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HUNT Real Estate named top brokerage in ERA Real Estate network for sales volume, units sold

HUNT Real Estate named top brokerage in ERA Real Estate network for sales volume, units sold

April 12, 2022
Buffalo, NY For the third year in a row, ERA Real Estate has recognized HUNT Real Estate ERA as their top-ranked real estate firm for both sales volume and
Axiom Capital Corp. structured and arranged a $13.5 million permanent loan

Axiom Capital Corp. structured and arranged a $13.5 million permanent loan

April 12, 2022
Saratoga Springs, NY Axiom Capital Corp. has structured and arranged a $13.5 million permanent loan. The 10-year, fixed rate, non-recourse loan will be
Storage Post Self Storage purchases 4-property portfolio totaling 370,000 s/f

Storage Post Self Storage purchases 4-property portfolio totaling 370,000 s/f

April 12, 2022
Garden City, NY According to Storage Post Self Storage, it has completed the acquisition of a four-property self-storage portfolio in the
Zere of Zere Real Estate Services honored by Queens Village Republican Club

Zere of Zere Real Estate Services honored by Queens Village Republican Club

April 12, 2022
Ronkonkoma, NY Marie Zere, president and CEO of Zere Real Estate Services received the “Business Woman of the Year” award for
EW Howell Construction Group  unveils new executive leadership

EW Howell Construction Group unveils new executive leadership

April 12, 2022
Plainview, NY According to EW Howell Construction Group, one of the region’s leading builders, Daniel Williams has been appointed
Core Title Services welcomes Slive

Core Title Services welcomes Slive

April 12, 2022
Lake Success, NY Core Title Services, a real estate title company, welcomed Mike Slive to its leadership team as senior vice president and underwriting counsel.
Krieger named president of Long Island Builders Institute

Krieger named president of Long Island Builders Institute

April 12, 2022
Islandia, NY The Long Island Builders Institute (LIBI) named a new roster of officers and board members, including Steven Krieger of Engel Burman as president.
Keystone 1031 fully subscribes its $28.775m DST offering

Keystone 1031 fully subscribes its $28.775m DST offering

April 12, 2022
Jericho, NY According to Mike Packman, founder and CEO, Keystone 1031 has fully subscribed its $28.775 million Keystone 1031 Net Leased Portfolio DST offering, which is
Breslin Realty secures four leases

Breslin Realty secures four leases

April 12, 2022
Garden City, NY Breslin Realty completed the following lease transactions: Breslin Realty secured a long-term lease renewal with Bed Bath & Beyond at
Zoning & non-conforming uses in commercial real estate - by Ron Koenigsberg

Zoning & non-conforming uses in commercial real estate - by Ron Koenigsberg

April 12, 2022
As a real estate owner, you are likely aware of your local zoning laws and how your property must comply with these rules. However, zoning laws can change and
Avison Young and Newmark secure lease expansion and extension totaling 8,615 s/f

Avison Young and Newmark secure lease expansion and extension totaling 8,615 s/f

April 12, 2022
Westbury, NY Avison Young’s New York and Long Island offices have arranged the expansion and lease extension of United Women’s Healthcare’s
Samanea New York celebrates opening of 99 Ranch Market

Samanea New York celebrates opening of 99 Ranch Market

April 12, 2022
Westbury, NY Samanea New York, the new retail, entertainment and dining destination located at 1500 Old Country Rd., welcomes 99 Ranch Market to
Guarino of ERG Commercial RE delivers $4.2 million in refinance loans

Guarino of ERG Commercial RE delivers $4.2 million in refinance loans

April 12, 2022
Carle Place, NY ERG Commercial Real Estate’s Mary Guarino has delivered a $2.7 million refinance loan for the owner of 255 Glen Cove Rd.
Rosner and McGuire of NAI LI sell Blue Point Marina for $6.7 million

Rosner and McGuire of NAI LI sell Blue Point Marina for $6.7 million

April 12, 2022
Blue Point, NY NAI Long Island, the Long Island office of NAI Global, a leading global commercial real estate brokerage firm, negotiated the
American Investment Properties exclusively sells six-unit retail in North Bellmore for $1.075 million

American Investment Properties exclusively sells six-unit retail in North Bellmore for $1.075 millio...

April 12, 2022
North Bellmore, NY American Investment Properties retained the exclusive listing agreement to sell a fully leased six-unit retail property at
Hunt Corp. Commercial Real Estate Q&A: Lease Escalations - by David Hunt

Hunt Corp. Commercial Real Estate Q&A: Lease Escalations - by David Hunt

April 12, 2022
Q: What is a fair rent increase in a commercial lease? My firm is negotiating a lease on an industrial building, and the landlord is asking for a 4% escalation every year. Is there a standard rent increase for industrial leases?
DASNY issues $30.7 million financing to support Oceanside Library construction

DASNY issues $30.7 million financing to support Oceanside Library construction

April 12, 2022
Oceanside, NY According to Reuben McDaniel III, president & CEO of The Dormitory Authority of the State of New York (DASNY), DASNY has issued
Densen and Mayor of Island Associates broker $515,000 sale with Karp of Coldwell Banker

Densen and Mayor of Island Associates broker $515,000 sale with Karp of Coldwell Banker

April 12, 2022
Lake Grove, NY Lawrence Densen and Chris Mayor of Island Associates Real Estate, a Smithtown-based commercial real estate broker and developers,
Kleinberg and Staudigel of Tri-State Properties handle $4.975 million sale

Kleinberg and Staudigel of Tri-State Properties handle $4.975 million sale

April 12, 2022
Wading River, NY Ron Kleinberg and Dale Staudigel, co-presidents of Tri-State Properties, brokered the sale of The North Wind Professional Park located at
ACRES Capital originates $34 million loan for The Rose at Great Neck; design by Mojo Stumer Associates

ACRES Capital originates $34 million loan for The Rose at Great Neck; design by Mojo Stumer Associat...

April 12, 2022
Great Neck, NY ACRES Capital Corp., with its subsidiaries, (ACRES) a leading commercial real estate middle-market lender, has originated a $34 million loan to