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Horvath & Tremblay sells three properties totaling $5.04 million
February 14, 2023
Amsterdam, NY Horvath & Tremblay has completed the sale of three properties totaling $5 million. Jeremy Black of Horvath & Tremblay has completed the sale of WellNow Urgent Care in Amsterdam. Horvath & Tremblay represented the seller and procured
M&T Realty Capital Corp. refinances 1.9 million s/f for an industrial portfolio totaling $62.5 milli...
February 14, 2023
Rochester, NY M&T Realty Capital Corporation refinanced over 1.9 million s/f of industrial and flex space totaling $62.5 million. The transaction was secured across multiple locations in Rochester and southern New Jersey. The opportunity was referred to Zach Casale, M&T Realty Capital Corporation, from Vince Profetta,
Rock Brook welcomes Schirripa, executive director
January 31, 2023
Manhattan, NY Ken Schirripa, an industry veteran with more than 25 years of expertise in technology, infrastructure engineering, and construction management, has joined Rock Brook.
Nelson + Pope and Nelson Pope Voorhis promote Perrotta and Reiner to partner
February 14, 2023
Melville, NY Nelson + Pope (N+P) alongside their environmental affiliate Nelson Pope Voorhis (NPV) have promoted two leaders. John Perrotta, PE of N+P, and Brant Reiner of NPV have each been promoted to partner of their respective firm.
Alberts appointed vice-chair of New York State Bar Association Trusts and Estates Law Section
February 14, 2023
Uniondale, NY Stephanie Alberts, partner and co-chair of the firm’s tax, trusts & estates practice group of Forchelli Deegan Terrana LLP has been appointed as a vice-chair of the continuing legal education committee of the New York State Bar
P.W. Grosser Consulting hires three new associates and promotes six
February 14, 2023
Bohemia, NY P.W. Grosser Consulting, Inc. (PWGC) has hired three new associates for the engineering, environmental, environmental compliance and human resources division. Alejandro Zapata, project engineer at PWGC, has a wealth of experience in construction
Governor Hochul vetos legislation that would increase real estate taxes on condominiums and cooperat...
February 14, 2023
On December 22, 2022, governor Hochul vetoed Senate Bill S5946B, which passed both the Assembly and the Senate by votes of 143-3 and 38-25 respectively. The bill would have changed the valuation methodology mandated by state law for new condominiums and cooperatives
Farrell Fritz promotes Armentano, Baer, Sluka, Vaccaro, and Zoupaniotis to partner
February 14, 2023
Uniondale, NY Farrell Fritz has promoted John Armentano, Azriel Baer, Peter Sluka, Lisa Vaccaro and Irene Zoupaniotis to partner. Armentano, a St. James resident, is a land use and municipal litigation attorney. He earned his J.D., summa
Brookhaven Industrial Development Agency closes on economic package for proposed Medford warehouse
February 14, 2023
Medford, NY Frederick Braun, chairman of the town of Brookhaven Industrial Development Agency (IDA) has closed on a package of economic incentives for a warehouse proposed by a New York City developer.
H2M architects + engineers acquires Crew Engineers Inc.
February 14, 2023
Melville, NY H2M architects + engineers (H2M) has completed the acquisition of Crew Engineers, Inc. After the acquisition, Crew’s team will continue to reside in the Butler, NJ office and will have a primary focu
CIBS releases the executive board for 2023-2024 with co-presidents
February 14, 2023
Melville, NY The Commercial Industrial Brokers Society of Long Island (CIBS) has released the list of executive board members for 2023 – 2024. For the first time in the association’s history, two members have been selected to serve as co-presidents
Island Associates negotiates five lease agreements totaling 14,512 s/f
February 14, 2023
Middle Island, NY Island Associates negotiated five lease agreements for retail and office space at various properties. The Guitar Shoppe entered a lease agreement for 1,800 s/f of retail space at 1293 Middle Country Rd. on a long-term lease. The Guitar Shoppe
Ganz joins Kaufman Dolowich as construction practice partner
February 14, 2023
Woodbury, NY Kaufman Dolowich law firm has hired Michael Ganz as a partner. Ganz joins the firm’s construction law practice group, bringing more than 20 years’ experience focused almost exclusively in matters of construction law.
Hunt Corp. commercial real estate question and answer: Fundamentals in negotiation - by David Hunt
February 14, 2023
Q: Once we have found the building we want to purchase, what is the best way to start negotiations? A: Entire books have been written about the art of negotiating, so I can share only a few of the strategies that have helped me negotiate advantageous transactions for our clients.
Koenigsberg of American Investment Properties negotiates $800,000 sale of 218 Broadway
February 14, 2023
Bethpage, NY Ron Koenigsberg of American Investment Properties (AIP) listed and sold 218 Broadway, a 4,267 s/f converted residence to office building, for $800,000. The property was completely remodeled in 2006. There is signage in front of the building
Bayport Funding appoints Bar-Mashiah as chairman and Kaufman as CEO
February 14, 2023
Great Neck, NY Bayport Funding has appointed new leadership roles for its executive team. CEO and co-founder Ami Bar-Mashiah will now serve as the firm’s chairman, and president Marcia Kaufman will serve as CEO.
Northmarq arranges $80.084 million in refinancing for Roosevelt Raceway Center - grocery-anchored ce...
February 14, 2023
Westbury, NY Robert Delitsky, senior vice president/managing director of Northmarq’s New York City office collaborated with Charles Cotsalas, senior vice president/managing director of Northmarq’s Long Island office, to arrange $80.084 million
RXR to celebrate topping out of Two Clinton Park, 390-unit residential project in downtown New Roche...
February 28, 2023
New Rochelle, NY On Thursday, February 16, RXR, master developer of downtown New Rochelle will celebrate the topping out of Two Clinton Park, a 28-story mixed-use tower and the firm’s third development project in downtown. Two Clinton Park will offer
Google’s Sidewalk Labs hosts BOMA New York - by Lori Raphael
February 14, 2023
In the middle of December 2022, and only two weeks after BOMA New York announced the formation of its Proptech Committee, Google’s Sidewalk Labs and BOMA New York hosted an engaging, practical conversation on sustainability and decarbonization, followed by a facility tour
IREM NYC to hold annual dinner & awards on March 2nd
February 14, 2023
Manhattan, NY IREM NYC is celebrating the best and the brightest in New York property management at their annual dinner & awards on Thursday, March 2nd from 6-9 at 230 Fifth.