The School Tax Relief program, better known as STAR, has been part of New York’s property tax landscape for decades. Enacted by governor George Pataki in 1997, it was originally structured to reduce school tax bills directly through a partial exemption of assessed
Middle Island, NY In August NYU Grossman had their grand opening at their new 7,500 s/f medical space at Strathmore Commons. NYU spent the last year building-out their space which is being used for general practice and cardiology patients.
Ronkonkoma, NY TRITEC Real Estate Company appointed Michael O’Leary as chief financial officer (CFO). In his role, O’Leary will oversee TRITEC’s financial strategy, planning, and operations, further strengthening the company’s leadership team as it continues
Melville, NY The Commercial Industrial Brokers Society of Long Island (CIBS) made a donation of $6,400 to Long Island Cares, Inc. – The Harry Chapin Regional Food Bank, supporting the organization’s ongoing mission to provide food and resources to individuals and
Hauppauge, NY JLL Capital Markets has completed the $62.5 million refinancing of Carlow Wind Watch, a newly-constructed multifamily property located at 1721 Motor Pkwy. A JLL Capital Markets team led by senior managing director
Sayville, NY Richie Buono of Island Associates (IA) procured and negotiated the $2.85 million sale of 160 Main St. which is the 14,000 s/f multilevel former Capital One Bank located on three acres. The purchasers, D’Angrea Brothers LLC, are local investors. The seller, Sayville I 2020, LLC,
Ronkonkoma, NY Greystone Capital Advisors provided a $166.205 million Freddie Mac-backed permanent loan on behalf of TRITEC Real Estate Company and The Olayan Group to refinance The Core at Station Yards, a newly delivered, 388-unit, mixed-use residential, office and retail
Uniondale, NY According to Forchelli Deegan Terrana LLP, Linda Tierney, the law firm’s director of office management, was appointed vice president of the Association of Legal Administrators (ALA) Long Island Chapter. She will serve a one-year term.
One of the major advantages of leasing office space, as opposed to purchasing a building, is an easy exit strategy. When the lease is over, you move out without further obligation. This can be a critical advantage of a short-term lease. Do you have a special project that requires human
New Hyde Park, NY Jeremy Hackett and Mark Timpone of Metro Realty Services sold 5,000 s/f at 914 Third Ave., to NYFA Group for $1.725 million. Hackett and Timpone represented the seller, 914 3
rd Ave. Corp., and John Mangani of Compas
