Long Island

Schroder & Strom name Spellman as new associate attorney and Forzaglia promoted to partner

Garden City, NY Schroder & Strom, LLP welcomes Michael Spellman as an associate attorney following his admission to the New York State Bar. Spellman earned his J.D. from Touro Law School and his B.S. from the University of Maryland.

Commercial classroom: Branding me - the local commercial real estate expert - by Edward Smith Jr.

You market your listed properties; but what are you doing to promote yourself? Self-promotion is essential if you want to build your business. You need to tell people you are in the commercial real estate business, that you are a professional and the local market expert.

The benefits of biophilic design: Bringing nature into our built environment - by Diana Lillo

From urban parks to residential homes, the principles of biophilic design are being adopted at an increasing rate, with corporations like Google and Amazon integrating biophilic elements into their office designs, in turn, prioritizing the health and happiness of their employees. Public

Are buyers opting to conduct phase 2 environmental investigations, and skipping the phase 1 step? - by Chuck Merritt

When the American Society of Testing Materials (ASTM) first issued an environmental standard in 1994, the main phrase utilized to determine if additional investigation (phase 2) was needed was “obvious signs of contamination”. Since this can be a subjective statement (like many

Tariffs and property taxes on Long Island - by Brad and Sean Cronin

Tariffs have far-reaching implications beyond international trade. On Long Island, the imposition of tariffs on imported materials has begun to ripple through the commercial real estate sector, influencing costs, property values, and, consequently, property taxes.

Damianos Realty Group acquires 55,000 s/f retail center for $16.1 million

Commack, NY Damianos Realty Group LLC has acquired the retail center located at 2160 Jericho Tpke. The 55,000 s/f center, which is on six acres with access from both Jericho Tpke. and Veteran’s Memorial Hwy., was purchased for $16.1 million from Toy Fields LLC.

Blue Communities celebrates
ribbon-cutting for The Royal Blue

Mineola, NY The team behind The Royal Blue hosted a ribbon-cutting ceremony to mark the official opening of its brand-new, 54-unit luxury apartment building. The event brought together local officials, project partners, community leaders, and guests for a morning of celebration

Levin leases 24,000 s/f to Kids Empire and My Gym at Mayfair Shopping Center

Commack, NY Two family-friendly concepts are joining Mayfair Shopping Center according to Levin Management Corp. (LMC). Indoor playground Kids Empire (21,000 s/f) and children’s fitness center My Gym (3,000 s/f) each will enhance the retail property’s experiential draw.

Black Bear Capital advises on The Crest Group’s
$35 million rental townhome development

Middle Island, NY Black Bear Capital Partners (BBCP), a real estate financial advisory firm and subsidiary of Black Bear Asset Management (BBAM), advised on a $35 million development project on behalf of The Crest Group. The advisory work included arranging a $24 million construction loan for The Villas at Oak Run, a residential rental community which will be located at

Hackett of Metro Realty Services brokers two sales

Central Islip, NY Metro Realty Services, LLC negotiated two sales transactions. Jeremy Hackett of Metro Realty Services sold a 4,800 s/f industrial/warehouse building at 135 Brightside Ave. to Allstate Carburetor & Fuel Injection Inc. for $1.399 million. The building has