Inwood, NY CBRE has completed the $6.2 million sale of an industrial property located at 500 Bayview Ave. The 40,000 s/f building was purchased by Northbridge Partners. The CBRE investment properties team of Elli Klapper, Jay Gelbtuch and Charles Berger, along with Ralph Guiffre of brokerage services, represented the seller, Signal Transformer.
Melville, NY Kensington Vanguard National Land Services (KV), one of the leading title insurance and settlement agencies in the U.S., has acquired Legal 1031 Exchange Services, LLC (Legal 1031), one of the largest independent 1031 exchange service providers in the eastern United States.
Melville, NY BOMA Long Island will hold “Building Relationships with BOMA” on August 22. Be a part of this year’s Summer Social at Verona Restaurant, 1255 Melville Rd. Attendees will enjoy a night of mingling outdoors, over cocktails and dinner. The event will run from 6 to 10 p.m.
Westbury, NY Doug Omstrom, a former president of the Commercial Industrial Brokers Society (CIBS) of Long Island, told a Westbury Village board of trustees hearing that Long Island’s largest commercial brokers group supports the village’s proposed rezoning plan to transform a degraded ...
This column is offered to help educate agents new to commercial and investment brokerage and serve as a review of basics for existing practitioners. In real estate being able to communicate with our different clients, all five generations, is essential. Communication starts at the first encounter and quickly leads to negotiations with our potential client and then ends with negotiations for our client.
Woodbury, NY Howell Silverman, CIREC, ITI, CREI, has joined Keller Williams’ commercial divison. He is a commercial real estate associate broker in the NYC and Long Island real estate markets. He stays top of mind using up to date market insights to deliver value to his clients. When selling your home or business, he uses real estate, social media...
Melville, NY Racanelli Construction Company, Inc. has appointed Kristine Provetto as an executive administrative assistant and Maria Franzone as an administrative assistant. In this role, Provetto's responsibilities will include broad marketing activities, project management support and customer service. She brings to the role....
North Bablon, NY On June 20th, volunteers from EW Howell’s Benefit for a Friend committee presented the Mentors Giving Voices Across North Babylon program with a donation of $5,000 at their year-end breakfast. The Mentors Across North Babylon connects students and staff to help students strengthen their innate abilities, and discover their maximum potential. Since founding Benefit for a Friend in 2003, EW Howell has sponsored the organization’s golf outing and commits itself to causes on a local level
Uniondale, NY According to Forchelli Deegan Terrana LLP (FDT), the firm has been ranked #39 in Construction Executive magazine’s inaugural “The Top 50 Construction Law Firms”list. Rankings of the most influential firms practicing construction law were derived from a survey taken by hundreds of law firms throughout the United States.
Syosset, NY According to Kaplan, Kaplan & DiTrapani, LLP, Jason Lo has joined the firm as an associate. Lo is a certified anti-money laundering specialist with experience in the real estate, consumer lending, general corporate, fintech, securities and capital markets in the U.S. and China. At the firm, he concentrates his practice in commercial and residential real estate.
Melville, NY H2M architects + engineers has five new shareholders: Robert Bee, R.A., LEED AP; Alexander Hochhausl, P.E.; Jay Pisco, P.E.; James Roberts, P.E.; and William Rockensies, P.E. Bee is a senior architect and assistant studio director with over 15 years of experience in the field of architecture.
Great Neck, NY According to Janover LLC, senior manager Rodney Nassimi, CPA, has been selected to the NYSSCPA Leadership Institute for 2019. This exclusive group of leaders is limited to 20 up-and-comers from across New York State and are selected by the NYSSCPA executive committee. Nassimi is part of the inaugural group for the Institute.
Garden City, NY iLaw, Inc., a discreet professional consulting consortium for attorneys who seek information, advice, referrals, and collegiality, has been certified by the New York State Continuing Legal Education Board as an accredited provider of continuing legal education in the state of New York.
East Setauket, NY Founded in 2005, The Crest Group LLC is a vertically integrated real estate management firm. Their capabilities range from ground-up construction of entire communities, office complexes and retail plazas to owning and managing commercial buildings (office and retail), residential communities, and hotels....
Recently, there have been several articles regarding the ever-growing pharmaceutical industry on Long Island. What the articles neglect to mention, however, is the long, expensive process it takes to develop, expand and create a pharmaceutical manufacturing facility. True, over the past 10 years, the pharmaceutical industry, particularly on Long Island....
Contractors are continually requested by owners to submit non-revocable bids or proposals for construction work whereby the bid or proposal is binding on the contractor for a certain period of time so that the owner can determine which contractor it wants to hire. During this process there are times when a contractor figures out that it underbid...
Island Park, NY Stonegate Real Estate has arranged the $400,000 sale of 4451 Austin Blvd. Lauren Santaniello and Dominque Florio of Stonegate represented the buyer and seller of the 819 s/f retail property. Stonegate exclusively represents the buyer (a farm store retail chain out of Florida) in Southern Nassau and Suffolk Counties.
Plainview, NY Ralph Perna, executive managing director of Newmark Knight Frank, has arranged four leases totaling 171,500 s/f. The deals include the following: A 25,000 s/f lease at 150 Express St., Plainview to ITM Tool Dist. The lease has an option to purchase. Perna represented the landlord and tenant.
Huntington, NY Several years ago, the YMCA was running out of space. After five decades of serving the community and growing to thousands of members, the organization sought to expand in order to continue delivering key services. Now, the grand opening of their new $9.2 million, 30,000 s/f...
Kew Gardens, NY NAI LI has brokered three leases totaling 13,623 s/f. In the first lease, Carmine Inserra, principal, and Paul Schneider, senior director of NAI LI, represented the sub-tenant in the lease of 2,000 s/f of office space located at 120-34 Queens Blvd. The sub-tenant, EAC, Inc., leased the space from sub-landlord...