Category: Long Island
Building the future together: P.W. Grosser Consulting’s newest hires
October 14, 2025
Bohemia, NY P.W. Grosser Consulting (PWGC) introduced eight new team members who are helping build the future together. From environmental stewardship to engineering innovation, the newest hires bring fresh perspectives, diverse expertise, and a shared passion for making an impact. Their addition strengthens PWGC's ability
Cronheim Mortgage secures $15.95 million permanent
loan for Riverhead Medical Office Park
October 14, 2025
Riverhead, NY Cronheim Mortgage has secured $15.95 million of financing for the acquisition of a medical office park. Andrew Stewart and Brandon Szwalbenest of Cronheim Mortgage, in conjunction with Gregg Singer of Singer Financial, placed the financing with one of Cronheim
Green Acres Mall renovations moving forward
October 14, 2025
Valley Stream, NY Green Acres Mall, one of the largest projects undertaken by the Town of Hempstead Industrial Development Agency (IDA), is moving forward with new construction and new leases, efforts that will boost employment in the shopping center.
The Commercial Classroom: Planning - It’s all about the numbers - by Edward Smith Jr.
October 14, 2025
As you head towards the end of the year it’s time to reflect on how you did with our business goals for 2025. Did you fulfill your business plan and accomplish your goals? If your answer is yes, you had a great year. Or if no, a new question, why not? Self-assessment is not easy but
Hunt Corp. Commercial Real Estate Q&A: Lease enhancements - by David Hunt
October 14, 2025
Question: 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?
The State Environmental Quality Review Act 2025 (SEQRA) proposed amendments - by Taylor Gonzalez
October 14, 2025
The State Environmental Quality Review Act, commonly referred to as SEQRA, is a state law that requires government agencies to assess the potential environmental, social, and economic impacts of a project to ensure balance and to protect the environment. In early 2025, the New York State Department of
Falling STAR: Why exemptions may shrink in 2026 - by Jeremy May
October 14, 2025
The School Tax Relief program, better known as STAR, has been part of New York’s property tax landscape for decades. Enacted by governor George Pataki in 1997, it was originally structured to reduce school tax bills directly through a partial exemption of assessed
Island Associates and Avison Young lease 7,500 s/f to NYU Grossman at Strathmore Commons
October 14, 2025
Middle Island, NY In August NYU Grossman had their grand opening at their new 7,500 s/f medical space at Strathmore Commons. NYU spent the last year building-out their space which is being used for general practice and cardiology patients.
TRITEC Real Estate Co. hires O’Leary as chief financial officer
October 14, 2025
Ronkonkoma, NY TRITEC Real Estate Company appointed Michael O’Leary as chief financial officer (CFO). In his role, O’Leary will oversee TRITEC’s financial strategy, planning, and operations, further strengthening the company’s leadership team as it continues
CIBS donates $6,400 to Long Island Cares in support of hunger relief
October 14, 2025
Melville, NY The Commercial Industrial Brokers Society of Long Island (CIBS) made a donation of $6,400 to Long Island Cares, Inc. – The Harry Chapin Regional Food Bank, supporting the organization’s ongoing mission to provide food and resources to individuals and
Suffolk IDA grants new benefits to 402,450 s/f The Ferncliff Hotel
September 30, 2025
Melville, NY The Suffolk County Industrial Development Agency (IDA) has approved amended financial assistance for 125 Spagnoli LLC, an affiliate of The Beechwood Organization, to support a $50 million increase in the total investment for The Ferncliff Hotel,
Hackett of Metro Realty Services sells 3,000 s/f for $875,000
September 30, 2025
West Babylon, NY Jeremy Hackett of Metro Realty Services, LLC sold 3,000 s/f at 400 Columbus Ave. to D&W Columbus LLC for $875,000. Hackett represented both the seller, estate of Raymond Pawloski, and the buyer.
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