Long Island

Cannabis and lending - by Lindsay Mesh Lotito

Would there be a better business landscape today for the cannabis industry had Thomas Jefferson’s concept for the U.S. banking system prevailed in 1791? At the inception of our country, there was a bitter rivalry between those that favored states’ rights and those that supported a strong central

Colliers secures 5,940 s/f lease for VESPA Italian restaurant at TRITEC’s Station Yards development

Ronkonkoma, NY Colliers, in partnership with TRITEC Real Estate Company, has arranged the second lease at the Station Yards project. A Colliers team led by vice presidents Maria Valanzano and Steven D’Orazio, with the support of Jake Horowitz, associate vice president, represented the landlord and tenant.

Greystone reimagines homestead into assisted living and memory care community with $25.193 million loan

Islip, NY A historic homestead in Long Island’s Bay Shore will be the site of a new assisted living and memory care community, Netherbay, financed by a HUD-insured loan from Greystone. This transaction marks the only healthcare construction loan in the United States approved by HUD in 2022, at $25.193 million

Koenigsberg of American Investment Properties brokers $1.15 million sale of 4,300 s/f retail strip plaza

Dix Hills, NY American Investment Properties (AIP) president Ron Koenigsberg, sold ‘820 Plaza’ located at 820-826 E Jericho Tpke. for $1.15 million, price per s/f is $267. The retail strip totals 4,300 s/f and is located near the Walt Whitman Shopping Mall. The building was

JLL and Steel Equities close sale of 26.4 acres of developable land and pad sites

Oyster Bay, NY JLL Capital Markets (JLL) has closed the sale of 195 North Bdwy., a 26.4-acre, development opportunity located in the populated hamlet of Hicksville, Nassau County. JLL worked on behalf of the seller and Steel Equities acquired the asset.

Hunt Corp. Commercial Real Estate Q&A: Is construction management a better way to build and how does it work? - by David Hunt

Q: We will be closing on an industrial building shortly, and will need to reconstruct approximately 12,000 s/f of office space. I have heard the construction management is a better way to build. Is it, and how does it work?

Delavale of Breslin Realty negotiates 10,500 s/f long-term lease at Woodbury Shopping Center

Hicksville, NY Breslin Realty negotiated the signing of a long-term lease with Five Below at 410 S Oyster Bay Rd. Five Below will be occupying approximately 10,500 s/f of the Woodbury Shopping Center, taking over part of the space that was vacated when TJ Maxx moved

Lee joins Forchelli Deegan Terrana

Uniondale, NY Attorney Julia Lee has joined the Tax Certiorari practice group at Forchelli Deegan Terrana LLP (FDT). She has extensive experience representing clients on tax certiorari matters in various jurisdictions throughout New York State.

Raffa of Island Associates Real Estate negotiates 4,250 s/f long-term lease for Kid Strong at Aero Plaza

Hicksville NY Robert Raffa of Island Associates Real Estate Inc. negotiated the long-term lease of 4,250 s/f of in-line space to Kid Strong at the Aero Plaza located at 1040 South Bdwy. Aero Plaza is a three-acre site improved with a 50,000 s/f shopping center which is anchored by a Planet Fitness and

Simone Healthcare Development and Catholic Health open $47 million 63,000 s/f Catholic Health Ambulatory & Urgent Care

Centereach, NY Simone Healthcare Development and Catholic Health joined with officials from the Town of Brookhaven to celebrate the opening of Catholic Health Ambulatory & Urgent Care, a new multi-specialty care center featuring primary care and specialty services as well as walk-in urgent care.