Hauppauge, NY The Suffolk County Industrial Development Agency (IDA) has preliminarily approved a transaction to assist Broadway National Group, LLC for the renovation of its existing 65,500 s/f headquarters located at 100 Davids Dr.
Sayville, NY Muroff Hospitality Group has sold 41-45 Picketty Ruff Walk, Fire Island for the first time in 60 years! This retail property is located at the entrance to Fire Island Pines, the most exclusive LGBTQ community in the world with several boutiques, a restaurant, a large outdoor swimming pool, cabana, and bar.
Uniondale, NY Ryan Hild has joined Farrell Fritz as a partner in the tax certiorari group. Hild has extensive experience in the specialized field of real property valuation, appeal and advocacy, on behalf of commercial property owners in all aspects of real property tax litigation and condemnation law.
Brentwood, NY Roger Delisle of Island Associates Real Estate Inc. negotiated the long-term ground leases of pad sites for Checkers Restaurants at 7 Wheeler Rd., Central Islip and 1825 Brentwood Rd. Brentwood is about an acre and Central Islip is about half an acre.
As 2022 draws to a close, we’ve seen a number of shifts that have changed the real estate landscape. Many of these market changes directly impact property taxes, which in turn, can change an owner’s bottom line considerably.
All too often I am approached by a prospective client to discuss a dispute regarding a project that is either under construction or has been completed where I must inform the prospective client that the contract terms do not support its position.
The phase one Environmental Site Assessment (ESA) has been the de-facto environmental standard providing buyers of commercial real estate with protection offered within the Comprehensive Environmental Recovery Liability Act (CERCLA) law of 1980.
Ronkonkoma, NY RC Commercial Partners, the commercial division of Realty Connect USA, brokered the sale of an office property at 5018 Express Dr. South. The transaction amount was $1.6 million. The Ronkonkoma Business Center is a 100% leased 13,000 s/f office property
Melville, NY The Commercial Industrial Brokers Society of Long Island (CIBS), one of the region’s largest real estate advocacy organizations, hosted a panel discussion last week that examined the “Future of the Office Workplace.”