News: Long Island

Jawdat of NYCRE brokers $1.7 million sale of 13,350 s/f industrial shopping center

Jack Jawdat, president of New York Commercial Real Estate (NYCRE), a premier commercial, industrial, retail and multifamily real estate brokerage and property management firm, recently completed the sale of a 13,350 s/f industrial shopping center located at 797-801 Middle Country Rd. The property, previously owned by AAA Properties, LLC, was sold to a private investor. Jawdat represented both parties in the $1.7 million transaction. Jawdat, the founder of NYCRE, is well-recognized throughout Long Island's real estate industry, among investors and peers alike, as an experienced, knowledgeable professional who serves as a true business advisor to his clients. His ability to effectively "match" properties to the right buyers and tenants has made him one of the region's top performers. As such, he has been the recipient of numerous performance-based awards. NYCRE is a full-service provider of comprehensive services in the areas of office, industrial, retail and investment property sales and leasing; 1031 tax-free exchanges; land development; build-to-suit services; and property management. Led by Jawdat, the firm has gained recognition for its personalized service and focus on helping its clients achieve the maximum return on investment for their real estate transactions. In addition to real estate investors, NYCRE is a trusted real estate advisory and property resource for real estate investment trusts, franchise owner-operators, financial institutions, as well as medical, legal, accounting and other professionals. The company's primary geographic focus is Long Island.
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Suffolk County IDA supports expansion of A&Z Pharmaceuticals

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Columns and Thought Leadership
The evolving relationship of environmental  consultants and the lending community - by Chuck Merritt

The evolving relationship of environmental consultants and the lending community - by Chuck Merritt

When Environmental Site Assessments (ESA) were first part of commercial real estate risk management, it was the lenders driving this requirement. When a borrower wanted a loan on a property, banks would utilize a list of “Approved Consultants” to order the report on both refinances and purchases.