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,
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.
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.
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.
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
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 27
th the Oceanside Library at 30 Davison Ave., held a grand opening,
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
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.
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
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