As we begin a new year, from my point of view, 2019 presented little surprises, except, one. I will dub it “The biggest real estate blunder of the decade.” In November 2018, Amazon announced their decision to locate a second
A common, yet frequently overlooked, cause of increased project and construction costs occurs when the terms of the agreement between the owner and the contractor (the “general contract,”) and the agreement between the contractor and a
Ronkonkoma, NY Michael Zere, executive vice president at Zere Real Estate Services has sold a 1,534 s/f commercial office condo in the Lakeland Office Condominium Complex located at 3505 Veterans Memorial Hwy., Suite M. The complex is
Roslyn Heights, NY Mojo Stumer Associates has completed design work for 301 Warner Ave. The project is currently unbuilt and in zoning approvals. JK Equities is the owner and developer.
Port Jefferson Station, NY SVN|Realty Three Advisors LLC completed the sale of 1010 Rte. 112.
Westbury, NY According to Colliers International and Ripco Real Estate, Bloomingdale’s Furniture is coming to the Samanea New York Mall.
Williston Park, NY John Biordi, MAI, of First Republic Bank has been elected president of the Long Island Chapter of the Appraisal Institute for 2020. Serving Nassau and Suffolk counties, the chapter assists real estate
Ronkonkoma, NY According to Ashlind Properties, S.W. Anderson Sales has signed a long term lease with Island Architectural Woodworking for 30,000 s/f at 50 Haynes Ct. Richard Cohen, president of
Syosset, NY Melissa Naeder, a senior director in the Long Island office Cushman & Wakefield, has been elected to the board of the Commercial Industrial Brokers Society (CIBS) of Long Island, one of the region’s largest
Woodbury, NY JLL has completed the acquisition of 110 Crossways Park Dr. for Computech International. The technology solutions provider bought the mixed-use office building from an unnamed seller for $4.3 million.