Lynbrook, NY Vanderbilt Realty completed a $1.5 million sale and two leases totaling 4,950 s/f. In the first deal, Joe Giordano of Vanderbilt Realty has negotiated the $1.5 million sale of 393 Sunrise Hwy. This mixed-use property consists of seven tenants who occupy both retail and office units. It is located directly across from the LIRR Lynbrook train station.
Long Island has long been one of the tri-state area’s most stable office markets and despite showing signs of softening during Q3 2018, there are still healthy indicators of strength.
The American Society of Testing Materials (ASTM) which is tasked with developing the scope of work for Environmental Site Assessment (ESA) reports recently began work to upgrade its property environmental due diligence standard, E1527-13. The two digit number at the end represents the year it was published.