Category: Long Island

Understanding the different types of easements in commercial real estate - by Ron Koenigsberg

Understanding the different types of easements in commercial real estate - by Ron Koenigsberg

December 3, 2019
We created a video briefly discussing easements. In the video, we touched upon the definition, the affected estates, and where to go to find more information. Despite their prevalence, many people lack a clear understanding of easements.
Understanding licenses and leases – A three-part series: A “sign” of the times - by Darren Stakey

Understanding licenses and leases – A three-part series: A “sign” of the times - by Darren Sta...

December 3, 2019
This three-part series briefly examines the nuances of seminal New York cases concerning licenses, leases, and even easements, to assist the New York practitioner in more effectively utilizing all three tools in his or her regular practice.
Why your property must be taxed less than you think it’s worth - by Brad and Sean Cronin

Why your property must be taxed less than you think it’s worth - by Brad and Sean Cronin

December 3, 2019
From time to time, a property owner tells us that they did not grieve their property taxes because they believe they could sell their property for more than the assessed value. After explaining the benefits and legal obligations under which the
Question of the Month: What are PFAS? Forthcoming regulation and risk management for lenders - by Keith Brown, Michael DiLeo and Brianna Tibett

Question of the Month: What are PFAS? Forthcoming regulation and risk management for lenders - by Ke...

December 3, 2019
In the course of evaluating a potential lending transaction, both institutional and private lenders review a variety of metrics relating to both the borrower and the underlying collateral. The strength of a potential transaction will largely depend
Robust Long Island office and industrial sectors continue to bolster a strong market - by Lee Rosner

Robust Long Island office and industrial sectors continue to bolster a strong market - by Lee Rosner...

December 3, 2019
Coldwell Banker Commercial Island Corporate Services is pleased to present Long Island’s office and industrial market reports for the third quarter of 2019, compiled using CoStar Property statistics. Relatively low unemployment and
Emerging Contaminants and emerging trends: Impacts on Long Island’s drinking water supply - by Chuck Merritt

Emerging Contaminants and emerging trends: Impacts on Long Island’s drinking water supply - by Chu...

December 3, 2019
Over the past year, there has been much focus on the concept of Emerging Contaminants and how they impact the drinking water supply on Long Island. This new class is referred to as Per- and Polyfluoroalkyl Substances (PFOS/PFAS) and 1,4- Dioxane.
“Advanced Real Estate Investment Strategies” class offered by Schiovone on Dec. 16th

“Advanced Real Estate Investment Strategies” class offered by Schiovone on Dec. 16th

December 3, 2019
Oakdale, NY Carl Schiovone will be returning to the Long Island Board of Realtors (LIBOR) for his real estate investing classes These classes have been designed to assist the
Company of the Month: Lynx Mortgage Bank offers customers a simple “no surprises” approach to the mortgage process

Company of the Month: Lynx Mortgage Bank offers customers a simple “no surprises” approach to th...

December 3, 2019
Westbury, NY Lynx Mortgage Bank LLC was founded by a small group of mortgage and financial professionals in Long Island, seeking to offer their customers a simple “no surprises” approach to the mortgage process.
Mojo Stumer designs proposed Hicksville office building; Part of redevelopment and revitalization of downtown

Mojo Stumer designs proposed Hicksville office building; Part of redevelopment and revitalization of...

December 3, 2019
Hicksville, NY Mojo Stumer has completed its design work for 25-b Newbridge Rd. Part of the redevelopment and revitalization of downtown, this proposed
Pezza of NAI Long Island and Fiorini of Alliance Real Estate broker $1.6 million sale of 10,000 s/f in Huntington Station

Pezza of NAI Long Island and Fiorini of Alliance Real Estate broker $1.6 million sale of 10,000 s/f ...

December 3, 2019
Huntington Station, NY Gary Pezza, licensed real estate sales person of NAI Long Island, represented the seller, 55 Craven Realty LLC, in the sale of a 10,000 s/f industrial building located at 55 Craven St.
Commercial Classroom: 1031 exchange “basics” - by Edward Smith

Commercial Classroom: 1031 exchange “basics” - by Edward Smith

December 3, 2019
The sale of real estate held for more than 12 months triggers capital gains taxes on the net profits of that sale. These taxes may be deferred by participating in a 1031 tax exchange, in essence, by purchasing property(s) to replace the one(s) being
EW Howell Construction opens Orchard Estate with Benchmark Senior Living

EW Howell Construction opens Orchard Estate with Benchmark Senior Living

December 3, 2019
Woodbury, NY EW Howell Construction Group celebrated the opening of Orchard Estate of Woodbury, Benchmark Senior Living’s second assisted living community on Long Island.
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