Category: Long Island

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
Samanea New York welcomes Empire Adventure Park 35,572 s/f deal negotiated by Colliers, TSCG and Woodmont

Samanea New York welcomes Empire Adventure Park 35,572 s/f deal negotiated by Colliers, TSCG and Woo...

June 1, 2021
Westbury, NY Samanea New York, the new retail, entertainment and dining destination located at 1500 Old Country Rd., has signed a 35,572 s/f lease with
IDA of the Month: Brookhaven IDA & LDC close 8 projects in 2020 with $352m invested, 3,042 jobs created/retained

IDA of the Month: Brookhaven IDA & LDC close 8 projects in 2020 with $352m invested, 3,042 jobs crea...

May 4, 2021
Brookhaven, NY For the Brookhaven Town Industrial Development Agency (IDA) and its Local Development Corp. (LDC), 2020 remained robust, surpassing 2019’s numbers, as
Zere of Zere Real Estate Services closes three leases: 15,500 s/f total

Zere of Zere Real Estate Services closes three leases: 15,500 s/f total

May 4, 2021
Ronkonkoma, NY Michael Zere, senior vice president at Zere Real Estate Services closed three lease transactions totaling 15,500 s/f.
JK Equities receives approval for Roslyn mixed-use development; design by Mojo Stumer Assocs.

JK Equities receives approval for Roslyn mixed-use development; design by Mojo Stumer Assocs.

May 4, 2021
Roslyn, NY Locally-based JK Equities led by father-son duo Jerry and Jordan Karlik, received zoning approval from the Village of Roslyn’s Board of Trustees to construct a mixed-use building at
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