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Chang of Highcap Group sells 82-room Comfort Inn Hotel for $14 million
Syosset, NY Highcap Group has negotiated the sale of the Comfort Inn Hotel located at 24 Oak Dr. for $14 million. Senior director, Charles Chang represented the seller and purchaser in this transaction. This is the first time the property has traded hands since it was originally developed in 1989.
Simone Development Companies renews 23,021 s/f lease with Northwell Health
Lynnbrook, NY Simone Development Companies has signed a long-term lease renewal with Northwell Health, Inc. for the entire three-story, 23,021 s/f medical office property located at 733 Sunrise Hwy.
Metro Realty Services handles three sales totaling $4.65 million
Lindenhurst, NY Jeremy Hackett and Andrew Blumenthal of Metro Realty Services, LLC sold 10,023 s/f at 633 N Queens Ave. to V&J Auto for $2.65 million. Hackett and Blumenthal represented the seller, Frank and
Hempstead Industrial Development Agency gives preliminary OK for Floral Park project
Floral Park, NY Fred Parola, CEO of the town of Hempstead Industrial Development Agency (IDA) said the agency granted preliminary approval to a package of economic development incentives that will assist a developer
Huszar joins Forchelli Deegan Terrana as partner
Uniondale, NY Thomas Huszar has joined Forchelli Deegan Terrana’s (FDT) corporate and mergers & acquisitions practice group as a partner. Huszar is an experienced business attorney with a diversified corporate
Hunt Corp. Commercial Real Estate Q & A: Cashing in your chips - by David Hunt
We have owned a 50,000 s/f warehouse building that houses our distribution business for many years. What is the best way to unlock the equity in the building in this hot real estate market?
Levin Management Corp. brings Bubbakoo’s Burritos to Old Bridge Plaza
Hicksville, NY Bubbakoo’s Burritos is coming to Old Bridge Plaza. The 1,200 s/f lease brings the retail property to 100% occupancy. Levin Management Corp. (LMC) serves as exclusive leasing and managing agent for Old Bridge Plaza, located at 180 West Old
Martielli joins Twomey Latham as special counsel
Riverhead, NY Marina Martielli has joined Twomey, Latham, Shea, Kelley, Dubin & Quartararo, LLP as special counsel. She concentrates her practice in civil litigation, land use and zoning, divorce and family law,
Samanea New York signs lease with “Distanced Together”
Westbury, NY Samanea New York located at 1500 Old Country Rd., has signed a six-month lease with “Distanced Together” an immersive musical experience featuring a virtual ensemble of 60
Fibbing to municipal boards: A cautionary tale - by Gregory Kalnitsky
There are times when it can be tempting to make certain representations to municipal authorities to facilitate procuring an approval. If untrue, they may come with some devastating consequences. In Caspian Realty, Inc. v. Zoning Bd. of Appeals of Town of Greenburgh
Evernest Commercial R.E. leases 5,004 s/f to Toast Coffee + Kitchen at TRITEC’s Station Yards
Ronkonkoma, NY Toast Coffee + Kitchen is set to open a new location at the Station Yards, the mixed-use development situated at the local train station. The 5,004 s/f lease agreement was facilitated by broker and founder Allen Boulos, Richard Cardona, Matthew Sullivan, and Scott Schneider of Evernest Commercial Real Estate,
