Holtsville, NY A fourth-generation family-owned, custom metal-fabricating business will expand in Holtsville after the Town of Brookhaven Industrial Development Agency (IDA) closed on a package of economic
North Bellmore, NY Fred Parola, CEO of the Town of Hempstead Industrial Development Agency (IDA) said the agency granted final approval to a package of economic development incentives that will assist a developer in constructing apartments for 55 and older renters on the site of a former synagogue.
Franklin Square, NY Island Associates has completed the sale of an 8,388 s/f retail property located at 636 Hempstead Tpke., formerly home to Movin’ On Sounds, for a purchase price of $2 million.
When purchasing any real estate, one of the most critical items to research is the environmental condition of the property. There are several critical reasons that a comprehensive environmental report must be done, not the least of which is the fact that nearly every lender will mandate such a report.
Amityville, NY Metro Realty Services, LLC sold two mixed-use/industrial properties for $4 million. Michael Pisciotta of Metro Realty sold 4,400 s/f at 39 Maple Pl. to 39 Maple Place LLC for $1.2 million. Rosemarie Bozza of
East Meadow, NY At the annual meeting & holiday party, the Commercial Industrial Brokers Society of Long Island (CIBS) recognized leading professionals who have made significant contributions to the region’s commercial real estate community. The celebration brought together members, colleagues, and friends to honor excellence,
This is the conversation consultants and clients buying commercial real estate are having on a regular basis. As I have stated in previous articles, the Phase 1 Environmental Site Assessment (ESA) is a roadmap to understanding what environmental concerns may be presented as part of the due diligence
When New York permanently adopted the 2% property tax cap more than a decade ago, many owners hoped it would finally end the relentless climb in tax bills. But in the last couple of years, that “cap” has started to look more like a speed bump. Property owners are seeing taxes increase even when an