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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
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
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
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
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
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
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.
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
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
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
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.
Marx Realty leases 5,800 s/f to Rubric Capital at 10 Grand Central
May 5, 2020
Manhattan, NY According to Craig Deitelzweig, president and CEO of Marx Realty (MNPP), Rubric Capital signed a 5,800 s/f, seven-year lease on the 16th floor at 10 Grand Central. Rubric Capital secured the last of the Marx Realty’s
Eshaghoff’s West Egg Development expands in East Flatbush, Brooklyn
May 5, 2020
Brooklyn, NY West Egg Development, in partnership with Bobby Shamsian’s Brookbridge Developers, has acquired its fourth site on one block of East 53rd St. in the East Flatbush neighborhood. West Egg Development is owned and managed by Great Neck developer
O’Brien of M.C. O’Brien completes two leases totaling 34,500 s/f; collaborates with Kornspun of ...
May 5, 2020
Bronx, NY Michael O’Brien, III, SIOR, M.C. O’Brien Commercial Realty, LLC and Steven Kornspun, SIOR, RM Friedland Commercial Real Estate Services collaborated to complete
Janover LLC & IREON holds webinar: “COVID-19, its Impact on the Construction & Real Estate Indus...
May 5, 2020
strong>New York, NY IREON held a COVID-19 webinar for the commercial real estate industry. Produced by the accounting firm, Janover LLC. Steve Kirschner, the founder and COO of IREON, opened the webinar attended by over 100 owners,
JAACRES assists German Doner Kebab in US expansion
May 5, 2020
East Rutherford, NJ German Doner Kebab (GDK), a fast-casual dining chain plans to open 350 locations in the U.S. in the next seven years. Its first franchise will open at the American Dream mall.
May message from the president of NYSCAR - James Walker
May 5, 2020
The National Association of Realtors will hold their Legislative Meetings virtually. Please be sure to register so you can join in on programs such as the Economic Issues and Trends Forum. Go to
Remote leadership during the COVID-19 pandemic - by Shovkat Mamedov
May 5, 2020
The business dynamic caused by the COVID-19 pandemic has changed the face of commercial real estate in New York City and beyond. It is likely that we will see the impact of the economic shut down for months – possibly years – to come.
Company of the Month: IREON member, Sanico USA leads the way back to clean offices throughout NY Met...
May 5, 2020
New York, NY Sanico USA provides janitorial and cleaning services for over 100 commercial, industrial and medical buildings throughout the NY Metropolitan and suburban areas. In the past two weeks alone, the company has
LIHC Investment Group and Rockport Mortgage secure $74 million loan
May 5, 2020
Manhattan, NY LIHC Investment Group and Rockport Mortgage Corp. secured the closing of an FHA Section 223(f) refinancing loan totaling $74 million for Little Italy Restoration Apartments located at 21 Spring St. The property is owned by