Category: Long Island
Lally joins FDT’s construction practice as partner; Was previously of counsel at law firm
October 1, 2019
Uniondale, NY Forchelli Deegan Terrana LLP (FDT) has welcomed Robert Lally to its construction practice group as a partner. Prior to joining FDT, Lally, a Bethpage resident, was of counsel at a Bethpage-based law firm.
Five Point Real Estate arranges two sales totaling $3.815 million and a 5,739 s/f lease
October 1, 2019
Brookhaven, NY Five Point Real Estate has arranged three deals that include two sales totaling $3.815 million and a 5,739 s/f lease. The deals include the following:
Weiss of T. Weiss Realty reps landlord and tenant in 6,000 s/f office lease
October 1, 2019
Melville, NY According to T. Weiss Realty Corp., a family-owned developer, landlord and manager of commercial real estate, Sphere, a payments technology and software company, has relocated and expanded its executive offices within its 500,000 s/f office portfolio.
Hunt Q&A: Harnessing the brokerage community
October 1, 2019
Q: I have vacant space available in an office building that I want to lease out. What is the best way to work with brokers? Should I be hiring an exclusive agent?
A: While no one broker makes a substantial percentage....
The importance and value of an effective mentorship - by Ron Koenigsberg
October 1, 2019
Most people would agree that in their professional lives they have experienced and engaged in some form of mentorship. In fact, in recent research done by Kabbage, a small-business investment loaner, they found that 92% of small business...
Carello of KW Commercial arranges $850,000 sale
October 1, 2019
Plainview, NY Rick Carello of KW Commercial completed the $850,000 sale of 811 Old Country Rd. The transaction was funded by private equity. The 3,559 s/f office building will be partly owner occupied.
Ferraro and Forbes of Daniel Gale Sotheby’s broker $6.175 million sale; 14-room Gansett Green Mano...
October 1, 2019
Amagansett, NY Daniel Gale Sotheby’s International Realty, has handled both sides of the $6.175 million sale of Gansett Green Manor. Lisa Ferraro and Dana Forbes of Daniel Gale Sotheby’s International Realty listed and sold...
Colliers reps Woodmont Industrial in acquisition of 130,565 s/f property
October 1, 2019
Shirley, NY Woodmont Industrial Partners has acquired 100 Precision Dr., a community in the town of Brookhaven on the South Shore of Long Island. The property, a 130,565 s/f industrial property, is located less than a half mile...
Acevedo, Lagattolla, Merrill and Tang join P.W. Grosser Consulting team
October 1, 2019
Bohemia, NY To meet increasing demand for its services, P.W. Grosser Consulting, Inc. (PWGC) the firm has hired Jayce Acevedo, Rich Lagattolla, Matthew Merrill, and Li Tang. As new associates, Lagattolla and...
Habitat for Humanity of Suffolk builds 200th home with CEOs, top executives and employees in Wyandan...
October 1, 2019
Wyandanch, NY For more than 30 years, Habitat for Humanity of Suffolk has built homes and transformed lives and communities. To celebrate a legacy of building stable foundations for families in LI neighborhoods...
Commercial Classroom: Open real estate listings - by Edward Smith
October 1, 2019
Should a broker/agent take an open listing? Let’s begin by understanding the three different types of listings. There are three basic forms of commercial real estate listing agreements: Exclusive right, exclusive agency or open. These may apply to sales, leases or exchanges or all possibilities in one form.
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