Long Island

P.W. Grosser Consulting, Inc. promotes three and welcomes eight new professionals

Bohemia, NY P.W. Grosser Consulting, Inc. (PWGC) has hired eight professionals, strengthening the capabilities of its Engineering and

Foster and LaPointe named associates at Certilman Balin

Hauppauge, NY According to Certilman Balin Adler & Hyman, LLP, Brady Foster joined the firm’s Commercial Lending and

C&W and JLL arrange long-term lease for JetBlue at Brause Realty’s office building

Long Island City, NY Cushman & Wakefield and JLL have arranged a long-term, direct lease for JetBlue at Brause Realty’s 27-01 Bridge Plaza North, a Class A office asset

Avison Young and Newmark secure lease expansion and extension totaling 8,615 s/f

Westbury, NY Avison Young’s New York and Long Island offices have arranged the expansion and lease extension of United Women’s Healthcare’s

Samanea New York celebrates opening of 99 Ranch Market

Westbury, NY Samanea New York, the new retail, entertainment and dining destination located at 1500 Old Country Rd., welcomes 99 Ranch Market to

Guarino of ERG Commercial RE delivers $4.2 million in refinance loans

Carle Place, NY ERG Commercial Real Estate’s Mary Guarino has delivered a $2.7 million refinance loan for the owner of 255 Glen Cove Rd.

Rosner and McGuire of NAI LI sell Blue Point Marina for $6.7 million

Blue Point, NY NAI Long Island, the Long Island office of NAI Global, a leading global commercial real estate brokerage firm, negotiated the

American Investment Properties exclusively sells six-unit retail in North Bellmore for $1.075 million

North Bellmore, NY American Investment Properties retained the exclusive listing agreement to sell a fully leased six-unit retail property at

DASNY issues $30.7 million financing to support Oceanside Library construction

Oceanside, NY According to Reuben McDaniel III, president & CEO of The Dormitory Authority of the State of New York (DASNY), DASNY has issued

Hunt Corp. Commercial Real Estate Q&A: Lease Escalations - by David Hunt

Q: What is a fair rent increase in a commercial lease? My firm is negotiating a lease on an industrial building, and the landlord is asking for a 4% escalation every year. Is there a standard rent increase for industrial leases?