Category: Long Island
Metro Realty Services negotiates three leases
June 10, 2025
West Babylon, NY Metro Realty Services, LLC brokered three lease transactions.Michael Pisciotta and Jeremy Hackett of Metro Realty Services, LLC leased 1,600 s/f at 92 Dale St. Unit E to Flavour Mingle. Pisciotta and
Rosner of NAI Long Island facilitates 8,900 s/f lease
June 10, 2025
Nesconset, NY NAI Long Island disclosed that Lee Rosner, CCIM SIOR facilitated a long-term lease for 8,900 s/f of medical office space at 57-61 Southern Blvd. on behalf of the landlord, Southern Boulevard Professional Park Corp. The tenant, Stony Brook Community
Schroder & Strom name Spellman as new associate attorney and Forzaglia promoted to partner
June 10, 2025
Garden City, NY Schroder & Strom, LLP welcomes Michael Spellman as an associate attorney following his admission to the New York State Bar. Spellman earned his J.D. from Touro Law School and his B.S. from the University of Maryland.
Commercial classroom: Branding me - the local commercial real estate expert - by Edward Smith Jr.
June 10, 2025
You market your listed properties; but what are you doing to promote yourself? Self-promotion is essential if you want to build your business. You need to tell people you are in the commercial real estate business, that you are a professional and the local market expert.
The benefits of biophilic design: Bringing nature into our built environment - by Diana Lillo
June 10, 2025
From urban parks to residential homes, the principles of biophilic design are being adopted at an increasing rate, with corporations like Google and Amazon integrating biophilic elements into their office designs, in turn, prioritizing the health and happiness of their employees. Public
Are buyers opting to conduct phase 2 environmental investigations, and skipping the phase 1 step? - ...
June 10, 2025
When the American Society of Testing Materials (ASTM) first issued an environmental standard in 1994, the main phrase utilized to determine if additional investigation (phase 2) was needed was “obvious signs of contamination”. Since this can be a subjective statement (like many
Tariffs and property taxes on Long Island - by Brad and Sean Cronin
June 10, 2025
Tariffs have far-reaching implications beyond international trade. On Long Island, the imposition of tariffs on imported materials has begun to ripple through the commercial real estate sector, influencing costs, property values, and, consequently, property taxes.
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian
June 10, 2025
There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
Artificial intelligence in lending - by Lindsay Mesh Lotito
May 27, 2025
Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
Damianos Realty Group acquires 55,000 s/f retail center for $16.1 million
May 13, 2025
Commack, NY Damianos Realty Group LLC has acquired the retail center located at 2160 Jericho Tpke. The 55,000 s/f center, which is on six acres with access from both Jericho Tpke. and Veteran’s Memorial Hwy., was purchased for $16.1 million from Toy Fields LLC.
Blue Communities celebrates
ribbon-cutting for The Royal Blue
May 13, 2025
Mineola, NY The team behind The Royal Blue hosted a ribbon-cutting ceremony to mark the official opening of its brand-new, 54-unit luxury apartment building. The event brought together local officials, project partners, community leaders, and guests for a morning of celebration
Levin leases 24,000 s/f to Kids Empire and My Gym at Mayfair Shopping Center
May 13, 2025
Commack, NY Two family-friendly concepts are joining Mayfair Shopping Center according to Levin Management Corp. (LMC). Indoor playground Kids Empire (21,000 s/f) and children’s fitness center My Gym (3,000 s/f) each will enhance the retail property’s experiential draw.
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