Long Island

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?

Densen and Mayor of Island Associates broker $515,000 sale with Karp of Coldwell Banker

Lake Grove, NY Lawrence Densen and Chris Mayor of Island Associates Real Estate, a Smithtown-based commercial real estate broker and developers,

Kleinberg and Staudigel of Tri-State Properties handle $4.975 million sale

Wading River, NY Ron Kleinberg and Dale Staudigel, co-presidents of Tri-State Properties, brokered the sale of The North Wind Professional Park located at

ACRES Capital originates $34 million loan for The Rose at Great Neck; design by Mojo Stumer Associates

Great Neck, NY ACRES Capital Corp., with its subsidiaries, (ACRES) a leading commercial real estate middle-market lender, has originated a $34 million loan to

Commercial Classroom: “Options” in commercial real estate - by Ed Smith

A lease may be written for a specific term and have an option for the tenant to extend the lease term for an additional period, or periods of time (i.e. the term of the

Storage Post Self Storage purchases 4-property portfolio totaling 370,000 s/f

Garden City, NY According to Storage Post Self Storage, it has completed the acquisition of a four-property self-storage portfolio in the

Zere of Zere Real Estate Services honored by Queens Village Republican Club

Ronkonkoma, NY Marie Zere, president and CEO of Zere Real Estate Services received the “Business Woman of the Year” award for

EW Howell Construction Group unveils new executive leadership

Plainview, NY According to EW Howell Construction Group, one of the region’s leading builders, Daniel Williams has been appointed