Category: Long Island

Incorporation by reference provisions in subcontracts may not fully protect GCs, owners - by Andrew Richards

Incorporation by reference provisions in subcontracts may not fully protect GCs, owners - by Andrew ...

February 4, 2020
A common, yet frequently overlooked, cause of increased project and construction costs occurs when the terms of the agreement between the owner and the contractor (the “general contract,”) and the agreement between the contractor and a
Zere of Zere Real Estate Services brokers office condo: $329,000

Zere of Zere Real Estate Services brokers office condo: $329,000

February 4, 2020
Ronkonkoma, NY Michael Zere, executive vice president at Zere Real Estate Services has sold a 1,534 s/f commercial office condo in the Lakeland Office Condominium Complex located at 3505 Veterans Memorial Hwy., Suite M. The complex is
Mojo Stumer Associates designs Roslyn Heights mixed-use property

Mojo Stumer Associates designs Roslyn Heights mixed-use property

February 4, 2020
Roslyn Heights, NY Mojo Stumer Associates has completed design work for 301 Warner Ave. The project is currently unbuilt and  in zoning approvals. JK Equities is the owner and developer.
Schachner and O’Hara of SVN|Realty Three Advisors sell 20,000 s/f office property

Schachner and O’Hara of SVN|Realty Three Advisors sell 20,000 s/f office property

February 4, 2020
Port Jefferson Station, NY SVN|Realty Three Advisors LLC completed the sale of 1010 Rte. 112.
Colliers Int’l. and Ripco collaborate in lease for Bloomingdales Furniture

Colliers Int’l. and Ripco collaborate in lease for Bloomingdales Furniture

February 4, 2020
Westbury, NY According to Colliers International and Ripco Real Estate, Bloomingdale’s Furniture is coming to the Samanea New York Mall.
Biordi elected 2020 president of Long Island Appraisal Institute

Biordi elected 2020 president of Long Island Appraisal Institute

February 4, 2020
Williston Park, NY John Biordi, MAI, of First Republic Bank has been elected president of the Long Island Chapter of the Appraisal Institute for 2020. Serving Nassau and Suffolk counties, the chapter assists real estate
Cohen of Ashlind Properties negotiates 30,000 s/f

Cohen of Ashlind Properties negotiates 30,000 s/f

February 4, 2020
Ronkonkoma, NY According to Ashlind Properties, S.W. Anderson Sales has signed a long term lease with Island Architectural Woodworking for 30,000 s/f at 50 Haynes Ct. Richard Cohen, president of
CIBS elects Naeder to board; re-elects Lagano, Pennetta and Stratigos

CIBS elects Naeder to board; re-elects Lagano, Pennetta and Stratigos

February 4, 2020
Syosset, NY Melissa Naeder, a senior director in the Long Island office Cushman & Wakefield, has been elected to the board of the Commercial Industrial Brokers Society (CIBS) of Long Island, one of the region’s largest
Omstrom of JLL acts for Computech in $4.3 million sale of 26,000 s/f bldg.

Omstrom of JLL acts for Computech in $4.3 million sale of 26,000 s/f bldg.

February 4, 2020
Woodbury, NY JLL has completed the acquisition of 110 Crossways Park Dr. for Computech International. The technology solutions provider bought the mixed-use office building from an unnamed seller for $4.3 million.
New Year’s resolutions for commercial real estate agents - by Edward Smith

New Year’s resolutions for commercial real estate agents - by Edward Smith

February 4, 2020
New Year’s Resolutions for Commercial Real Estate Agents Meet two building owners or tenants in your town every day.
Tuccillo and Jalboukh of Marcus & Millichap broker $2.35 million sale

Tuccillo and Jalboukh of Marcus & Millichap broker $2.35 million sale

February 4, 2020
Hempstead, NY According to John Krueger, regional manager of Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the U.S. and Canada, the firm has completed the sale of the
Levine of Greystone originates $71.28 million for Massapequa Center Rehabilitation & Nursing

Levine of Greystone originates $71.28 million for Massapequa Center Rehabilitation & Nursing

February 4, 2020
Massapequa, NY Greystone has provided a $71.28 million HUD-insured loan to refinance Massapequa Center Rehabilitation & Nursing, a 320-bed skilled nursing facility. The transaction was originated by Fred Levine of Greystone.