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Rudin Management wins award from AEE
October 6, 2020
New York, NY The Association of Energy Engineers (AEE), a nonprofit professional society that promotes the scientific and educational interest of those engaged in the energy industry and to foster
Magnum 1 Realty LLC launches sales at The Bevy condominium
October 6, 2020
Queens, NY According to developer Magnum 1 Realty LLC, sales have officially launched at The Bevy, a new condominium in Astoria, adding 10 modern studio and one-bedroom units to the neighborhood. Local brokerage Modern Spaces is exclusively handling marketing and sales for the building, located
Governor Cuomo finalizes new standards to cut hydrofluorocarbons; NYSERDA launches $3m Next Generati...
October 6, 2020
Albany, NY According to governor Andrew Cuomo, new regulations have been finalized to significantly reduce the use of hydrofluorocarbons (HFCs) in New York and help prevent these climate-altering gases from affecting the state’s environment and public health. HFCs are a group of potent
Building community through amenities - by Leslie Fajfar
October 6, 2020
From concierge services to fitness and business centers, there are plenty of ways to increase residential communities appeal through amenities. A study done by the National Apartment Association, stated that
Nassau County IDA to support 101 Channel LLC proj.
October 6, 2020
Port Washington, NY The Nassau County Industrial Development Agency (NCIDA) has approved support for a $15 million investment by 101 Channel LLC, an affiliate of Lunar Module Park, LLC, to renovate a 100,000 s/f facility into a film studio. The former Publishers Clearing House building, located at 101 Channel Dr
Commercial Classroom: The changing office environment - by Edward Smith
October 6, 2020
In the “old” day’s office space was figured at 250 s/f per employee, with each employee having their own desk and a significant number of private offices. In the 1980s, the firm Ernst and Young realized that most of their workforce spent most of
Antario of Suffolk Realty Group and Curtis of One Realty Services partner on two deals; Curtis also ...
October 6, 2020
Brightwaters, NY Suffolk Realty Group, Inc. and One Realty Services, Inc. have handled the following transactions: Harry Antario, licensed associate real estate broker of Suffolk Realty Group, Inc. and Patrick Curtis, the corporate broker for locally-based One Realty Services, Inc., have brokered
Metro Realty Services handles $1.45m sale; leases 6,000 s/f total
October 6, 2020
West Babylon, NY Metro Realty Services, LLC completed the following transactions: Jeremy Hackett and Andrew Blumenthal of Metro Realty Services, LLC sold 11,312 s/f at 260 Montauk Hwy. in Bay Shore. Hackett and Blumenthal represented both
Forchelli of FDT appointed trustee of Wagner College
October 6, 2020
Uniondale, NY Forchelli Deegan Terrana LLP’s (FDT) managing partner, Jeffrey Forchelli, was appointed a trustee of Wagner College, a private liberal arts college on Staten Island
Marcus & Millichap completes sale/financing of 60,896 s/f ShopRite
October 6, 2020
Uniondale, NY Marcus & Millichap completed the sale and financing of a 60,896 s/f ShopRite grocery store. The property sold for $19.5 million. Wolfe and Glen Kunofsky in the firm’s Manhattan office represented the seller. Brad Nathanson of Marcus & Millichap’s Institutional Property Advisors (IPA) division in
Hunt Corp. Commercial Real Estate Q&A: Tenant expansion options
October 6, 2020
Q: What is the best way to allow space expansion capability in our lease negotiations? A: Probably the most common lament that I hear one year after a tenant has occupied new space is
Densen and Mayor of Island Associates facilitate $1.435 million sale
October 6, 2020
Smithtown, NY Island Associates Real Estate, Smithtown-based commercial real estate brokers and developers, handled the sale of the Castro Medical Building located at 1056 West Jericho Tpke. and the adjoining lot. The sale price was $1.435 million.
Murphy of Douglas Elliman leads 6 sale closings totaling $10.039 million
October 6, 2020
Bohemia, NY The Commercial Division of Douglas Elliman completed the following transactions: 4875 Sunrise Hwy.: A 26,000 s/f office building sold for $4.15 million. Michael Murphy of DE Commercial represented the seller, Romaz Properties and Greg Mogil of Mogil Realty represented
HUNT Real Estate fundraisers collect $26,000
October 6, 2020
Buffalo, NY In response to the overwhelming needs within our communities due to the COVID-19 pandemic, HUNT Real Estate sales professionals and employees organized and participated in multiple fundraisers and charitable initiatives across New York State this summer. Nearly $20,000 was raised in total
Finiki of Largo Capital secures $5 million in preferred equity financing
October 6, 2020
Buffalo, NY Tim Finiki, vice president of originations at Largo Capital, secured $5 million in preferred equity financing for the construction of a boutique hotel development in Austin, TX
Clignett and Tarazona join HUNT Engineers & Architects Engineering
October 6, 2020
Rochester, NY HUNT Engineers & Architects Engineering welcomed Audrey Clignett, EIT and Julieth Tarazona. The new hires bolster the firm’s engineering capacity with additional site/civil
Uniland opens $14.4 million Hampton Inn Buffalo-Amherst; first hotel in North America certified in U...
October 6, 2020
Amherst, NY Uniland Development Company opened its new $14.4 million, 107-room Hampton by Hilton hotel, the first in North America certified in Universal Design. The Hampton Inn Buffalo-Amherst at The Northtown Center athletic complex is is UD certified in Universal Design, an emerging standard
Cushman & Wakefield | Pyramid Brokerage welcome Skaarup as commercial real estate salesperson
October 6, 2020
Albany, NY Cushman & Wakefield | Pyramid Brokerage Co. hired their newest commercial real estate salesperson, Jared Skaarup
October message from the president of NYSCAR - by James Walker
October 6, 2020
The Fall is a great time of year to take some good education. Below are some courses scheduled in Syracuse and the Hudson Valley
TAYLOR, the Builders takes part in 8th annual “21 Stories for Scouts” fundraising event
October 6, 2020
Rochester, NY As part of the 8th Annual Seneca Waterways Council “21 Stories For Scouts” rappelling event on May 19th, Steven Hickey, David Ricci, Geoff Cook, Ryann Cook, and Jon Fogle accepted the challenge to defy gravity by rappelling 21 stories