Long Island

Kuppersmith and Sullivan of C&W arrange 2,754 s/f long-term lease for Steinway & Sons

Manhasset, NY Cushman & Wakefield arranged a long-term, 2,754 s/f lease for Steinway & Sons, maker of some of the world’s finest pianos, at 1488 Northern Blvd.

Hempstead IDA gives preliminary OK to benefits to assist Natural Foods to consolidate operations into 67,307 s/f at 149 Hanse Ave.

Freeport, NY Fred Parola, CEO of the town of Hempstead Industrial Development Agency (IDA), said the agency has given preliminary approval to a package of economic development benefits that will allow a Forest Hills, Queens-based wholesale dairy distributor with facilities in Inwood purchase a warehouse in town where it intends to consolidate operations

Suffolk celebrates $35 million renovation of lab space at Feinstein Institutes

Manhasset, NY Suffolk joined local and state officials and Northwell Health leaders to cut the ribbon at Feinstein Institutes for Medical Research’s newly-renovated laboratory space. The $35 million project increased lab capacity and efficiency and upgraded infrastructure.

Town of Hempstead IDA approves due dilligence resolution for 138,245 s/f warehouse project

Inwood, NY Fred Parola, CEO of the town of Hempstead Industrial Development Agency (IDA), said the agency approved a due diligence resolution that will permit it to investigate economic development benefits to assist a proposed large warehouse.

Three benefits of microgrids in real estate - by Ron Koenigsberg

The rapidly accelerating urbanization of the U.S. is placing great strain on the aging infrastructure of the country. Increased energy demands in very localized urban areas are having a negative impact on the national power distribution grid.

Breslin Realty leases 7,000 s/f to Advance Auto

Levittown, NY Breslin Realty negotiated the signing of a long-term lease with Advance Auto Parts in the Levittown Mews Shopping Center. Advance Auto Parts will be occupying 7,000 s/f in the shopping center on Hempstead Tpke. (NY-24), in the space formerly

Nassau County LEAC approves transaction for S. Nassau Community Hospital for renovations of campus

Mineola, NY The Nassau County Local Economic Assistance Council (LEAC) has approved a transaction for South Nassau Community Hospital to receive $90 million in tax-exempt bonds to finance and refinance the renovation and improvement of the hospital’s existing campus at One

Vanderbilt closes on 10,000 s/f industrial building for $1.6 million

Freeport, NY According to Vanderbilt Realty, the sale of 14-16 Brooklyn Ave. has closed. The three story industrial building contains 10,000 s/f. Lyle Alper, the director of investment sales at Vanderbilt represented the seller, Brooklyn Boys Properties, LLC

Breslin leases 3,300 s/f to MyDoc Urgent Care and 20,000 s/f to Holiday Farms Supermarket

Hempstead, NY Breslin Realty is proud to announce the signing of a long-term lease with MyDoc Urgent Care at 166-168 Fulton Ave. MyDoc will be occupying 3,300 s/f in the The Hub shopping center. This will be the medical provider’s fifth location, with offices currently operating in East Meadow

New allowable rent stabilized lease increases can affect property valuation - by Anthony Forzaglia

When it comes to real estate in the New York metropolitan area, government regulation can play a large role in the determination of value. One of the major government regulations affecting real property values is the rent stabilization law. Rent stabilization laws were enacted in New York State