News: Spotlight Content

Racanelli completes $2.7 million renovation of historical building for Walgreens

Racanelli Construction Company, Inc. of Melville, one of the leading construction management, general contractor and design/build resources for commercial, industrial, retail, medical, pre-engineered and multi-unit residential projects, has completed the custom renovation of a project on behalf of Walgreens, located at 1281 Fulton St. The project was valued at $2.7 million. Serving as a general contractor on the project, Racanelli renovated an existing 20,000 s/f, four-story historical building. The building was formerly occupied by a bank. Posing a challenge in the project were the building's dilapidated conditions. Standard building materials and high quality construction techniques were incorporated to rehabilitate the structure and create a modern drugstore environment. Among the newly renovated building's most striking features is its high vaulted, dome ceiling. Overseeing the project were Martin Racanelli, Jr., Michael Marshall and Ken Rocchio.
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2026 Developing Queens: The Sutphin Hillside Towers at Jamaica Station

Queens, NY Asset CRG Advisors brokered one of the largest Opportunity Zone development sales in the country — a transformative site in the heart of downtown Jamaica. Managing partners Yuriy Ustoyev and Sadya Liberow represented both buyer and seller in the $59.7 million transaction
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CRE Guide Featured Company: Merritt Environmental Consulting Corp.

CRE Guide Featured Company: Merritt Environmental Consulting Corp.

Merritt Environmental Consulting Corp. (MECC) was established in June of 2009 after being part of a larger engineering firm for almost 20 years. The focus of the company is to assist lending institutions, attorneys, real estate investors, and property owners with environmental concerns. Today, MECC has offices in New York, Florida, and Vermont and has grown into a regional consulting firm serving clients along the East Coast.
Properly serving a lien law Section 59 Demand - by Bret McCabe

Properly serving a lien law Section 59 Demand - by Bret McCabe

Many attorneys operating within the construction space are familiar with the provisions of New York Lien Law, which allow for the discharge of a Mechanic’s Lien in the event the lienor does not commence an action to enforce following the service of a “Section 59 Demand”.
2026 Developing Queens: Long Island Board of Realtors  advances commercial growth and advocacy in Queens

2026 Developing Queens: Long Island Board of Realtors advances commercial growth and advocacy in Queens

The Long Island Board of Realtors (LIBOR) Commercial Network continues to play a key role in advancing opportunities and strengthening the commercial real estate landscape across Queens. Through targeted programming and global outreach
From vacancy to vitality: How adaptive reuse is reshaping Long Island’s CRE landscape - by Andrea Tsoukalas Curto

From vacancy to vitality: How adaptive reuse is reshaping Long Island’s CRE landscape - by Andrea Tsoukalas Curto

Adaptive reuse has become one of the most important conversations in commercial real estate today. Long Island has a large inventory of aging retail, office and industrial