The town of Brookhaven Industrial Development Agency (IDA) had another strong year in 2018 with businesses committing to invest $344 million in projectsHauppauge, NY
According to Hunt Corporate Services, Inc., Chembio Diagnostic Systems has leased a 70,000 s/f building at 555 Wireless Blvd. David Hunt of Hunt Corp. represented Chembio.
Often a lease will have an option for renewal by the tenant. If the option is exercised the broker is usually entitled to an additional commission. But what happens if the building is sold before the option becomes due?Uniondale, NY
Sahn Ward Coschignano, PLLC has promoted Kyle Lawrence to partner and hired Joseph Brees as a new associate.
According to Hunt Corporate Services, Inc., David Hunt, president of the firm, has been honored with the Long Island Business News “Citizenship Award – Real Estate Professional.”Melville, NY
Coldwell Banker NRT regional manager Bill McCartney and Paul Fetscher, CCIM, CRX CLS, senior commercial real estate advisor, named the firm’s top performers among the 62 commercial brokers.Hauppauge, NY
According to TRITEC Real Estate Company, Inc., LGBT Network has signed a lease for 15,030 s/f at 125 Kennedy Dr. The 65,000 s/f office building is located in Hauppauge Industrial Park. Melville, NY
H2M architects + engineers (H2M), a full-service multi-disciplined professional consulting and design firm, has acquired Wiedersum Associates Architects as of March 1st.
Nelson & Pope (N&P), a multi-disciplined AEC firm, has hired Thomas Gibbons, Jr., RLA, as project manager for N&P’s site division. Farmingdale, NY
According to Milvado Property Group, Newsday has renewed its 38,600 s/f lease at 360 Smith St., where it has resided for 20 years.