Garden City, NY
Holliday Fenoglio Fowler, L.P. (HFF) has closed the $11.468 million sale of a 16,920 s/f outpatient imaging facility that is triple net master leased to the New York University School of Medicine in the Long Island community.Plainview, NY
Rechler Equity Partners hosted its annual award ceremony to honor the real estate brokers who contributed to the company’s continued growth throughout 2018. The event— held at Rechler Equity’s headquarters — brought together individuals...Long Island, NY
CBRE has completed the $472.5 million sale of a seven-property portfolio in Nassau and Suffolk Counties. The CBRE team of Jeffrey Dunne, Gene Pride and Eric Apfel, along with Alexander Virtue of CBRE Capital AdvisorsUniondale, NY
Louis Fiore has joined the law firm of Forchelli Deegan Terrana as a partner in the real estate and industrial development agency (IDA) practice groups, according to Jeffrey Forchelli, managing partner of the firm.
New York-based Triangle Equities has launched sales at Kensington Estates, a 55-and-over exclusive community. The sales office is located on the corner of Jericho Tpke. and Plainview Rd., and its opening comes on the heels of construction beginning in mid-December. Farmingdale, NY
The town of Brookhaven Industrial Development Agency (IDA) had another strong year in 2018 with businesses committing to invest $344 million in projectsHauppauge, NY
According to Hunt Corporate Services, Inc., Chembio Diagnostic Systems has leased a 70,000 s/f building at 555 Wireless Blvd. David Hunt of Hunt Corp. represented Chembio.
Often a lease will have an option for renewal by the tenant. If the option is exercised the broker is usually entitled to an additional commission. But what happens if the building is sold before the option becomes due?
Sahn Ward Coschignano, PLLC has promoted Kyle Lawrence to partner and hired Joseph Brees as a new associate.Plainview, NY
According to Hunt Corporate Services, Inc., David Hunt, president of the firm, has been honored with the Long Island Business News “Citizenship Award – Real Estate Professional.”