Category: Long Island

Koenigsberg of American Investment Properties brokers $4.5 million sale of office and warehouse property

Koenigsberg of American Investment Properties brokers $4.5 million sale of office and warehouse prop...

March 8, 2022
New Hyde Park, NY American Investment Properties completed the sale of an office and warehouse property at 151 Herricks Rd. The sale price was
Hempstead IDA gives preliminary incentive package approval for projects in Inwood, West Hempstead

Hempstead IDA gives preliminary incentive package approval for projects in Inwood, West Hempstead

March 8, 2022
Hempstead, NY According to Fred Parola, CEO of the Town of Hempstead Industrial Development Agency (IDA), the agency has given preliminary approval to
Commercial Classroom: Are QR codes coming back? - by Ed Smith

Commercial Classroom: Are QR codes coming back? - by Ed Smith

March 8, 2022
In 2010 I wrote the following article. Use of QR codes were active then but seemed to fade away a few years later. The COVID-19 pandemic has seen a resurgence in the use of these
JB&B transforms SUNY Old Westbury Gym and Athletic Field into alternate care facility with AECOM and USACE - by Christopher Pell

JB&B transforms SUNY Old Westbury Gym and Athletic Field into alternate care facility with AECOM and...

March 8, 2022
At the beginning of the COVID-19 pandemic, FEMA tasked the United States Army Corps of Engineers (USACE) with a mission assignment to construct a 1,000-bed alternate care
Babylon IDA finalizes $5.8 million investment with Private Label Developments

Babylon IDA finalizes $5.8 million investment with Private Label Developments

March 8, 2022
Babylon, NY The Town of Babylon Industrial Development Agency (IDA) approved a transaction to enable Private Label Developments to renovate, equip and
BEB Lending surpasses $100m in capital deployed since founding

BEB Lending surpasses $100m in capital deployed since founding

March 8, 2022
Port Washington, NY BEB Lending, an affiliate of BEB Capital, has surpassed $100 million in capital deployed to various commercial real estate
Credit is now a major factor when deciding on a new industrial tenant - by Tod Buckvar

Credit is now a major factor when deciding on a new industrial tenant - by Tod Buckvar

March 8, 2022
Long Island’s industrial market currently has a vacancy rate of 3.6%. As remarkable as this seems it may be even lower. Landlords are becoming more and more
Appraisals vs. Broker Price Opinions: What’s the difference? - by Ron Koenigsberg

Appraisals vs. Broker Price Opinions: What’s the difference? - by Ron Koenigsberg

March 8, 2022
Are you thinking about selling your commercial property? If you answered yes, your first step is finding out the value of your commercial real estate. There are
The ASTM Environmental Site Assessment Standard - by Chuck Merritt

The ASTM Environmental Site Assessment Standard - by Chuck Merritt

March 8, 2022
Recently, ASTM approved the latest version of the phase one Environmental Site Assessment (ESA) standard which will be known as E1527-21. Although it is waiting for final approval from the federal
Deadline to protest property taxes extended - by Brad Cronin & Sean Cronin

Deadline to protest property taxes extended - by Brad Cronin & Sean Cronin

March 8, 2022
In the past two years commercial property owners have had to constantly adapt to various COVID environments while still making long-term decisions for the
Federal Realty plans redevelopment at Huntington Shopping Center

Federal Realty plans redevelopment at Huntington Shopping Center

February 8, 2022
Huntington Station, NY Federal Realty Investment Trust has unveiled a complete redevelopment of Huntington Shopping Center, including the addition of
Lewis of ERG Commercial RE is sole broker in $725,000 sale

Lewis of ERG Commercial RE is sole broker in $725,000 sale

February 8, 2022
Greenvale, NY ERG Commercial Real Estate delivered the sale of a mixed-use two-story building for $725,000. The 4,330 s/f building located at