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CDCLI and Conifer Realty begin demolition for new mixed-use development
May 4, 2021
Port Jefferson, NY Community Development Corp. of Long Island (CDCLI) and Conifer Realty, LLC joined the mayor of Port Jefferson Village, Margot Garant; Suffolk’s County executive, Steve Bellone; and other local
Chen of FDT appointed to Asian American Bar Association of NY Real Estate Committee
May 4, 2021
Uniondale, NY According to Forchelli Deegan Terrana LLP, Asian American Bar Association of New York (AABANY) president Terrence Shen has appointed Jane Chen a
Zere of Zere Real Estate Services closes three leases: 15,500 s/f total
May 4, 2021
Ronkonkoma, NY Michael Zere, senior vice president at Zere Real Estate Services closed three lease transactions totaling 15,500 s/f.
P.W. Grosser Consulting welcomes Raphael, Usmonov, Hamilton and Monti
May 4, 2021
Bohemia, NY To meet the continued demand for the services offered by P.W. Grosser Consulting, Inc.’s (PWGC) Engineering and Environmental Units, Pamela Raphael, Jay Usmonov, William Hamilton and Ashley Monti have joined the firm.
Hunt Corp. Commercial Real Estate Q&A: Lease options - by David Hunt
May 4, 2021
Q: Our company is negotiating a long-term lease for a new manufacturing facility. How important is an option to renew or purchase? A: The definition of an option is a provision in an agreement that gives one party the right, but not the obligation, to exercise a right of
JK Equities receives approval for Roslyn mixed-use development; design by Mojo Stumer Assocs.
May 4, 2021
Roslyn, NY Locally-based JK Equities led by father-son duo Jerry and Jordan Karlik, received zoning approval from the Village of Roslyn’s Board of Trustees to construct a mixed-use building at
O’Hara, Posillico, and Schachner launch new firm: CAMCO Commercial Real Estate
May 4, 2021
Port Jefferson Station, NY CAMCO Commercial Real Estate LLC, a commercial real estate brokerage, announced its founding. Long time colleagues Lorraine O’Hara, Patricia Posillico, and Aric Schachner
Vanderbilt Realty closes on industrial site sale
of 2045 Wellwood Ave in Farmingdale for $3.2 mi...
May 4, 2021
Farmingdale, NY Vanderbilt Realty completed the closing of 2045 Wellwood Ave. The purchase price was $3.2 million, which equates to over $164 per s/f.
May, 2021 message from the president of NYSCAR - by James Walker
May 4, 2021
Education has been an on-going free benefit to the membership this year. Many thanks to Edward Smith, Jr., for teaching during the April Spring Conference hosted by the
Largo secures five loans totaling $16.25 million
May 4, 2021
Buffalo, NY Largo Group of Companies has completed the following: Kevin Ross, VP of originations, secured a $6.3 million loan for
Concerning intended use and user value conflicts in commercial real estate - by John Rynne
May 4, 2021
Appraisers have many talents which allows them to more easily see the “forest through the trees.” The ability to understand the underlying causes of supply and demand enables the appraiser to
A year of transformative and modern development in Broome County - by Stacey Duncan
May 4, 2021
In a year of challenges, it is often difficult to find the time to celebrate and build on the successes. With the COVID-19 pandemic, much of our efforts this past year were directed to supporting
Bricks & mortar retail: Upstate in the COVID-19 aftermath - Part 2 - by Tom Bailey and Sean Phelan
May 4, 2021
As we began Part I last month, consider Upstate New York as topped by four rust-belt cities with MSA populations of approximately one million each, bisected by a “Main St.” boasting agricultural and
SWBR honored by NYS Buildings of Excellence for two projects
May 4, 2021
Rochester, NY Two SWBR projects were recently selected as winners in Round Two of New York State’s Buildings of Excellence Competition for the design of a
Funiciello of JF Real Estate brokers 1,700 s/f
May 4, 2021
Syracuse, NY According to JF Real Estate, the former Roji Tea space in the White Memorial Building, 108 East Washington St., is under lease with a new tea company, 210 Teas.
Ulster County Economic Dev. Office celebrates 3 projects
May 4, 2021
Kingston, NY With the continued growth of Ulster County, located two hours north of New York City, the Ulster County Economic Development Office celebrated news from
Kennedy Funding closes $850,000 loan for Seventy-Six development
May 4, 2021
Albany, NY The Seventy-Six development promises to be a transformative addition to the city’s South End neighborhood, and thanks to a loan from
Lithium-ion Gigafactory secures significant funds for Endicott facility
May 4, 2021
Endicott, NY According to Imperium3 New York Inc. (iM3NY), Riverstone Credit Partners, L.P. (Riverstone Credit Partners), Riverstone Holdings LLC (Riverstone), and Magnis Energy Technologies (Magnis) have completed
Heidenberg Properties Group leases 30,000 s/f to Farmer’s India Market at the 140,798 s/f Albany C...
May 4, 2021
Colonie, NY Heidenberg Properties Group, owners of the Kohl’s Plaza, has executed a lease with emerging grocer Farmer’s India Market for a
BOMA New York hosts April Lunch and Learn
May 4, 2021
The April edition of BOMA New York’s virtual Lunch and Learn webinar offered a sobering forecast of the tasks that building owners and managers will be expected to perform in order to comply with