Bay Shore, NY Cushman & Wakefield arranged the sale of Rockefeller Group’s Candlewood Industrial Park, two class A industrial buildings totaling 560,719 s/f at 145 and 158 Candlewood Rd.
Middle Island, NY Roger Delisle and Robert Monahan of Island Associates negotiated a long-term lease extension with FuRong Chinese Restaurant for the 3,180 s/f they occupy at Strathmore Commons. FuRong has been a tenant for over 20 years at Strathmore Commons
I have five criteria for you to consider that will help boost the future value of your real estate. But first and foremost, the building must suit your own needs today. Don’t get so caught up in the investment side of the acquisition that you ignore your company’s business
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.
A consistent program is the key to success. Begin with a “sphere of influence” list, literally everyone you know. Prepare a brief letter announcing or reminding people on the list that you are in the commercial and investment real estate brokerage business. Add a few
Vacant land in Nassau County and New York City falls under unique rules of taxation regarding how it is assessed and how annual tax bills are calculated. Both jurisdictions are classified as “Special Assessing Units” under Article 18 of the NYS Real Property Tax Law (RPTL).
Hauppauge, NY The Suffolk County Industrial Development Agency (IDA) has approved a transaction that will allow Good Meats, LLC/Casanova Market Inc. to invest in the purchase and renovation of a 50,000 s/f existing building on 4.6 acres and an adjacent
Deer Park, NY CBRE, led by the joint efforts of the New York Metro institutional sales team led by Jeff Dunne and Eric Apfel and the CBRE senior housing team led by Aron Will, John Sweeny, Scott Bray negotiated the sale of Sutton Landing
Melville, NY The American Institute of Architects (AIA) Long Island Chapter awarded architecture and engineering design firm H2M architects + engineers with a Lifetime Achievement Award at the 60
th Annual Archi Awards ceremony
Hicksville, NY The Nassau County Industrial Development Agency (NCIDA) has approved a transaction for Premiero Cherry LLC for the construction of a multi-family housing project at 33 and 37 West Cherry Ln. The 35,365 s/f building will be on an-unused 0.4-acre parcel and will contain 20 rental units.
