Long Island

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

Daniel Gale Sotheby’s International Realty’s fundraiser supports Island Harvest and City Harvest Food Banks

Cold Spring Harbor, NY Daniel Gale Sotheby’s International Realty (DGSIR) launched a month-long fundraiser to collect food and funds for Island Harvest Food Bank and City Harvest, two of the region’s largest hunger relief organizations. This company-wide effort is part

Valanzano and D’Orazio of Colliers lease 1,526 s/f

Patchogue, NY Colliers has arranged a lease for Affiliated Agency Insurance in the New Village at Patchogue, a mixed-use development. Colliers senior managing directors Maria Valanzano and Steven D’Orazio represented both the tenant and landlord, TRITEC Real

Freeman of Jaspan Schlesinger elected as vice president of Women’s Bar Assn. of State of N.Y.

Garden City, NY Jaspan Schlesinger LLP said that partner Simone Freeman has been elected as vice president of the Women’s Bar Association of the State of New York (WBASNY). Freeman is an experienced land use and zoning attorney, with an extensive background