Long Island

Farrell Fritz adds Fournaris to its Water Mill office as a real estate associate

Water Mill, NY Farrell Fritz has welcomed Harry Fournaris to its Water Mill office as a real estate associate. Prior to joining Farrell F...

McCoy of NAI LI arranges $5.45 million sale of 7.3 acres

Sayville, NY Dennis McCoy, senior director of NAI Long Island, represented Brightview Senior Living in the purchase of 7.5 acres located at Broadway and Rte. 27. Brightview purchased the land from Anthony James Fusco, LLC for $5.45 million. 

Brookhaven IDA closes on economic development package for renovation of vacant Holtsville building

Frederick Braun III, Brookhaven IDA Farmingville, NY According to Frederick Braun III, chairman of the Town of Brookhaven Indus...

Seven traits for successful commercial real estate partnerships: Brokers, buyers and sellers - by Ron Koenigsberg

Traits for Successful  Commercial Real Estate Partnerships 1. A shared vision. When partners share the same vision and expectat...

Perna of Newmark Knight Frank arranges $4 million sale

Hauppauge, NY According to Ralph Perna, executive managing director of Newmark Knight Frank, American Regional Health has purchased 45 Adams Ave. for $4 million.

Wierzbicki of Pliskin Realty handles three leases at 200 Plaza totaling 9,750 s/f

Carle Place, NY According to Pliskin Realty & Development, sales associate Christopher Wierzbicki has brokered three retail leases at Plaza 200 located on Glen Cove Rd. totaling 9,750 s/f. Pliskin Realty & Development is the owner and property manager for the property.

Adduci joins Certilman Balin Adler as an associate

East Meadow, NY Carrie Adduci has joined the real estate practice group at Certilman Balin Adler & Hyman, LLP as an associate.

Milvado Property Group signs 49,500 s/f in new leases for Q1 across its Long Island portfolio

Syosset NY Milvado Property Group has signed nine new leases in the first quarter of this year, totaling 49,500 s/f. Over the same time period, the company has secured four lease renewals and expansions totaling 24,900 s/f, bringing the total number of leases signed in Q1 to 74,400 s/f.

NERP acquires 4.07 acre site to develop Tractor Supply Co. anchored shopping center

Medford, NY New England Retail Properties, Inc. (NERP) has acquired  4.07 acres of commercial land on Rte. 112, Patchogue-Middle Island Rd. for the purpose of developing a small shopping center to be anchored by Tractor Supply Co. (TSC) of Brentwood, TN.

Hunt Corp. Q&A: Generating cash with a sale/leaseback

Q: Our business has owned and occupied a small office building for over 15 years, and we are considering refi-nancing. Would there be an advantage to a sale-leaseback over refinancing?