Long Island

Defining environmental due diligence in CRE - by Chuck Merrit

The phrase “due diligence” applies to everyday aspects of life. Many times, in ways we may not ever realize. Looking at the weather for the day impacts the clothes we put on (due diligence). More meaningful decisions like buying a company and needing to understand all aspects of that company require more due diligence. However,

Understanding property tax implications for 2024s market trends - by Brad Cronin and Sean Cronin

Property taxes are a significant expense for property owners, and understanding how market shifts influence assessments is crucial. As we approach 2025, examining the changes and trends that took place this year can help owners understand how to optimize their property tax case.

Commercial classroom: Marketing commercial properties - by Edward Smith Jr.

This column is offered to help educate agents new to commercial and investment brokerage and serve as a review of basics for existing practitioners. When you get a new listing, you need to create two marketing pieces, a teaser flyer and a brochure.

Town of Brookhaven Industrial Development Agency closes on economic incentive package for affordable rental apartment complex

Medford, NY Frederick Braun, chairman of the Town of Brookhaven Industrial Development Agency (IDA), said that the IDA has closed on a package of economic development incentives for a proposed affordable rental apartment complex for adults 55-plus.

Sayage joins Forchelli Deegan Terrana LLP

Uniondale, NY Jad Sayage has joined Forchelli Deegan Terrana LLP’s real estate practice group as an associate. Before joining FDT, Sayage was the managing attorney at Sayage Law PLLC, where he concentrated exclusively on various complex real estate matters such as

EW Howell Construction and H2M architects + engineers celebrate grand opening of 48,000 s/f Oceanside Library

Oceanside, NY EW Howell Construction Group completed a renovation/addition project for the Oceanside Library. The project was started in 2022 and was completed in October 2024. On October 27th the Oceanside Library at 30 Davison Ave., held a grand opening,

TRITEC Real Estate holds ribbon
cutting and groundbreaking at Station Yards

Ronkonkoma, NY The completion of the first phase of residential construction at phase 2A at Station Yards, a $256 million development, was celebrated with a ribbon cutting and groundbreaking event, marking the completion of The Core’s first 388 apartments, 67,000 s/f of retail space, and 16,500

Simone Development Companies signs 19,162 s/f long-term lease with Northwell Health

Melville, NY Simone Development Companies has signed a long-term lease with Northwell Health, Inc. for a new 19,162 s/f location at 40 Melville Park Rd. Northwell Health will use the space for a new pharmacy fulfillment center and related administrative offices at the 55,686 s/f single-story property.

Meltzer Lippe’s construction law practice successfully defends against $22 million suit

Mineola, NY Meltzer, Lippe, Goldstein & Breitstone LLP’s construction department, led by practice chair Manny Frade along with Adam Wald and Max Rayetsky, defended a client against a $22 million delay claim filed by a subcontractor in connection with the renovation of a subway station that had

Long Island’s office and industrial markets show signs of resilience

New York, NY Cushman & Wakefield released its third quarter office and industrial statistics for Long Island, showing that while the office market faces rising vacancy rates, leasing activity remained vigorous over the third quarter; meanwhile, the industrial sector demonstrated strong rental growth