Category: Long Island
Commercial classroom: 2025 goal: Develop your commercial referral business - by Edward Smith Jr.
January 14, 2025
A consistent program is the key to success. Begin with a “sphere of influence” list, literally everyone you know. Prepare a brief letter announcing or reminding people on the list that you are in the commercial and investment real estate brokerage business. Add a few
Know your zone: The tax implications of vacant land in New York City and Nassau County - by Jeremy M...
January 14, 2025
Vacant land in Nassau County and New York City falls under unique rules of taxation regarding how it is assessed and how annual tax bills are calculated. Both jurisdictions are classified as “Special Assessing Units” under Article 18 of the NYS Real Property Tax Law (RPTL).
Suffolk IDA approves investment for Good Meats, LLC/Casanova Market to purchase/renovate 50,000 s/f
January 14, 2025
Hauppauge, NY The Suffolk County Industrial Development Agency (IDA) has approved a transaction that will allow Good Meats, LLC/Casanova Market Inc. to invest in the purchase and renovation of a 50,000 s/f existing building on 4.6 acres and an adjacent
CBRE arranges sale and financing of 200-unit Sutton Landing at Deer Park
December 31, 2024
Deer Park, NY CBRE, led by the joint efforts of the New York Metro institutional sales team led by Jeff Dunne and Eric Apfel and the CBRE senior housing team led by Aron Will, John Sweeny, Scott Bray negotiated the sale of Sutton Landing
2024 Year in Review: Sean Cronin, Cronin & Cronin Law Firm
December 31, 2024
What was your greatest professional accomplishment or most notable project, deal, or transaction in 2024? Just recently we obtained an 80% reduction on a high-profile property resulting in millions of dollars of tax refunds which will assist in having the property re-developed. This past year, we have assisted numerous major new development
H2M architects + engineers receives AIA Long Island Chapter’s Lifetime Achievement award
December 10, 2024
Melville, NY The American Institute of Architects (AIA) Long Island Chapter awarded architecture and engineering design firm H2M architects + engineers with a Lifetime Achievement Award at the 60th Annual Archi Awards ceremony
Nassau County Industrial Development Agency approves Premiero Cherry plan to construct multi-housing...
December 10, 2024
Hicksville, NY The Nassau County Industrial Development Agency (NCIDA) has approved a transaction for Premiero Cherry LLC for the construction of a multi-family housing project at 33 and 37 West Cherry Ln. The 35,365 s/f building will be on an-unused 0.4-acre parcel and will contain 20 rental units.
Dunne, Bardsley, Langer and Heilpern of
CBRE complete $23.5 million office sale
December 10, 2024
Woodbury, NY The CBRE team of Jeff Dunne, Steve Bardsley, and Travis Langer, in collaboration with Philip Heilpern of CBRE’s Long Island office, completed the $23.5 million sale of 1000 Woodbury Rd.
Levin Management Corp. leases 6,800 s/f to J.Crew Factory at Mayfair Shopping Center
December 10, 2024
Commack, NY Clothing retailer J.Crew Factory celebrated its official grand opening at Mayfair Shopping Center. Levin Management Corp. (LMC) serves as exclusive leasing and managing agent for the 222,000 s/f Jericho Tpke. retail destination.
Bethpage Federal Credit Union becoming FourLeaf
December 10, 2024
Bethpage, NY Bethpage Federal Credit Union, the largest credit union in the Northeast region, and the 15th largest in the nation with over 480,000 members and $13.4 billion in total assets, is rebranding to become FourLeaf Federal Credit Union. The new name, FourLeaf, represents the credit union’s commitment
Hunt Corp. Commercial Real Estate Q&A: Tenant retention - by David Hunt
December 10, 2024
Professional landlords know that one of the best ways to reduce their marketing and leasing costs is to retain their existing tenants. In many cases, you may not be able to offer the departing tenant the space he needs. But if a renewal of his existing space is a viable alternative, you want to make sure that you have done all
Brookhaven Industrial Development Agency closes on expansion in Yaphank by Cassone Leasing
December 10, 2024
Yaphank, NY Frederick Braun III, chairman of the Town of Brookhaven Industrial development agency (IDA), said that the agency has closed on an economic incentives package for Cassone Leasing Inc., the lessor of storage and construction site trailers, which intends to construct a building to accommodate its growing business.
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