Category: Long Island
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
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
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.
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 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 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
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.
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
Question of the Month: Why do commercial real estate insurance rates continue to rise? - by Jeffrey...
May 4, 2021
Over the past four years, commercial real estate insurance rates have been on an upward trajectory. Perhaps because of the pandemic and more people working from home, the
NY takes next step to transition from LIBOR to SOFR - by Keith Brown and Jerry Lagomarsine
May 4, 2021
New York recently passed into law the Senate Bill 297B/Assembly Bill 164B (the “NY LIBOR Transition Legislation”) to take the next step in transitioning away from
T. Weiss Realty seeing influx of tenants on Long Island from New York City
May 4, 2021
Melville, NY According to Long Island landlord, T. Weiss Realty Corp, it is starting to see an influx of new tenants from New York City.
Gottlieb of Schuckman Realty facilitates two leases at Sunrise Plaza totaling 3,050 s/f
May 4, 2021
Lindenhurst, NY Schuckman Realty has facilitated the leasing of the last two retail spaces available at Sunrise Plaza. 646 Wellwood Ave. was leased to Island Empanada, and
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