Category: Long Island

Fourteen Forchelli Deegan Terrana LLP attorneys named to The Best Lawyers in America 2024 & Best Lawyers: Ones to Watch in America

Fourteen Forchelli Deegan Terrana LLP attorneys named to The Best Lawyers in America 2024 & Best Law...

August 15, 2023
Uniondale, NY Forchelli Deegan Terrana LLP’s (“FDT”) chairman and co-managing partner, Jeffrey Forchelli, was selected by his peers for inclusion in the 30th Edition of The Best Lawyers in America for Land Use & Zoning Law. He has been recognized annually since 2018
Racanelli Construction Company, Inc.’s  Spirit Squad Helps Build A Habitat for Humanity of Long Island

Racanelli Construction Company, Inc.’s Spirit Squad Helps Build A Habitat for Humanity of Long Is...

August 15, 2023
Melville, NY Racanelli Construction Company, Inc., a leading construction management, general contractor, and design/build resource for commercial, industrial, retail, medical, pre-engineered, and multi-unit residential projects, recently participated in a Habitat for Humanity of Long Island house build. On June 21, 2023, 14 Racanelli Construction employees volunteered their time to help
Mayor and Densen of Island Associates broker lease with IM=X Pilates

Mayor and Densen of Island Associates broker lease with IM=X Pilates

August 15, 2023
Roslyn Heights, NY Lawrence Densen and Christopher Mayor of Island Associates brokered a 10-year lease agreement with IM=X Pilates, for approximately 3400 s/f+/- located at 43-53 Mineola Ave
Compass Development Marketing Group expands into Long Island market

Compass Development Marketing Group expands into Long Island market

August 15, 2023
Long Island, NY Compass Development Marketing Group (CDMG) announced it is expanding its marketing and sales expertise into New York’s Long Island luxury market. CDMG has established itself as one of New York City’s premier luxury new residential development sales and marketing teams, having helmed successful sellout campaigns at some of the City’s top buildings, including
Commercial classroom:  1031 Exchanges: Part 1 - by Edward Smith

Commercial classroom: 1031 Exchanges: Part 1 - by Edward Smith

August 15, 2023
We will begin this article by looking at the history of 1031 Exchanges, next month we will illustrate the procedure and rules. Congress, in an effort to pay for the American Civil War, imposed the first income tax in 1861
Commercial Industrial Brokers Society of Long Island presents 2022 Most Ingenious Deal of the Year award

Commercial Industrial Brokers Society of Long Island presents 2022 Most Ingenious Deal of the Year a...

July 11, 2023
Melville, NY The Commercial Industrial Brokers Society of Long Island (CIBS) presented the 2022 Most Ingenious Deal of the Year (MIDY) award at an event co-sponsored by the Association for a Better Long Island (ABLI). The prestigious award was given to the CBRE team of senior vice president Paul
First Citizens Bank provides $19.5 million loan for <br> development of Holbrook Logistics Center

First Citizens Bank provides $19.5 million loan for
development of Holbrook Logistics Center

July 11, 2023
Islip, NY First Citizens Bank’s Real Estate Finance business provided a $19.5 million construction loan for the development of Holbrook Logistics Center in Long Island. The borrower, an affiliate of Eagle Cliff Real Estate Partners, is building a new
OneKey hosts Info Track program at annual Long Island Board of Realtors Education Conference and Trade Show

OneKey hosts Info Track program at annual Long Island Board of Realtors Education Conference and Tra...

July 11, 2023
Woodbury, NY As part of the 35th annual Long Island Board of Realtors Education Conference and Trade Show, OneKey MLS – the largest multiple listing service in New York – hosted its first-ever Info Track program, a hub of innovative training sessions and expert insights
Hunt Corp. Commercial Real Estate Q&A:  Maintaining your property like a professional - by David Hunt

Hunt Corp. Commercial Real Estate Q&A: Maintaining your property like a professional - by David Hun...

July 11, 2023

Q: Our firm is not large enough to employ a full-time property manager for the building we own. Do you have guideline or checklists that one of our senior managers could use to make sure everything is completed in a timely manner? A: You do not have to have a full-time property manager to maintain your property, but you, or whoever will be responsible for day-to-day maintenance, should think like one.

Colliers and TRITEC lease 195,000 s/f of retail space at Station Yards

Colliers and TRITEC lease 195,000 s/f of retail space at Station Yards

July 11, 2023
Ronkonkoma, NY Colliers partnered with TRITEC Real Estate Company to lease 195,000 s/f of retail space at Station Yards. The firm has arranged the first lease at the mixed-use project on Long Island for Great South Bay Brewery. A Colliers team led by vice presidents Maria Valanzano
JLL Capital Markets closes sale of 395,000 s/f Riverhead Centre

JLL Capital Markets closes sale of 395,000 s/f Riverhead Centre

July 11, 2023
Riverhead, NY JLL Capital Markets closed the sale of the nine-building, 395,000 s/f, grocery-anchored Riverhead Centre. JLL represented the seller, AFL-CIO Building Investment Trust advised by PNC Realty Investors, and procured the buyer, Prestige Properties & Development
Expediting the process - artificial intelligence’s future impact on Long Island commercial real estate - by Erik Snipas

Expediting the process - artificial intelligence’s future impact on Long Island commercial real es...

July 11, 2023
Artificial Intelligence (“AI”) is poised to revolutionize the commercial real estate market. As AI becomes more advanced, the commercial real estate market on Long Island will see dramatic changes in the way real estate investors purchase, sell, evaluate, and develop properties. From enhancing