Category: Long Island

Grassi signs 41,000 s/f lease renewal at 50 Jericho Quadrangle

Grassi signs 41,000 s/f lease renewal at 50 Jericho Quadrangle

June 9, 2026
Jericho, NY Cushman & Wakefield arranged a 41,000 s/f office lease renewal on Long Island, marking the largest office recommitment signed in the market thus far in 2026. Grassi, a leading advisory, tax and
Hunt commercial real estate question and answer: Lease escalations - by David Hunt

Hunt commercial real estate question and answer: Lease escalations - by David Hunt

June 9, 2026
Q: What is a fair rent increase in a commercial lease? My firm is negotiating a lease on an industrial building, and the landlord is asking for a 4% escalation every year. Is there a standard rent increase for industrial leases?  A: There are no standard or published lease escalations. Escalation terms are essentially whatever two parties can agree upon. An alphabet soup of rent escalators was common in the past,
Island Assocs. negotiates 1,133 s/f long-term lease for Dunkin with drive-thru; assists developer

Island Assocs. negotiates 1,133 s/f long-term lease for Dunkin with drive-thru; assists developer

June 9, 2026
Bethpage, NY Island Associates negotiated a new development of a ground-up free standing 1,133 s/f Dunkin with a drive-thru at 420 N. Wantagh Ave. with a long-term lease term
TRITEC Real Estate Company promotes Law to principal

TRITEC Real Estate Company promotes Law to principal

June 5, 2026
Ronkonkoma, NY TRITEC Real Estate Company has promoted Kevin Law to principal, recognizing his contributions to the firm and his leadership across both the private and public
Lotito of Forchelli Deegan Terrana appointed to the executive leadership team for the American Heart Association Go Red for Women campaign

Lotito of Forchelli Deegan Terrana appointed to the executive leadership team for the American Heart...

June 3, 2026
Uniondale, NY Forchelli Deegan Terrana LLP said that Lindsay Mesh Lotito, a partner in the banking & finance, cannabis and real estate practice groups, was
Mason Technologies breaks ground on new $30 million corporate headquarters

Mason Technologies breaks ground on new $30 million corporate headquarters

June 3, 2026
Smithtown, NY Mason Technologies, a national leader in low-voltage technology integration specializing in structured cabling, audiovisual systems, data centers, and unified security solutions, celebrated the groundbreaking of its future corporate headquarters in the Long Island Innovation Park at Hauppauge.
Passing of prominent partner and former managing partner Howard M. Stein

Passing of prominent partner and former managing partner Howard M. Stein

June 2, 2026
East Meadow, NY It is with profound sadness that Certilman Balin announces the passing of Howard M. Stein, the former managing partner, esteemed
Forchelli Deegan Terrana LLP celebrates 50 years of growth, leadership and service

Forchelli Deegan Terrana LLP celebrates 50 years of growth, leadership and service

June 1, 2026
Uniondale, NY Forchelli Deegan Terrana LLP (FDT) is celebrating its 50th anniversary, marking five decades of growth, leadership, and commitment to clients and the Long Island community.
Forchelli Deegan Terrana chairman and co-managing partner Jeffrey Forchelli honored with Doctor of Humane Letters from Wagner College

Forchelli Deegan Terrana chairman and co-managing partner Jeffrey Forchelli honored with Doctor of H...

June 1, 2026
Uniondale, NY Jeffrey Forchelli, chairman and co-managing partner of Forchelli Deegan Terrana LLP, was awarded a Doctor of Humane Letters (L.H.D.) by Wagner College during its 2026 commencement ceremony.
H2M celebrates grand opening of U.S. Merchant Marine Academy’s new Memorial Pavilion

H2M celebrates grand opening of U.S. Merchant Marine Academy’s new Memorial Pavilion

May 29, 2026
Kings Point, NY The United States Merchant Marine Academy (USMMA), its Alumni Association & Foundation (AAF), and consulting design firm H2M architects + engineers (H2M) celebrated the grand opening and
McCarthy joins Forchelli Deegan Terrana LLP as a partner

McCarthy joins Forchelli Deegan Terrana LLP as a partner

May 26, 2026
Huntington, NY Jeffrey Forchelli and John Terrana, co-managing partners of Forchelli Deegan Terrana LLP (FDT) made known that Michael McCarthy, a Huntington native with a local reputation, and his staff, have joined
From vacancy to vitality: How adaptive reuse is reshaping Long Island’s CRE landscape - by Andrea Tsoukalas Curto

From vacancy to vitality: How adaptive reuse is reshaping Long Island’s CRE landscape - by Andrea ...

May 26, 2026
Adaptive reuse has become one of the most important conversations in commercial real estate today. Long Island has a large inventory of aging retail, office and industrial
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