Cushman & Wakefield arranges 17,731 s/f lease for Trinity Solar

Plainview, NY Cushman & Wakefield has arranged a 17,731 s/f lease for Trinity Solar, Inc. at 137 Commercial St. Cushman & Wakefield’s Robert Kuppersmith, Connor Sullivan, Scott Schubert and Dan Johnsen represented the tenant in the transaction.

Strategies for reducing your property taxes in a troubled market - by Margo Tiffen

Retail and office owners are facing numerous challenges to remain profitable. During the pandemic, office occupancy rates plummeted due to the combined rise of the gig economy and the shift to remote work. Retail businesses, especially those that support office workers, have

McCoy and Miller join DGNY Commercial team

Melville, NY According to DGNY Commercial, two veteran commercial real estate brokers, Dennis McCoy and Marty Miller, have joined its team. Headquartered in Melville, the commercial real estate entity operates on Long Island, Brooklyn, and Queens

Sutton, Shapiro, Abbondandolo and Little of C&W arrange $22 million sale of 5,000 s/f retail property to LVMH

East Hampton, NY Cushman & Wakefield has arranged the sale of a 5,000 s/f retail property located at 1 Main St. The final sale price was $22 million. Cushman & Wakefield’s Jordan Sutton, Robert Shapiro, Dan Abbondandolo and Victor Little

JLL Capital Markets closes sale of 34,919 s/f plaza to Serota Properties for Heidenberg Properties

Hauppauge, NY JLL Capital Markets has closed the sale of Hauppauge Plaza, a 34,919 s/f, community-focused retail center on Long Island. JLL represented the seller, Heidenberg Properties. Serota Properties acquired the asset.

Don’t miss out on the tax exemption benefits of New York’s Section 485-b - by Margo Tiffen

Commercial real estate owners have a strategic advantage when they improve their properties. It only makes sense to take care of your investment and keep up with real estate trends and tenants’ needs. The downside to these improvements is that they can increase the assessed value, and therefore the property tax bill.

Racanelli Construction launches Healthcare Divison

Melville, NY Racanelli Construction Company, Inc. has formed a Healthcare Division to meet increasing demand from the healthcare sector. The company has a long tradition in providing its services to hospitals, specialty medical practices, ambulatory surgical centers, rehabilitation facilities, imaging centers, nursing homes and assisted living facilities.

Hunt Corp. Commercial Real Estate Q&A: Choosing the right lease term - by David Hunt

Q: What do you recommend as the right lease term for an office lease? A: This is highly dependent on your objectives and the nature of your company. So let’s start with some of the advantages and disadvantages of short- and long-term leases.

Islam joins Certliman Balin Adler & Hyman LLP

East Meadow, NY Dilara Islam (Bayside) joined the Real Property Tax Certiorari Law and Condemnation Litigation Practice Group at Certilman Balin Adler & Hyman, LLP as an associate in the East Meadow office. Prior to joining the firm, Islam was a claims specialist with Nationwide Insurance where she reviewed management and professional liability claims under insurance policies providing coverage for directors and officers, employment practices and cyber matters.

Stolar joins Harris Beach as senior counsel

Long Island, NY Brian Stolar, an attorney in land use, zoning, environmental compliance, real estate development, commercial real estate, and municipal law, is joining Harris Beach PLLC as a senior counsel. Stolar represents real estate developers, small businesses, major corporations and property owners in the development of residential, commercial and industrial properties, and serves as general counsel and special counsel to numerous municipalities and zoning and planning boards.