Category: Long Island

COVID-19 may provide RE taxpayers another chance to reduce taxes - by John Terrana and Gabriella Botticelli

COVID-19 may provide RE taxpayers another chance to reduce taxes - by John Terrana and Gabriella Bot...

April 13, 2020
New York property owners who routinely challenge their real estate taxes are probably familiar with the three-year moratorium that applies in many tax certiorari settlements. In all of New York State, excluding Nassau County and New York City, unless
Canzoneri and Mancini of Five Point Real Estate handle $2.7 million sale

Canzoneri and Mancini of Five Point Real Estate handle $2.7 million sale

April 7, 2020
St. James, NY Five Point Real Estate completed the sale of 417 North Country Rd., a free-standing Starbucks net lease investment property. The location, originally a former People’s Bank that had closed with two years remaining on their lease,
Hunt named executive vice president and  president-elect of Suffolk County Council BSA

Hunt named executive vice president and president-elect of Suffolk County Council BSA

April 7, 2020
Plainview, NY According to Hunt Corporate Services, Inc., David Hunt, president of Hunt, was named executive vice president of Suffolk County Council, Boy Scouts of America (BSA) at their annual business meeting.
Commercial Classroom: Cold calling - What do you say when you get the decision maker on the phone? - by Ed Smith

Commercial Classroom: Cold calling - What do you say when you get the decision maker on the phone? -...

April 7, 2020
Cold Calling: What do you say when you get the Decision Maker on the phone? Last month we discussed getting past the “gatekeeper.” Now you have. You are being connected to the Decision Maker
Cyber security considerations for businesses with employees working remotely - by Joseph Saracino

Cyber security considerations for businesses with employees working remotely - by Joseph Saracino

April 7, 2020
Even prior to the current COVID-19 pandemic, the number of businesses using remote workers was steadily growing. Working remotely does offer some advantages, but a remote workforce also introduces new cyber threats to an
IDA of the Month: Town of Brookhaven Industrial Development Agency closed 14 projects in 2019, $172 million invested

IDA of the Month: Town of Brookhaven Industrial Development Agency closed 14 projects in 2019, $172 ...

April 7, 2020
Farmingville, NY The Brookhaven Town Industrial Development Agency (IDA) had another robust year in 2019 with businesses committing to invest $172 million in projects in
P.W. Grosser Consulting acquires KGO Consulting

P.W. Grosser Consulting acquires KGO Consulting

April 7, 2020
Uniondale, NY P.W. Grosser Consulting, Inc. (PWGC) has acquired Uniondale-based KGO Consulting, Inc., the long-standing environmental and land consulting services provider headed by Kim Gennaro-Oancea, M.S., AICP CEP. This new partnership reinforces
Nassau County IDA gives preliminary approval of benefits for Cliffco

Nassau County IDA gives preliminary approval of benefits for Cliffco

April 7, 2020
Uniondale, NY According to Richard Kessel, chairman of the Nassau County Industrial Development Agency (IDA), the IDA has given preliminary approval to an application for economic benefits to
Terwilliger & Bartone Properties to redevelop Capri Lynbrook Motor Inn into class A apartments

Terwilliger & Bartone Properties to redevelop Capri Lynbrook Motor Inn into class A apartments

April 7, 2020
Lynbrook, NY Terwilliger & Bartone Properties, LLC revealed the redevelopment of the Capri Lynbrook Motor Inn located at 5 Freer St. will be named The Cornerstone at Yorkshire. Slated to begin construction this spring, The Cornerstone at Yorkshire
Hunt Corp. Commercial Real Estate Q&A: The ultimate tool in evaluating leases - by David Hunt

Hunt Corp. Commercial Real Estate Q&A: The ultimate tool in evaluating leases - by David Hunt

April 7, 2020
Q: We are in the process of deciding where to lease new office space and have several alternatives. What is the best way to financially evaluate two or more leases?
Hunt of Hunt Corporate acts for Anton Cerrone Assoc. in 13,605 s/f; Manoogian of CBRE represents tenant, LabCorp

Hunt of Hunt Corporate acts for Anton Cerrone Assoc. in 13,605 s/f; Manoogian of CBRE represents ten...

April 7, 2020
Plainview, NY According to Hunt Corporate Services, Inc., LabCorp has leased 13,605 s/f at 51 East Bethpage Rd. David Hunt represented the landlord, Anton Cerrone Associates while Matt Manoogian of CBRE,
Delisle of Island Associates negotiates $2.511m sale

Delisle of Island Associates negotiates $2.511m sale

April 7, 2020
Smithtown, NY Roger Delisle of Island Associates Real Estate Inc. negotiated and closed the purchase and sale of 306 US Highway 17-92 in Longwood, FL for $2.511 million.
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