Long Island

LIREG W and LIREG New Gen to hold Gatsby Beach event on July 25th

Wantagh, NY LIREG W and LIREG New Gen will hold “Gatsby Goes to the Beach” on July 25th from 6 to 9 p.m. This networking event will have a 1920’s flair. The event will be held at Jones Beach West Bathhouse, 2000 Ocean Pwy.

Antario and Curtis of One Realty reps tenant in 6,300 s/f lease; Hurney of Reliant Realty reps landlord

W. Sayville, NY Harry Antario, licensed real estate salesperson, and Patrick Curtis, the corporate broker for Long Island-based One Realty Services, Inc, has represented the tenant in a 6,300 s/f single-tenant NNN lease. The two-story restaurant building was built in 1985 and is valued at $1.4 million on 21 Main St.

Pizzarotti, LLC obtains final TCO for 6000 Royal Court

North Hills, NY According to Pizzarotti, LLC, The Ritz-Carlton Residences Long Island, North Hills has recently obtained its final Temporary Certificate of Occupancy (TCO) for 6000 Royal Court. This is following the TCO of 3000 Royal Court received at the end of 2018 and 5000 Royal Court

Suffolk IDA, Workforce Development and Long Island Association release pharmaceutical report

Hauppauge, NY The Suffolk County Industrial Development Agency (IDA) and the Workforce Development Institute, in conjunction with the Long Island Association (LIA), has released Driving Suffolk County’s Innovation Economy: The Pharmaceutical/Nutraceutical Growth Factor...

Nassau County IDA promotes Oglesby to COO and Fee as chief marketing officer

Mineola, NY Nassau County Industrial Development Agency has promoted Danielle Oglesby to chief operating officer and has hired Catherine Fee as chief marketing officer/director of business development. Oglesby was previously the deputy executive director of the agency.

Delisle of Island Associates brokers $2.45 million sale;
Kolin of Corporate Commercial Realty reps seller

West Islip, NY Roger Delisle of Island Associates Real Estate Inc., who represented the purchaser, and Harvey Kolin of Corporate Commercial Realty, LLC, who represented the seller, negotiated and closed the $2.45 million sale of 425 Union Blvd.

Qualified Opportunity Zones (QOZ) and
New York State brownfield programs - by Chuck Merritt

The Federal tax cut and jobs act of 2017 included a section known as Qualified Opportunity Zones (QOZ), which 100% of the people in real estate took notice of since it provided many tax incentives if the parameters of the QOZ were met. 

Working with the development community is critical to reducing tax rates - by Brad and Sean Cronin

Long-term solutions to the region’s devastating property taxes have recently encountered a number of political challenges that fail to fully understand the issue. Ideas and programs to lessen property taxes are frequently presented, but the most immediate manner to diminish taxes is to add to the tax base.

Your new playlist: Six interesting and useful real estate podcasts - by Ron Koenigsberg

Podcasts are an important media form that have gained popularity over the past five years, with the original release of well-known Serial’s debut in 2014. Podcasts have been around for much longer than you may think. Since being “developed” in 2004 by former MTV video jockey Adam Curry...

Hunt Corp. Q&A: Evaluating tenants and reduce your risk

Q: We own an office building on Long Island that houses 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?