West Babylon, NY Industry One has brokered two Long Island leases totaling 13,500 s/f.
Lake Success, NY Schuckman Realty has added Ilya Gamer to their investment sales team. He is an off-market specialist in the sales and acquisition of all commercial property types in NYC with an emphasis on high street retail and new developments.
Rockville Centre, NY Holliday Fenoglio Fowler, L.P. (HFF) has completed the sale of 100 Merrick Rd., a 141,000 s/f, two-building office comp...
Commack, NY Hunt Corporate Services, Inc. has completed the sale of a 9,500 s/f suburban office building at 354 Veterans Memorial Hwy. for $1.125 million. An investor bought the building, which has a healthy tenant mix of attorneys, accountants, physicians, and non-profits. The three-story building is part of an office park at the entrance to the Northern State Pkwy. that was originally built in the 1980s by developer Herman Udasin.
Middle Island, NY Roger Delisle Jr. of Island Associates brokered a 15-year lease agreement with Gold’s Gym for a portion of the shopping center located at 1245 Middle Country Rd.
When drafting and negotiating contracts with an architect, general contractor, construction manager, or even trade contractors, one important choice a developer or property owner faces is whether to litigate any potential disputes in a court of law, or to include a provision in the contract to compel arbitration instead.
Every new tax law comes with opportunities and pitfalls. The popular press has provided extensive – if sometimes superficial – coverage of the changes: lower tax rates for businesses, the restrictions on itemized deductions for individuals. Some practitioners have been advising clients to make substantial changes to their business structures while others have been advising caution.
Ralph Perna is the executive managing director at Newmark Grubb Knight Frank, Melville, N.Y.
...
Who can qualify?
The first statutory provisions governing “Disadvantaged Business Enterprises” (DBE) were enacted by the U.S....
The Long Island Rail Road is the oldest United States railroad still operating under its original name and charter. The growth of the railroad helped to shape the future of Long Island and is now the busiest commuter rail system in the United States. Since its inception, the railroad has been an essential part of Long Island’s economy.
