Category: Long Island

BEB Lending surpasses $100m in capital deployed since founding

BEB Lending surpasses $100m in capital deployed since founding

March 8, 2022
Port Washington, NY BEB Lending, an affiliate of BEB Capital, has surpassed $100 million in capital deployed to various commercial real estate
Credit is now a major factor when deciding on a new industrial tenant - by Tod Buckvar

Credit is now a major factor when deciding on a new industrial tenant - by Tod Buckvar

March 8, 2022
Long Island’s industrial market currently has a vacancy rate of 3.6%. As remarkable as this seems it may be even lower. Landlords are becoming more and more
Appraisals vs. Broker Price Opinions: What’s the difference? - by Ron Koenigsberg

Appraisals vs. Broker Price Opinions: What’s the difference? - by Ron Koenigsberg

March 8, 2022
Are you thinking about selling your commercial property? If you answered yes, your first step is finding out the value of your commercial real estate. There are
The ASTM Environmental Site Assessment Standard - by Chuck Merritt

The ASTM Environmental Site Assessment Standard - by Chuck Merritt

March 8, 2022
Recently, ASTM approved the latest version of the phase one Environmental Site Assessment (ESA) standard which will be known as E1527-21. Although it is waiting for final approval from the federal
Deadline to protest property taxes extended - by Brad Cronin & Sean Cronin

Deadline to protest property taxes extended - by Brad Cronin & Sean Cronin

March 8, 2022
In the past two years commercial property owners have had to constantly adapt to various COVID environments while still making long-term decisions for the
Federal Realty plans redevelopment at Huntington Shopping Center

Federal Realty plans redevelopment at Huntington Shopping Center

February 8, 2022
Huntington Station, NY Federal Realty Investment Trust has unveiled a complete redevelopment of Huntington Shopping Center, including the addition of
Lewis of ERG Commercial RE is sole broker in $725,000 sale

Lewis of ERG Commercial RE is sole broker in $725,000 sale

February 8, 2022
Greenvale, NY ERG Commercial Real Estate delivered the sale of a mixed-use two-story building for $725,000. The 4,330 s/f building located at
Metropolitan Realty Associates closes $9.6 million loan with IDB Bank

Metropolitan Realty Associates closes $9.6 million loan with IDB Bank

February 8, 2022
Bayshore, NY According to Joseph Farkas, CEO and founder of Metropolitan Realty Associates LLC, (MRA) the company has closed a $9.6 million loan with
Colliers arranges three leases totaling 13,020 s/f

Colliers arranges three leases totaling 13,020 s/f

February 8, 2022
East Setauket, NY Colliers has secured a 10-year lease for Northwell Health at Stony Brook Technology Center (SBTC). The firm also arranged two additional leases for
Suffolk IDA preliminarily approves transaction for BG May St., LLC

Suffolk IDA preliminarily approves transaction for BG May St., LLC

February 8, 2022
Huntington Station, NY The Suffolk County Industrial Development Agency (IDA) has preliminarily approved a transaction for BG May St., LLC (Blue & Gold Holdings) to invest
Mojo Stumer Associates honored for design of 5Pointz LIC

Mojo Stumer Associates honored for design of 5Pointz LIC

February 8, 2022
Greenvale, NY According to Mojo Stumer Associates, its recently completed project at 5Pointz LIC was recognized as Honoree by Interior Design Magazine for
Hunt Corp. Commercial Real Estate Q&A: Evaluating the buyer - by David Hunt

Hunt Corp. Commercial Real Estate Q&A: Evaluating the buyer - by David Hunt

February 8, 2022
Q: We are selling an industrial building and have multiple offers that are very close. Besides price, how else would you evaluate the offers in making a final decision?