Category: Long Island

NAI Long Island brokers sale of 2,500 s/f office for $680,000

NAI Long Island brokers sale of 2,500 s/f office for $680,000

August 11, 2026
Port Jefferson, NY NAI Long Island negotiated the sale of a 2,500 s/f multi-tenant office building on one acre at 111 N. Country Rd. The transaction closed on June 22, 2026, for $680,000 ($272 per s/f). The seller, S & S Port Jeff LLC, was represented by NAI Long Island brokers Marian Campi-Conde and Michael Corsello.
Merrell of Island Associates sells 1,400 s/f medical office - $650,000

Merrell of Island Associates sells 1,400 s/f medical office - $650,000

August 11, 2026
Lindenhurst, NY Island Associates completed the sale of a 1,400 s/f medical office building located at 760 N. Wellwood Ave. The property sold for $650,000 ($464 per s/f). The vacant building was
CAMCO Commercial Real Estate LLC completes 54,750 s/f industrial lease at 100 Colin Drive

CAMCO Commercial Real Estate LLC completes 54,750 s/f industrial lease at 100 Colin Drive

August 11, 2026
Holbrook, NY CAMCO Commercial Real Estate LLC brokered a lease for 100 Colin Dr., a 54,750 s/f industrial facility. ITOCHU Corp. leased the industrial property from Sherwood Corporate Center LLC on a 10-year NNN (triple net) basis at $12 per s/f annually.
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

August 11, 2026
You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
Cronheim Mortgage arranges $70 million UPREIT acquisition/financing for Mayfair Shopping Center

Cronheim Mortgage arranges $70 million UPREIT acquisition/financing for Mayfair Shopping Center

August 11, 2026
Commack, NY Cronheim Mortgage has arranged an UPREIT acquisition and financing for Mayfair Shopping Center, a 221,000 s/f, 25-acre community center located along Jericho Tpke. (Rte. 25). Allison Villamagna and Andrew Stewart represented the seller, Arlona Limited Partnership and Arlona Realty LLC, and arranged acquisition financing on behalf of the buyer, Brixmor Property Group.
Brookhaven IDA closes on 100% affordable housing complex in Port Jefferson

Brookhaven IDA closes on 100% affordable housing complex in Port Jefferson

August 11, 2026
Port Jefferson, NY According to Frederick Braun III, chairman of the Town of Brookhaven Industrial Development Agency (IDA), the agency has closed on a package of economic incentives for a proposed 73,430 s/f, 53-unit
Tudisco of Forchelli Deegan Terrana named recipient of HIA-LI’s Rising Leadership Awards 2026

Tudisco of Forchelli Deegan Terrana named recipient of HIA-LI’s Rising Leadership Awards 2026

August 3, 2026
Smithtown, NY Victoria Tudisco, a member of Forchelli Deegan Terrana LLP’s marketing department, has been selected by HIA-LI as a recipient of the Rising Leadership Awards for 2026. An
Construction underway on new $34 million Ronald McDonald House at Stony Brook Children’s Hospital

Construction underway on new $34 million Ronald McDonald House at Stony Brook Children’s Hospital

July 30, 2026
Stony Brook, NY Ronald McDonald House Long Island has commenced construction on the new $34 million Ronald McDonald House at Stony Brook Children’s Hospital, marking a major milestone in the
Cronheim Mortgage secures $10 million financing for 87,813 s/f BJ’s Wholesale Club

Cronheim Mortgage secures $10 million financing for 87,813 s/f BJ’s Wholesale Club

July 28, 2026
Bellport, NY Cronheim Mortgage has secured $10 million of financing for the 87,813 s/f BJ’s Wholesale Club. Brandon Szwalbenest, Andrew Stewart, and Dev Morris placed the
Cushman & Wakefield’s Kuppersmith arranges 117,000 s/f industrial lease

Cushman & Wakefield’s Kuppersmith arranges 117,000 s/f industrial lease

July 28, 2026
Bethpage, NY Cushman & Wakefield executive managing director Rob Kuppersmith has arranged a 117,000 s/f industrial lease at 999 Bethpage Rd., on behalf of MidniteSnax and Dana’s Bakery.
Silber Investment Properties brokers $17 million sale of two shopping centers for Castle Bay Management

Silber Investment Properties brokers $17 million sale of two shopping centers for Castle Bay Managem...

July 28, 2026
Syosset, NY Silber Investment Properties (SIP) has successfully brokered the sale of two prime shopping centers in Nassau County, Long Island, for a combined total of $17 million. The premier retail assets — located at 180 Jericho Tpke. in Syosset and 350-382 W. Old Country Rd. in Hicksville — encompass a combined 46,983 s/f. Both properties were acquired simultaneously by Castle Bay Management Services
Forte Construction opens reconstructed 12-car platform at Babylon Long Island Rail Road Station

Forte Construction opens reconstructed 12-car platform at Babylon Long Island Rail Road Station

July 28, 2026
Babylon, NY The two-year, multi-phase modernization project at Long Island Rail Road (LIRR) Babylon Station reached a major milestone as the station’s newly reconstructed 12-car platforms opened to riders two weeks ahead of schedule, in time for the busy East End summer travel season.