Commack, NY J. Crew Factory will be the next new tenant at Mayfair Shopping Center according to Levin Management Corp. (LMC). The fashion and accessories retailer signed a 6,800 s/f lease at the Jericho Tpke. retail destination.
Melville, NY Brown, Altman & DiLeo, LLP has promoted Lidia Szczepanowski to the position of counsel. The promotion is testament to her dedication, expertise, and the high level of service she provides to the firm’s clients.
There are certainly a number of things to consider. Some firms ask each agent to specialize, become an expert in a particular segment of the market, office leasing or industrial sales or perhaps retail site selection. This is fine but sometimes a segment of the market slows down, and there is no activity in your field, and you make
Amityville, NY Marcus & Millichap brokered the sale of a Walgreens property for $4.65 million. “This location’s lease was recently extended for an additional 12 years, showing the tenant’s commitment to the submarket,” said
Ronkonkoma, NY TRITEC Real Estate Co. made known the 6,948 s/f lease signing of Cornucopia Natural Foods at Station Yards, the 53-acre mixed-use development at the Ronkonkoma Train Station. Maria Valanzano, Steve D’Orazio, and Jake Horowitz from Colliers represented TRITEC.
Bayshore, NY Metropolitan Realty Associates LLC (MRA), in partnership with TPG Angelo Gordon, a diversified credit and real estate investing platform within TPG, has completed the sale of a five-building industrial portfolio located in Suffolk County, Long Island,
Plainview, NY Rechler Equity Partners hosted its annual ceremony to honor the brokers who helped sustain the company’s record occupancy rates throughout 2023. Honorees gathered at the Rechler Equity headquarters to receive their awards. The honorees accumulated more than 150,000 s/f in lease agreements across the
East Setauket, NY Colliers has secured a long-term lease for 35,100 s/f of administrative office space for Stony Brook University Hospital at 31 Research Way in the Stony Brook Technology Center (SBTC). A Colliers team led by vice presidents Maria Valanzano and Steven D’Orazio represented
The very first step in comparing two or more lease alternatives is to understand the financial impact of each. Of course, there will be subjective considerations in any final decision, but if you do not have an understanding of the financial ramifications, you will not be able to make those subjective decisions
The lack of transactions in the commercial market has been well documented. Even if rate cuts are in the near future, buyers and sellers must explore every avenue that will facilitate a transaction. While property taxes are typically seen as a negative aspect of owning commercial buildings, they are unavoidable. To navigate