Long Island

American Investment Properties handles $981,000 land sale

Merrick, NY Ron Koenigsberg, president of American Investment Properties, completed the sale of a .53 acre site. The purchase price was $981,000.

Fryer of G.S. Wilcox secures $7.5 million in financing

Franklin Square, NY According to G.S. Wilcox & Co., principal David Fryer has secured $7.5 million in financing for a 45,000 s/f shopping center.

Cotsalas and DesRochers of Northmarq secure $17m refinance

Port Jefferson, NY Charles Cotsalas, senior vice president/senior director of Northmarq’s Long Island office and Ernest DesRochers,

Medler of H2M receives NCIDQ Interior Designer certification

Melville, NY According to H2M architects + engineers, Kevin Medler, RA, NYSCEO, NCIDQ, assistant studio manager, received his NCIDQ Interior Designer certification

Rochlin Organization brokers $6m for Lighthouse Real Estate Ventures

West Hempstead, NY The Rochlin Organization handled the sale of 60 Hempstead Ave. The $6 million sale was coordinated on the

Keystone hires Miller as new director of sales

Jericho, NY Keystone National Properties (KNPRE), a sponsor of impact and tax advantaged investments, has hired Art Miller to lead the firm’s sales efforts.

Daniel Gale Sotheby’s International Realty to open new Huntington office

Huntington, NY Daniel Gale Sotheby’s International Realty (DGSIR) is in the process of moving its long-time office to a corner location at 263 Main St.

The Birch Group acquires two class A buildings for $212 million from DRA Advisors and Onyx Equities

Jericho, NY The Birch Group, a privately-held commercial real estate investor, owner and operator, completed the $212 million acquisition of

Nassau IDA approves 113,815 s/f project: $56 million

Jericho, NY The Nassau County Industrial Development Agency (NCIDA) has approved a transaction for JP Optionee LLC to develop, construct and

Hunt Corp. Commercial Real Estate Q&A: Six essential rules for closing deals - by David Hunt

Q: We are trying to buy an industrial building for our distribution business. We have lost two deals in a row, and are getting frustrated. I’m wondering what suggestions you might have to actually close a deal once you have found the property you want?