Category: Long Island

From coronavirus to the Fed’s latest rate cut, comm’l. real estate investors must remain proactive - by Nicholas Racanelli

From coronavirus to the Fed’s latest rate cut, comm’l. real estate investors must remain proacti...

May 5, 2020
The opening line from the Charles Dickens novel, A Tale of Two Cities, “It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness…” comes to mind in how
Real property transfers prior to filing a mechanic’s lien and a contractor’s recourse under the lien law - by Andrew Richards and Giulia Escobar

Real property transfers prior to filing a mechanic’s lien and a contractor’s recourse under the ...

May 5, 2020
Generally speaking, pursuant to New York Lien Law §10, a mechanic’s lien can be filed at any time during construction and within eight months after the last day work is performed at the project.
COVID-19 may provide real estate taxpayers another chance to reduce taxes - by John Terrana and Gabriella Botticelli

COVID-19 may provide real estate taxpayers another chance to reduce taxes - by John Terrana and Gabr...

May 5, 2020
New York property owners who routinely challenge their real estate taxes are probably familiar with the three-year moratorium that applies in many tax certiorari settlements.
Nassau County LEAC to assist Kellenberg HS $10.2 million bond sale

Nassau County LEAC to assist Kellenberg HS $10.2 million bond sale

May 5, 2020
Uniondale, NY According to Richard Kessel, chairman of the Nassau County Local Economic Assistance Corp., (LEAC) the agency has given preliminary approval of $10.2 million in bond financing to
LIREG presents two local charities with emergency grants

LIREG presents two local charities with emergency grants

May 5, 2020
Westbury, NY LIREG co-presidents Sean Cronin and Allison Brennan awarded emergency grants to two Long Island charities.
Hunt Corp. Commercial Real Estate Q&A: Dual agency - by David Hunt

Hunt Corp. Commercial Real Estate Q&A: Dual agency - by David Hunt

May 5, 2020
Q: We are in the process of hiring an exclusive broker to represent us in leasing office space for our new corporate headquarters. He mentioned the possibility of dual agency in handling this assignment.  What is dual agency and how would it affect us?
Nassau County IDA gives preliminary approval for economic development incentives

Nassau County IDA gives preliminary approval for economic development incentives

May 5, 2020
Mineola, NY According to Richard Kessel, chairman of the Nassau County Industrial Development Agency (IDA), the agency’s board has given preliminary approval to a package of
Meridian Capital Group arranges $2.325m financing for Westhampton Beach Beehive Bungalows

Meridian Capital Group arranges $2.325m financing for Westhampton Beach Beehive Bungalows

April 30, 2020
Westhampton Beach, NY Meridian Capital Group arranged $2.325 million in acquisition financing for the purchase and repositioning of The Beehive Bungalows on behalf of First Dunes Development, the coastal development division of Chatham Development Co.
COVID-19 may provide RE taxpayers another chance to reduce taxes - by John Terrana and Gabriella Botticelli

COVID-19 may provide RE taxpayers another chance to reduce taxes - by John Terrana and Gabriella Bot...

April 13, 2020
New York property owners who routinely challenge their real estate taxes are probably familiar with the three-year moratorium that applies in many tax certiorari settlements. In all of New York State, excluding Nassau County and New York City, unless
Canzoneri and Mancini of Five Point Real Estate handle $2.7 million sale

Canzoneri and Mancini of Five Point Real Estate handle $2.7 million sale

April 7, 2020
St. James, NY Five Point Real Estate completed the sale of 417 North Country Rd., a free-standing Starbucks net lease investment property. The location, originally a former People’s Bank that had closed with two years remaining on their lease,
Hunt named executive vice president and  president-elect of Suffolk County Council BSA

Hunt named executive vice president and president-elect of Suffolk County Council BSA

April 7, 2020
Plainview, NY According to Hunt Corporate Services, Inc., David Hunt, president of Hunt, was named executive vice president of Suffolk County Council, Boy Scouts of America (BSA) at their annual business meeting.
Commercial Classroom: Cold calling - What do you say when you get the decision maker on the phone? - by Ed Smith

Commercial Classroom: Cold calling - What do you say when you get the decision maker on the phone? -...

April 7, 2020
Cold Calling: What do you say when you get the Decision Maker on the phone? Last month we discussed getting past the “gatekeeper.” Now you have. You are being connected to the Decision Maker