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Win with your Instagram content - by Kimberly Zar Bloorian
March 11, 2025
Instagram is a game-changer for commercial real estate professionals looking to expand their network, build credibility, and secure more deals. But let’s be honest — posting property photos or company announcements alone won’t cut it. To truly capture the attention of investors, brokers, tenants, and clients, your content needs
Ariel Property Advisors arranges $17.8 million sale of 224 3rd Ave. development site
March 11, 2025
Brooklyn, NY Ariel Property Advisors (Ariel) has arranged the sale of a 59,995 buildable s/f development site, which includes 6,000 s/f of air rights, at 224 3rd Ave. in the Gowanus neighborhood for $17.8 million, or $296 per buildable s/f. The site had approved plans to
Forte Construction and Citnalta Construction complete modernization of 68th St.-Hunter College Subwa...
March 11, 2025
Manhattan, NY The Metropolitan Transportation Authority (MTA) and Federal Transit Administration (FTA) celebrated the completion of a modernization and expansion project at the 68th St.-Hunter College Subway Station, bringing the more than century-old transit facility
Silver Arch Capital Partners closes $14.5
million bridge loan for 8 units at The Oosten
March 11, 2025
Brooklyn, NY Silver Arch Capital Partners closed a $14.5 million bridge loan on eight unsold condominium units and 74 parking spaces. The loan, which has a loan-to-value (LTV) ratio of 65%, is set for a term of one year with extension options.
How location shapes property taxes - by Brad and Sean Cronin
March 11, 2025
The timeless saying “location, location, location” remains a fundamental principle in real estate valuation today. However, the way location influences the property tax burden for a commercial property is more complex. Commercial property taxes can differ depending on the taxable jurisdiction in which the property is located. Various factors
ASTM Environmental “Phase One Standard” reaches one year anniversary - by Chuck Merritt
March 11, 2025
The American Standard of Testing Materials (ASTM) Environmental Site Assessment (ESA) standard E-1527-21 received approval to be enacted from the EPA on March 14, 2022. The standard also received congressional approval that it also meets the All-Appropriate Inquiry (AAI) Rule. However, the prior standard (E-1527-13) was allowed to
InspireDesign Creative Studio completes two projects
March 11, 2025
Garden City, NY InspireDesign Creative Studio completed two projects that have transformed Long Island offices into spaces that inspire, comfort, and foster a sense of wellness. “We are excited to cap a year of projects that make our clients’ spaces more exciting
National Development expands
senior housing portfolio
March 11, 2025
Smithtown, NY National Development, a leading vertically integrated real estate investment and development firm, made a new senior housing ground-up development and senior housing acquisition, the firm’s first in New Jersey and Long Island respectively.
Pisciotta of Metro Realty sells 4,400 s/f for $1.275 million
March 11, 2025
Amityville,NY Michael Pisciotta of Metro Realty Services, LLC sold 4,400 s/f at 61 John St. to Pratt Bridge Properties LLC for $1.275 million. Pisciotta represented the seller and John Simpson of Signature Premier Properties represented the buyer.
Delisle of Island Assocs. brokers 8,000 s/f lease extension for Dollar Tree at Strathmore Commons
March 11, 2025
Middle Island, NY Roger Delisle of Island Associates negotiated a lease extension with Dollar Tree for the 8,000 s/f they occupy at Strathmore Commons. Dollar Tree has been a junior anchor at Strathmore Commons for over 10 years. The lease extension will keep Dollar Tree in place and provide them with the
Hunt Corp. Commercial Real Estate Q&A: Tenant expansion alternatives - by David Hunt
March 11, 2025
A: Probably the most common lament that I hear one year after a tenant has occupied new space is that they are already contending with cramped quarters. Many tenants take too little space because of budget constraints, and too many ignore the space needs of the future. So, the concept of expansion alternatives is an important
Raffa of Island Assocs. brokers 1,470 s/f lease
March 11, 2025
Hauppauge, NY Bob Raffa of Island Associates negotiated a 1,470 s/f office space relocation and lease for James Morgan at 490 Wheeler Rd. James Morgan relocated within the building and expanded his existing footprint at the office building and extended his term. James Morgan is a nurse practitioner specializing in mental
Brookhaven IDA closes on Middle Island rental apartment project
March 11, 2025
Middle Island, 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 senior rental complex. The closing on Feb. 18, 2025, involved incentives for RA Oak Run LLC, which is owned by an affiliate
Forchelli Deegan Terrana launches tax practice group; Partain and Groman to co-chair
March 11, 2025
Uniondale, NY Forchelli Deegan Terrana LLP (FDT), one of Long Island’s premier law firms, has created a tax practice group. Rachel Partain and Robert Groman will co-chair the practice group. They will be working with Alexander Kerzhner and Lorraine Boss to deliver tax advisory
Sofia promoted to associate at Mojo Stumer Assocs.
March 11, 2025
Greenvale, NY Mojo Stumer Associates has promoted Mason Sofia to associate. Since joining the firm six years ago, Sofia has been a key player in the design and execution of projects across all typologies, bringing creativity and technical expertise to every phase of the process.
Seidenberg and Brandel of CBRE arrange
45,000 s/f office lease at 900 Stewart Ave.
March 11, 2025
Garden City, NY In a transaction arranged by CBRE and Paragon Group, Garfunkel Wild P.C., specializing in health care, corporate, and business law, has inked a 45,000 s/f office lease at 900 Stewart Ave. The national law practice will house one of its New York offices on the fourth floor and part of the 250,000 s/f concourse
Kirchhoff Cos. and UNION
recognized for Eastdale Village
March 11, 2025
Poughkeepsie, NY Eastdale Village Town Center was lauded for its design and community impact. Kirchhoff and Union Studios received a 2024 Urban Guild Design Excellence Award from The Urban Guild for bringing the Eastdale vision to life.
Eberz of CBRE Upstate brokers $4 million
sale of 164,025 s/f office building
March 11, 2025
Hamburg, NY CBRE Upstate NY negotiated the $4 million sale of 3556 Lake Shore Rd. The 164,025 s/f office building is on a 25-acre parcel near Woodlawn Beach State Park along the eastern shore of Lake Erie. CBRE Upstate NY’s Lida Eberz represented the seller, R&P Oak Hill LLC,
Greater Binghamton Chamber of Commerce hosts annual Economic Forecast and Building BC Awards
March 11, 2025
Binghamton, NY The Greater Binghamton Chamber of Commerce held the annual Economic Forecast and Building BC Awards on February 19. Sponsors: M&T Bank (title sponsor); Newman Development Associates; Advance Testing, Co.; LeChase Construction Service, LLC; Marchuska Brothers Construction; Mirabito Energy
Phillips of Largo Real Estate Advisors
secures $2.95 million financing
March 11, 2025
Lancaster, NY Jack Phillips, principal at Largo Real Estate Advisors, Inc., arranged a $2.95 million permanent first mortgage to refinance the existing debt on a 20,000 s/f multi-tenant medical office building located in the suburbs of Buffalo.