News: Long Island

Georgatos of Island Associates arranges 700 s/f lease

Arche Georgatos,
Island Associates

 

420 Wantagh Avenue - Bethpage, NY

 

Bethpage, NY Arche Georgatos of Island Associates represented the tenant, Boutique Outlet and landlord, 420 Wantagh Avenue Inc., in the lease of 700 s/f at 420 Wantagh Ave. This space will become Boutique Outlet’s second retail clothing store in New York. Boutique Outlet plans on joining Izumi Japanese Asian Bistro, Q Q Nails, Bethpage Bagels, Vape’N Haven, and the Laundromat.

Island Associates, a commercial real estate brokerage and management firm provides a full range of services for institutions, investors, developers, retailers and owners of commercial, retail and multifamily properties. 

They believe superior management is the cornerstone of a property’s competitive stand and long term value. Their commercial brokerage and management team offers extensive experience with the operational, marketing, tenant representation and financial expertise to increase profitability and to add value to the properties we manage. 

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.