Long Island

Hempstead IDA gives final approval to incentives for apartment projects in Woodmere and Inwood

Hempstead, NY Frederick Parola, CEO of the town of Hempstead Industrial Development Agency (IDA) said that the IDA has again taken steps to boost the supply of rental housing in the town, giving final approval to proposed projects in Woodmere and Inwood.

Samanea New York continues to expand its Restaurant Row, signs two new restaurant leases

Westbury, NY Samanea New York has signed two new restaurant tenants to join its expanding Restaurant Row located at 1500 Old Country Rd. The two tenants, which are expected to open in the first half of 2025, are Tous les Jours, an artisan bakery

Champions Martial Arts opens at Mayfair S.C.

Commack, NY Champions Martial Arts has opened a new location at Mayfair Shopping Center, according to Levin Management Corporation (LMC), exclusive leasing and managing agent for the 222,000 s/f Jericho Tpke. retail destination.

United Properties sells 12,000 s/f retail/office
for $3.85 million

Plainview, NY United Properties Corp. closed the sale of a mixed-use property for $3.85 million. 1100 Old Country Rd., a retail and office building on the corner of Old Country Rd. and Plainview Rd., was purchased by

Bayport Funding provides $3.7 million
acquisition loan

Sag Harbor, NY Bayport Funding provided a $3.7 million acquisition and construction loan for a single-family home located on Millstone Rd. This property is located in a neighborhood and will include an in-ground pool with pool-house, tennis court and fitness and entertainment

ACC Space Inc. brokers two leases
totaling 22,000 s/f

Mineola, NY ACC Space Inc. negotiated two leases totaling 22,000 s/f.  Day Elevator and Lift leased 12,000 s/f at 147 E 2nd St. a flex-building. Chip Entwistle and Kevin Lann of ACC represented the tenant. Jason Miller represented the landlord

Metropolitan Realty Assocs. completes $18m refinancing of 128,600 s/f 81 Spence St.

Bayshore, NY Joseph Farkas, CEO and Founder of Metropolitan Realty Associates LLC (MRA), completed the refinancing of 81 Spence St. The refinancing occurred after securing an extended long-term lease with Duro Dyne National Corp., which now occupies the entire 128,600 s/f manufacturing

NAI Long Island brokers two leases at Brookhaven Professional Center - 4,864 s/f

Medford, NY NAI Long Island negotiated two leases totaling 4,864 s/f at Brookhaven Professional Center (BPC), 3231-3253 Rte. 112. Senior director Brian McGuire of NAI Long Island negotiated the 1,248 s/f lease agreement with The Nassau-Suffolk School Boards Association

Mayor and Densen of Island Assocs. broker five-year lease with The Law Office of Pat McCarthy ESQ.

Hauppauge, NY Lawrence Densen and Christopher Mayor of Island Associates brokered a five-year lease agreement with the, The Law Office of Pat McCarthy ESQ. and The accounting office of Richard Eitelberg CPA located @ 330 Motor Pkwy. Both Richard

Olshan Properties’ The Gate at Manhasset reaches 100% leased

Manhasset, NY Olshan Properties said that its shopping center, The Gate at Manhasset (The Gate), is fully leased. This milestone, achieved via 50,000 s/f in newly completed leases, underscores Olshan’s commitment to commercial retail centers as well as the strength of retail