Category: Long Island
Prevailing wage law for IDA projects goes into effect on Jan. 1, 2022 - by John Gordon
December 14, 2021
Starting January 1, 2022, certain construction projects receiving tax benefits as a result of the involvement of an IDA must pay prevailing wage.
Rising inflation should reduce property taxes, not increase them - by Brad Cronin and Sean Cronin
December 14, 2021
Among the many fears that come with rising inflation is a concern that inflation will be another factor that will increase property taxes. However, if analyzed properly,
Which commercial real estate sector closed fastest on Long Island from 2010-2020? - by Ron Koenigsbe...
December 14, 2021
Long Island’s commercial real estate market has seen many changes over the last decade. Changes include the emergence of urgent care centers and multifamily developments,
Rochlin, Berkowitz and Rochlin of The Rochlin Org. arrange $25 million
December 14, 2021
Melville, NY According to the Rochlin Organization, Valley East Properties has acquired 400 Post Ave. in Westbury, and 255 Executive Dr. in Plainview from
Silber Investment Properties completes $4.344 million sale
December 14, 2021
North Bellmore, NY According to Silber Investment Properties, a 7-11 located at 1714 Newbridge Rd., has sold. The sale price was $4.344 million.
Zere Real Estate Services brokers $439,000 sale and leases 4,100 s/f
December 14, 2021
Ronkonkoma, NY A 2,345 s/f professional commercial office condominium at 3555 Veterans Memorial Hwy., Unit D, within The Lakeland Office Condominium Complex
Feil Org. handles eight leases for Northwell Health: 32,413 s/f
December 14, 2021
Lake Success, NY According to The Feil Organization, Northwell Health renewed eight leases totaling 32,413 s/f for an additional 10 years at
Nassau County IDA approves $85.2 million investment
December 14, 2021
Mineola, NY The Nassau County Industrial Development Agency (NCIDA) has approved transactions for 281-301 Warner Ave LLC, Lumber Road Roslyn LLC and Terwilliger & Bartone Properties LLC to
Mayor and Densen of Island Assocs. broker $380,000
December 14, 2021
Bohemia, NY Christopher Mayor and Lawrence Densen of Island Associates Real Estate completed the sale of 4571 Sunrise Hwy. for $380,000.
Racanelli Construction Co. serves as GC for $5.1 million project
December 14, 2021
East Setauket, NY Racanelli Construction Company, Inc., a leading construction management, general contractor and design/build resource for
Hunt Corp. Commercial Real Estate Q&A: Buy or lease? - by David Hunt
December 14, 2021
Q: Everyone seems to think that we should buy, not lease, our next building. What is the best way to make this decision?? A: While every case is different, there are certain
JLL Capital Markets closes $136m multi-housing portfolio
December 14, 2021
West Hempstead & Hempstead, NY JLL Capital Markets closed the $136 million sale of a multi-housing portfolio consisting of two class A communities totaling
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