Category: Long Island
RC Commercial Partners leases 12,000 s/f at Palm Plaza
December 13, 2022
Brentwood, NY Ron Epstein of RC Commercial Partners leased two stores at Palm Plaza shopping center. Palm Plaza Grocery Corp, operating as Compare Foods, has opened an 8,000 s/f supermarket.
Hunt Corporate Services Commercial Real Estate Q&A: Zoning research is essential - by David Hunt
December 13, 2022
Q: We are in the market to buy an industrial building. How concerned should we be with the specific zoning of each property we consider? A: There are a number of concerns in the evaluation of zoning, but the primary one is whether you can lawfully operate your business.
FDT LLP launches condemnation practice group lead by Penighetti
December 13, 2022
Uniondale, NY Forchelli Deegan Terrana LLP (“FDT”) launched a condemnation practice group. Condemnation, or eminent domain, is the taking of private property by the government for public purposes.
CIBS honors 2022 industry annual award recipients
December 13, 2022
Woodbury, N.Y. The Commercial Industrial Brokers Society of Long Island (CIBS) recognized some of the industry’s best at their annual awards ceremony.
Guarino and Flaccomio of ERG Commercial arrange $2.1 million
December 13, 2022
Central Islip, NY ERG Commercial Real Estate, through an affiliate, is funding a $2.1 million refinance loan secured by two commercial strip shopping centers.
N+P/NPV wins at Canstruction LI competition to help local communities
December 13, 2022
Melville, NY Congratulation to Nelson + Pope/Nelson Pope Voorhis (N+P/NPV) for winning Best Use of Labels during their participation in the design build competition for Canstruction Long Island, where firms from the AEC industry compete in designing and building giant incredible structures that are self-supporting and made entirely out of canned food.
American Inv. Properties sells 2 Larkfield Rd. for $1.75 million
December 13, 2022
East Northport, NY American Investment Properties (AIP) sold 2 Larkfield Rd. for $1.75 million. The 10,000 s/f mixed-use building is located next to the Northport train station.
Gleason joins Real Estate Group at Certliman Balin as associate
December 13, 2022
East Meadow, NY Edward Gleason joined the Real Estate Group at Certilman Balin Adler & Hyman, LLP as an associate.
Suffolk IDA preliminarily approves investment for Broadway National LLC
December 13, 2022
Hauppauge, NY The Suffolk County Industrial Development Agency (IDA) has preliminarily approved a transaction to assist Broadway National Group, LLC for the renovation of its existing 65,500 s/f headquarters located at 100 Davids Dr.
Muroff Hospitality Group represents Becksmad Assocs. in $1.2 million sale of 41-45 Picketty Ruff Wa...
December 13, 2022
Sayville, NY Muroff Hospitality Group has sold 41-45 Picketty Ruff Walk, Fire Island for the first time in 60 years! This retail property is located at the entrance to Fire Island Pines, the most exclusive LGBTQ community in the world with several boutiques, a restaurant, a large outdoor swimming pool, cabana, and bar.
Hild joins Farrell Fritz’s Tax Certiorari Group
December 13, 2022
Uniondale, NY Ryan Hild has joined Farrell Fritz as a partner in the tax certiorari group. Hild has extensive experience in the specialized field of real property valuation, appeal and advocacy, on behalf of commercial property owners in all aspects of real property tax litigation and condemnation law.
Checkers Restaurant ground leases for Central Islip and Brentwood Rd.
December 13, 2022
Brentwood, NY Roger Delisle of Island Associates Real Estate Inc. negotiated the long-term ground leases of pad sites for Checkers Restaurants at 7 Wheeler Rd., Central Islip and 1825 Brentwood Rd. Brentwood is about an acre and Central Islip is about half an acre.
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