Category: Long Island
Champions Martial Arts opens at Mayfair S.C.
February 13, 2024
Commack, NY Champions Martial Arts has opened a new location at Mayfair Shopping Center, according to Levin Management Corporation (LMC), exclusive leasing and managing agent for the 222,000 s/f Jericho Tpke. retail destination.
United Properties sells 12,000 s/f retail/office
for $3.85 million
January 16, 2024
Plainview, NY United Properties Corp. closed the sale of a mixed-use property for $3.85 million. 1100 Old Country Rd., a retail and office building on the corner of Old Country Rd. and Plainview Rd., was purchased by
Bayport Funding provides $3.7 million
acquisition loan
January 16, 2024
Sag Harbor, NY Bayport Funding provided a $3.7 million acquisition and construction loan for a single-family home located on Millstone Rd. This property is located in a neighborhood and will include an in-ground pool with pool-house, tennis court and fitness and entertainment
ACC Space Inc. brokers two leases
totaling 22,000 s/f
January 16, 2024
Mineola, NY ACC Space Inc. negotiated two leases totaling 22,000 s/f. Day Elevator and Lift leased 12,000 s/f at 147 E 2nd St. a flex-building. Chip Entwistle and Kevin Lann of ACC represented the tenant. Jason Miller represented the landlord
Viola, Chen, Farrell, Stathakos and Stakey elevated to partnership at Certilman Balin Adler & Hyman
January 16, 2024
East Meadow, NY Effective January 1, 2024 Yuliya Viola, Noreen Chen, Kathleen Farrell, Penni Stathakos, and Darren Stakey were elevated to the partnership at Certilman Balin Adler & Hyman, LLP.
Metropolitan Realty Assocs. completes $18m refinancing of 128,600 s/f 81 Spence St.
January 16, 2024
Bayshore, NY Joseph Farkas, CEO and Founder of Metropolitan Realty Associates LLC (MRA), completed the refinancing of 81 Spence St. The refinancing occurred after securing an extended long-term lease with Duro Dyne National Corp., which now occupies the entire 128,600 s/f manufacturing
NAI Long Island brokers two leases at Brookhaven Professional Center - 4,864 s/f
January 16, 2024
Medford, NY NAI Long Island negotiated two leases totaling 4,864 s/f at Brookhaven Professional Center (BPC), 3231-3253 Rte. 112. Senior director Brian McGuire of NAI Long Island negotiated the 1,248 s/f lease agreement with The Nassau-Suffolk School Boards Association
Mayor and Densen of Island Assocs. broker five-year lease with The Law Office of Pat McCarthy ESQ.
January 16, 2024
Hauppauge, NY Lawrence Densen and Christopher Mayor of Island Associates brokered a five-year lease agreement with the, The Law Office of Pat McCarthy ESQ. and The accounting office of Richard Eitelberg CPA located @ 330 Motor Pkwy. Both Richard
Olshan Properties’ The Gate at Manhasset reaches 100% leased
January 16, 2024
Manhasset, NY Olshan Properties said that its shopping center, The Gate at Manhasset (The Gate), is fully leased. This milestone, achieved via 50,000 s/f in newly completed leases, underscores Olshan’s commitment to commercial retail centers as well as the strength of retail
Hunt Corp. Commercial Q&A: Save with Section 1031 exchange - by David Hunt
January 16, 2024
Q: I own the building that houses my construction business. We are considering purchasing a larger building and moving. My broker suggested a 1031 exchange. How does that work and is it worth the effort?
Hempstead IDA gives preliminary OK to benefits for warehouse to be built near JFK
January 16, 2024
Inwood, NY Frederick Parola, chief executive of the Town of Hempstead Industrial Development Agency (IDA), said that the IDA has given preliminary approval to a package of economic development benefits for a warehouse proposed for a once-polluted site near
Suffolk County IDA approves new affordable housing policy
January 16, 2024
Hauppauge, NY The Suffolk County Industrial Development Agency (SCIDA) established a first-of-its-kind Affordable Housing Policy. While other affordable housing policies exist throughout the region, the Suffolk IDA’s is the first to have dedicated provisions
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