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MAG Capital Partners acquires 42,700 s/f SatisPie facility in Rochester

MAG Capital Partners acquires 42,700 s/f SatisPie facility in Rochester

May 5, 2020
Rochester, NY MAG Capital Partners, LLC has completed the acquisition and 20-year leaseback of a frozen pie manufacturing facility.
Commercial Classroom: The questions we ask - by Ed Smith

Commercial Classroom: The questions we ask - by Ed Smith

May 5, 2020
To service our customers professionally we must gather the information they will want to know in an organized efficient manner. Learning the questions to ask begins with what to say when you first meet someone new.
McGivern joins Twomey, Latham, Shea, Kelley, Dubin & Quartararo, LLP

McGivern joins Twomey, Latham, Shea, Kelley, Dubin & Quartararo, LLP

May 5, 2020
Riverhead, NY According to Twomey, Latham, Shea, Kelley, Dubin & Quartararo, LLP, Joan Morgan McGivern has joined the firm as of counsel.
Blumenfeld Development Group provides meals to healthcare workers at Northwell Health’s Cohen’s Children Medical Center

Blumenfeld Development Group provides meals to healthcare workers at Northwell Health’s Cohen’s ...

May 5, 2020
Woodbury, NY Blumenfeld Development Group Shows Appreciation for Healthcare Professionals - Syosset based real estate developer, Blumenfeld Development Group, (BDG) provided hot meals to
The Rochlin Organization welcomes Holmes

The Rochlin Organization welcomes Holmes

May 5, 2020
Melville, NY According to the Rochlin Organization, Elizabeth Holmes has joined the firm as a full-time real estate salesperson.
FDT’s Kawochka named co-chair of NCBA Legal Administrators Committee

FDT’s Kawochka named co-chair of NCBA Legal Administrators Committee

May 5, 2020
Uniondale, NY Virginia Kawochka, administrator at Forchelli Deegan Terrana LLP (FDT), is a co-chair of the Nassau County Bar Association’s (NCBA) newly-introduced Legal Administrators Committee.
From coronavirus to the Fed’s latest rate cut, comm’l. real estate investors must remain proactive - by Nicholas Racanelli

From coronavirus to the Fed’s latest rate cut, comm’l. real estate investors must remain proacti...

May 5, 2020
The opening line from the Charles Dickens novel, A Tale of Two Cities, “It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness…” comes to mind in how
Real property transfers prior to filing a mechanic’s lien and a contractor’s recourse under the lien law - by Andrew Richards and Giulia Escobar

Real property transfers prior to filing a mechanic’s lien and a contractor’s recourse under the ...

May 5, 2020
Generally speaking, pursuant to New York Lien Law §10, a mechanic’s lien can be filed at any time during construction and within eight months after the last day work is performed at the project.
COVID-19 may provide real estate taxpayers another chance to reduce taxes - by John Terrana and Gabriella Botticelli

COVID-19 may provide real estate taxpayers another chance to reduce taxes - by John Terrana and Gabr...

May 5, 2020
New York property owners who routinely challenge their real estate taxes are probably familiar with the three-year moratorium that applies in many tax certiorari settlements.
Nassau County LEAC to assist Kellenberg HS $10.2 million bond sale

Nassau County LEAC to assist Kellenberg HS $10.2 million bond sale

May 5, 2020
Uniondale, NY According to Richard Kessel, chairman of the Nassau County Local Economic Assistance Corp., (LEAC) the agency has given preliminary approval of $10.2 million in bond financing to
LIREG presents two local charities with emergency grants

LIREG presents two local charities with emergency grants

May 5, 2020
Westbury, NY LIREG co-presidents Sean Cronin and Allison Brennan awarded emergency grants to two Long Island charities.
Hunt Corp. Commercial Real Estate Q&A: Dual agency - by David Hunt

Hunt Corp. Commercial Real Estate Q&A: Dual agency - by David Hunt

May 5, 2020
Q: We are in the process of hiring an exclusive broker to represent us in leasing office space for our new corporate headquarters. He mentioned the possibility of dual agency in handling this assignment.  What is dual agency and how would it affect us?
Nassau County IDA gives preliminary approval for economic development incentives

Nassau County IDA gives preliminary approval for economic development incentives

May 5, 2020
Mineola, NY According to Richard Kessel, chairman of the Nassau County Industrial Development Agency (IDA), the agency’s board has given preliminary approval to a package of
Tsiolis of Diversified Realty LI brokers 10 leases totaling 55,567 s/f

Tsiolis of Diversified Realty LI brokers 10 leases totaling 55,567 s/f

May 5, 2020
Hicksville, NY Diversified Realty LI, Inc. has completed the following lease transactions: Art Tek, a custom furniture company, leased 9,100 s/f at 9 Commercial St. Tommy Tsiolis of Diversified Realty represented the the tenant, while the landlord was
CIBS donates 16,000 bottles of water to healthcare workers

CIBS donates 16,000 bottles of water to healthcare workers

May 5, 2020
Syosset, NY The Commercial Industrial Brokers Society (CIBS) of Long Island donated 16,000 bottles of water to the medical community and healthcare workers at two Long Island hospitals. The donations were delivered to
Suffolk County IDA establishes COVID-19 Sales Tax Relief Equipment Program

Suffolk County IDA establishes COVID-19 Sales Tax Relief Equipment Program

May 5, 2020
Hauppauge, NY The Suffolk County Industrial Development Agency (IDA), in collaboration with Suffolk County’s broader economic development agencies, has passed a new program called the COVID-19 Sales Tax Relief Equipment Program.
Royal Properties brokers two leases for Mixology Clothing Co.

Royal Properties brokers two leases for Mixology Clothing Co.

May 5, 2020
Oceanside, NY According to Royal Properties, Inc., Mixology Clothing Co. has signed two new leases on Long Island, bringing their Long Island distribution to six stores.
IREON member Turner of Chiesa Shahinian & Giantomasi, PC named a top EB-5 finance attorney

IREON member Turner of Chiesa Shahinian & Giantomasi, PC named a top EB-5 finance attorney

May 5, 2020
New York, NY According to IREON, Clem Turner, of Chiesa Shahinian & Giantomasi, PC has been named to EB-5 Investors Magazine’s list of Top 15 Corporate EB-5 Attorneys,
Singer, Okamoto and Zhang donate 7,000 masks and PPE to Westchester Police Departments

Singer, Okamoto and Zhang donate 7,000 masks and PPE to Westchester Police Departments

May 5, 2020
White Plains, NY Thanks to the efforts of three Westchester businessmen, over 7,000 masks and other personal protective equipment (PPE) are on their way to Police Departments across Westchester.
DXA studio retained by Rivington Co. to design 50-unit Brooklyn property

DXA studio retained by Rivington Co. to design 50-unit Brooklyn property

May 5, 2020
Brooklyn, NY DXA studio has been engaged by the Rivington Co. to design a new residential property at 21 Garden St. in the Bushwick neighborhood.