Long Island

Hackett of Metro Realty Services brokers $600,000

Bay Shore, NY Jeremy Hackett of Metro Realty Services, LLC sold 0.46 acres of industrial land at 3 Orgill Ave. The buyer, Lun Brothers LLC, was represented by Hackett and purchased the land for $600,000.

Mayor, Densen of Island Assocs. broker 4,554 s/f lease

West Islip, NY Christopher Mayor and Lawrence Densen of Island Associates brokered a 15-year lease agreement with Brownstones Coffee, for a 4,554 s/f stand-alone restaurant as part of a new center being built at 425 Union Blvd.  Brownstones will be joining 7-Eleven to anchor the new 19,757 s/f center.

Hunt Corp. Commercial Real Estate Q&A: Making your property stand out - by David Hunt

Q: We are placing our industrial building on the market shortly. What are some of the ways we can make our building stand out and get top dollar? A: Not many owners of available commercial real estate take the time to evaluate their competition, but that is precisely the way to create a marketing plan that will help your property stand out in the marketplace.

Commercial Classroom: 2021 here we come - by Edward Smith

This column is offered to help educate agents new to commercial and investment brokerage and serve as a review of basics for existing practitioners.  Muhammad Ali famously said: “Don’t count the days, make the days count.”

34 attorneys from FDT named to 2020 NY Super Lawyers and Rising Stars lists

Uniondale, NY According to Forchelli Deegan Terrana LLP, (FDT) the firm has a combined total of 34 attorneys selected to the 2020 New York Metro Super Lawyers and New York Metro Rising Stars lists. FDT congratulates the following 19 attorneys for being selected to the 2020 New York Metro Super Lawyers list: Joseph Asselta (Construction Litigation);

Environmental due diligence during the pandemic - by Chuck Merritt

Back in March of 2020 as the world came to an economic halt with many industries that those in the professional service business rely on such as financial institutions and construction, due diligence firms were impacted. The initial freeze that was only supposed to last for a few weeks, quickly turned into a much longer time frame.

Massive jumps in expenses result in decreased NOI’s and increased tax rates - by Brad Cronin & Sean Cronin

Decreased revenues as a result of COVID-19 has been well reported amongst all property types, but significant increases in expenses are frequently overlooked. Sophisticated owners understand that it’s not how much money you earn, it’s how much you keep.

Commercial real estate in the midst of the COVID-19 pandemic - by Brian Sahn & Jane Chen

In early 2020, the economy was on a steady climb and real estate was humming along. Then came COVID-19. As society adapts to the new norm, so too must the real estate and commercial lending markets. While we all await a vaccine rescue, innovators in the real estate market are developing new ways to mitigate risks and financial exposure

Smaller, lighter, more flexible fiber optic cable meets today’s increasing demands - by Barry Skolnick

The demand for fiber optic cable had already been growing at a steady pace as more advanced technologies such as 5G, Artificial Intelligence (AI) and the Internet of Things (IoT)require higher bandwidths. According to Reportlinker’s “Fiber Optic Cable Market – Growth, Trends and Forecasts” (2020-2025), the

Theodore Roosevelt American Inn of Court recognizes Berger, Tisman, Ciaffa of FDT

Uniondale, NY Forchelli Deegan Terrana LLP congratulates Michael Berger, an attorney in the firm’s Employment & Labor practice group, on being virtually installed as treasurer of The Theodore Roosevelt American Inn of Court. Litigation attorneys Russell Tisman and Michael Ciaffa will continue to serve as directors on the Executive Committee.