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Cameron of LI Regional Planning Council speaks at LIBDC meeting
March 3, 2020
East Islip, NY Identifying taxes and a lack of affordable housing as the biggest challenges facing Long Island, John Cameron Jr., P.E., chairman of the Long Island Regional Planning Council, told the Feb. 4th meeting of the
Reducing your property taxes: Timing is everything - by Brad Cronin and Sean Cronin
March 3, 2020
Developers frequently inquire as to why two almost identical buildings in the same area can have significantly different tax burdens. A myriad of variables come into play when analyzing a property, but one aspect that is absolutely critical—and often
An environmental update for the next generation of real estate owners, investors and developers - by...
March 3, 2020
As real estate continues to be on the rise in the outer boroughs of New York City and elsewhere, more and more emphasis is being put on due diligence regarding environmental concerns. Understanding if toxic chemicals were located at a property have
Long Island Chapter of BOMA hosts holiday party at Matteo’s Trattoria on December 19th
March 3, 2020
strong>Huntington, NY BOMA LI Chapter enjoyed a fun night of mingling at their annual holiday party at Matteo’s Trattoria, 300 W. Jericho Tpke., with cocktails and dinner on Dec., 19th.
Daniel Gale Sotheby’s International Realty forms commercial division
March 3, 2020
Cold Spring Harbor, NY Daniel Gale Sotheby’s International Realty, one of the nation’s leading realtors, has formed DGNY Commercial, a commercial real estate entity affiliated with but a separate company from Daniel Gale Sotheby’s International Realty.
Freedberg of Suffolk Industrial Properties acts for SD Associates in $3.65 million sale
March 3, 2020
Amityville, NY Michael Freedberg of Suffolk Industrial Properties closed the sale of 6000 New Horizons Blvd. for $3.65 million. The building totals 24,000 s/f with 96 parking spaces, on two acres in the New Horizons Industrial Park.
365 Data Centers acquires Data Center from mindSHIFT Technologies; Bank Street Grp. advises seller
March 3, 2020
Commack, NY According to 365 Data Centers, a provider of cloud, connectivity, and data center services for enterprise, carrier, and content customers, it has acquired a data center facility at 500 Commack Rd. from mindSHIFT Technologies
Cohen of Ashlind Properties brokers sale of 8,540 s/f site
March 3, 2020
Farmingdale, NY According to Richard Cohen, president of Ashlind Properties, the firm consummated a sale for a 8,540 s/f property located at 250 Rte. 109, for $1.825 million.
Hunt Corp. Commercial Real Estate Question & Answer: Now is the time to sell
March 3, 2020
Let me start by issuing a caveat: Your circumstances are individual and are probably best addressed by your CFO or accountant. In general, however, the commercial real estate market on Long Island today favors selling your existing real estate and leasing the
Helen Keller Services for the Blind receives $25,220 grant from Long Island Real Estate Group
March 3, 2020
Hempstead, NY Helen Keller Services for the Blind (HKSB), a division of Helen Keller Services (HKS), has received a charitable grant of $25,220 from the Long Island Real Estate Group (LIREG). According to HKS president and CEO Kim Zimmer, the
Hunt Corporate Services, Inc. brokers leases totaling 27,831 s/f
March 3, 2020
Plainview, NY Hunt Corporate Services, Inc. arranged four leases totaling 27,831 s/f: At 137 Commercial St., Henry Schein, Inc., a solutions company for
Adam Rudman, CEO of Vcheck Global, one of the fastest growing businesses in the country
March 3, 2020
New York, NY Since becoming CEO of Vcheck Global in 2017, Adam Rudman has led Vcheck’s sales growth and expanded the company’s offerings as a leading provider of deep-dive due diligence background checks for
Message from the CEO of Bronx-Manhattan North Assoc. of Realtors: Time to be transparent - by Elieze...
March 3, 2020
The real estate industry was put on the defensive in 2019 with attacks coming from all different directions under the guise of expanding benefits and/or protecting tenants. The attacks were too many to go into great detail in
Bridge loan lenders want to know these four things - by Mordechai Beren
March 3, 2020
Bridge loans play an essential role in commercial real estate finance. Borrowers use bridge loans to meet a short-term financing need, despite their high rates. And there’s only a relatively select group of
CREW New York hosts “Economic Forecast: 2020 Vision”
March 3, 2020
New York, NY CREW New York kicked off 2020 with two important events. The first, “Economic Forecast: 2020 Vision: What Will the New Year Bring?” featured a discussion by Gregory Heym on
Giordano honored by LIBN
March 3, 2020
Woodbury, NY Partner John Giordano of Citrin Cooperman has been selected by the Long Island Business News as a recipient of the 40 Under 40 award which celebrates Long Island’s future leaders.
Largo expands operations
March 3, 2020
New York, NY According to Largo, the firm welcome the following: Will McKenna joins the firm as an originator in the
Bebon joins AmTrust
March 3, 2020
New York, NY Michael Bebon has joined AmTrust Title Insurance Co.’s CRE division as senior executive vice president of direct operations.
LERA elevates Jang to partner and promotes eight
March 3, 2020
New York, NY According to LERA Consulting Structural Engineers (LERA), Seokkwon Jang, Ph.D., P.E., has been named a partner. With the firm since 2004, Dr. Jang leads many of LERA’s commercial
Where can §1031 replacement property be located? - by Pamela Michaels
March 3, 2020
Since the Tax Cut and Jobs Act of 2018, real estate investors in the Northeast have had significantly increased appetites for purchasing replacement property in low or no income tax states. Many might say investors are