Search
Story results for:
NYS comptroller’s report shows town of Hempstead IDA driving economic growth and job creation
August 12, 2025
Hempstead, NY The town of Hempstead Industrial Development Agency (IDA) remains a significant driver of job creation and economic development, as highlighted in the latest Performance Report on Industrial Development Agencies released by New York State comptroller Thomas
Suffolk County Industrial Development Agency approves $9.2 million investment
August 12, 2025
Hauppauge, NY The Suffolk County Industrial Development Agency (IDA) has approved a strategic incentive package to support a $9.2 million investment from Josh Packaging Inc., a two-generation, family-owned manufacturer based in the town. The investment will enable the company
Hunt Corp. Commercial Real Estate Q&A: Property sparkle on a budget - by David Hunt
August 12, 2025
I was once contacted by a property owner who was having difficulty leasing his building. I agreed to inspect the property with him and make suggestions. Before we even entered the building, we had to walk on what was left of a lawn to avoid a bush that had completely overgrown and blocked
Court rules state cannabis laws preempt Riverhead regulations
August 12, 2025
Riverhead, NY A significant legal decision was handed down in the case of Tink & E, et al. v. Town of Riverhead, et al., where the court ruled that New York State’s cannabis laws preempt certain local zoning regulations imposed by the Town of Riverhead. The ruling
Brown Altman offers insights and legal strategy behind cold storage development boom in NY CRE marke...
August 12, 2025
Melville, NY As demand for temperature-controlled warehousing surges alongside growth in e-commerce grocery, pharmaceutical distribution and fresh food logistics, Brown Altman LLP published a timely new analysis authored by founding partner Keith Brown and associate
Berger of Forchelli Deegan Terrana appointed first vice president of Nassau Lawyer’s Assn. of Long...
August 12, 2025
Uniondale, NY According to Forchelli Deegan Terrana LLP Michael Berger, an associate in the firm’s employment and labor and veterinary practice groups, was appointed first vice president of Nassau Lawyers’ Association of Long Island, Inc.
BDG Architects acquires JRS Architect, expands services
August 12, 2025
Mineola, NY BDG Architects has acquired JRS Architect, PC effective July 1, 2025. Bringing together the talents and resources of these practices will result in a team of over 150 design professionals and expands BDG Architects’ footprint beyond its five offices
Merrell of Island Associates sells
13,400 s/f warehouse for $3.8 million
August 12, 2025
Deer Park, NY Island Associates Real Estate Inc. negotiated the sale of a prime industrial warehouse located at 609 Acorn St. in the town’s industrial district. The transaction closed at a purchase price of $3.8 million. The property, a well-maintained 13,400 s/f industrial facility situated on
Kleinberg of Tri-State Properties brokers $6.2
million sale of Wading River Medical Center
August 12, 2025
Wading River, NY Ron Kleinberg, president of Tri-State Properties, brokered the sale of the Wading River Medical Center. The sale price was $6.2 million. The four, one-story buildings totaled 30,000 s/f on 4.14 acres with 180 parking spaces. The building was 94% occupied
A professor’s perspective: The top five skills architecture graduates need but don’t learn in sc...
August 12, 2025
Hiring young architects today is both exciting and challenging. They bring a fresh perspective, tech fluency, and eagerness — but many lack essential real-world skills that architecture school simply doesn’t teach. As both an educator and a practicing architect, I’ve mentored,
Government policy and real estate values - by John Rynne
August 12, 2025
My April article was titled Public Policy Effects On Real Estate (Part 2). Much of the article was about tariffs, Department of Governmental Efficiency (DOGE), etc. outlining both positive and negative effects of government policies on real estate values. As an
Back to school, back to business: Why education is economic infrastructure for the Southern Tier - ...
August 12, 2025
As students across the Southern Tier head back to school this fall, it’s not just a moment of fresh starts, new routines, and academic goals — it’s also a reminder of the bigger picture: the future of our region is being shaped right now, inside those classrooms.
Bracing for impact: NYC property taxes and the uncertain road ahead - by Peter Blond
August 12, 2025
Each year, starting around Labor Day, we typically receive a slew of requests for budgetary guidance regarding what may happen in January to real estate tax assessments citywide. While there is always a blindfold and a dart nature to the process, imagine predicting the future with a Zohran
2025 mid year forecast - by Michael Packman
August 12, 2025
As we find ourselves in the third quarter of 2025, there continues to be some uncertainty in parts of the real estate market. However, as we are a little over two quarters into the current presidential term, valuations seem to have stabilized in most asset classes despite higher capital costs
From bonus to breakthrough: What the OBBB means for real estate tax strategy - by Sandy Klein
August 12, 2025
The One Big Beautiful Bill (OBBB), signed into law July 4, 2025, ushers in significant tax reform provisions that impact many aspects of U.S. tax policy. For the real estate industry, the bill brings both relief and opportunities. From a permanent QOZ regime to powerful depreciation tools, this
Proprietary preferred equity advantages Structuring smart deals: How Arbor’s preferred equity sup...
August 12, 2025
Providing competitive current and accrual pay rate structures is essential for any multifamily preferred equity product. In today’s capital-constrained market, Arbor Realty Trust’s Proprietary Preferred Equity
Why Entech Smart Boiler Controls are a top pick for multifamily real estate
July 29, 2025
Multifamily real estate owners face a costly dilemma: aging boiler systems that hemorrhage money through inefficiency, yet replacement costs that can exceed $500,000 per building. What if you could transform your existing boilers—regardless of age or brand—into smart, efficient
Garonit Labs acquires 15.5 acres near Stewart Airport for planned manufacturing facility
August 6, 2025
New Windsor, NY Rand Commercial has completed the sale of two tax lots totaling approximately 15.5 acres on Bruenig Road to Garonit Labs. The parcels, located near Stewart International Airport, are part of a major development
CREG Featured Company: About Cancos Tile & Stone
July 29, 2025
For over 70 years, Cancos Tile & Stone has been a leading name in the tile and stone industry, delivering premium products and unparalleled service to commercial developers, architects, and designers. With 12 showrooms strategically located throughout New York, Cancos has established itself as
CREG Featured Company: About Jody Fisher PR
July 29, 2025
For brands and businesses that want to grow and maintain a positive reputation, public relations (PR) is an essential tool. Combining positive news coverage with social media, direct outreach and thought leadership, PR writes the history of your organization that