July 19 - August 1, 2016

Digital Edition

Long Island

Smithtown, NY According to commercial real estate services firm The Rochlin Organization, The Smithtown Commons, located at 267/269 Middle Country Rd. is fully leased.  The complex consists of six free-standing buildings within a park-like setting, along Middle Country Rd. Recent lease transactions that brought the complex to full occupancy include Medical Arts Radiology, and The Smilist Management, a…Read More

Melville, NY According to commercial real estate services firm The Rochlin Organization, the firm completed multiple lease transactions totaling 19,730 s/f at 25 Melville Park Rd., owned and operated by real estate developer Philips International.  Melville Corporate Center is a 100,000 s/f office building situated in Suffolk County, located south of the Long Island Expressway at Exit…Read More

Plainview, NY According to Hunt Corporate Services, Inc., Innovative Glass Corp. has leased 12,028 s/f of flex space at 120 Commercial St. John Hoblin, associate broker at Hunt, represented the tenant. Michael Wallace of Atlantic Property Services Inc. represented the landlord. Innovative Glass Corporation was founded in 2003. With their Dynamic Glass products, they marry…Read More

Smithtown, NY An international medical and bio-tech product research, design, and engineering firm, MIDI has opened its new headquarters and Innovation Center in the Village of The Branch. Stalco Construction served as general contractor for the $5 million facility. “We strongly believe in creating growth opportunities for the medical and bio-tech industries on Long Island…Read More

Uniondale, NY The New York Real Estate Journal recently sat down with their Executive of the Month, Daniel Deegan, head of the industrial development agency, municipal incentives and government relations practice at Forchelli, Curto, Deegan, Schwartz, Mineo & Terrana, LLP. Forchelli, Curto, Deegan, Schwartz, Mineo & Terrana, one of Long Island’s leading full service law…Read More

Port Jefferson, NY With the help of the village, TRITEC Real Estate Company celebrated an official groundbreaking for The Shipyard at Port Jeff Harbor on Tuesday the 14th of June. The Shipyard at Port Jeff Harbor, consist of 112 apartment homes, helping revitalize the western gateway into the village. The Shipyard development will continue to…Read More

Wantagh, NY Breslin Realty has completed a long term lease signing with Stewart’s Restaurant at Willow Wood Shoppes. Stewart’s will occupy 3,000 s/f in the shopping center, in the space formerly occupied by Spasso’s Restaurant. Stewart’s Restaurants are classic 1950s style fast-food restaurants with stores across the north-eastern United States. This new location will be…Read More

Great Neck, NY Inbar Mitzman, an associate real estate broker with Daniel Gale Sotheby’s International Realty, has closed a $12.5 million transaction that sold for the full asking price. The 26,000 s/f shopping center at 800 Northern Blvd., consists of six stores anchored by national tenant FedEx, as well as a mix of retail and…Read More

We cannot stress how important it is for Long Islanders to be knowledgeable of the status of our local economy. Evidence of a strong labor market and positive consumer spending support the economic stability and growth of our island. Looking at Long Island’s unemployment rate and employment statistics solidifies this thought. Long Island’s seasonally unadjusted…Read More

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