Hunt Corp. Commercial Real Estate Q&A: Generating cash with a sale-leaseback - by David Hunt

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

Brookhaven IDA closes on economic benefits pact assisting Sunrise Wind transmission project

Holbrook, NY Frederick Braun III, chairman of the Town of Brookhaven Industrial Development Agency (IDA) said that the agency has closed on an agreement that will provide economic development incentives for Sunrise Wind’s transmission project

Delavale of Breslin Realty leases 3,000 s/f

Garden City, NY Breslin Realty signed a long-term lease with Nanos, Gomez & Associates, P.C. Nanos, Gomez are relocating from their Hempstead office to 3,000 s/f at 500 Old Country Rd.

Edwards and Martin of Sahn Ward Braff Koblenz assist client in sale of 10 industrial buildings

Uniondale, NY Wayne Edwards, partner, and Eugene Martin, senior counsel, both of Sahn Ward Braff Koblenz PLLC, represented affiliates of Ben Elias Industries Corp. in connection with the sale of 10 industrial buildings in Inwood, Nassau County, totaling 500,000 s/f near

Commercial real estate industry adjusting to new ASTM phase one environmental standards - by Chuck Merritt

As I presented earlier this year, the ASTM E-1527-21 standard for Environmental Site Assessments (ESAs) or more commonly known as a “phase one” was approved in February of 2023. However, the Environmental Protection Agency (EPA) will allow the prior ASTM E-1527-13

Suffolk IDA preliminarily approves investment for Citation Healthcare Labels LLC

Hauppauge, NY The Suffolk County Industrial Development Agency (IDA) has preliminarily approved a transaction to assist Citation Healthcare Labels, LLC expand its manufacturing and labeling operations within the Innovation Park at Hauppauge. With

Commercial and Industrial Brokers Society of Long Island (CIBS) presents “Meet the Candidates” on Sept. 13

Melville, NY On Wednesday, September 13^th, the Commercial and Industrial Brokers Society of Long Island (CIBS) will host a “Meet the Candidates” breakfast, featuring candidates for Suffolk County executive Republican Hon. Ed Romaine and Democrat Dave Calone. The

P.W. Grosser promotes Chaudhry, Pecoraro, Cantillo, Chase and Sommer

Bohemia, NY Five P.W. Grosser Consulting, Inc. (PWGC) employees have been promoted.

• Usman Chaudhry: Senior project manager from project manager

Hempstead IDA okays development benefits for housing complex in Island Park that would replace waterfront catering hall

Hempstead, NY Fred Parola, CEO of the Town of Hempstead Industrial Development Agency (IDA) said the agency granted preliminary approval to a package of economic development incentives that will assist John Vitale construct a117-unit waterfront apartment

Hidden cost information will reduce real estate taxes - by Brad and Sean Cronin

With real estate taxes increasing, owners are being barraged with hidden costs that, when properly analyzed, will decrease their real estate tax obligation. Recently, landlords have been forced to handle a variety of factors that diminish their net operating income (“NOI”). Many of