Long Island

Weiss of T. Weiss Realty reps landlord and tenant in 6,000 s/f office lease

Melville, NY According to T. Weiss Realty Corp., a family-owned developer, landlord and manager of commercial real estate, Sphere, a payments technology and software company, has relocated and expanded its executive offices within its 500,000 s/f office portfolio.

Hunt Q&A: Harnessing the brokerage community

Q: I have vacant space available in an office building that I want to lease out. What is the best way to work with brokers? Should I be hiring an exclusive agent?
A: While no one broker makes a substantial percentage....

The importance and value of an effective mentorship - by Ron Koenigsberg

Most people would agree that in their professional lives they have experienced and engaged in some form of mentorship. In fact, in recent research done by Kabbage, a small-business investment loaner, they found that 92% of small business...

Carello of KW Commercial arranges $850,000 sale

Plainview, NY Rick Carello of KW Commercial completed the $850,000 sale of 811 Old Country Rd. The transaction was funded by private equity. The 3,559 s/f office building will be partly owner occupied.

Ferraro and Forbes of Daniel Gale Sotheby’s broker $6.175 million sale; 14-room Gansett Green Manor sold to WTI, Inc.

Amagansett, NY Daniel Gale Sotheby’s International Realty, has handled both sides of the $6.175 million sale of Gansett Green Manor. Lisa Ferraro and Dana Forbes of Daniel Gale Sotheby’s International Realty listed and sold...

Colliers reps Woodmont Industrial in acquisition of 130,565 s/f property

Shirley, NY Woodmont Industrial Partners has acquired 100 Precision Dr., a community in the town of Brookhaven on the South Shore of Long Island. The property, a 130,565 s/f industrial property, is located less than a half mile...

Acevedo, Lagattolla, Merrill and Tang join P.W. Grosser Consulting team

Bohemia, NY To meet increasing demand for its services, P.W. Grosser Consulting, Inc. (PWGC) the firm has hired Jayce Acevedo, Rich Lagattolla, Matthew Merrill, and Li Tang. As new associates, Lagattolla and...

Featured Company of the Month: The DeMatteis Organization gets set for the next 100 years: Firm looks to continue its growth

Elmont, NY Coming off its centennial anniversary, The DeMatteis Organization is gearing up for its next 100 years. With expertise in all fac...

Habitat for Humanity of Suffolk builds 200th home with CEOs, top executives and employees in Wyandanch; Project led by PSEG Long Island

Wyandanch, NY For more than 30 years, Habitat for Humanity of Suffolk has built homes and transformed lives and communities. To celebrate a legacy of building stable foundations for families in LI neighborhoods...

Commercial Classroom: Open real estate listings - by Edward Smith

Should a broker/agent take an open listing? Let’s begin by understanding the three different types of listings. There are three basic forms of commercial real estate listing agreements: Exclusive right, exclusive agency or open. These may apply to sales, leases or exchanges or all possibilities in one form.