News: Brokerage

Delisle of Island Associates completes long-term ground leases for Checkers Restaurants

Roger Delisle of Island Associates Real Estate Inc. successfully negotiated the long-term ground leases of pad sites for Checkers Restaurants at 7 Wheeler Rd., Central Islip and 1825 Brentwood Rd, Brentwood.  

The tenant is taking over previous Checkers buildings and spending the next several months updating equipment, the building and the sites and preparing them to re-open as Checkers Drive-Thru Restaurants. Both sites were previously occupied by a Checkers franchisee who is no longer in business, and both sites have been closed since March 2022.

The new tenants are investing significant capital into refurbishing both sites and plan to have a grand opening within the next few months. The tenants are operators of several restaurant concepts including Checkers Restaurant sites in Queens, Nassau and Suffolk, and bring their vast experience as Checkers operators to Brentwood and Central Islip.    

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
A guide to finding the right NYC property management company - by Sanjay Gandhi

A guide to finding the right NYC property management company - by Sanjay Gandhi

Being a small to midsize landlord in NYC is an increasingly demanding endeavor. From navigating complex regulations, increased compliance demands to dealing with tenant issues and remediating violations. It is wise to enlist the assistance of a partner, a professional
Positive forecast for New York’s pro-housing push? - by Philip Butler

Positive forecast for New York’s pro-housing push? - by Philip Butler

New York’s housing crisis remains a hot button topic despite growing consensus that varied and affordable housing is desperately needed statewide. Governor Hochul has recently introduced several initiatives to overcome N.Y.’s anti-housing
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of