Long Island

Arc’teryx leases 3,900 s/f store at Olshan Properties The Gate at Manhasset

Manhasset, NY The Gate at Manhasset (The Gate) said that Arc’teryx has opened a new location at the center. The new Arc’teryx store occupies a 3,900 s/f space between lululemon and the new Natuzzi furniture store.

Commercial Classroom: Back to Basics Letter of Intent - by Edward Smith, Jr

Our role as agents in a real estate lease transaction is to negotiate all the terms and conditions. The resulting “terms agreed” points are listed in a “Letter of Intent” which is usually sent to the attorney who will be creating the lease

Manthachitra and Webb join Mark Design Studios

Hicksville, NY Mark Design Studios hired two new employees to support its growth:

• Gow Manthachitra was hired as a project manager. She was previously design/project manager at Knockout Renovation.

Mayor and Densen of Island Assocs. broker 3,400 s/f lease with IM=X Pilates

Roslyn Heights, NY Lawrence Densen and Christopher Mayor of Island Associates brokered a 10-year lease agreement with IM=X Pilates, for 3,400 s/f located at 43-53 Mineola Ave.

Racanelli Construction helps Habitat for Humanity

Mastic Beach, NY Racanelli Construction Company, Inc. (RCC) participated in a Habitat for Humanity of Long Island house build. In June, fourteen Racanelli Construction employees volunteered their time to help build a new home, where they spent the day performing

Hempstead IDA grants preliminary approval for proposed 200-unit apartment project

Freeport, NY Frederick Parola, CEO of the town of Hempstead Industrial Development Agency (IDA), said that its board has given initial approval to an application for economic development benefits from a Lawrence-based developer that plans to turn a former public housing development

Nassau IDA approves transaction with Pictor Nassau Logistics Center, LLC to construct warehouse in Town of Oyster Bay

Hicksville, NY The Nassau County Industrial Development Agency (NCIDA) has approved a transaction for Pictor Nassau Logistics Center, LLC for the revitalization of a New York State superfund site to expand its business market into Nassau County. The site

Navigating the shifting landscape of retail real estate: Trends, challenges and valuations - by Margo Tiffen

In today’s ever-changing retail real estate market, property owners find themselves at the forefront of seismic shifts, shaped by evolving consumer behaviors and constant innovation. This article provides insight on the current trends influencing the retail landscape,

Hackett of Metro Realty Services handles four
sales totalling 18,005 s/f - $4.885 million

Huntington Station, NY Jeremy Hackett, managing partner / licensed real estate broker of Metro Realty Services, LLC, negotiated four sales transactions.

Community Commercial closes
two retail leases - 2,200 s/f

Merrick, NY Community Commercial, under the guidance of broker Todd McIndoo, has concluded two retail lease transactions at 65 Merrick Ave., on behalf of Jam Realty Enterprises LLC from Garden City, NY, the property’s owners.