Islip, NY Roger DeLisle of Island Associates represents Metro Data & Mailing, a net web based company representing medical professions worldwide. Connecting the medical profession in an open forum to communicate globally. They have expanded so that they now lease a total of 12,772 s/f. Island represented landlord and tenant with aggregate rental of $1.2 million for a 7 year term for premises located at 181 Freeman Ave.
Island exclusively represented the landlord for 80,000 s/f at this location.
New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,