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CBRE Long Island welcomes Breslin and Yip
January 11, 2022
Melville, NY According to CBRE Long Island, Patrick Breslin and Kenny Yip have joined the firm as executive vice president and vice president, respectively.
American Investment Properties handles $981,000 land sale
January 11, 2022
Merrick, NY Ron Koenigsberg, president of American Investment Properties, completed the sale of a .53 acre site. The purchase price was $981,000.
Fryer of G.S. Wilcox secures $7.5 million in financing
January 11, 2022
Franklin Square, NY According to G.S. Wilcox & Co., principal David Fryer has secured $7.5 million in financing for a 45,000 s/f shopping center.
Cotsalas and DesRochers of Northmarq secure $17m refinance
January 11, 2022
Port Jefferson, NY Charles Cotsalas, senior vice president/senior director of Northmarq’s Long Island office and Ernest DesRochers,
Medler of H2M receives NCIDQ Interior Designer certification
January 11, 2022
Melville, NY According to H2M architects + engineers, Kevin Medler, RA, NYSCEO, NCIDQ, assistant studio manager, received his NCIDQ Interior Designer certification
Rochlin Organization brokers $6m for Lighthouse Real Estate Ventures
January 11, 2022
West Hempstead, NY The Rochlin Organization handled the sale of 60 Hempstead Ave. The $6 million sale was coordinated on the
Daniel Gale Sotheby’s International Realty to open new Huntington office
January 11, 2022
Huntington, NY Daniel Gale Sotheby’s International Realty (DGSIR) is in the process of moving its long-time office to a corner location at 263 Main St.
Keystone hires Miller as new director of sales
January 11, 2022
Jericho, NY Keystone National Properties (KNPRE), a sponsor of impact and tax advantaged investments, has hired Art Miller to lead the firm’s sales efforts.
The Birch Group acquires two class A buildings for $212 million from DRA Advisors and Onyx Equities
January 11, 2022
Jericho, NY The Birch Group, a privately-held commercial real estate investor, owner and operator, completed the $212 million acquisition of
Nassau IDA approves 113,815 s/f project: $56 million
January 11, 2022
Jericho, NY The Nassau County Industrial Development Agency (NCIDA) has approved a transaction for JP Optionee LLC to develop, construct and
Hunt Corp. Commercial Real Estate Q&A: Six essential rules for closing deals - by David Hunt
January 11, 2022
Q: We are trying to buy an industrial building for our distribution business. We have lost two deals in a row, and are getting frustrated. I’m wondering what suggestions you might have to actually close a deal once you have found the property you want?
Manhattan Skyline Management leases 910 s/f to A La Mode Shoppe
January 11, 2022
East Hampton, NY Manhattan Skyline Management Corp., reached a new agreement with A La Mode Shoppe, an ice cream shop, to
Hempstead IDA approves incentives for S&S Atlantic Realty project
January 11, 2022
Hempstead, NY Fred Parola, CEO of the Town of Hempstead Industrial Development Agency (IDA), said the agency has approved a package of
Kelly and Richman of SRS RE Partners facilitate $9.7 million sale for Carvana
January 11, 2022
Garden City, NY According to Schuckman Realty, online car retailer Carvana purchased 1.9 acres of land for $9.7 million. The property, which is located at
Bestreich Realty Group completes three sales: $5.007 million total
January 11, 2022
Brooklyn, NY Bestreich Realty Group (BRG) handled the following transactions:
Hudson Valley Pattern for Progress appoints Bosch as president, CEO
January 11, 2022
Newburgh, NY The board of directors at Hudson Valley Pattern for Progress appointed Adam Bosch to be the organization’s next president and CEO.
Enterprise closes two Low-Income Housing Tax Credit funds totaling $365 million
January 11, 2022
New York, NY According to Enterprise Community Partners, they have completed the closing of Enterprise Housing Partners Funds XXXVI (EHP 36) and XXXVII (EHP 37), two Low-Income Housing Tax Credit
TEK Realty Advisors brokers two sales, includes $7.9m sale of Queens industrial building
January 11, 2022
Queens, NY TEK Realty Advisors LLC (TEKRA) has brokered the $7.9 million sale of a 21,500 s/f high bay industrial building located at
New York wage theft law promises major change for contractors by Jason Finkelstein and Aaron Brotman...
January 11, 2022
New York’s new wage theft law – expected to have a major impact on the construction industry state-wide – went into effect on January 4th, 2022 and will apply to
Lieberman of Resolution RE negotiates two leases
January 11, 2022
Manhattan, NY Evan Lieberman, senior director/leasing at Resolution Real Estate Partners LLC, a member of NAI Global, has arranged two new leases at