Long Island

One recognized standard remains for environmental consulting: ASTM International

When preparing a phase one environmental site assessment (ESA), the industry has followed the American Society of Testing Materials (ASTM) I...

Demystifying New York's property tax rates: Location, location, location

How can a building on the South Shore of Nassau County have a tax burden of $450,000 annually, while a building of identical size in a simil...

Value-add real estate investing breathes new life into existing markets

Value-add real estate investments, often called opportunistic investments, are properties that require improvements that will enhance their ...

Ask the experts? Please do! As consumers, we're all wannabe marketers

Being in the strategic marketing arena for more than 25 years, it still somewhat surprises me when clients and their colleagues assume they ...

Comparing TIC and Delaware Statutory Trusts

This column is offered to help educate agents new to commercial and investment brokerage and serve as a review of basics for existing practi...

Brookhaven IDA accepts application to assist rebuilding of Grove Hotel

According to Frederick Braun III, chairman of the Town of Brookhaven Industrial Development Agency (IDA), the agency has accepted an applica...

Costa of Rechler Equity Partners reps landlord in 31,350 s/f lease; Misa of Industry One Realty reps tenant, Appliance World

According to Mitchell and Gregg Rechler, company partners of Rechler Equity Partners, the firm has signed a new, 31,350 s/f lease for Applia...

Tsiolis of Long Island Industrial arranges 36,000 s/f lease renewal; For Perfume center of America at 99 Lafayette Drive, Syosset

According to Long Island Industrial, which owns and operates a mixed portfolio of commercial properties across Long Island, the Perfume Cent...

Foxgate at Islip completes new pumping station; A public-private partnership

The addition of a new pumping station at Foxgate at Islip, a 184-unit, condominium community, was executed through an unconventional approac...

Simon and Raymond Jonna and Parker of Marcus & Millichap sell Smithtown Walgreens for $10.4 million

Marcus & Millichap has arranged the sale of a 14,560 s/f Walgreens drugstore on the North Shore of Long Island. The $10.4 million sales pric...