Long Island

Ross of Compass’ Polsinelli Team leases 30,000 s/f to SPORTIME

Westbury, NY Larry Ross, vice president of Compass commercial real estate division led by Adelaide Polsinelli negotiated a lease execution with SPORTIME Pickleball LLC of a soon-to-open pickleball facility at 575 Merrick Ave. Scheduled to open this fall 2024, the complex will feature 13 new courts

Racanelli Construction recognizes February as National Heart Month - team members “Go Red for Women”

Melville, NY Racanelli Construction Company, Inc. showed their support of the American Heart Association’s Heart Month which is held in February each year. To demonstrate its support Racanelli Construction employees wore red on the first Friday of February

NAI Long Island represents 60 Port Jeff, LLC in
sale of 13,564 s/f office/medical building

Port Jefferson, NY NAI Long Island, an office of NAI Global, director Marian Campi-Condi and director Michael Corsello represented the sellers 60 Port Jeff LLC in the sale of 60 North Country Rd. The buyers represented themselves.

Hempstead IDA gives final approval to economic development benefits for proposed warehouse near JFK Airport

Inwood, NY Frederick Parola, chief executive of the town of Hempstead Industrial Development Agency (IDA), said that the IDA has given final approval to a package of economic development benefits for a warehouse proposed for a once-polluted site near JFK

Metro Realty brokers three leases - 20,730 s/f

Westbury, NY Mark Timpone and Jeremy Hackett of Metro Realty Services, LLC leased 3,730 s/f at 496 Grand Blvd. to Herald East Inc. Timpone and Hacktt represented the tenant and the landlord, 496 Grand Blvd Owner

Kennedy of Forchelli Deegan Terrana named to regional NYLCV board

Uniondale, NY Forchelli Deegan Terrana (FDT) land use & zoning partner Brian Kennedy was appointed to the regional (Long Island) board of the New York League of Conservation Voters

Hunt Corp. Commercial Real Estate Q&A: Evaluating tenants and reduce your risk - by David Hunt

Question: We own an office building on Long Island that house our own offices, as well as several tenants. We recently had a tenant close his doors after only a single year of occupancy. How do we avoid this in the future?

Out with the old in with the new environmental standard ASTME E1527-21 officially sunsets E1527-13 - by Chuck Merritt

The ASTM E1527-21 Standard went into effect February 13, 2023. Most consultants have spent the last year adjusting to this new standard, spending many hours  attending webinars, reading articles,

Increased market risk can work to lower property taxes - by Brad and Sean Cronin

We’ve now seen an extended period of time when risk and corresponding cap rates at which properties are trading have risen significantly. The reasons behind risk elevation are well known to commercial investors, starting

Boy Scouts of America - Theodore Roosevelt Council 15th Annual Design, Construction, and Real Estate Dinner

On Wednesday, April 17th, 2024, the Boy Scouts of America - Theodore Roosevelt Council will hold the 15th Annual Design, Construction, and Real Estate Dinner at The Mansion at Oyster Bay