New allowable rent stabilized lease increases can affect property valuation - by Anthony Forzaglia

When it comes to real estate in the New York metropolitan area, government regulation can play a large role in the determination of value. One of the major government regulations affecting real property values is the rent stabilization law. Rent stabilization laws were enacted in New York State

Daniel Gale Sotheby’s International Realty’s fundraiser supports Island Harvest and City Harvest Food Banks

Cold Spring Harbor, NY Daniel Gale Sotheby’s International Realty (DGSIR) launched a month-long fundraiser to collect food and funds for Island Harvest Food Bank and City Harvest, two of the region’s largest hunger relief organizations. This company-wide effort is part

Valanzano and D’Orazio of Colliers lease 1,526 s/f

Patchogue, NY Colliers has arranged a lease for Affiliated Agency Insurance in the New Village at Patchogue, a mixed-use development. Colliers senior managing directors Maria Valanzano and Steven D’Orazio represented both the tenant and landlord, TRITEC Real

Freeman of Jaspan Schlesinger elected as vice president of Women’s Bar Assn. of State of N.Y.

Garden City, NY Jaspan Schlesinger LLP said that partner Simone Freeman has been elected as vice president of the Women’s Bar Association of the State of New York (WBASNY). Freeman is an experienced land use and zoning attorney, with an extensive background

Koenigsberg of American Investment Properties sells 7,433 s/f Deer Park retail building for $2.06 million

Deer Park, NY American Investment Properties (AIP) was assigned to sell 1883 Deer Park Ave., a 7,433 s/f triple-net retail building. The main challenge was conducting an off-market sale while presenting an aggressive asking price, with the property only 50% leased.

Three Schwartz Ettenger attorneys selected as Super Lawyers; one attorney named a Rising Star

Melville, NY Three Schwartz Ettenger, PLLC attorneys have been named to the 2022 Super Lawyers, New York Metro Edition in the following categories: Lee Schwartz, Esq., founding member (corporate law, real estate law), Jeffrey Ettenger, Esq., member (employment law)

Samanea New York signs deal with Beyond Van Gogh: The Immersive Experience

Westbury, NY Lesso Mall Development (Long Island), Inc., dba Samanea New York, the new retail, entertainment and dining destination at 1500 Old Country Rd. signed a lease with Beyond Van Gogh: The Immersive Experience. Produced by Paquin Entertainment Group

The new language of the office - by Jane Marie DeSimone

It used to be as simple as getting into your car and commuting to work five days a week. COVID changed all of that. Many employees are engaged in some combination of work-from-home and in-office work, or all of one and none of the other. A new vocabulary has been introduced into our

Zere Real Estate leases 11,000 s/f at Calverton Enterprise Park to Michels

Riverhead, NY Marie Zere, president & CEO, Zere Real Estate Services has negotiated an 11,000 s/f lease with Michels, an energy and infrastructure construction contractor from Wisconsin that provides installation and construction of energy systems. The lease is

Hunt Corp. Commercial Real Estate Q&A: The four stages of real estate acquisition - by David Hunt

Whether you are represented by an exclusive real estate broker, a corporate real estate department, or a paid consultant, your representative should be responsible for the four major stages of the real estate acquisition cycle.