Ronkonkoma, NY Richard Cohen, president of Ashlind Properties has brokered two sales totaling $10.67 million. In the first sale, Cohen represented the seller, DEA Land LLC, and the buyer, Hi-Lo Equipment & Service, LLC, in the $5.95 million sale of of 845 South First St.
Q: Our company needs to move to larger offices, but we still have nearly two years to go on our existing lease. Subleasing has turned out to be very difficult. What are our options?
A: Your subleasing is probably difficult because of the short term left on your lease.
Deer Park, NY LI Deer Park Realty, LLC has purchased a 24,500 s/f building located at 25 West Jefryn Blvd. Lee Rosner, CCIM, SIOR, managing ...
Calverton, NY Marie Zere, president & CEO, Zere Real Estate Services has completed a string of leasing deals in the fall quarter of this year within the Calverton Enterprise Industrial Park. “Calverton has been a hotbed of activity due to the lack of industrial space in the...
Mineola, NY According to Nassau County executive Laura Curran and Nassau County IDA chairman Richard Kessel, the IDA has approved an economic development incentive package to commercial developer Steel Equities, which has purchased a pair of long-vacant industrial buildings.
It is no secret that Westchester, Rockland and Nassau Counties have been routinely ranked in the top ten U.S. counties with the highest property taxes, with Suffolk County not far behind. According to the NYS government website, property owners in N.Y. pay 96% more in property taxes than the national median.
The trade war with China, which officially began in July 2018 when the U.S. implemented its China-specific tariff, collecting a 25% tariff on 818 imported Chinese products, is starting to show its effects with local companies. During previous administrations, I don't remember any of the Presidents....
Many clients and attorneys believe that mediating construction disputes is a waste of money and time for a variety of reasons. Over the years I have been told that the parties are too far apart to settle, the mediator will not have the expertise to conduct a fruitful mediation and it is just a delay tactic by the adverse party.
The New York Court of Appeals recently decided a case which will dramatically change the requirements for initiating review of real estate tax assessments, triggering additional concerns that property owners in NYS should consider when drafting lease agreements. In Larchmont Pancake House v. Bd. of Assessors...
Renewable and green technologies continue to aggressively integrate and expand throughout the commercial real estate private sector and structured in various asset procurement, investment, and power conservation or cash-flow related assets. From a macro consideration, the industry has...
