Long Island

Cushman & Wakefield acquires NAI Long Island

Melville, NY According to Cushman & Wakefield, it has acquired the brokerage division of NAI Long Island, adding 16 new commercial leasing and investment sales professionals focused on this part of the New York-Tri-State Region.

Charles Rutenberg Realty welcomes Silvers, Smith-Thomas, Wright, Kalia, and Mussington

Plainview, NY Four seasoned and two newly licensed real estate professionals have joined Charles Rutenberg Realty, Inc., citing the company’s business model, training and expert guidance as some of their reasons for choosing the firm.

Cushman & Wakefield and Lee & Associates arrange $8 million sale of 53,097 s/f development site

Great Neck, NY Cushman & Wakefield (C&W) has arranged the sale of 212-230 Middle Neck Rd., a 53,097 s/f residential development site, The Rose. The final closing price is $8 million, equating to $142 per buildable s/f.

T. Weiss Realty leases 13,434 s/f class A office space in Broadhollow Corporate Center to ChyronHego

Melville, NY According to T. Weiss Realty Corp., ChyronHego Corp. has leased 13,434 s/f of class A office space. ChyronHego took space at T. Weiss Realty’s Broadhollow Corporate Center, located at 532 Broadhollow

CIBS donates $5,000 to Independent Group Home Living

Syosset, NY The Commercial Industrial Brokers Society of Long Island (CIBS) donated $5,000 to Independent Group Home Living Program (IGHL), a Long Island not-for-profit agency that provides lifetime alternatives for people who are

Daniel Gale Sotheby’s Int’l. Realty volunteers in Bahamas

Cold Spring Harbor, NY Over 100 real estate advisors from Daniel Gale Sotheby’s International Realty who were in the Bahamas for the organization’s Gold Circle of Excellence trip took time away from their visit to provide

Understanding the different types of easements in commercial real estate - by Ron Koenigsberg

We created a video briefly discussing easements. In the video, we touched upon the definition, the affected estates, and where to go to find more information. Despite their prevalence, many people lack a clear understanding of easements.

Understanding licenses and leases – A three-part series: A “sign” of the times - by Darren Stakey

This three-part series briefly examines the nuances of seminal New York cases concerning licenses, leases, and even easements, to assist the New York practitioner in more effectively utilizing all three tools in his or her regular practice.

Why your property must be taxed less than you think it’s worth - by Brad and Sean Cronin

From time to time, a property owner tells us that they did not grieve their property taxes because they believe they could sell their property for more than the assessed value. After explaining the benefits and legal obligations under which the

Question of the Month: What are PFAS? Forthcoming regulation and risk management for lenders - by Keith Brown, Michael DiLeo and Brianna Tibett

In the course of evaluating a potential lending transaction, both institutional and private lenders review a variety of metrics relating to both the borrower and the underlying collateral. The strength of a potential transaction will largely depend