Category: Long Island

When drafting and negotiating contracts with an architect, general contractor, construction manager, or even trade contractors, one important choice a developer or property owner faces is whether to litigate any potential disputes in a court of law, or to include a provision in the contract to compel arbitration instead. 

Every new tax law comes with opportunities and pitfalls. The popular press has provided extensive – if sometimes superficial – coverage of the changes: lower tax rates for businesses, the restrictions on itemized deductions for individuals. Some practitioners have been advising clients to make substantial changes to their business structures while others have been advising caution.

The Long Island Rail Road is the oldest United States railroad still operating under its original name and charter. The growth of the railroad helped to shape the future of Long Island and is now the busiest commuter rail system in the United States. Since its inception, the railroad has been an essential part of Long Island’s economy.

Several major trend lines are currently creating increasing demand for medical office buildings in Long Island and across the nation. The population of the United States is aging at the same time that medical practitioners are leaving individual practices to join larger, more efficient medical groups. Meanwhile, medical care is moving from hospitals to local facilities, and medical practices are clustering to benefit from cross pollination. The result is remarkable growth in medical office buildings both in new construction and in repositioned properties. This has attracted significant investment by capital sources who anticipate that the trend will continue. 

Woodbury, NY Eastman Cooke Construction, a leading general contracting and construction management firm, is the recipient of Long Island Business News’ (LIBN’s) 2018 Architecture, Engineering & Development Award for Top Office Project. The awards ceremony will took place at Crest Hollow Country Club on March 27th.