Category: Long Island

Edgewood, NY Cushman & Wakefield and Paramount Properties Group arranged the sale of a 53,600 s/f industrial warehouse facility located at 77 Rodeo Dr. The property was acquired for $13.455 milliion by Uncle Giuseppe’s Marketplace, a specialty grocer with 11 locations in New York

Patchogue, NY John Pacifico of NAI Long Island completed a long-term lease for 3,300 s/f of retail space at 620 Waverly Ave. between the tenant, My Big Fat Cookie and the landlord, 620 Waverly Place, LLC.  This deal marks a major milestone for the brand — this location

As the workplace continues to evolve post-pandemic, the conversation has shifted from whether employees should return to the office to how we can make that return meaningful. While hybrid and remote work remain popular

Melville, NY The Feil Organization negotiated a new lease agreement with Nationwide Mortgage Bankers, Inc. (NMB). NMB will occupy 28,552 s/f office at 1305 Walt Whitman Rd., a class A office property in the town’s business district on Long Island.

Q: Our company is negotiating a long-term lease for a new manufacturing facility. How important is an option to renew or purchase? A: The definition of an option is a provision in an agreement that gives one party the right, but not the obligation, to exercise a right of some kind. This is important to keep in mind when negotiating tenant options in a lease.