Long Island

Brookhaven IDA approves package for Port Jefferson complex

Port Jefferson, NY According to Frederick Braun III, chairman of the Town of Brookhaven Industrial Development Agency, the Agency has approv...

Executive of the Month: Zere, executive vice president of Zere Real Estate Services: 30-year commercial industry veteran

Ronkonkoma, NY Michael Zere, executive vice president of Zere Real Estate Services, is a 30-year veteran and seasoned expert in the commercial real estate industry on Long Island. He specializes in sales and leasing of office, medical, retail and industrial properties in both Nassau and Suffolk Counties.

Company of the Month: Matrix Corporate Park finishes 2017 strong: Final week of the year, new tenants sign 30,000 s/f

Hauppauge, NY In what some experts called a flat real estate market in 2017, Matrix Corporate Park broke all previous leasing records for th...

Etessami of Silber sells retail center to UPC for $29.75 million

Mount Sinai, NY United Properties Corp. (UPC), a private family investment company has purchased The Mount Sinai Shopping Center located at ...

Gluckstal and Canzoneri of Five Point Real Estate complete two Long Island sales totaling $23 million

Rockville Centre, NY Five Point Real Estate has arranged two sales totaling $23 million. The deals include the $16 million sale of two Rockv...

Drew, Scarmazzi, Klein, Scandalios and McCormack of HFF arrange $27.6 million in acquisition financing

Huntington, NY Holliday Fenoglio Fowler, L.P. has completed $27.6 million in acquisition financing of Huntington Square Plaza, a 116,200 s/f, fully leased, grocery-anchored center.

Hunt Corp. Q & A: Compensating real estate brokers

Q: Are the high fees of commercial real estate brokers really justified? A: It depends on what you get for your money. Today’s prof...

Perna of Newmark Knight Frank reps buyer in $14 million sale; O’Connor, Marcus, Tabone and Gazzola rep seller

Hauppauge, NY Ralph Perna, executive managing director of Newmark Knight Frank represented the buyer in the sale of the buildings totaling 170,000 s/f. Jack O’Connor, Dan Marcus, Chuck Tabone and Dan Gazzola of Newmark Knight Frank  represented the seller. According to public record, the buildings sold for $14 million.

Fiorini and Posillico of Alliance Real Estate arrange two sales totaling $6.125 million

New Hyde Park, NY Alliance Real Estate Corp. has brokered two sales totaling $6.125 million. The deals included the following: • The...

Hirschfeld of Hunt leases 4,250 s/f to ProHealth

Huntington, NY According to Hunt Corporate Services, Inc., ProHealth Dental has leased 4,250 s/f of retail space at 35 Gerard St. Bob Hirsch...