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Great American Brokerage handles 6,000 s/f lease
February 2, 2021
Smithtown, NY According to Paul Fetscher, president of Great American Brokerage, the firm completed a long term lease of a 6,000 s/f restaurant to Osteria Umbra. The chef/owner is Marco Pellegrini, accompanied by his wife,
Cushman & Wakefield arranges 10,064 s/f lease for Northwell Health
February 2, 2021
Huntington, NY Cushman & Wakefield arranged a long-term, 10,064 s/f lease for Northwell Health at 400 Park Ave., a planned one-story medical office development near Huntington Hospital.
Hunt Corp. Commercial Real Estate Q&A: Seven steps for maximizing economic benefits - by David Hunt
February 2, 2021
Q: Our company is a 30-year-old engineering and production company and we definitely need to expand in the next couple of years. As we consider our real estate needs, we are also trying
Stonegate Real Estate exclusively brokers three deals totaling $2.737m
February 2, 2021
Valley Stream, NY Stonegate Real Estate completed the following transactions: • 99 4th St., Valley Stream sold for $930,000. Robert Heicklen of Stonegate handled this transaction acting as exclusive agent.
Terwilliger & Bartone commits to habitat restoration and stormwater management as essential elements...
February 2, 2021
Farmingdale, NY Terwilliger & Bartone Properties, a LI-based builder of luxury rental communities, has committed to habitat restoration and stormwater management as essential elements in all their projects.
Nassau County IDA approves deal with Kravet
February 2, 2021
Mineola, NY The Nassau County Industrial Development Agency has approved a transaction which will keep Kravet Inc. in Nassau County and commits them to a $16 million investment for the acquisition, which includes
Ashlind Properties facilitates sale of 90,000 s/f in Bohemia for $14.4m
February 2, 2021
Bohemia, NY
According to Richard Cohen, president of Ashlind Properties, less than two months from inspecting the facility to closing on December 30th, 2020, North Atlantic Industries Inc. was able to purchase
Parker joins Sahn Ward PLLC as partner
February 2, 2021
Uniondale, NY According to Sahn Ward PLLC, John Parker has joined the firm as a partner. He will lead the firm’s Environmental, Energy and Resources Practice Group.
Urban Edge Properties acquires 1.2 million s/f Sunrise Mall in Massapequa from Unibail-Rodamco-Westf...
February 2, 2021
Massapequa, NY Urban Edge Properties has acquired Sunrise Mall from Unibail-Rodamco-Westfield for $29.7 million plus up to $6 million of additional contingent consideration. The property encompasses 1.2 million s/f
February message from the president of NYSCAR - by James Walker
February 2, 2021
>The NYSCAR Board of Governors will be meeting on February 4, 2021 via Zoom. I’m looking forward to a productive meeting with the board members from across the state. On February 3rd, NYSCAR will sponsor
Honors joins Sutton RE
February 2, 2021
Syracuse, NY Kelly Honors joins Sutton Real Estate as the new receptionist. Her role is greeting and welcoming guests and providing them with a positive first impression of the organization.
Freed Maxick welcomes Becker as director
February 2, 2021
Buffalo, NY Alexis Becker, CPA has joined Freed Maxick as a director within the firm’s Client Accounting and Advisory Services (CAAS) Department. Becker is a graduate of John Carroll University
B&C Storage acquires self storage facility in Liverpool
February 2, 2021
Liverpool, NY B&C Storage, a locally owned storage company headquartered in Syracuse, acquired a self-storage facility. This marks B&C Storage’s 17th storage facility located in the Central New York area.
CPC and REI REI LLC close $1.5m financing for Liberty St. Lofts
February 2, 2021
Penn Yan, NY The Community Preservation Corp. (CPC) and REI REI LLC, whose principals are Cindy and Vincent Rosato, closed $1.5 million in construction and permanent financing to rehabilitate Liberty Street Lofts into an
Miceli of Largo Capital arranges $31 million non-recourse loan
February 2, 2021
Buffalo, NY Largo Capital closed the following: Perry Miceli, principal at Largo Capital, arranged financing for a portfolio of garden style apartments. Placed with one of Largo’s correspondent life
Buchholz of SWBR earns CDT Certification
February 2, 2021
Rochester, NY According to SWBR, project designer Matthew Buchholz earned his certification in Construction Documents Technology (CDT). A CDT provides a comprehensive overview for professionals who write,
RAC NYSCAR welcomes Amorese, Burke to board
February 2, 2021
Rochester, NY The Rochester Area Chapter of the New York State Commercial Association of Realtors (RAC NYSCAR) has added two new directors to their Board of Directors for 2021. They are Alex Amorese of
Vanguard-Fine, LLC brokers two sales, leases over 24,889 s/f
February 2, 2021
Plattsburgh, NY Vanguard-Fine, LLC completed the following: Barry Feinman and Kenneth Brownell of Vanguard-Fine, LLC, with Domnic Pavia of Pavia Real Estate brokered a sale of a property on Rte. 3 between purchaser
Message from the president of NAIOP Upstate NY Chapter - by Amy Nagy
February 2, 2021
For many, 2020 was not a resounding success personally or professionally; yet there were triumphs, and I believe they were the type of victories that will carry forward into 2021. While I will be happy to get back to the office, and my children back in schools,
Cannata-LaRocca, Nave and Tyminski of Sutton lease 2,670 s/f; firm also closes sale of two hotels
February 2, 2021
Syracuse, NY Sutton Real Estate completed the following: • Kristen Nave and Karen Cannata-LaRocca represented the landlord in the lease of a 2,670 s/f restaurant space at Creekwalk Commons,