Long Island
Groothuis & Co. arranges $4.5 million financing for 23-unit 249 E Park Ave. apartment building
Long Beach, NY Michael Groothuis, president of Groothuis & Co., arranged $4.5 million in permanent financing on a 23-unit, four-story elevator building at 249 E Park Ave. The loan was closed with a bank at a 5.44% rate, fixed for 10 years.Forchelli Deegan Terrana LLP's Forchelli named a Long Island Business Influencer in Law
According to Forchelli Deegan Terrana LLP, Jeffrey Forchelli, the firm’s chairman and co-managing partner, on being selected as one of Long Island Business News’ Long Island BusinessPWGC hires Colabufo and Kirby
Steve Colabufo and Eddie Kirby, PE have joined PWGC. Their additions will strengthen the capabilities of our Environmental Division and Environmental Compliance DivisionKoenigsberg of American Investment Properties negotiates $800,000 sale of 218 Broadway
Bethpage, NY Ron Koenigsberg of American Investment Properties (AIP) listed and sold 218 Broadway, a 4,267 s/f converted residence to office building, for $800,000. The property was completely remodeled in 2006. There is signage in front of the buildingGanz joins Kaufman Dolowich as construction practice partner
Woodbury, NY Kaufman Dolowich law firm has hired Michael Ganz as a partner. Ganz joins the firm’s construction law practice group, bringing more than 20 years’ experience focused almost exclusively in matters of construction law.Hunt Corp. commercial real estate question and answer: Fundamentals in negotiation - by David Hunt
Q: Once we have found the building we want to purchase, what is the best way to start negotiations? A: Entire books have been written about the art of negotiating, so I can share only a few of the strategies that have helped me negotiate advantageous transactions for our clients.
Bayport Funding appoints Bar-Mashiah as chairman and Kaufman as CEO
Great Neck, NY Bayport Funding has appointed new leadership roles for its executive team. CEO and co-founder Ami Bar-Mashiah will now serve as the firm’s chairman, and president Marcia Kaufman will serve as CEO.
