq Capital's New York metro ...

Island Associates arranges three leases - 16,069 s/f
Island Associates Real Estate, Inc. has arranged three leases totaling 16,069 s/f. In the first deal, Island Associates secured Dollar Tree in a 10,200 s/f ...

Nelson joins Rochlin to lead capital markets group
The Rochlin Org. has established a capital markets group focused on investment sales and has hired Bruce Nelson to lead the new unit. Nelson, who since ...

Cohen of Ashlind Properties arranges two sales totaling $6.9 million
Richard Cohen, president of Ashlind Properties has arranged two sales totaling $6.9 million on behalf of Carson Optical Inc. in Hauppauge and Ronkonkoma, allowing the ...

Hunt of Hunt Corp. arranges 10,698 s/f lease
According to Hunt Corporate Services, Inc., Garden OB/GYN has leased 10,698 s/f of office space at 131 East Ames Court. David Hunt of Hunt represented ...

Onyx leases 11,330 s/f to BPA at 900 Stewart Avenue
Onyx Equities, LLC has completed a new, long-term lease with BPA International, a global provider of call center solutions. The company will occupy 11,330 s/f ...

Conference held on economic incentives for businesses; Presented by Hunt, Manetta and Cohen
On Wednesday, October 29th, Anthony Manetta, Steven Elliot Cohen and David Hunt presented, "How to Secure the Economic Incentive Benefits Your Company Deserves," at a ...

Mayer CPAs: Reshaping the way accountants work with real estate businesses
The real estate industry has gone through a number of changes since the market crashed in 2008. Many properties were lost due to the high ...

Deciphering Nassau County: A break down all of its towns, villages, and hamlets
As part of our American Investment Properties (AIP) monthly newsletter articles, we sometimes share detailed information specifically regarding the Long Island history and/or landscape. Some ...

ASTM E1527-13 Phase One Environmental Site Assessment standard celebrates one-year anniversary
Released on November 6th, 2013, and ratified by the Federal Environmental Protection Agency (EPA) on December 1st, 2013, the American Society of Testing Materials (ASTM) ...

Executive of the Month: Hoffman, senior partner at Janover LLC - Has always possessed a keen interest in real estate
The New York Real Estate Journal recently sat down with Alan Hoffman, senior partner at Janover LLC, for a question and answer session. Q: How and ...

Property of the Month: The Matrix Group completes $5 million renovation of its 13-building, 400,000 s/f Matrix Corporate Park
In just one year The Matrix Group's CEO Glen Nelson and Enrico Scarda and their team completed a $5 million renovation on the former Long ...

New tools for the toolbox: What's really new about cross-media marketing?
As I look at the end of this year and get ready for the next, I think about what to improve upon or do a ...

Nassau County to pay property tax refunds, but landscape remains complicated and ever-changing
Many owners in Nassau County who successfully protested their property taxes have been waiting for quite some time to receive their refund check. For some, ...

Canstruction Long Island 2014 design competition collects 28,052 cans of food; Has donated 290,000 cans over eight years
On October 23rd, the winners of Canstruction Long Island 2014's annual design competition were awarded at its awards reception held at RXR Plaza. Eight teams ...

Racanelli Construction to build new Marriott Hotel in Westbury
Racanelli Construction Company, Inc. has been awarded a contract to build a new six-floor Marriott Hotel. Racanelli is serving as the construction manager on the ...

Pliskin brokers four retail leases totaling 5,050 s/f
Pliskin Realty & Development has brokered four new retail leases totaling 5,050 s/f in Nassau County. They were as follows: * A 10-year lease for 1,600 ...

Harwood of NYCRE arranges 20,000 s/f lease
Robert Harwood, executive VP of New York Commercial Real Estate (NYCRE), has completed the seven-year lease of a 20,000 s/f mixed-used property. The office/residential center ...

Amper of Pine Barrens Society of Long Island speaks at LIMBA meeting
Richard Amper, environmental activist and founder of the Pine Barrens Society of Long Island spoke at a recent Friday LIMBA meeting at the Clarion Hotel ...

BBAC hosts 10th Building Business in Brookhaven Expo
On October 30th, the Brookhaven Business Advisory Council (BBAC) hosted its 10th Annual "Building Business In Brookhaven Expo" at town hall and broke all previous ...

Mayer CPAs to hold their first annual toy drive
Mayer CPAs' will hold their first annual toy drive, which will collect toys for sick children at North Shore LIJ Cohen's Children's Hospital. The toy ...

Schoshenko of Property Management Advisors addresses LICN members
On November 25th, Jim Schoshenko of Property Management Advisors spoke to the members of LICN. Schoshenko offers training and support for facility managers and property ...

Meet the LICN Member - Ira Zucker
‚ÄčIra Zucker, a licensed sales agent, Coldwell Banker Commercial NRT and assists clients with their needs while maintaining the highest professional standards and highest level ...

CoreNet Long Island holds Breakfast Meeting on November 20th, Event Moderated by Benrubi of AJS Cap
The CoreNet Long Island chapter held their Breakfast Meeting on Thursday, November 12th at the Milleridge Inn. The topic was "Repositioning and Redeploying Industrial Properties ...

01-22-2015 - LIREG/LIREG W to hold professional women networking event
The Long Island Real Estate Group (LIREG)/LIREG W present a networking event for professional real estate women on January 22nd from 6 to 9 p.m. ...

12-11-2014 - BOMA Long Island to hold Holiday Party at Bethpage Golf Course; To hold two seminars in 2015
BOMA Long Island will hold their Holiday Party at Carlyle on the Green at Bethpage Golf Course. The event will be held on December 11th ...

Suffolk County is one of the first in NYS to adopt model geothermal code
The Long Island Geothermal Energy Organization (LI-GEO) and the Suffolk County Planning Commission were congratulated for their efforts in producing and initiating the adoption of ...

Meet the USGBC Member - Tammy Cunha
Tammy Cunha, LEED AP-BD+C, project manager at P.W. Grosser Consulting and the ...

Weiss of T. Weiss Realty leases 4,266 s/f to Astoria Bank
T. Weiss Realty Corp. has signed a lease that will bring an Astoria Bank branch to the area. Lake Success-based Astoria Bank, formerly Astoria Federal ...

Farmingdale partners with county for open space purchase of 171 acres in Carmans River Watershed
On November 19, supervisor Ed Romaine and councilwoman Connie Kepert joined Suffolk County officials, environmental leaders and civic members to announce the open space purchase ...

Metro Realty Services closes deals in the 3rd quarter/early 4th quarter of 2014
Metro Realty Services, LLC, a Farmingdale-based commercial real estate firm, closed the following deals during the 3rd quarter/early 4th quarter of this year: The following ...