Long Island

Balardi, Boland, Calcagni, Moran, Price and Schneid promoted at Moritt Hock & Hamroff

Garden City, NY Moritt Hock & Hamroff have elevated Vincent Balardi, Brian Boland, Michael Calcagni, Jacquelyn Moran, Christine Price and Kelly Schneid to partner, and Lauren Bernstein, Alex Litt, Caitlyn Ryan and Jodi Zimmerman have been elevated to counsel, effective January 1, 2023. 

Ganz joins Kaufman Dolowich as Construction Practice partner

Woodbury, NY According to Kaufman Dolowich, a leading national law firm, Michael Ganz has joined the firm’s headquarters as a partner. Ganz joins the firm’s Construction Law Practice

Northmarq secures $77 million refinance of four properties

Melville, NY Ernest DesRochers, Charles Cotsalas, and Robert Delitsky of Northmarq’s New York and Long Island debt/equity team arranged $77 million in refinancing for four properties located in Melville, Brooklyn, and Garden City. Northmarq structured permanent fixed-rate

PWGC hires Benz and Macharie as associates in the Enviro. Division

Bohemia, NY P.W. Grosser Consulting, Inc. (PWGC) hired two new associates. Joining PWGC’s environmental division as field hydrogeologists are Kylie Benz and Jada Macharie.

Racanelli Construction Co. completes project for The Learning Experience

Brooklyn, NY Racanelli Construction Company, Inc. completed an interior fit out of a preschool on behalf of the franchisee of The Learning Experience(TLE) located at 465 Pacific St.

Kimco Realty acquires eight properties for $375 million - brokered by JLL for Kabro Assocs.

Long Island, NY JLL Capital Markets has closed the $375 million sale of an eight-property, retail shopping center portfolio in Great Neck, Woodbury, Massapequa Park, Greenvale, West Islip and Syosset. JLL marketed the property on behalf of the seller, Kabro Associates. Kimco Realty acquired the assets.

Hempstead IDA approves benefits pact for Sunrise Assisted Living facility in Oceanside

Oceanside, NY Fred Parola, CEO of the Town of Hempstead Industrial Development Agency (IDA), said the agency approved a package of economic development benefits for an assisted living facility proposed by Sunrise Senior Living in Oceanside.

RC Commercial Partners leases 12,000 s/f at Palm Plaza

Brentwood, NY Ron Epstein of RC Commercial Partners leased two stores at Palm Plaza shopping center. Palm Plaza Grocery Corp, operating as Compare Foods, has opened an 8,000 s/f supermarket.

Hunt Corporate Services Commercial Real Estate Q&A: Zoning research is essential - by David Hunt

Q: We are in the market to buy an industrial building. How concerned should we be with the specific zoning of each property we consider? A: There are a number of concerns in the evaluation of zoning, but the primary one is whether you can lawfully operate your business.

FDT LLP launches condemnation practice group lead by Penighetti

Uniondale, NY Forchelli Deegan Terrana LLP (“FDT”) launched a condemnation practice group. Condemnation, or eminent domain, is the taking of private property by the government for public purposes.