Category: Long Island
New York Court of Appeals case flips over tax grievance challengers - by Keith Brown and David Perni...
November 5, 2019
The New York Court of Appeals recently decided a case which will dramatically change the requirements for initiating review of real estate tax assessments, triggering additional concerns that property owners in NYS should consider when drafting lease agreements. In Larchmont Pancake House v. Bd. of Assessors...
How renewables and green technologies mitigate commercial real estate natural gas moratorium - by Na...
November 5, 2019
Renewable and green technologies continue to aggressively integrate and expand throughout the commercial real estate private sector and structured in various asset procurement, investment, and power conservation or cash-flow related assets. From a macro consideration, the industry has...
Commercial Classroom: Cap on carbon emissions - by Edward Smith
November 5, 2019
NYC has passed the most ambitious legislation in the world to reduce carbon emissions in buildings; Local Law 97, a part of the Climate Mobilization Act was made law on May 18th. This law creates Carbon Emissions Limits for all NYC buildings over 25,000 s/f. Oil, natural gas and coal are called fossil fuels...
Long Island chapter of Appraisal Institute holds seminar - Sept 25th; With Suffolk Academy of Law, S...
November 5, 2019
Hauppauge, NY The L.I. chapter of the Appraisal Institute and the Suffolk Academy of Law, Suffolk County Bar Association Condemnation and Tax Certiorari committee presented a joint three-hour seminar, “Condemnation and Tax Certiorari.” The seminar provided a panel of appraisers
Engel Burman Group executives discuss South Florida expansion plans with CIBS members
November 5, 2019
Syosset, NY Executives of one of L.I.’s largest developers of senior housing told the Commercial Industrial Brokers Society of L.I. (CIBS) that a combination of factors, including a cutoff of new natural gas supplies, the prospect of a state prevailing-wage law, rent control...
Zere family hosts judge Pirro book signing party
November 5, 2019
Smithtown, NY The Zere family hosted a book signing party for celebrity judge Jeanine Pirro at their family home. David Zere was the official host and chef for this event. The event was attended by the local community, business leaders and politicians from Long Island...
TRITEC breaks ground on $103 million Lindenhurst apartment project; Team includes: BHC, EMTEC, MRA, ...
November 5, 2019
Lindenhurst, NY TRITEC Real Estate Company held a groundbreaking ceremony for The Wel, a 260-unit apartment complex on a 7-acre lot located across the street from the LIRR Lindenhurst Train Station and a few blocks east of Wellwood Ave. (Min St.)
English of Netter Real Estate named Realtor of the Year by the New York State Association of Realtor...
November 5, 2019
Verona, NY The New York State Association of Realtors has honored Liz English as the 2019 Realtor of the Year during the association’s recent Fall Business Meetings at Turning Stone Resort & Casino. She is the 62nd recipient of the Realtor of the Year award, which...
ALA – Long Island chapter presents new 2019-2020 board of directors
November 5, 2019
Uniondale, NY The Association of Legal Administrators (ALA) – Long Island chapter unveiled its 2019-2021 board of directors. The board includes the following: President: Virginia Kawochka, administrator at Forchelli Deegan Terrana LLP (FDT).
Autism Communities holds its First Annual Gala at The Garden City Hotel
November 5, 2019
Deer Park, NY Autism Communities, a not-for-profit agency that was formed to provide housing for individuals with autism that facilitates an independent, safe and inclusive living environment, recently held its First Annual Gala at The Garden City Hotel, where it honored Bruce Mosler...
Weiss of T. Weiss Realty leases 5,636 s/f to Hotaling Gallo in Melville
November 5, 2019
Melville, NY According to T. Weiss Realty Corp., Hotaling Gallo, a full-service insurance brokerage, has leased 5,636 s/f of office space and has relocated from Commack. Hotaling Gallo, a unit of The Hotaling Group, moved into Melville Corporate Center I, 105 Maxess Rd.
Masson of SCG Retail brokers $2.5 million sale of 5,000 s/f property; Colantonio of Schuckman Realty...
November 4, 2019
Syosset, NY SCG Retail has completed the sale of a stand-alone building for $2.5 million. The 5,000 s/f building is located at 220 Jericho Tpke., a former MIDAS location. According to the SCG Retail broker who represented the purchaser, Nick Masson, "This buyer is an IHOP franchisee...
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