The Long Island Real Estate Group (LIREG), a networking and philanthropic organization composed of almost 400 professionals in the real estate industry and allied trades, is opposed to prevailing wage legislation now under review in the New York State legislature. Commack, NY
Washington Trust's Commercial Real Estate Group provided $13.5 million to Commack CHI, LLC, for the refinancing and property improvements of a 143-room Hampton Inn. Bethany Lyons, vice president of Washington Trust’s Commercial Real Estate Group...East Meadow, NY
Anthony Ponte of Stonegate Real Estate has represented the seller, 2087 LLC, in the $6.065 million sale of 2087 Hempstead Tpke. The buyer, Storage Deluxe, was represented by Jordan Baruch of Colliers International.Southampton, NY
Greystone has provided a $58.848 million HUD-insured loan to refinance a 280-bed, skilled nursing facility (SNF). The loan was originated by Fred Levine, a managing director at Greystone.
Q: We are looking for space to lease for our company. What is absolutely the best way to get a great deal? A: In an open market, great deals generally result from a transaction with a highly motivated landlord, or a tenant who is anxious to sublease their space. SGarden City, NY
Manhattan-based real estate company Midwood Investment & Development has secured a $30 million construction loan for Eastgate Plaza, a new retail development located at 867 East Gate Blvd. in The Roosevelt Field Mall corridor.Brentwood, NY
Chris Giacalone of Roberts Equities has purchased 710 Suffolk Ave. for $2.12 million. The 3,362 s/f property on 0.89 acres is leased to Citibank. The buyer was represented by Neil SchorrWestbury, NY
According to Fred Parola, CEO of the town of Hempstead Industrial Development Agency (IDA), the agency has given preliminary approval to a request for benefits from the Beechwood Org.,
In a ribbon cutting ceremony, The Engel Burman Group (EBG) officially opened The Bristal at Jericho, the 17th community of The Bristal in EBG’s expansive assisted living portfolio.
One of the many important choices a developer or contractor faces when it prepares its construction contracts is whether to include an arbitration provision to resolve disputes or litigate any disputes in a court of law.