News: Long Island

Carello of KW Commercial arranges $850,000 sale

Rick Carello,
KW Commercial

Plainview, NY Rick Carello of KW Commercial completed the $850,000 sale of 811 Old Country Rd. The transaction was funded by private equity. The 3,559 s/f office building will be partly owner occupied. Carello represented the seller. The buyer was represented by SolHakimian and Sherry Hakimian of Daniel Gale Manhasset.

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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
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