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
Many attorneys operating within the construction space are familiar with the provisions of New York Lien Law, which allow for the discharge of a Mechanic’s Lien in the event the lienor does not commence an action to enforce following the service of a “Section 59 Demand”.
East Setauket, NY According to TRITEC Real Estate Company, Northwell Primary Care has expanded it’s space at 3 Technology Dr., located within the Stony Brook Technology Center, a 103-acre medical and office park developed by TRITEC.
Uniondale, NY According to Forchelli Deegan Terrana LLP, Bret McCabe, a partner in the firm’s Construction and Litigation practice groups, was recently elected to serve as vice president of the North Shore Coalition
Patchogue, NY The Nord Development Group and ACRE broke ground on their Carriage House Luxury Homes project October 27. The groundbreaking ceremony celebrated the beginning of a project that is set to revitalize a formerly dilapidated
Medford, NY Jeremy Hackett and Mark Timpone of Metro Realty Services, LLC negotiated four sales transactions totaling 16,000 s/f and .68 acres for a total of $7.3538 million. Hackett and Timpone sold 6,000 s/f at 79 Cedarhurst Ave. to One Stop Metro
Uniondale, NY Damianos Realty Group LLC has acquired 50 Charles Lindbergh Blvd., a multi-tenanted office building located in Nassau County’s business corridor. This purchase marks a milestone in Damianos Realty Group’s expansion throughout the Long Island
Hempstead, NY Fred Parola, CEO of the town of Hempstead Industrial Development Agency, said that the IDA has given preliminary approval to economic development incentives to a developer planning to build apartments on a parking lot in downtown.