Category: Long Island

Port Jefferson, NY Community Development Long Island (CDLI) and Conifer Realty recently broke ground on Perry & Main, a 53-unit mixed-use development that will help advance the revitalization taking place in the Village of Port Jefferson.

Copiague, NY The Eagle Eatery is designed as a multi-use, flexible space capable of supporting the full range of school functions — from daily lunch periods to assemblies, presentations, and after-hours events.

Garden City, NY The Franklin is a boutique, new-construction Class A office building at 1051 Franklin Ave., developed by Scott Minuta and Matt Schwartz and managed by Regus. Spanning three floors and 19,160 s/f, the property offers fully equipped, full-service office suites on flexible lease terms, along with stylish conference rooms, kitchen amenities, elevator service, IT support, mail handling, on-site parking and 24/7 secure access.

Valley Stream, NY The Alder at Valley Stream brings a new 120,000 s/f, 132-unit senior residential community to the heart of Valley Stream, replacing a village-owned commuter parking field at West Valley Stream Blvd. and Hicks St.

If you ask an environmental consultant which type of operations concern them the most, dry cleaners are usually the top answer. If you search the internet for Hazardous Waste Sites (HWS) in your home state, usually 7 or more out of 10 results are dry cleaners since historically they use a chemical known as perchloroethylene or PERC and it only takes a little bit of the chemical to cause an environmental impact that is expensive to address.

Commercial real estate has changed dramatically over the past several years. Inflation, rising operating expenses, elevated borrowing costs, changing occupancy patterns and increased investment risk have altered the economics of owning commercial property.

Cryptocurrency has migrated to the portfolios of an increasing number of borrowers. As digital assets become more common, traditional financial institutions must decide whether and how these assets should factor into underwriting decisions.

Middle Island, NY Roger Delisle and Robert Monahan of Island Associates Real Estate Inc., as landlord representatives, negotiated the 1,500 s/f long-term lease extension of Digital Nail & Spa at Strathmore Commons at 1245 Middle Country Rd.

Melville, NY Adon Austin, PE, has joined Nelson + Pope (N+P) as a senior associate. Austin brings nearly 30 years of experience in waterfront and coastal

New Hyde Park, NY New Hyde Park Place, the rebranded commercial property at 271-02 Union Tpke. on the Nassau/Queens border, has signed new tenant Redefine Meals, the Long Island-based prepared-meal company, for a new 1,000 s/f location, starting on September

Melville, NY More than 150 commercial real estate professionals gathered for the Commercial Industrial Brokers Society of Long Island’s (CIBS) annual “State of the Market” panel,

Islip, NY Robert Raffa from Island Associates Real Estate facilitated Tzanis Mental Health Group into 417 East Main St. – a 1,700 s/f office suite. The Tzanis Mental Health Group joins