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CBRE arranges 51,498 s/f lease for Bedford Stuyvesant New Beginnings Charter School
March 8, 2024
Brooklyn, NY In a transaction arranged by CBRE, Bedford Stuyvesant New Beginnings Charter School (BSNBCS), a public charter school, signed a 51,498 s/f lease for the entire three-story commercial component of the newly constructed mixed-use building
DIGroup Architecture promotes Haas and Koehler
March 8, 2024
New Brunswick, NJ DIGroup Architecture has appointed Kate Haas and Debbie Koehler to the role of associate in a move that deepens the firm’s leadership team and reflects its continued growth and empowerment of women. The appointment
Argo RE, Bsafal, and Taconic Capital Provide $160 million Construction Financing to developers of lu...
February 27, 2024
Juno Beach, FL Argo Real Estate, Bsafal, Inc., and Taconic Capital Advisors LP have provided a $160 million construction loan to Chicago-based developers JDL Development and Wanxiang for Caretta, a new luxury residential condominium project
Cushman & Wakefield releases comprehensive Northeast industrial corridor report analyzing the pivota...
March 8, 2024
New York, NY Cushman & Wakefield, a leading global real estate services firm, released its in-depth analysis of the Northeast Industrial Corridor, encompassing New York, New Jersey and Pennsylvania. The report underscores the region’s significance as a central hub for warehouse
Rooftop Hospitality Group sign 15,000 s/f lease to create new rooftop restaurant & lounge at GFP’s...
March 8, 2024
Manhattan, NY According to GFP Real Estate, LLC (GFP), Hospitality Group LLC, the team behind 230 Fifth Avenue Rooftop Bar, has signed a 20-year lease for 15,000 s/f to create a new rooftop restaurant and lounge on the roof of 520 Eighth Ave
NYSCAR Annual Conference – New Location!
March 12, 2024
Save the Date!June 24 – 26, 2024 New York State Commercial Association of Realtors Annual Conference New Location: Rivers Casino, Schenectady, N.Y.
March 2024 N.Y. State Commercial Assn. of Realtors president’s message - by Robert Strell
March 12, 2024
I hope to see many of you at the Marketing Session & Ski Day at Greek Peak Mountain Resort in central New York this week. I’m looking forward to a great marketing and networking session!
HUNT Insurance Agency appoints Weber as new president
March 12, 2024
Buffalo, NY HUNT Real Estate Corp. chairman and CEO Peter Hunt has appointed David Weber as president of the HUNT Insurance Agency. According to Hunt, “David Weber brings a depth of experience in the insurance
Fitzsimmons and Zak named co-chairs of Hodgson Russ
March 12, 2024
Buffalo, NY Hodgson Russ LLP has appointed partners Carol Fitzsimmons and John Zak as co-chairs of the firm, effective February 1, 2024. Fitzsimmons is a leader in the firm’s general & international
United Group secures construction loan from
Berkshire Bank for City Station North II
March 12, 2024
Troy, NY The United Group of Companies, Inc. (United Group) has secured construction financing from Berkshire Bank for the development of City Station North II, LLC, a mixed-use, class A
Increased market risk can work to lower property taxes - by Brad and Sean Cronin
March 12, 2024
We’ve now seen an extended period of time when risk and corresponding cap rates at which properties are trading have risen significantly. The reasons behind risk elevation are well known to commercial investors, starting
Out with the old in with the new environmental standard ASTME E1527-21 officially sunsets E1527-13 -...
March 12, 2024
The ASTM E1527-21 Standard went into effect February 13, 2023. Most consultants have spent the last year adjusting to this new standard, spending many hours attending webinars, reading articles,
SUNation Energy installs roof-top array at Island Harvest’s 43,560 s/f Hossain Campus
March 12, 2024
Melville, NY Reducing carbon emissions and energy costs by harnessing the sun’s energy has been used for decades. Now, harnessing the sun’s power will benefit Long Islanders struggling
Racanelli Construction recognizes February as National Heart Month - team members “Go Red for Wome...
March 12, 2024
Melville, NY Racanelli Construction Company, Inc. showed their support of the American Heart Association’s Heart Month which is held in February each year. To demonstrate its support Racanelli Construction employees wore red on the first Friday of February
Hunt Corp. Commercial Real Estate Q&A: Evaluating tenants and reduce your risk - by David Hunt
March 12, 2024
Question: We own an office building on Long Island that house our own offices, as well as several tenants. We recently had a tenant close his doors after only a single year of occupancy. How do we avoid this in the future?
Kennedy of Forchelli Deegan Terrana named to regional NYLCV board
March 12, 2024
Uniondale, NY Forchelli Deegan Terrana (FDT) land use & zoning partner Brian Kennedy was appointed to the regional (Long Island) board of the New York League of Conservation Voters
Ross of Compass’ Polsinelli Team leases 30,000 s/f to SPORTIME
March 12, 2024
Westbury, NY Larry Ross, vice president of Compass commercial real estate division led by Adelaide Polsinelli negotiated a lease execution with SPORTIME Pickleball LLC of a soon-to-open pickleball facility at 575 Merrick Ave. Scheduled to open this fall 2024, the complex will feature 13 new courts
Metro Realty brokers three leases - 20,730 s/f
March 12, 2024
Westbury, NY Mark Timpone and Jeremy Hackett of Metro Realty Services, LLC leased 3,730 s/f at 496 Grand Blvd. to Herald East Inc. Timpone and Hacktt represented the tenant and the landlord, 496 Grand Blvd Owner
Hempstead IDA gives final approval to economic development benefits for proposed warehouse near JFK ...
March 12, 2024
Inwood, NY Frederick Parola, chief executive of the town of Hempstead Industrial Development Agency (IDA), said that the IDA has given final approval to a package of economic development benefits for a warehouse proposed for a once-polluted site near JFK
NAI Long Island represents 60 Port Jeff, LLC in
sale of 13,564 s/f office/medical building
March 12, 2024
Port Jefferson, NY NAI Long Island, an office of NAI Global, director Marian Campi-Condi and director Michael Corsello represented the sellers 60 Port Jeff LLC in the sale of 60 North Country Rd. The buyers represented themselves.