Category: Long Island

Cap rates are rising, property taxes should follow the market’s reality - by Brad and Sean Cronin

Cap rates are rising, property taxes should follow the market’s reality - by Brad and Sean Cronin

June 30, 2026
For much of the past decade, commercial real estate owners benefited from a favorable environment of historically low interest rates, abundant capital, and strong investor demand. As a result, capitalization
Lionheart Strategic Management provides $111.3 million construction loan for The Bridge

Lionheart Strategic Management provides $111.3 million construction loan for The Bridge

June 30, 2026
Mineola, NY Lionheart Strategic Management LLC (Lionheart), an affiliate of Fisher Brothers, and Schroders Capital, the private assets division of Schroders, have provided a $111.3 million floating-rate
The DH Citadel Real Estate is now Deepak Hemrajani Inc.

The DH Citadel Real Estate is now Deepak Hemrajani Inc.

June 30, 2026
Woodbury, NY Deepak Hemrajani, CEO and broker owner has rebranded The DH Citadel Real Estate to Dee-pak Hemrajani Inc., marking a new chapter in the company’s growth and commitment to delivering
A Legacy of Growth Through Practice Excellence; Forchelli Deegan Terrana LLP celebrates 50th anniversary

A Legacy of Growth Through Practice Excellence; Forchelli Deegan Terrana LLP celebrates 50th anniver...

June 30, 2026
Uniondale, NY In 1976, Jeffrey D. Forchelli founded a general practice law firm dedicated to serving local residents and businesses. From the outset, the firm — now known as Forchelli Deegan Terrana LLP — was grounded in excellence
Burshteyn joins Forchelli Deegan Terrana as banking and finance partner

Burshteyn joins Forchelli Deegan Terrana as banking and finance partner

June 16, 2026
Uniondale, NY Forchelli Deegan Terrana LLP welcomes Yuri Burshteyn to the firm’s banking and finance practice group as a partner. He will also be working with the firm’s real
TRITEC celebrates completion of Phase 2B at Station Yards, expanding Long Island’s emerging Downtown in Ronkonkoma

TRITEC celebrates completion of Phase 2B at Station Yards, expanding Long Island’s emerging Downto...

June 15, 2026
Ronkonkoma, NY TRITEC Real Estate Company celebrated the completion of Phase 2B of The Core at Station Yards, marking a major milestone in the transformation of the Ronkonkoma Hub into one of Long Island’s most significant transit-oriented communities.
Retreat at 490 Wheeler Rd. in Hauppauge

Retreat at 490 Wheeler Rd. in Hauppauge

June 14, 2026
Hauppauge, NY Robert Raffa and Robert Monahan of Island Associates helped to negotiate a long-term lease for Retreat, a non-profit organization located at 490
Fireside Embroidery leases at 1245 Middle Country Rd. in Middle Island

Fireside Embroidery leases at 1245 Middle Country Rd. in Middle Island

June 13, 2026
Middle Island, NY Robert Raffa and Robert Monahan of Island Associates negotiated the 1,404 s/f lease for Fireside Embroidery in the Strathmore Shopping
Woof Gang Bakery & Grooming leases at 425 Union Blvd. in West Islip

Woof Gang Bakery & Grooming leases at 425 Union Blvd. in West Islip

June 12, 2026
West Islip, NY Robert Raffa and Robert Monahan from Island Associates negotiated a new lease at 425 Union Blvd. The new addition to the new 20,000 s/f
Forchelli Deegan Terrana partner appointed section delegate to the New York State Bar Association House of Delegates

Forchelli Deegan Terrana partner appointed section delegate to the New York State Bar Association Ho...

June 11, 2026
Uniondale, NY Cheryl Katz, a partner in the trusts & estates practice group at Forchelli Deegan Terrana LLP was appointed as a trusts and estates section delegate to the New York State Bar Association (NYSBA)
People’s Arc of Suffolk signs 10-year lease at 59 Sunrise Highway, East Islip, NY

People’s Arc of Suffolk signs 10-year lease at 59 Sunrise Highway, East Islip, NY

June 11, 2026
East Islip, NY People’s Arc of Suffolk has signed a 10-year lease for a 4,000 s/f freestanding retail/office building at 59 Sunrise Hwy. The property
What is the Virtual Evidence Courtroom? - by Nicole Milone

What is the Virtual Evidence Courtroom? - by Nicole Milone

June 10, 2026
In the fall of 2025, the commercial division rules of the New York Supreme Court were amended to add Rule 25-a titled “Virtual Evidence Courtrooms.” What does this new rule mean for practitioners?