Category: Long Island

Suffolk IDA approves incentives for Source One Packaging

Suffolk IDA approves incentives for Source One Packaging

November 11, 2025
Hauppauge, NY The Suffolk County Industrial Development Agency (IDA) has given preliminary approval for a transaction allowing Source One Packaging, a locally-owned distributor and converter of shrink film packaging, to expand its business by adding 16,386 s/f of operations
JLL arranges $47.8m construction loan for The Renatus Group and Declaration Partners - 218,000 s/f project at Quogue Business Park

JLL arranges $47.8m construction loan for The Renatus Group and Declaration Partners - 218,000 s/f p...

November 11, 2025
Quogue, NY JLL capital markets has arranged a $47.8 million construction loan for Quogue Business Park, located at 8 Midhampton Ave. Quogue Business Park is a mixed-use project comprised of two shallow bay industrial buildings and a self-storage facility
Zankel of Core Title Services earns ALTA’s NTP designation

Zankel of Core Title Services earns ALTA’s NTP designation

November 11, 2025
Jericho, NY Andrew Zankel, president and managing partner of Core Title Services LLC, has earned the National Title Professional (NTP) designation from the American Land Title Association (ALTA), the national trade association of the land title insurance industry. Formally
Hunt Corp. Commercial Real Estate Q&A:  What are the advantages of a sale-leaseback? - by David Hunt

Hunt Corp. Commercial Real Estate Q&A: What are the advantages of a sale-leaseback? - by David Hunt...

November 11, 2025
There are several advantages to selling your property to a third party and simultaneously executing a long-term net lease to occupy the building. As you are probably aware, a sale-leaseback is a mechanism that allows you to access the equity that has been locked into your bricks and
Hempstead IDA authorizes benefits for B2K purchase, renovation of The Bristal Assisted Living at Lynbrook

Hempstead IDA authorizes benefits for B2K purchase, renovation of The Bristal Assisted Living at Lyn...

November 11, 2025
Lynbrook, NY Fred Parola, CEO of the town of Hempstead Industrial Development Agency (IDA), said the agency has granted a package of economic development incentives that will aid a developer’s purchase and renovation of an assisted living facility that will
Samanea New York adds Gatsby’s Board Game Café and I.FLY Trapeze

Samanea New York adds Gatsby’s Board Game Café and I.FLY Trapeze

November 11, 2025
Westbury, NY Lesso Mall Development, dba Samanea New York, the new retail, entertainment and dining destination located at 1500 Old Country Rd. added two new tenants set to open soon: Gatsby’s Board Game Café and I.FLY Trapeze. These concepts
BEB Capital exceeds $300m loan origination volume

BEB Capital exceeds $300m loan origination volume

November 11, 2025
Port Washington, NY BEB Credit, the lending affiliate of BEB Capital, has reached and exceeded a milestone of $300 million in loan origination volume. This follows a period of rapid growth for the firm, which has this year welcomed key advisors among its leadership team
Broadhollow Road Hotel and Chartwell Hotels hold ribbon cutting for 143-room residence inn

Broadhollow Road Hotel and Chartwell Hotels hold ribbon cutting for 143-room residence inn

November 11, 2025
Melville, NY Broadhollow Road Hotel, LLC and Chartwell Hotels celebrated the opening of the Residence Inn by Marriott Melville, located at 500 Broadhollow Rd. The four-story, 143-suite hotel blends design with residential-style comfort.
Brookhaven IDA closes on rental senior housing

Brookhaven IDA closes on rental senior housing

November 11, 2025
East Moriches, NY Frederick Braun III, chairman of the town of Brookhaven Industrial Development Agency (IDA) said that the agency has closed on a package of economic incentives for a proposed 70-unit rental senior housing community, to include both affordable
SCALE Lending issues $460 million loan for downtown Miami development

SCALE Lending issues $460 million loan for downtown Miami development

November 11, 2025
Miami, FL SCALE Lending, the debt financing arm of Slate Property Group, has finalized a $460 million cross-collateralized facility for the Namdar Group (Namdar) for two 43-story multifamily buildings located in downtown.
Forchelli Deegan Terrana LLP ranked in Chambers USA New York Spotlight Guide 2026 for Real Estate

Forchelli Deegan Terrana LLP ranked in Chambers USA New York Spotlight Guide 2026 for Real Estate

November 11, 2025
Uniondale, NY Forchelli Deegan Terrana LLP is proud to announce that the firm has been ranked in the Chambers USA New York Spotlight Guide 2026 for its Real Estate practice. This distinguished recognition is especially meaningful, as
Cullen and Dykman LLP welcomes construction and surety litigator Westermann as partner

Cullen and Dykman LLP welcomes construction and surety litigator Westermann as partner

November 5, 2025
Uniondale, NY Cullen and Dykman LLP is pleased to announce that David Westermann, Jr. has joined the firm as a partner in the commercial litigation department, bringing more than four decades of experience handling complex construction