Long Island

Business meals are fully tax deductible for 2021 and 2022 - by Kenneth Rick

Many of you recall that business meals were only 50% deductible for the last few years but meals can now be 100% deductible as business expenses under certain

Prevailing wage law for IDA projects goes into effect on Jan. 1, 2022 - by John Gordon

Starting January 1, 2022, certain construction projects receiving tax benefits as a result of the involvement of an IDA must pay prevailing wage.

Rising inflation should reduce property taxes, not increase them - by Brad Cronin and Sean Cronin

Among the many fears that come with rising inflation is a concern that inflation will be another factor that will increase property taxes. However, if analyzed properly,

Which commercial real estate sector closed fastest on Long Island from 2010-2020? - by Ron Koenigsberg

Long Island’s commercial real estate market has seen many changes over the last decade. Changes include the emergence of urgent care centers and multifamily developments,

Rochlin, Berkowitz and Rochlin of The Rochlin Org. arrange $25 million

Melville, NY According to the Rochlin Organization, Valley East Properties has acquired 400 Post Ave. in Westbury, and 255 Executive Dr. in Plainview from

Silber Investment Properties completes $4.344 million sale

North Bellmore, NY According to Silber Investment Properties, a 7-11 located at 1714 Newbridge Rd., has sold. The sale price was $4.344 million.

Zere Real Estate Services brokers $439,000 sale and leases 4,100 s/f

Ronkonkoma, NY A 2,345 s/f professional commercial office condominium at 3555 Veterans Memorial Hwy., Unit D, within The Lakeland Office Condominium Complex

Feil Org. handles eight leases for Northwell Health: 32,413 s/f

Lake Success, NY According to The Feil Organization, Northwell Health renewed eight leases totaling 32,413 s/f for an additional 10 years at

Nassau County IDA approves $85.2 million investment

Mineola, NY The Nassau County Industrial Development Agency (NCIDA) has approved transactions for 281-301 Warner Ave LLC, Lumber Road Roslyn LLC and Terwilliger & Bartone Properties LLC to

Mayor and Densen of Island Assocs. broker $380,000

Bohemia, NY Christopher Mayor and Lawrence Densen of Island Associates Real Estate completed the sale of 4571 Sunrise Hwy. for $380,000.