Long Island

Broadhollow Road Hotel and Chartwell Hotels hold ribbon cutting for 143-room residence inn

Melville, NY Broadhollow Road Hotel, LLC and Chartwell Hotels celebrated the opening of the Residence Inn by Marriott Melville, located at 500 Broadhollow Rd. The four-story, 143-suite hotel blends design with residential-style comfort.

Brookhaven IDA closes on rental senior housing

East Moriches, NY Frederick Braun III, chairman of the town of Brookhaven Industrial Development Agency (IDA) said that the agency has closed on a package of economic incentives for a proposed 70-unit rental senior housing community, to include both affordable

SCALE Lending issues $460 million loan for downtown Miami development

Miami, FL SCALE Lending, the debt financing arm of Slate Property Group, has finalized a $460 million cross-collateralized facility for the Namdar Group (Namdar) for two 43-story multifamily buildings located in downtown.

Mojo Stumer revives neglected
Wego Chemical office building

Great Neck, NY Mojo Stumer Associates unveiled its latest project, Wego Chemical headquarters at 277 Northern Blvd. The redesign re?ects the company’s forward-thinking brand while elevating both form and function through innovative, modern architecture.

Densen and Mayor of Island Associates sell
8,000 s/f restaurant for $3.2 million

Manorville, NY Lawrence Densen and Chris Mayor of Island Associates Real Estate negotiated the sale of the 8,000 s/f restaurant on 2.2 acres, at 475 County Rd. 111. The property was purchased by a franchise food operator for $3.2 million. This property is located near the Long Island Expwy.,

Cronheim Mortgage secures $15.95 million permanent
loan for Riverhead Medical Office Park

Riverhead, NY Cronheim Mortgage has secured $15.95 million of financing for the acquisition of a medical office park. Andrew Stewart and Brandon Szwalbenest of Cronheim Mortgage, in conjunction with Gregg Singer of Singer Financial, placed the financing with one of Cronheim

Green Acres Mall renovations moving forward

Valley Stream, NY Green Acres Mall, one of the largest projects undertaken by the Town of Hempstead Industrial Development Agency (IDA), is moving forward with new construction and new leases, efforts that will boost employment in the shopping center.

The Commercial Classroom: Planning - It’s all about the numbers - by Edward Smith Jr.

As you head towards the end of the year it’s time to reflect on how you did with our business goals for 2025. Did you fulfill your business plan and accomplish your goals? If your answer is yes, you had a great year. Or if no, a new question, why not? Self-assessment is not easy but

Hunt Corp. Commercial Real Estate Q&A: Lease enhancements - by David Hunt

Question: We are planning to lease a larger manufacturing facility on Long Island. Our broker says the landlord is going to require “lease enhancement”. What does this mean, and how should it be negotiated?

The State Environmental Quality Review Act 2025 (SEQRA) proposed amendments - by Taylor Gonzalez

The State Environmental Quality Review Act, commonly referred to as SEQRA, is a state law that requires government agencies to assess the potential environmental, social, and economic impacts of a project to ensure balance and to protect the environment. In early 2025, the New York State Department of