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Brookhaven Industrial Development Agency closes on benefits package for proposed 262-unit apartment ...
September 9, 2025
Patchogue, NY Frederick Braun III, chairman of the town of Brookhaven Industrial Development Agency (IDA) said that the IDA has closed on a package of economic incentives for a proposed 262-unit four-story rental apartment complex that included affordable and workforce
Raffa of Island Associates Real Estate leases 2,400 s/f to Platinum Hobbies
September 9, 2025
Middle Island, NY Robert Raffa from Island Associates Real Estate has secured Platinum Hobbies as a new long-term tenant at the Strathmore Commons Shopping Center located at 1245 Middle Country Rd. Platinum Hobbies, one of the larger Hobby Stores located on Long Island
Capalbo admitted to New York State Bar; joins of Schroder & Strom as associate attorney
September 9, 2025
Uniondale, NY Schroder & Strom, LLP said that Diana Capalbo has been admitted to the New York State Bar and has joined the firm as an associate attorney. She earned her bachelor of science from St. John’s University and received her juris doctor from St.
Newmark sells 143,493 s/f industrial asset - 31 Windsor Place
September 9, 2025
Central Islip, NY Newmark has arranged the sale of 31 Windsor Pl., a 143,493 s/f industrial asset. The property traded from Brookfield, a global real estate investor, to F.W. Webb Company, one of the largest wholesale distributors of plumbing, heating and HVAC products
Tractor Supply Co. opens 40,000 s/f at Islandia Shopping Center
September 9, 2025
Islandia, NY On July 26th mayor Allan Dorman attended the ribbon cutting ceremony to celebrate the grand opening of Tractor Supply Co. in the Islandia Shopping Center, 1750 Veterans Memorial Hwy.
Commercial Classroom - Back to basics: Site development - by Edward Smith Jr.
September 9, 2025
Your client wants $1 million for their land. How much is that land really worth? To answer this question requires an analysis of what is the “highest and best” use of the property – what use will produce the most revenue. Then the question becomes will this use be
Hackett and Timpone of Metro Realty Services sell 5,000 s/f
September 9, 2025
New Hyde Park, NY Jeremy Hackett and Mark Timpone of Metro Realty Services sold 5,000 s/f at 914 Third Ave., to NYFA Group for $1.725 million. Hackett and Timpone represented the seller, 914 3rd Ave. Corp., and John Mangani of Compas
Hunt Corp. Commercial Real Estate Q&A: Picking the right lease term - by David Hunt
September 9, 2025
One of the major advantages of leasing office space, as opposed to purchasing a building, is an easy exit strategy. When the lease is over, you move out without further obligation. This can be a critical advantage of a short-term lease. Do you have a special project that requires human
Tierney of Forchelli Deegan Terrana appointed vice president of the Association of Legal Administrat...
September 9, 2025
Uniondale, NY According to Forchelli Deegan Terrana LLP, Linda Tierney, the law firm’s director of office management, was appointed vice president of the Association of Legal Administrators (ALA) Long Island Chapter. She will serve a one-year term.
Buono of Island Associates brokers $2.85 million sale of former Capital One Bank site
September 9, 2025
Sayville, NY Richie Buono of Island Associates (IA) procured and negotiated the $2.85 million sale of 160 Main St. which is the 14,000 s/f multilevel former Capital One Bank located on three acres. The purchasers, D’Angrea Brothers LLC, are local investors. The seller, Sayville I 2020, LLC,
JLL completes $62.5 million
refinance of 150-unit Carlow Wind Watch
September 9, 2025
Hauppauge, NY JLL Capital Markets has completed the $62.5 million refinancing of Carlow Wind Watch, a newly-constructed multifamily property located at 1721 Motor Pkwy. A JLL Capital Markets team led by senior managing director
Greystone Capital Advisors arranges
$166.2 million loan for The Core at Station Yards
September 9, 2025
Ronkonkoma, NY Greystone Capital Advisors provided a $166.205 million Freddie Mac-backed permanent loan on behalf of TRITEC Real Estate Company and The Olayan Group to refinance The Core at Station Yards, a newly delivered, 388-unit, mixed-use residential, office and retail
Greyhill Group acquires 764,000 s/f industrial warehouse for $15 million
August 26, 2025
Jackson, MI Greyhill Group has acquired a 764,000 s/f industrial retail condominium located at 1300 Falahee Rd. The property was purchased for $15 million in an off-market transaction from RHL Investments, Laurice LaZebnik
Delisle and Monahan of Island Associates negotiate a 10 year lease term with Planet Fitness
August 26, 2025
Miami Gardens, FL Roger Delisle and Robert Monahan of Island Associates successfully negotiated a new 10 year lease term with Planet Fitness to continue their tenancy at Dolphin Plaza. Planet Fitness is showing their long-term commitment to the site by extending
Delisle and Monahan of Island Associates Real Estate purchase 7Brew Coffee
August 26, 2025
Pensacola, FL Roger Delisle and Robert Monahan of Island Associates Real Estate Inc. successfully negotiated and closed the purchase of a newly constructed 7Brew Coffee consisting of a 773 s/f building with double drive-thru lanes on 0.97 acres and located
THRIVE Red Bank breaks ground
August 26, 2025
Red Bank, NJ More than 200 THRIVE Red Bank Partners, board members from Parents With A Plan™, representatives from the Rutgers Center for Adult Autism Services (RCAAS), public officials, community members, and neurodivergent
Delisle and Monahan of Island Associates negotiate two lease agreements for Sunrise Plaza
August 26, 2025
Brooksville, FL Roger Delisle and Robert Monahan of Island Associates successfully negotiated two lease agreements for Sunrise Plaza. DRMP Engineers entered a lease agreement for 3,000 s/f of space for their field
Forchelli Deegan Terrana partner Gordon featured in City & State's 2025 Long Island Trailblazers Lis...
August 26, 2025
Uniondale, NY According to Forchelli Deegan Terrana LLP, John Gordon, a partner in the firm’s industrial development agency (IDA) benefits and government incentives practice group, was featured in City & State's 2025 Long
RTL represents Santa Chiara Caffe in expansion to Brooklyn
August 26, 2025
Brooklyn, NY RTL has represented Santa Chiara Caffe in lease negotiations for the brand’s first Brooklyn location. Located at 227 West Street in Greenpoint, the 10-year lease secures a second home for the popular Italian café following
Forchelli Deegan Terrana LLP congratulates partners on their new and continuing Nassau County Bar As...
August 26, 2025
Uniondale, NY Forchelli Deegan Terrana LLP congratulates the following attorneys on their recent Nassau County Bar Association Committee appointments: Lisa Casa, a partner in the firm’s Employment & Labor practice group, was appointed chair of the