When purchasing any real estate, one of the most critical items to research is the environmental condition of the property. There are several critical reasons that a comprehensive environmental report must be done, not the least of which is the fact that nearly every lender will mandate such a report.
Amityville, NY Metro Realty Services, LLC sold two mixed-use/industrial properties for $4 million. Michael Pisciotta of Metro Realty sold 4,400 s/f at 39 Maple Pl. to 39 Maple Place LLC for $1.2 million. Rosemarie Bozza of
East Meadow, NY At the annual meeting & holiday party, the Commercial Industrial Brokers Society of Long Island (CIBS) recognized leading professionals who have made significant contributions to the region’s commercial real estate community. The celebration brought together members, colleagues, and friends to honor excellence,
This is the conversation consultants and clients buying commercial real estate are having on a regular basis. As I have stated in previous articles, the Phase 1 Environmental Site Assessment (ESA) is a roadmap to understanding what environmental concerns may be presented as part of the due diligence
When New York permanently adopted the 2% property tax cap more than a decade ago, many owners hoped it would finally end the relentless climb in tax bills. But in the last couple of years, that “cap” has started to look more like a speed bump. Property owners are seeing taxes increase even when an
Many attorneys operating within the construction space are familiar with the provisions of New York Lien Law, which allow for the discharge of a Mechanic’s Lien in the event the lienor does not commence an action to enforce following the service of a “Section 59 Demand”.
East Setauket, NY According to TRITEC Real Estate Company, Northwell Primary Care has expanded it’s space at 3 Technology Dr., located within the Stony Brook Technology Center, a 103-acre medical and office park developed by TRITEC.
Uniondale, NY According to Forchelli Deegan Terrana LLP, Bret McCabe, a partner in the firm’s Construction and Litigation practice groups, was recently elected to serve as vice president of the North Shore Coalition