January 10-23, 2017

Digital Edition

Long Island

Glen Cove, NY After decades of preparation and planning, the $1 billion effort to reclaim city’s waterfront for the community is officially underway as RXR Realty broke ground on the  Garvies Point development. The project is a partnership between RXR Realty and the city. Mayor Reginald Spinello, public officials, business and civic leaders, executives from RXR…Read More

Babylon, NY Retail broker Dennis McCoy, of NAI Long Island, has completed a sale deal for 260 Rte.109. The 12,000 s/f building, situated on 1.48 acres, is a former automotive property that sold for $2.275 million. McCoy represented the seller, 260 Babylon Group, LLC, and the property was acquired by WWP Inc., represented by Bill…Read More

East Yaphank, NY Michelle Marie Zere, executive vice president of Zere Real Estate Services, has sold a 19,800 s/f commercial office building for $1.6 million. The building is situated on 2.26 acres along the Brookhaven Lab Business Corridor located at 1490 William Floyd Pwy. at the LIE Exit 68 off of the Long Island Expressway,…Read More

Q: We have received an offer on our 16,000 s/f industrial building.  What are our next negotiating steps? A:  Fundamental to any successful negotiation is thorough preparation – this is the work that needs to be done before a counter-offer is made.  Entire books have been written about the art of negotiating, and you have…Read More

Farmingville, NY According to Frederick  Braun, III, chairman of the Brookhaven Local Development Corp. (LDC), agency has closed on a $45 million bond financing that will allow the not-for-profit Jefferson’s Ferry life-care community in South Setauket to refinance high-interest rate bonds and begin a planned expansion. Jefferson’s Ferry, sponsored by Mather Health System and officially…Read More

Islip, NY With the introduction of transit oriented developments and similar smart growth projects to the Long Island landscape over the past 20 years, real estate developers have been strategically diversifying Long Island’s housing stock and making room for millennials, aging baby boomers and others desiring alternative housing options. Senior condominiums, providing low-maintenance, high-activity communities…Read More

As insurers look for new and creative ways to limit their potential exposure on policies issued to their insureds, it is important for policyholders to be aware of the details within their insurance contracts. An increasingly popular way in which insurers look to limit their risk within an insurance policy is the use of sublimits….Read More

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Upcoming Events

  1. REBNY Banquet

    January 19 @ 7:00 pm - 10:00 pm
  2. AIA/CES Seminar

    January 26 @ 12:30 pm - 2:00 pm
  3. LIREG Showcase & Cocktails

    January 31 @ 6:30 pm - 9:30 pm