Category: Long Island

Aziz launches Ash Property Advisors

Aziz launches Ash Property Advisors

July 8, 2025

Great Neck, NY After a decade leading acquisitions at Klosed Properties, Shawn Aziz has launched Ash Property Advisors, a boutique commercial real estate brokerage focused on trust, transparency, and long-term relationships.

Residential agents thinking about doing commercial transactions...You don't know what you don't know! - by Edward Smith Jr.

Residential agents thinking about doing commercial transactions...You don't know what you don't know...

July 8, 2025
You can’t just dabble in commercial and investment properties; you need to know what you are doing. Unfortunately, we see some residential agents trying to service a commercial real estate opportunity without being properly trained.
Suffolk IDA approves Project Patriot: Orbic Electronics to launch advanced electronics manufacturing hub

Suffolk IDA approves Project Patriot: Orbic Electronics to launch advanced electronics manufacturing...

July 8, 2025
Hauppauge, NY The Suffolk County Industrial Development Agency (IDA) has approved a major investment to support Orbic Electronics Manufacturing LLC in launching “Project Patriot,” a bold initiative to return high-tech electronics manufacturing to Suffolk County.
Brookhaven IDA closes on incentives pact enabling biotech firm to purchase 10,000 s/f in Bellport

Brookhaven IDA closes on incentives pact enabling biotech firm to purchase 10,000 s/f in Bellport

July 8, 2025
Bellport, NY Frederick Braun III, chairman of the town of Brookhaven Industrial Development Agency (IDA) said that the IDA has closed on a package of economic incentives that will allow a biotechnology company in Stony Brook University’s Long Island High Tech Incubator (LIHTI) to buy and equip an
Mason Tech. to establish global headquarters at 395 Oser Ave.

Mason Tech. to establish global headquarters at 395 Oser Ave.

July 8, 2025
Hauppauge, NY Mason Technologies Inc. plans to establish a new global headquarters at 395 Oser Ave. This $20.8 million expansion project is anticipated to retain 237 current Suffolk County jobs and create an additional 25 new positions, bringing the company’s local workforce to 262.
JLL secures $140m refinancing for TRITEC’s <br>418-unit Shoregate apartment development

JLL secures $140m refinancing for TRITEC’s
418-unit Shoregate apartment development

July 8, 2025

Bay Shore, NY JLL Capital Markets arranged $140 million to refinance the Shoregate, a newly-built, 418-unit multi-housing development located at 143 4th Ave.

CIBS-LI presents Shwom of Schacker Real Estate with “Most  Ingenious Deal of the Year” award

CIBS-LI presents Shwom of Schacker Real Estate with “Most Ingenious Deal of the Year” award

July 8, 2025

Melville, NY The Commercial Industrial Brokers Society of Long Island (CIBS-LI) presented the 2024 “Most Ingenious Deal of the Year” award to Philip Shwom, SIOR, CCIM, president of Schacker Real Estate Corp., for his leadership in securing Antech Diagnostics’ lease of 87,864 s/f at 195 N. Broadway in Hicksville.

Successfully challenged your taxes?  Don’t forget about the exceptions - by Robert Renda and Lauren Smith

Successfully challenged your taxes? Don’t forget about the exceptions - by Robert Renda and Laure...

July 8, 2025

It is no secret that New York State, and Long Island in particular, has some of the highest property taxes in the country. As a result, the majority of property owners on Long Island challenge their real estate tax assessments annually. In most taxing jurisdictions on Long Island, the real estate tax assessment

HIA-LI and Long Island Economic Development Task Force spotlight South Bay Village project

HIA-LI and Long Island Economic Development Task Force spotlight South Bay Village project

July 8, 2025

Hauppauge, NY HIA-LI’s Economic Development Task Force held an exclusive “The Process and The Project” presentation highlighting the proposed South Bay Village project from Rechler Equity Partners. The event brought together regional business leaders, elected officials, and community stakeholders to discuss the vision for the shuttered Island Hills Golf Course in Sayville.

Sterling Equities completes construction <br>of 1,000 unit CubeSmart Self-Storage

Sterling Equities completes construction
of 1,000 unit CubeSmart Self-Storage

June 10, 2025
Farmingdale, NY Sterling Equities, (Sterling), a fully-integrated investment firm with holdings in real estate, media and sports, announced the completion and grand opening of a newly built three-story self-storage facility located at 505 Bi-County Blvd.  The new
Barbuto of Stellar Rose <br>Group sells 1,850 s/f

Barbuto of Stellar Rose
Group sells 1,850 s/f

June 10, 2025
Melville, NY Stellar Rose Group Inc. negotiated the sale of a 1,850 s/f building at 89 Ruland Rd. The sales price was $830,000. Joseph Barbuto, MBA, of Stellar Rose Group, represented both the seller and buyer as the real estate broker.
BRP Companies celebrates completion of <br>The Arboretum at Farmingville

BRP Companies celebrates completion of
The Arboretum at Farmingville

June 10, 2025
Farmingville, NY BRP Companies celebrated the grand opening of the remaining units of the Arboretum at Farmingville, a 491,000 s/f, 292-unit, garden-style, residential community located at 20 Maple Ln. within the town of Brookhaven.