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Racanelli Construction helps Habitat for Humanity
September 12, 2023
Mastic Beach, NY Racanelli Construction Company, Inc. (RCC) participated in a Habitat for Humanity of Long Island house build. In June, fourteen Racanelli Construction employees volunteered their time to help build a new home, where they spent the day performing
Navigating the shifting landscape of retail real estate: Trends, challenges and valuations - by Marg...
September 12, 2023
In today’s ever-changing retail real estate market, property owners find themselves at the forefront of seismic shifts, shaped by evolving consumer behaviors and constant innovation. This article provides insight on the current trends influencing the retail landscape,
P.W. Grosser promotes Chaudhry, Pecoraro, Cantillo, Chase and Sommer
September 12, 2023
Bohemia, NY Five P.W. Grosser Consulting, Inc. (PWGC) employees have been promoted.• Usman Chaudhry: Senior project manager from project manager
Hunt Corp. Commercial Real Estate Q&A: Generating cash with a sale-leaseback - by David Hunt
September 12, 2023
Q: Our business has owned and occupied a small office building for over 15 years and we are considering refinancing. Would there be an advantage to a sale-leaseback over refinancing?
Edwards and Martin of Sahn Ward Braff Koblenz assist client in sale of 10 industrial buildings
September 12, 2023
Uniondale, NY Wayne Edwards, partner, and Eugene Martin, senior counsel, both of Sahn Ward Braff Koblenz PLLC, represented affiliates of Ben Elias Industries Corp. in connection with the sale of 10 industrial buildings in Inwood, Nassau County, totaling 500,000 s/f near
Commercial and Industrial Brokers Society of Long Island (CIBS) presents “Meet the Candidates” o...
September 12, 2023
Melville, NY On Wednesday, September 13th, the Commercial and Industrial Brokers Society of Long Island (CIBS) will host a “Meet the Candidates” breakfast, featuring candidates for Suffolk County executive Republican Hon. Ed Romaine and Democrat Dave Calone. The
Manthachitra and Webb join Mark Design Studios
September 12, 2023
Hicksville, NY Mark Design Studios hired two new employees to support its growth:
• Gow Manthachitra was hired as a project manager. She was previously design/project manager at Knockout Renovation.
Mayor and Densen of Island Assocs. broker 3,400 s/f lease with IM=X Pilates
September 12, 2023
Roslyn Heights, NY Lawrence Densen and Christopher Mayor of Island Associates brokered a 10-year lease agreement with IM=X Pilates, for 3,400 s/f located at 43-53 Mineola Ave.
BOMA NY: CPE and the key to staying current in CRE
September 12, 2023
New York, NY Our mission at BOMA New York is to support and advance the commercial real estate industry throughout the five boroughs of New York City. We play an active role in government affairs, produce premium networking opportunities, and provide a plethora of educational programs year-round.
Unconscious biases: what do we do about them?
September 12, 2023
Unconscious biases are social stereotypes about certain groups of people that individuals form outside their own conscious awareness. Everyone holds unconscious beliefs about various social and identity groups.
IREM NYC celebrates fifth annual fundraiser this year benefitting two not-for-profit organizations
September 12, 2023
New Paltz, NY IREM NYC’s fifth annual Sporting Clays Fundraiser benefitting SHAREing & CAREing and GiGi’s Playhouse NYC is coming up on Friday, October 6th at Mid-Hudson Sporting Clays. The daylong event starts at 8:30 with a hot breakfast, followed by a full round of shooting.
IREM NYC hosts members meet and greet in August
September 12, 2023
Queens, NY IREM NYC held a member meet and greet at the Standard Biergarten in NYC on August 9th. Michael Torres, VP chapter activities said, “This our third meet ’n greet this year, and they have proved to be a very popular way for our members to causally get together and relax. We’ll be hosting another in November.
Community Commercial closes
two retail leases - 2,200 s/f
September 12, 2023
Merrick, NY Community Commercial, under the guidance of broker Todd McIndoo, has concluded two retail lease transactions at 65 Merrick Ave., on behalf of Jam Realty Enterprises LLC from Garden City, NY, the property’s owners.
PWC-NY to host annual Salute to Women of Achievement - Sept. 20th
September 12, 2023
Manhattan, NY On September 20th, Professional Women in Construction (PWC) will be hosting their annual Salute to Women of Achievement event where they will be honoring their 2023-2024 scholarship recipients. The PWC Scholarship Program recognizes six emerging students pursuing a degree in the AEC industry.
Rudin appoints O’Connor senior vice president
September 12, 2023
New York, NY Rudin, a full-service real estate organization, has hired industry veteran Drew O’Connor as senior vice president, head of commercial property management.
Understanding the rising cost of HOA insurance - by Tyler Schlapkohl
September 12, 2023
Homeowners association (HOA) insurance plays a vital role in protecting and maintaining managed communities. These policies have long provided residents with essential personal and property coverage, along with peace of mind. However, one significant issue challenging HOAs nationwide is the dramatic rise in the cost of insurance premiums.
Hackett of Metro Realty Services handles four
sales totalling 18,005 s/f - $4.885 million
September 12, 2023
Huntington Station, NY Jeremy Hackett, managing partner / licensed real estate broker of Metro Realty Services, LLC, negotiated four sales transactions.
MNPP secures lease extension for 545 Madison - 30,094 s/f
September 12, 2023
New York, NY Marx Realty (MNPP) has unveiled 545 Madison’s luxury penthouse renovation renderings. Additionally, GTS Securities has signed a two-year lease extension for its 30,094 s/f space, distributed across the building’s 9th, 15th, 16th, and 17th floors.
The benefits of choosing ‘full service’ for your next building renovation - by Ron Fanish
September 12, 2023
Building renovations are some of the most complex and stressful undertakings that a building owner can face. There’s no shortage of decisions to make, from setting a timeline and determining a budget, to selecting materials and the right design. Meanwhile, time is of the essence: tenants can only be displaced for so long.
QuickBooks vs. property management software in New York - by Chris Ulep
September 12, 2023
Property management software for New Yorkers needs to be designed to handle their unique needs. While some have tried, it can be a substantial effort to take general accounting software such as QuickBooks and try to adapt it for property management. QuickBooks is arguably the best-known accounting software for small businesses in the country.