Category: Long Island
American Investment Properties exclusively sells six-unit retail in North Bellmore for $1.075 millio...
April 12, 2022
North Bellmore, NY American Investment Properties retained the exclusive listing agreement to sell a fully leased six-unit retail property at
DASNY issues $30.7 million financing to support Oceanside Library construction
April 12, 2022
Oceanside, NY According to Reuben McDaniel III, president & CEO of The Dormitory Authority of the State of New York (DASNY), DASNY has issued
Hunt Corp. Commercial Real Estate Q&A: Lease Escalations - by David Hunt
April 12, 2022
Q: What is a fair rent increase in a commercial lease? My firm is negotiating a lease on an industrial building, and the landlord is asking for a 4% escalation every year. Is there a standard rent increase for industrial leases?
Densen and Mayor of Island Associates broker $515,000 sale with Karp of Coldwell Banker
April 12, 2022
Lake Grove, NY Lawrence Densen and Chris Mayor of Island Associates Real Estate, a Smithtown-based commercial real estate broker and developers,
Kleinberg and Staudigel of Tri-State Properties handle $4.975 million sale
April 12, 2022
Wading River, NY Ron Kleinberg and Dale Staudigel, co-presidents of Tri-State Properties, brokered the sale of The North Wind Professional Park located at
ACRES Capital originates $34 million loan for The Rose at Great Neck; design by Mojo Stumer Associat...
April 12, 2022
Great Neck, NY ACRES Capital Corp., with its subsidiaries, (ACRES) a leading commercial real estate middle-market lender, has originated a $34 million loan to
Commercial Classroom: “Options” in commercial real estate - by Ed Smith
April 12, 2022
A lease may be written for a specific term and have an option for the tenant to extend the lease term for an additional period, or periods of time (i.e. the term of the
Storage Post Self Storage purchases 4-property portfolio totaling 370,000 s/f
April 12, 2022
Garden City, NY According to Storage Post Self Storage, it has completed the acquisition of a four-property self-storage portfolio in the
Zere of Zere Real Estate Services honored by Queens Village Republican Club
April 12, 2022
Ronkonkoma, NY Marie Zere, president and CEO of Zere Real Estate Services received the “Business Woman of the Year” award for
EW Howell Construction Group unveils new executive leadership
April 12, 2022
Plainview, NY According to EW Howell Construction Group, one of the region’s leading builders, Daniel Williams has been appointed
Core Title Services welcomes Slive
April 12, 2022
Lake Success, NY Core Title Services, a real estate title company, welcomed Mike Slive to its leadership team as senior vice president and underwriting counsel.
Krieger named president of Long Island Builders Institute
April 12, 2022
Islandia, NY The Long Island Builders Institute (LIBI) named a new roster of officers and board members, including Steven Krieger of Engel Burman as president.
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