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Densen and Mayor of Island Assocs. broker sale for Shah’s Halal Foods
March 3, 2020
Medford, NY Lawrence Densen and Chris Mayor of Island Associates Real Estate have completed the sale of the stand-alone office building at 2650 Rte. 112. The property was sold by John Kudrick to Shah’s Halal Foods, a quick serve eatery offering
Racanelli Construction completes two build-outs for Good Samaritan Hospital
March 3, 2020
West Babylon, NY Racanelli Construction Company, Inc., a construction management, general contractor and design/build resource for commercial, industrial, retail, medical, pre-engineered and multi-unit residential projects, completed the
Engel Burman holds ribbon cutting for Encore senior living
March 3, 2020
Jericho, NY Engel Burman, a full-service real estate firm, redefined assisted living on Long Island 20 years ago with the creation of The Bristal Assisted Living communities. Continuing their tradition of innovation, they are now offering
Castagna, president of Castagna Realty, draws on three generations of vision, distinction and qualit...
March 3, 2020
New York, NY The New York Real Estate Journal (NYREJ) sat down with Catherine Castagna, this month’s Long Island executive of the month, for a question and answer session. Castagna is the president of Castagna Realty. Castagna: For over 50 years, my father, Frank Castagna, steered
Pal-O-Mine Equestrian receives $28,000 grant from LIREG
March 3, 2020
Islandia, NY Pal-O-Mine Equestrian, a not-for-profit agency providing therapeutic horseback riding and other programs for individuals with disabilities and other vulnerable populations, has received a charitable grant of $28,000 from the
Getting past the “gatekeeper” to get to the “decision maker”
March 3, 2020
To be continually successful in commercial real estate you need to prospect every day, this includes cold calling. The challenge is to get the “decision maker” on the phone, which often means getting past their secretary. A simple solution that
Kennedy of Forchelli Deegan Terrana LLP named to LIBN’s 40 Under 40
March 3, 2020
Woodbury, NY According to Forchelli Deegan Terrana LLP, (FDT) Land Use & Zoning associate Brian Kennedy was selected as a recipient of LIBN’s 40 Under 40 Award, which
Jaeger honored with NYSAR Community Service Award
March 3, 2020
Port Jefferson, NY The New York State Association of Realtors honored Lisa Jaeger as one of two honorees of its 2019 Community Service Award in recognition for her dedication and involvement in cancer awareness and assisting the feral cat and
Rosen-Nikoloff appointed SVP, gen. counsel at LIHP
March 3, 2020
Hauppauge, NY The Long Island Housing Partnership, Inc. (LIHP) hass appointed Jill Rosen-Nikoloff, Esq. as senior VP and general counsel.
Hofstra University teams with Leap EDU, to offer Realtor training courses
March 3, 2020
Hempstead, NY Hofstra University has entered into a partnership with one of the region’s leading independent real estate schools, Leap EDU, to offer a wide range of real estate professional training courses at its campus.
Comm’l. Industrial Brokers Society host State of the Industry panel
March 3, 2020
Melville, NY Leading Long Island real estate professionals said that the region’s industrial property market remains strong as new mega warehouses near development, while housing developers said that Long Island has been unable to
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