Category: Long Island
How location shapes property taxes - by Brad and Sean Cronin
March 11, 2025
The timeless saying “location, location, location” remains a fundamental principle in real estate valuation today. However, the way location influences the property tax burden for a commercial property is more complex. Commercial property taxes can differ depending on the taxable jurisdiction in which the property is located. Various factors
Win with your Instagram content - by Kimberly Zar Bloorian
March 11, 2025
Instagram is a game-changer for commercial real estate professionals looking to expand their network, build credibility, and secure more deals. But let’s be honest — posting property photos or company announcements alone won’t cut it. To truly capture the attention of investors, brokers, tenants, and clients, your content needs
Commercial Classroom: Understanding Tenants-in-Common and Delaware Statutory Trusts - by Edward Smit...
March 11, 2025
1031 Tax Deferred Exchanges started over a hundred years ago, in 1921. Generally, when an investment property is sold, one must pay capital gains taxes. With the 1031 Exchange, if another property is bought at that time the capital gains
Raffa of Island Assocs. and Valanzano of Colliers lease 4,720 s/f to Law Offices of Roman Shakh
February 25, 2025
Melville, NY Robert Raffa of Island Associates Real Estate Inc., who represented the tenant, and Maria Valanzano of Colliers, who represented the landlord negotiated the long-term lease of 4,720 s/f of office space to the Law Offices of Roman Shakh at One Huntington Quadrangle.
Delisle of Island Assocs. brokers lease extension for CardSmart at Babylon Market Place
February 25, 2025
Babylon, NY Roger Delisle of Island Associates negotiated a long-term lease extension with CardSmart for their space at Babylon Market Place shopping center. CardSmart has been a tenant for over 20 years at the shopping center and with the long term lease extension
Delisle of Island Assocs. negotiates 29,000 s/f lease to C Town Supermarket
February 25, 2025
Central Islip, NY Roger Delisle of Island Associates negotiated a new 25-year lease term with C Town Supermarket to continue to occupy 29,000 s/f at Islip Plaza at the northwest corner of Wheeler Rd. and Suffolk Ave.
Forever chemical risk in by-product of wastewater treatment - by Jesse Hiney
February 25, 2025
On January 14, 2025, the U.S. Environmental Protection Agency (EPA) issued a draft risk assessment to evaluate the disposal of sewage sludge containing the forever chemicals PFOA and PFAS. Sewage sludge refers to the nutrient-rich biosolids that remain after wastewater is sent to a wastewater treatment plant
Kleinberg of Tri-State Properties sells 10,000 s/f mixed-use building for $1.66 million
February 11, 2025
Babylon, NY Ron Kleinberg of Tri-State Properties brokered the sale of this retail/apartment building on Main St. for $1.664 million. Tri- State Properties was the exclusive selling broker representing both the seller and buyer. The two-story building totaled 10,000 s/f which included a 3,000 s/f
Premier Care signs 56,500 s/f
lease at BEB’s 100 Marcus Blvd.
February 11, 2025
Hauppauge, NY BEB Capital (BEB) said that Premier Care Industries has signed a 56,500 s/f lease at 100 Marcus Blvd. The property will be used as one of Premier Care’s logistics warehouse.
Greystone provides $11.7 million in Fannie Mae
DUS financing for 61-unit Wellington Park Villas
February 11, 2025
Amityville, NY Greystone provided a $11,749,000 Fannie Mae Delegated Underwriting & Servicing (DUS) loan to refinance a 61-unit multifamily property. The financing was originated by Jesse Yodice, director at Greystone.
Cronheim Mortgage finances 69,350 s/f retail center
February 11, 2025
Medford, NY Cronheim Mortgage has arranged $3 million in financing for a 69,350 s/f shopping center located in Suffolk County. Allison Villamagna and Andrew Stewart placed the financing with one of its portfolio lender relationships and will act as correspondent and servicing agents. The financing was
The Feil Organization secures two leases totaling 31,320 s/f at 1305 Walt Whitman Rd.
February 11, 2025
Melville, NY The Feil Organization signed two leases totaling 31,320 s/f at 1305 Walt Whitman Rd., a class A office building. The Long Island Board of Realtors signed a 24,585 s/f, 15-year lease across the third floor while existing tenant Medigap Life LLC relocated within the building
Trending Stories
Quick Hits
