Category: Long Island

Marcus & Millichap closes nine-property mixed-use portfolio sale for $34.35 million

Marcus & Millichap closes nine-property mixed-use portfolio sale for $34.35 million

June 10, 2025
Montauk, NY Marcus & Millichap brokered the $34.35 million sale of Gosman’s Dock, a 48,145 s/f, nine-property mixed-use commercial real estate portfolio on 11.6 acres.
Southern Land Co. reaches major leasing milestone at Florent

Southern Land Co. reaches major leasing milestone at Florent

June 10, 2025
Garden City, NY According to Southern Land Company (SLC), a national real estate developer and community management company, Florent, its new luxury rental community, is 55% leased, less than five months after opening its doors – despite launching in the
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...

June 10, 2025
A: From your brief description of your company, you sound like an excellent candidate for many economic development programs, from low-cost financing to tax abatement and energy savings. Why are towns, counties and states willing to provide these incentives? Businesses
Levin Mgmt. adds Gap Factory store to Mayfair Shopping Center

Levin Mgmt. adds Gap Factory store to Mayfair Shopping Center

June 10, 2025
Commack, NY A new Gap Factory store is coming to Mayfair Shopping Center, as Levin Management Corp. (LMC) adds another brand in its focused retenanting effort at the Jericho Tpke. retail property. The commitment from this retailer continues a strong leasing run at the
Tantone joins Twomey, Latham, Shea, Kelley, Dubin & Quartararo as associate attorney

Tantone joins Twomey, Latham, Shea, Kelley, Dubin & Quartararo as associate attorney

June 10, 2025
Riverhead, NY Nicholas Tantone has joined the law firm of Twomey, Latham, Shea, Kelley, Dubin & Quartararo, LLP as associate attorney. He concentrates his practice in commercial litigation, specifically in the construction and real property
Metro Realty Services negotiates three leases

Metro Realty Services negotiates three leases

June 10, 2025
West Babylon, NY Metro Realty Services, LLC brokered three lease transactions.Michael Pisciotta and Jeremy Hackett of Metro Realty Services, LLC leased 1,600 s/f at 92 Dale St. Unit E to Flavour Mingle. Pisciotta and
Rosner of NAI Long Island facilitates 8,900 s/f lease

Rosner of NAI Long Island facilitates 8,900 s/f lease

June 10, 2025
Nesconset, NY NAI Long Island disclosed that Lee Rosner, CCIM SIOR facilitated a long-term lease for 8,900 s/f of medical office space at 57-61 Southern Blvd. on behalf of the landlord, Southern Boulevard Professional Park Corp. The tenant, Stony Brook Community
Schroder & Strom name Spellman as new associate attorney and Forzaglia promoted to partner

Schroder & Strom name Spellman as new associate attorney and Forzaglia promoted to partner

June 10, 2025
Garden City, NY Schroder & Strom, LLP welcomes Michael Spellman as an associate attorney following his admission to the New York State Bar. Spellman earned his J.D. from Touro Law School and his B.S. from the University of Maryland.
Commercial classroom:  Branding me - the local commercial real estate expert - by Edward Smith Jr.

Commercial classroom: Branding me - the local commercial real estate expert - by Edward Smith Jr.

June 10, 2025
You market your listed properties; but what are you doing to promote yourself? Self-promotion is essential if you want to build your business. You need to tell people you are in the commercial real estate business, that you are a professional and the local market expert.
The benefits of biophilic design:  Bringing nature into our built environment - by Diana Lillo

The benefits of biophilic design: Bringing nature into our built environment - by Diana Lillo

June 10, 2025
From urban parks to residential homes, the principles of biophilic design are being adopted at an increasing rate, with corporations like Google and Amazon integrating biophilic elements into their office designs, in turn, prioritizing the health and happiness of their employees. Public
Are buyers opting to conduct phase 2 environmental investigations, and skipping the phase 1 step? - by Chuck Merritt

Are buyers opting to conduct phase 2 environmental investigations, and skipping the phase 1 step? - ...

June 10, 2025
When the American Society of Testing Materials (ASTM) first issued an environmental standard in 1994, the main phrase utilized to determine if additional investigation (phase 2) was needed was “obvious signs of contamination”. Since this can be a subjective statement (like many
Tariffs and property taxes on Long Island - by Brad and Sean Cronin

Tariffs and property taxes on Long Island - by Brad and Sean Cronin

June 10, 2025
Tariffs have far-reaching implications beyond international trade. On Long Island, the imposition of tariffs on imported materials has begun to ripple through the commercial real estate sector, influencing costs, property values, and, consequently, property taxes.