Long Island

Navigating the shifting landscape of retail real estate: Trends, challenges and valuations - by Margo Tiffen

In today’s ever-changing retail real estate market, property owners find themselves at the forefront of seismic shifts, shaped by evolving consumer behaviors and constant innovation. This article provides insight on the current trends influencing the retail landscape,

Hackett of Metro Realty Services handles four
sales totalling 18,005 s/f - $4.885 million

Huntington Station, NY Jeremy Hackett, managing partner / licensed real estate broker of Metro Realty Services, LLC, negotiated four sales transactions.

Community Commercial closes
two retail leases - 2,200 s/f

Merrick, NY Community Commercial, under the guidance of broker Todd McIndoo, has concluded two retail lease transactions at 65 Merrick Ave., on behalf of Jam Realty Enterprises LLC from Garden City, NY, the property’s owners.

Hunt Corp. Commercial Real Estate Q&A: Generating cash with a sale-leaseback - by David Hunt

Q: Our business has owned and occupied a small office building for over 15 years and we are considering refinancing. Would there be an advantage to a sale-leaseback over refinancing?

Brookhaven IDA closes on economic benefits pact assisting Sunrise Wind transmission project

Holbrook, NY Frederick Braun III, chairman of the Town of Brookhaven Industrial Development Agency (IDA) said that the agency has closed on an agreement that will provide economic development incentives for Sunrise Wind’s transmission project

Delavale of Breslin Realty leases 3,000 s/f

Garden City, NY Breslin Realty signed a long-term lease with Nanos, Gomez & Associates, P.C. Nanos, Gomez are relocating from their Hempstead office to 3,000 s/f at 500 Old Country Rd.

Edwards and Martin of Sahn Ward Braff Koblenz assist client in sale of 10 industrial buildings

Uniondale, NY Wayne Edwards, partner, and Eugene Martin, senior counsel, both of Sahn Ward Braff Koblenz PLLC, represented affiliates of Ben Elias Industries Corp. in connection with the sale of 10 industrial buildings in Inwood, Nassau County, totaling 500,000 s/f near

Commercial real estate industry adjusting to new ASTM phase one environmental standards - by Chuck Merritt

As I presented earlier this year, the ASTM E-1527-21 standard for Environmental Site Assessments (ESAs) or more commonly known as a “phase one” was approved in February of 2023. However, the Environmental Protection Agency (EPA) will allow the prior ASTM E-1527-13

Suffolk IDA preliminarily approves investment for Citation Healthcare Labels LLC

Hauppauge, NY The Suffolk County Industrial Development Agency (IDA) has preliminarily approved a transaction to assist Citation Healthcare Labels, LLC expand its manufacturing and labeling operations within the Innovation Park at Hauppauge. With

Commercial and Industrial Brokers Society of Long Island (CIBS) presents “Meet the Candidates” on Sept. 13

Melville, NY On Wednesday, September 13th, the Commercial and Industrial Brokers Society of Long Island (CIBS) will host a “Meet the Candidates” breakfast, featuring candidates for Suffolk County executive Republican Hon. Ed Romaine and Democrat Dave Calone. The