Plainview, NY According to The Beechwood Organization all 660 market-rate condominium homes at its mixed-used development, Country Pointe in Plainview, are sold. The milestone reflects demand by Long Islanders of all ages, and primarily empty nesters aged 55-plus, for better quality of life where and how they want to live today.
East Setauket, NY Colliers secured a long-term lease extension and expansion for Stony Brook University Hospital within the Stony Brook Technology Center (SBTC). A Colliers team led by vice presidents Maria Valanzano and Steven D’Orazio represented the landlord, TRITEC Real Estate Company, in the transaction. David Leviton from JLL represented Stony Brook
Rochester, NY Endeavor Real Estate Group negotiated the sale of 105 Elmore Dr., an 86,000 s/f industrial property. Endeavor’s managing principal James Buckley facilitated the transaction on behalf of the purchaser and seller.
Often a lease will have an option for renewal by the tenant. If the option is exercised the Broker is usually entitled to an additional commission. But what happens if the building is sold before the option becomes due? Is the new owner responsible to pay the Brokers commission
Westbury, NY Larry Ross, vice president of Compass commercial real estate division led by Adelaide Polsinelli negotiated a lease execution with SPORTIME Pickleball LLC of a soon-to-open pickleball facility at 575 Merrick Ave. Scheduled to open this fall 2024, the complex will feature 13 new courts
Melville, NY Racanelli Construction Company, Inc. showed their support of the American Heart Association’s Heart Month which is held in February each year. To demonstrate its support Racanelli Construction employees wore red on the first Friday of February
Port Jefferson, NY NAI Long Island, an office of NAI Global, director Marian Campi-Condi and director Michael Corsello represented the sellers 60 Port Jeff LLC in the sale of 60 North Country Rd. The buyers represented themselves.
Inwood, NY Frederick Parola, chief executive of the town of Hempstead Industrial Development Agency (IDA), said that the IDA has given final approval to a package of economic development benefits for a warehouse proposed for a once-polluted site near JFK
Westbury, NY Mark Timpone and Jeremy Hackett of Metro Realty Services, LLC leased 3,730 s/f at 496 Grand Blvd. to Herald East Inc. Timpone and Hacktt represented the tenant and the landlord, 496 Grand Blvd Owner
Uniondale, NY Forchelli Deegan Terrana (FDT) land use & zoning partner Brian Kennedy was appointed to the regional (Long Island) board of the New York League of Conservation Voters
