Long Island

Island Associates completes two transactions totaling $6.9 million

Island Associates represented First Hartford (Development Company) in the purchase of 20 Merrick Rd. Amityville Village, N.Y. consisting of ...

Lighthouse Real Estate Ventures acquires Tri-State Baker portfolio

Lighthouse Real Estate Ventures, Inc., one of metropolitan New York's most active commercial real estate owner/operators, has acquired certa...

Besen & Associates sells Gold Coast Hotel for $5.6 million

Laurence Ross, an active NYC sales broker of the platinum team at Besen, has completed the successful sale of the Gold Coast Hotel, located ...

LIDC completes three transactions totaling 33,600 s/f

The Long Island Development Corp. (LIDC) completed the financing of over 33,600 s/f of commercial real estate with $2.361 million in SBA 504...

Harold D. Baker & Co. arranges $5.05 million first mortgage financing

Harold D. Baker & Co., Inc. has arranged first mortgage financing in the amount of $5.05 million for a CVS ground lease in Mineola, N.Y. The...

Understanding the subordination clause

Most leases contain a subordination clause, yet it's frequently overlooked - not necessarily without cause. In the commonly-used Standard Fo...

Stewart and Morris of Cronheim Mortgage arrange $30m for Southgate Shopping Ctr.

Andrew Stewart and Dev Morris have arranged financing of $30 million for Southgate Shopping Center. The loan carries a 7-year term. The loan...

Wachtler Knopf Equities managing and leasing agent for 250,000 s/f

Wachtler Knopf Equities LLC has taken over leasing and management responsibilities for an office complex, and plans to make significant exte...

Are you getting your money's worth with carbon offsets?

With the increased prominence of global warming, several recent real estate developments have advertised themselves as "carbon neutral." Ge...

Commercial properties use demand response programs to manage energy costs

As energy costs rise and demand increases, commercial property owners, developers and managers are turning to demand response programs to be...