News: Brokerage

G2D Group officially opens The Shipyard

Riverhead, NY August 18, 2022 marked the official opening of The Shipyard, located on the boardwalk in the center of downtown. A four-story residential building consisting of 36 luxury units, The Shipyard is the newest property developed by the Huntington-based G2D Group.

The complex includes numerous amenities and conveniences -- including, but not limited to, 24-Hour video surveillance, "Smart" Key Fob entry controlled from the resident's own mobile phone, a private parking lot, and concierge services including cleaning, handyman, and dog walking. Inside each unit are interior finishes such as slab stone backsplashes, Quartz countertops, Stainless Steel professional-grade appliances, wine refrigerators, walk-in closets, and in-unit washers and dryers. Other touches include LED lighting, bathrooms with stall showers and soaking tubs, and high ceilings. In select residences, private balconies provide views of the Peconic River. The building also offers a rooftop lounge, business center and private gym for residents.

For more information about The Shipyard, please call 631-315-9633 or email [email protected].

 

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

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,

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.