Category: Long Island
The State Environmental Quality Review Act 2025 (SEQRA) proposed amendments - by Taylor Gonzalez
October 14, 2025
The State Environmental Quality Review Act, commonly referred to as SEQRA, is a state law that requires government agencies to assess the potential environmental, social, and economic impacts of a project to ensure balance and to protect the environment. In early 2025, the New York State Department of
Falling STAR: Why exemptions may shrink in 2026 - by Jeremy May
October 14, 2025
The School Tax Relief program, better known as STAR, has been part of New York’s property tax landscape for decades. Enacted by governor George Pataki in 1997, it was originally structured to reduce school tax bills directly through a partial exemption of assessed
Island Associates and Avison Young lease 7,500 s/f to NYU Grossman at Strathmore Commons
October 14, 2025
Middle Island, NY In August NYU Grossman had their grand opening at their new 7,500 s/f medical space at Strathmore Commons. NYU spent the last year building-out their space which is being used for general practice and cardiology patients.
TRITEC Real Estate Co. hires O’Leary as chief financial officer
October 14, 2025
Ronkonkoma, NY TRITEC Real Estate Company appointed Michael O’Leary as chief financial officer (CFO). In his role, O’Leary will oversee TRITEC’s financial strategy, planning, and operations, further strengthening the company’s leadership team as it continues
CIBS donates $6,400 to Long Island Cares in support of hunger relief
October 14, 2025
Melville, NY The Commercial Industrial Brokers Society of Long Island (CIBS) made a donation of $6,400 to Long Island Cares, Inc. – The Harry Chapin Regional Food Bank, supporting the organization’s ongoing mission to provide food and resources to individuals and
Suffolk IDA grants new benefits to 402,450 s/f The Ferncliff Hotel
September 30, 2025
Melville, NY The Suffolk County Industrial Development Agency (IDA) has approved amended financial assistance for 125 Spagnoli LLC, an affiliate of The Beechwood Organization, to support a $50 million increase in the total investment for The Ferncliff Hotel,
Hackett of Metro Realty Services sells 3,000 s/f for $875,000
September 30, 2025
West Babylon, NY Jeremy Hackett of Metro Realty Services, LLC sold 3,000 s/f at 400 Columbus Ave. to D&W Columbus LLC for $875,000. Hackett represented both the seller, estate of Raymond Pawloski, and the buyer.
Developing Long Island: Authentic Window Design - A Bold New Chapter for the Tri-State’s Premier W...
September 30, 2025
Syosset, NY For decades, Authentic Window Design (AWD), a Lavitt Company, has been a household name for homeowners and building professionals across New York, New Jersey, and Connecticut. Associated with exceptional windows, doors, and service, this trusted leader is taking a major step forward as a company.
Bringing Class A experiences to Class B buildings - by Kevin Paul and Joel Richardson
September 30, 2025
The world of office real estate has been something of a rollercoaster over the last five years. The COVID-19 pandemic forced companies across the country to switch to a “work from home” model that left office space empty and demand low
JLL completes $62.5 million
refinance of 150-unit Carlow Wind Watch
September 9, 2025
Hauppauge, NY JLL Capital Markets has completed the $62.5 million refinancing of Carlow Wind Watch, a newly-constructed multifamily property located at 1721 Motor Pkwy. A JLL Capital Markets team led by senior managing director
Buono of Island Associates brokers $2.85 million sale of former Capital One Bank site
September 9, 2025
Sayville, NY Richie Buono of Island Associates (IA) procured and negotiated the $2.85 million sale of 160 Main St. which is the 14,000 s/f multilevel former Capital One Bank located on three acres. The purchasers, D’Angrea Brothers LLC, are local investors. The seller, Sayville I 2020, LLC,
Greystone Capital Advisors arranges
$166.2 million loan for The Core at Station Yards
September 9, 2025
Ronkonkoma, NY Greystone Capital Advisors provided a $166.205 million Freddie Mac-backed permanent loan on behalf of TRITEC Real Estate Company and The Olayan Group to refinance The Core at Station Yards, a newly delivered, 388-unit, mixed-use residential, office and retail
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