Category: Long Island

Cohen of Ashlind Properties handles $3.5 million sale

Cohen of Ashlind Properties handles $3.5 million sale

March 2, 2021
Farmingdale, NY Richard Cohen, president of Ashlind Properties, an industrial/commercial realtor, has completed a sales transaction for Ideal Furniture Outlet, for
Commercial Classroom: Situation critical - by Edward Smith

Commercial Classroom: Situation critical - by Edward Smith

March 2, 2021
Time is running out for the Hospitality and the Airline industries. The COVID-19 Pandemic has devastated those industries. Nationally, according to the American Hotel and Lodging Association, as of November, 2020, 57,180 hotels in the U.S. have closed and they predict
Urban Edge Properties acquires 1.2 million s/f Sunrise Mall in Massapequa from Unibail-Rodamco-Westfield

Urban Edge Properties acquires 1.2 million s/f Sunrise Mall in Massapequa from Unibail-Rodamco-Westf...

February 2, 2021
Massapequa, NY Urban Edge Properties has acquired Sunrise Mall from Unibail-Rodamco-Westfield for $29.7 million plus up to $6 million of additional contingent consideration. The property encompasses 1.2 million s/f
Parker joins Sahn  Ward PLLC as partner

Parker joins Sahn Ward PLLC as partner

February 2, 2021
Uniondale, NY According to Sahn Ward PLLC, John Parker has joined the firm as a partner. He will lead the firm’s Environmental, Energy and Resources Practice Group.
Ashlind Properties facilitates sale of 90,000 s/f in Bohemia for $14.4m

Ashlind Properties facilitates sale of 90,000 s/f in Bohemia for $14.4m

February 2, 2021
Bohemia, NY
According to Richard Cohen, president of Ashlind Properties, less than two months from inspecting the facility to closing on December 30th, 2020, North Atlantic Industries Inc. was able to purchase
Nassau County IDA  approves deal with Kravet

Nassau County IDA approves deal with Kravet

February 2, 2021
Mineola, NY The Nassau County Industrial Development Agency has approved a transaction which will keep Kravet Inc. in Nassau County and commits them to a $16 million investment for the acquisition, which includes
Terwilliger & Bartone commits to habitat restoration and stormwater management as essential elements in all projects; supported by SMPIL Consulting, Ltd.

Terwilliger & Bartone commits to habitat restoration and stormwater management as essential elements...

February 2, 2021
Farmingdale, NY Terwilliger & Bartone Properties, a LI-based builder of luxury rental communities, has committed to habitat restoration and stormwater management as essential elements in all their projects.
Stonegate Real Estate exclusively brokers three deals totaling $2.737m

Stonegate Real Estate exclusively brokers three deals totaling $2.737m

February 2, 2021
Valley Stream, NY Stonegate Real Estate completed the following transactions: • 99 4th St., Valley Stream sold for $930,000. Robert Heicklen of Stonegate handled this transaction acting as exclusive agent.
Hunt Corp. Commercial Real Estate Q&A: Seven steps for maximizing economic benefits - by David Hunt

Hunt Corp. Commercial Real Estate Q&A: Seven steps for maximizing economic benefits - by David Hunt

February 2, 2021
Q: Our company is a 30-year-old engineering and production company and we definitely need to expand in the next couple of years. As we consider our real estate needs, we are also trying
Cushman & Wakefield arranges 10,064 s/f lease for Northwell Health

Cushman & Wakefield arranges 10,064 s/f lease for Northwell Health

February 2, 2021
Huntington, NY Cushman & Wakefield arranged a long-term, 10,064 s/f lease for Northwell Health at 400 Park Ave., a planned one-story medical office development near Huntington Hospital. 
Great American Brokerage handles 6,000 s/f lease

Great American Brokerage handles 6,000 s/f lease

February 2, 2021
Smithtown, NY According to Paul Fetscher, president of Great American Brokerage, the firm completed a long term lease of a 6,000 s/f restaurant to Osteria Umbra. The chef/owner is Marco Pellegrini, accompanied by his wife,
Weiss of T. Weiss Realty brokers 1,392 s/f with Macchia of MGM Islandwide

Weiss of T. Weiss Realty brokers 1,392 s/f with Macchia of MGM Islandwide

February 2, 2021
Melville, NY According to T. Weiss Realty Corp., a family-owned developer, landlord and manager of commercial real estate, a local law firm is relocating to its Melville Corporate Center I.