Long Island

Planning a like-kind exchange of a leasehold interest in real estate

The tax and financial benefits of like-kind exchanges of real estate are well known to property owners. A properly structured like-kind exch...

Racanelli Realty brokers two sales totaling $2.825 million in Bellmore

Racanelli Realty Services Inc. (www.racanelli.com) has brokered two sales totaling $2.825 million. The first deal was the $1.475 million sal...

Trias of Rechler Equity Partners negotiates 20,000 s/f lease renewal for Bactolac in Hauppauge

One of Long Island's largest owners of commercial real estate, Rechler Equity Partners, has signed leading vitamin manufacturer Bactolac Pha...

Tsiolis of Long Island Industrial leases 60,000 s/f to Chesapeake Pharmaceuticals

According to Long Island Industrial, which owns and operates a mixed portfolio of commercial properties across Long Island, Chesapeake Pharm...

Simone Healthcare Development Group completes redevelopment of a Long Island health care facility

Simone Healthcare Development Group, an affiliate of Simone Development Companies, has completed the redevelopment of 1436 Broadway, as a co...

JLL reports strong fundamentals evident in new class A developments on Long Island

Despite continued strong economic fundamentals, JLL noted the Long Island office market started the year slowly. The market remains bifurcat...

Manhattan Skyline leases 488 s/f to Les Toiles Du Soleil in East Hampton

According to Manhattan Skyline, Les Toiles Du Soleil, a high-quality fabric and accessories retailer famous for its contemporary coastal sty...

Brookhaven town supervisor and Brookhaven Local Development Corp. approve $40 million in financing

According to Brookhaven town supervisor Edward Romaine and the Brookhaven Local Development Corp., up to $40 million in tax-exempt bond fina...

Ashlind Properties completes $725,000 sale

Richard Cohen and Ashley Cohen of Ashlind Properties sold 425 Oak St. for $725,000. The 6,925 s/f facility with retail potential was purchas...

Maturing the market - one EPD at a time

Over the past decade, building industry professionals have worked to transform our industry — minimizing the negative impacts and max...