Category: Long Island

Foster and LaPointe named associates at Certilman Balin

Foster and LaPointe named associates at Certilman Balin

May 10, 2022
Hauppauge, NY According to Certilman Balin Adler & Hyman, LLP, Brady Foster joined the firm’s Commercial Lending and
C&W and JLL arrange long-term lease for JetBlue at Brause Realty’s office building

C&W and JLL arrange long-term lease for JetBlue at Brause Realty’s office building

April 26, 2022
Long Island City, NY Cushman & Wakefield and JLL have arranged a long-term, direct lease for JetBlue at Brause Realty’s 27-01 Bridge Plaza North, a Class A office asset
Avison Young and Newmark secure lease expansion and extension totaling 8,615 s/f

Avison Young and Newmark secure lease expansion and extension totaling 8,615 s/f

April 12, 2022
Westbury, NY Avison Young’s New York and Long Island offices have arranged the expansion and lease extension of United Women’s Healthcare’s
Samanea New York celebrates opening of 99 Ranch Market

Samanea New York celebrates opening of 99 Ranch Market

April 12, 2022
Westbury, NY Samanea New York, the new retail, entertainment and dining destination located at 1500 Old Country Rd., welcomes 99 Ranch Market to
Guarino of ERG Commercial RE delivers $4.2 million in refinance loans

Guarino of ERG Commercial RE delivers $4.2 million in refinance loans

April 12, 2022
Carle Place, NY ERG Commercial Real Estate’s Mary Guarino has delivered a $2.7 million refinance loan for the owner of 255 Glen Cove Rd.
Rosner and McGuire of NAI LI sell Blue Point Marina for $6.7 million

Rosner and McGuire of NAI LI sell Blue Point Marina for $6.7 million

April 12, 2022
Blue Point, NY NAI Long Island, the Long Island office of NAI Global, a leading global commercial real estate brokerage firm, negotiated the
American Investment Properties exclusively sells six-unit retail in North Bellmore for $1.075 million

American Investment Properties exclusively sells six-unit retail in North Bellmore for $1.075 millio...

April 12, 2022
North Bellmore, NY American Investment Properties retained the exclusive listing agreement to sell a fully leased six-unit retail property at
DASNY issues $30.7 million financing to support Oceanside Library construction

DASNY issues $30.7 million financing to support Oceanside Library construction

April 12, 2022
Oceanside, NY According to Reuben McDaniel III, president & CEO of The Dormitory Authority of the State of New York (DASNY), DASNY has issued
Hunt Corp. Commercial Real Estate Q&A: Lease Escalations - by David Hunt

Hunt Corp. Commercial Real Estate Q&A: Lease Escalations - by David Hunt

April 12, 2022
Q: What is a fair rent increase in a commercial lease? My firm is negotiating a lease on an industrial building, and the landlord is asking for a 4% escalation every year. Is there a standard rent increase for industrial leases?
Densen and Mayor of Island Associates broker $515,000 sale with Karp of Coldwell Banker

Densen and Mayor of Island Associates broker $515,000 sale with Karp of Coldwell Banker

April 12, 2022
Lake Grove, NY Lawrence Densen and Chris Mayor of Island Associates Real Estate, a Smithtown-based commercial real estate broker and developers,
Kleinberg and Staudigel of Tri-State Properties handle $4.975 million sale

Kleinberg and Staudigel of Tri-State Properties handle $4.975 million sale

April 12, 2022
Wading River, NY Ron Kleinberg and Dale Staudigel, co-presidents of Tri-State Properties, brokered the sale of The North Wind Professional Park located at
ACRES Capital originates $34 million loan for The Rose at Great Neck; design by Mojo Stumer Associates

ACRES Capital originates $34 million loan for The Rose at Great Neck; design by Mojo Stumer Associat...

April 12, 2022
Great Neck, NY ACRES Capital Corp., with its subsidiaries, (ACRES) a leading commercial real estate middle-market lender, has originated a $34 million loan to