February 2 - 15, 2016

Digital Edition

Long Island

Q: We are in the process of hiring an exclusive broker to represent us leasing office space for a new corporate headquarters. He mentioned the possibility of dual agency in handling this assignment. What is dual agency and how would it affect us? A: Quoting from the N.Y. Dept. of State, “Dual agency arises when…Read More

Lynbrook, NY Pliskin Realty & Development’s sales associate Michael DiBella has completed a five-year lease for a 1,460 s/f office space located at 303 E. Merrick Rd.  DiBella represented the new tenant, Greystone Marketing, Inc., a business loan provider. The landlord, 303 Merrick, LLC, was represented by David Sargoy of Brown Harris Stevens, Commercial Real…Read More

Oceanside, NY Meridian Capital Group negotiated $5.1 million in permanent financing to refinance the Brooke Plaza shopping center. The five-year loan was provided by a regional balance sheet lender and features a rate of 3.59%. This transaction was negotiated by Meridian Capital Group associate, David Oheb, and vice president, David Hayum, who are both based…Read More

Ronkonkoma, NY 2015 proved to be an active year in commercial leasing for Michael Zere, executive vice president of Zere Real Estate Services. In the 4th quarter of the year there was an influx of activity totaling 80,800 s/f. Zere’s office leases include: Bauer Construction, 1,000 s/f, Bohemia; Pestpro Exterminating Inc., 1,000 s/f, Bohemia; Men…Read More

Farmingdale, NY The Brookhaven Industrial Development Agency (IDA) had a good year in 2015 and officials of the economic development agency expect 2016 to be significantly better. The agency closed on 13 economic development projects – which included affordable, residential apartments throughout the town, senior housing projects in Holtsville and Patchogue and the adaptive re-use of…Read More

Levittown, NY Continuing in their spirit of helping those in need Atlantic Agency Insurance and Risk Management participated with Big Brothers Big Sisters of Long Island. In addition to providing a cash donation, president Jeff Leibowitz chaired the 4th Annual Charity Motorcycle Run “Cruising for Kids Safe,” leading riders on a run from Levittown to Greenport. The run raised funds…Read More

Greenvale, NY According to Mojo Stumer Associates (MSA), their financial controller, Lisa Gross has been made a senior associate at the firm. For many years Gross has been an integral part of their office and of all their financial systems. MSA also promoted Jessica Licalzi and Joe Yacobellis to new associates. Licalzi has provided modern,…Read More

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Upcoming Events

  1. AREAA NY Lunar Celebration

    February 18 @ 6:00 pm - 9:00 pm
  2. LIBOR Education

    February 19 @ 9:00 am - 5:30 pm
  3. NY Building Congress Breakfast

    March 3 @ 8:00 am