Long Island

Mandel, Rizzi, Schrenk and Cruz of JLL close retail property sale

Oceanside, NY JLL has closed the sale of a single-tenant retail building leased to Party City. JLL marketed the property on behalf of the seller. Consolidated-Tomoka Land Co. purchased the asset. The sale price was not disclosed and there was no buyer representative.

TRITEC Real Estate holds ribbon cutting for two LEED-certified buildings at Alston Station Square

Ronkonkoma, NY Elected officials and local business and civic leaders attended a ribbon-cutting for the first two buildings in Alston Station Sq. in the Ronkonkoma Hub, a $750 million, 53-acre mixed-use development. Alston, phase one of the Ronkonkoma Hub, has...

Zere Real Estate Services completes $1.401 million sale of 8,000 s/f industrial building in Holbrook

Holbrook, NY Zere Real Estate Services sold an 8,000 s/f industrial building for $1.401 million on 0.73 of an acre near the Veterans Hwy. MacArthur Airport Business Corridor. Marie Zere, president & CEO and Michael Zere, executive vice president....

Lally joins FDT’s construction practice as partner; Was previously of counsel at law firm

Uniondale, NY Forchelli Deegan Terrana LLP (FDT) has welcomed Robert Lally to its construction practice group as a partner. Prior to joining FDT, Lally, a Bethpage resident, was of counsel at a Bethpage-based law firm.

Five Point Real Estate arranges two sales totaling $3.815 million and a 5,739 s/f lease

Brookhaven, NY Five Point Real Estate has arranged three deals that include two sales totaling $3.815 million and a 5,739 s/f lease. The deals include the following:

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...