Long Island

G.S. Wilcox & Co. secures $12 million in financing for neighborhood center

Plainview, NY G.S. Wilcox & Co. principal David Fryer has secured $12 million in financing in the form of a B Note for a 110,000 s/f neighborhood center. Thrivent Financial provided the original

Lewis of ERG Commercial Real Estate reps. Parco Gas in $1.5 million industrial bldg. sale

Bohemia, NY ERG Commercial Real Estate delivered the sale of a Long Island industrial flex building for the asking price of $1.5 million. The 5,688 s/f building at 1589 Lakeland Ave., sold for $263 per s/f. The site sits on a 1.1 acre lot with an outside parking lot with 30 spaces. It is zoned for both

Breslin Realty Development unveils 201-unit The Langdon and acquires Massapequa Plaza

Lynbrook, NY Breslin Realty Development Corp. is progressing on its new development project, The Langdon, a 201-unit, 278,014 s/f apartment complex. The Langdon is located directly across from the Lynbrook Long Island Railroad train station

Samanea New York celebrates grand opening of 45,602 s/f 99 Ranch Market at 1500 Old Country Rd.

Westbury, NY Samanea New York, the new retail, entertainment and dining destination located at 1500 Old Country Rd., welcomes 99 Ranch Market to its property. A leading Asian grocery store chain based in Buena Park, CA, 99 Ranch has 56 stores

Nassau County IDA completes annual report

Mineola, NY The Nassau County Industrial Development Agency (NCIDA) has completed its annual economic and fiscal impact report, which summarizes

Caveat emptor: Due diligence in commercial real estate - by Ron Koenigsberg

Caveat emptor is a Latin term meaning, “let the buyer beware.” In commercial real estate transactions, this phrase reminds buyers to complete their

E-commerce and its impact on the industrial development real estate boom - by Judy Simoncic

Online shopping has long been a convenience consumers crave. However, no one could have ever predicted the effect the pandemic would have on this trend.

JLL Capital Markets closes $146m sale and arranges $104.93m loan

Lindenhurst, NY JLL Capital Markets closed the $146 million sale of The Wel, a 260-unit, newly constructed, mid-rise,

Hunt Corp. Commercial Real Estate Q&A: Negotiation tactics for the seller - by David Hunt

Q: We have received an offer on our 16,000 s/f industrial building. What are our next negotiating steps?

Suffolk IDA preliminarily approves investment for Venture One Real Estate

Hauppauge, NY The Suffolk County Industrial Development Agency (IDA) has preliminarily approved a transaction to invest in