News: Long Island

Argenti and Glazer of Ripco rep ProHealth in 4,110 s/f lease; Delavale of Breslin reps landlord of shopping center

Joanne Argenti and Daniel Glazer of Ripco Real Estate represented ProHealth Care Associates in the negotiations of a 4,110 s/f space in the Willow Wood Shopping Center. Built as an upscale neighborhood center. Located between Wantagh Ave. and Jerusalem Ave. and Laurel Ln., The Willow Wood Shopping Center is anchored by Petco. The center has co-tenants such as Friendly's, Starbucks, Astoria Federal Savings Bank, NEFCU and Supercuts. Average household income within a one-mile radius is $125,772 and average population within a one-mile radius is 19,672. The average daily traffic count on Wantagh Ave. is 34,158 and the average daily traffic count on Jerusalem Ave. is 15,870. Robert Delavale of Breslin Realty Development represented the landlord. Ripco Real Estate Corp. was founded in 1991 as a boutique firm specializing in retail real estate in the New York Tri-State area. The goal of the company was to combine our expertise in both owner and tenant representation in a friendly, hard-working, and unconventional manner. Their success has been based upon forming long-term relationships, and by putting our clients' needs first. They pride themselves on providing the highest level of detailed information, enabling their clients to make educated decisions about their real estate needs.
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
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The evolving relationship of environmental  consultants and the lending community - by Chuck Merritt

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.