Category: Long Island
Merrell of Island Associates sells
13,400 s/f warehouse for $3.8 million
August 12, 2025
Deer Park, NY Island Associates Real Estate Inc. negotiated the sale of a prime industrial warehouse located at 609 Acorn St. in the town’s industrial district. The transaction closed at a purchase price of $3.8 million. The property, a well-maintained 13,400 s/f industrial facility situated on
Kleinberg of Tri-State Properties brokers $6.2
million sale of Wading River Medical Center
August 12, 2025
Wading River, NY Ron Kleinberg, president of Tri-State Properties, brokered the sale of the Wading River Medical Center. The sale price was $6.2 million. The four, one-story buildings totaled 30,000 s/f on 4.14 acres with 180 parking spaces. The building was 94% occupied
BDG Architects acquires JRS Architect, expands services
August 12, 2025
Mineola, NY BDG Architects has acquired JRS Architect, PC effective July 1, 2025. Bringing together the talents and resources of these practices will result in a team of over 150 design professionals and expands BDG Architects’ footprint beyond its five offices
Berger of Forchelli Deegan Terrana appointed first vice president of Nassau Lawyer’s Assn. of Long...
August 12, 2025
Uniondale, NY According to Forchelli Deegan Terrana LLP Michael Berger, an associate in the firm’s employment and labor and veterinary practice groups, was appointed first vice president of Nassau Lawyers’ Association of Long Island, Inc.
Brown Altman offers insights and legal strategy behind cold storage development boom in NY CRE marke...
August 12, 2025
Melville, NY As demand for temperature-controlled warehousing surges alongside growth in e-commerce grocery, pharmaceutical distribution and fresh food logistics, Brown Altman LLP published a timely new analysis authored by founding partner Keith Brown and associate
Court rules state cannabis laws preempt Riverhead regulations
August 12, 2025
Riverhead, NY A significant legal decision was handed down in the case of Tink & E, et al. v. Town of Riverhead, et al., where the court ruled that New York State’s cannabis laws preempt certain local zoning regulations imposed by the Town of Riverhead. The ruling
Hunt Corp. Commercial Real Estate Q&A: Property sparkle on a budget - by David Hunt
August 12, 2025
I was once contacted by a property owner who was having difficulty leasing his building. I agreed to inspect the property with him and make suggestions. Before we even entered the building, we had to walk on what was left of a lawn to avoid a bush that had completely overgrown and blocked
Suffolk County Industrial Development Agency approves $9.2 million investment
August 12, 2025
Hauppauge, NY The Suffolk County Industrial Development Agency (IDA) has approved a strategic incentive package to support a $9.2 million investment from Josh Packaging Inc., a two-generation, family-owned manufacturer based in the town. The investment will enable the company
NYS comptroller’s report shows town of Hempstead IDA driving economic growth and job creation
August 12, 2025
Hempstead, NY The town of Hempstead Industrial Development Agency (IDA) remains a significant driver of job creation and economic development, as highlighted in the latest Performance Report on Industrial Development Agencies released by New York State comptroller Thomas
Babylon Industrial Development Agency projects deliver $1.8 billion in value and over 6,000 new jobs...
August 12, 2025
Babylon, NY The Babylon Industrial Development Agency (Babylon IDA) remains a significant driver of job creation and economic development, as highlighted in the latest Performance Report on Industrial Development Agencies released by New York State comptroller Thomas
Commercial classroom: Office market update - Caution is the word of the day - by Edward Smith Jr.
August 12, 2025
The COVID-19 pandemic forced many office building owners to install expensive new air filtration systems, able to screen out airborne particles from their buildings. Those that did so now see more demand for space in their buildings.
Suffolk County IDA approves support for $22.5 million Cornerstone Kings Park development
August 12, 2025
Hauppauge, NY The Suffolk County Industrial Development Agency (IDA) has approved a financial assistance package for Cornerstone Kings Park, a $22.5 million 46-unit multifamily residential development planned for Kings Park. The project will replace a long-shuttered restaurant
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