Melville, NY The Commercial Industrial Brokers Society of Long Island (CIBS) made a donation of $6,400 to Long Island Cares, Inc. – The Harry Chapin Regional Food Bank, supporting the organization’s ongoing mission to provide food and resources to individuals and
Melville, NY The Suffolk County Industrial Development Agency (IDA) has approved amended financial assistance for 125 Spagnoli LLC, an affiliate of The Beechwood Organization, to support a $50 million increase in the total investment for The Ferncliff Hotel,
West Babylon, NY Jeremy Hackett of Metro Realty Services, LLC sold 3,000 s/f at 400 Columbus Ave. to D&W Columbus LLC for $875,000. Hackett represented both the seller, estate of Raymond Pawloski, and the buyer.
Syosset, NY For decades, Authentic Window Design (AWD), a Lavitt Company, has been a household name for homeowners and building professionals across New York, New Jersey, and Connecticut. Associated with exceptional windows, doors, and service, this trusted leader is taking a major step forward as a company.
The world of office real estate has been something of a rollercoaster over the last five years. The COVID-19 pandemic forced companies across the country to switch to a “work from home” model that left office space empty and demand low
Hauppauge, NY JLL Capital Markets has completed the $62.5 million refinancing of Carlow Wind Watch, a newly-constructed multifamily property located at 1721 Motor Pkwy. A JLL Capital Markets team led by senior managing director
Sayville, NY Richie Buono of Island Associates (IA) procured and negotiated the $2.85 million sale of 160 Main St. which is the 14,000 s/f multilevel former Capital One Bank located on three acres. The purchasers, D’Angrea Brothers LLC, are local investors. The seller, Sayville I 2020, LLC,
Ronkonkoma, NY Greystone Capital Advisors provided a $166.205 million Freddie Mac-backed permanent loan on behalf of TRITEC Real Estate Company and The Olayan Group to refinance The Core at Station Yards, a newly delivered, 388-unit, mixed-use residential, office and retail
Uniondale, NY According to Forchelli Deegan Terrana LLP, Linda Tierney, the law firm’s director of office management, was appointed vice president of the Association of Legal Administrators (ALA) Long Island Chapter. She will serve a one-year term.
One of the major advantages of leasing office space, as opposed to purchasing a building, is an easy exit strategy. When the lease is over, you move out without further obligation. This can be a critical advantage of a short-term lease. Do you have a special project that requires human
New Hyde Park, NY Jeremy Hackett and Mark Timpone of Metro Realty Services sold 5,000 s/f at 914 Third Ave., to NYFA Group for $1.725 million. Hackett and Timpone represented the seller, 914 3rd Ave. Corp., and John Mangani of Compas
Your client wants $1 million for their land. How much is that land really worth? To answer this question requires an analysis of what is the “highest and best” use of the property – what use will produce the most revenue. Then the question becomes will this use be