Category: Long Island

Why should I retain an attorney who concentrates in construction law? - by Andrew Richards

Why should I retain an attorney who concentrates in construction law? - by Andrew Richards

June 1, 2021
“I have a lawyer who handles all of my legal work. Why should I retain an attorney who concentrates in construction law?…” All too often, I am approached by a prospective client to
Flexibility and cost savings for commercial properties post-COVID-19 - by Judy Simoncic and Nathan Jones

Flexibility and cost savings for commercial properties post-COVID-19 - by Judy Simoncic and Nathan J...

June 1, 2021
The COVID-19 pandemic and resulting lockdown restrictions designed to combat it have caused significant changes to the way in which commercial real estate owners and developers assess their
Property taxes should be lessened in recognition of owners’ risks in the COVID tax year - by Brad Cronin and Sean Cronin

Property taxes should be lessened in recognition of owners’ risks in the COVID tax year - by Brad ...

June 1, 2021
On May 19th New York eased many COVID restrictions. While a return to normal operating environment will not occur overnight, this development is unambiguously positive for the real estate industry. However,
When a second opinion in environmental consulting may not be welcomed? - by Chuck Merritt

When a second opinion in environmental consulting may not be welcomed? - by Chuck Merritt

June 1, 2021
Instinctively getting a second opinion on just about anything in life is a good idea. However, consider the following scenario where a professional vendor (i.e. environmental consultant) not involved in the
JLL Hotels & Hospitality handles sale and financing for Allegria Hotel

JLL Hotels & Hospitality handles sale and financing for Allegria Hotel

June 1, 2021
Long Beach, NY JLL Hotels & Hospitality has closed the sale and acquisition financing for the Allegria Hotel, a 156-key luxury, beachfront hotel. According to public record,
Beechwood Organization nears completion of 19 condominiums at The Latch Southampton Village

Beechwood Organization nears completion of 19 condominiums at The Latch Southampton Village

June 1, 2021
Jericho & Southampton Village, NY The Beechwood Organization is nearing completion of 19 luxury condominium homes plus the
Finiki of Largo arranges $13 million loan for self-storage project

Finiki of Largo arranges $13 million loan for self-storage project

June 1, 2021
Port Jefferson, NY Tim Finiki, vice president of originations at Largo, arranged $13 million in financing for the development of an institutional-quality self-storage facility.
IREON, BOMA host NYC Council candidates webinar

IREON, BOMA host NYC Council candidates webinar

June 1, 2021
Westbury, NY IREON and BOMA joined forces to host a 90-minute webinar with three prominent candidates for the 2021 New York City Council elections to hear their views on
Town of Hempstead LDC gives final approval for $45m tax-exempt bond sale

Town of Hempstead LDC gives final approval for $45m tax-exempt bond sale

June 1, 2021
Hempstead, NY According to Frederick Parola, CEO of the Town of Hempstead Local Development Corp. (LDC), the economic development agency has given final approval to a
Hunt Corp. Commercial Real Estate Q&A: Lease enhancement - by David Hunt

Hunt Corp. Commercial Real Estate Q&A: Lease enhancement - by David Hunt

June 1, 2021
Q: We are planning to lease a larger manufacturing facility on Long Island. Our broker says the landlord is going to require “lease enhancement.” What does this mean, and how should it be negotiated?
Hempstead IDA celebrates Amazon agreement for planned warehouse

Hempstead IDA celebrates Amazon agreement for planned warehouse

June 1, 2021
Hempstead, NY According to Hempstead town supervisor Don Clavin Jr., online retailer Amazon Inc. has agreed to lease a planned warehouse that will be
Delight Restaurant Group acquires 44 L.I. Wendy’s from The Wendy’s Co.

Delight Restaurant Group acquires 44 L.I. Wendy’s from The Wendy’s Co.

June 1, 2021
Long Island, NY Delight Restaurant Group completed the acquisition of 44 Wendy’s restaurants on Long Island. As part of the transaction, Delight Restaurant Group plans