News:
Long Island
Posted: March 2, 2021
American Investment Properties sells Williston Park prop. for $725,000
Williston Park, NY According to Ron Koenigsberg, CCIM, president and founder of American Investment Properties, the firm has completed the sale of 192 Hillside Ave. The sale price was $725,000.
The vacant property was the former home of Douglas Elliman Real Estate, and was sold to an undisclosed buyer who owns a logistics company.
The sale price equates to $268.51 per s/f.
Tags:
Long Island
MORE FROM Long Island
Suffolk County IDA supports expansion of A&Z Pharmaceuticals
Hauppauge, NY The Suffolk County Industrial Development Agency (IDA) has granted preliminary approval of a financial incentive package that will assist a manufacturer in expanding its business by manufacturing more prescription (Rx) pharmaceuticals in addition to its existing over-the-counter
Quick Hits
.gif)
.jpg)
Columns and Thought Leadership
The evolving relationship of environmental consultants and the lending community - by Chuck Merritt
When Environmental Site Assessments (ESA) were first part of commercial real estate risk management, it was the lenders driving this requirement. When a borrower wanted a loan on a property, banks would utilize a list of “Approved Consultants” to order the report on both refinances and purchases.