Deals & Dealmakers
Altice USA move, consolidation drives L.I. office sublease market
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Cable and internet provider Altice USA’s office shuffling in Nassau County headquarters continues to drive up Class A office subleasing availability in Long Island.
Deals & Dealmakers
Generic drug giant eyes consolidation at Rechler warehouse space
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The Town of Brookhaven Industrial Development Agency (IDA) has accepted an economic incentives application from Amneal Pharmaceuticals that will allow
Residential
Long Island housing market posts seventh straight Q2 price hike
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Long Island’s housing market is on a winning streak. According to Douglas Elliman’s latest market report, the median sales price in the peninsula rose by 5.
Deals & Dealmakers
Who’s News: JLL taps Leviton in Long Island, Steptoe hires new lawyer
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JLL has hired David Leviton as managing director and market leader of its Long Island office. David Leviton His responsibilities will include building
Deals & Dealmakers
Selling Points: Spaniards buy Moxy garage, TH Real Estate digs in on Chambers Street
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● Meridian Investment Sales Spaniards scoop up Moxy parking garage Meridian Investment Sales sold the parking garage condominium located in the Moxy Times
Construction & Design
CIBS backs rezoning effort to create Transit Oriented Development
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Doug Omstrom, a former president of the Commercial Industrial Brokers Society of Long Island, told a Westbury Village Board of Trustees hearing that Long
Residential
Have You Heard? Gatsby era mansion hits market on LI Gold Coast
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A Gatsby-era mansion built by petroleum pioneer Charles Pratt and owned by the Rockefellers is being offered for sale. Laurel Hill estate was built by
Deals & Dealmakers
NJ developer buys Newsday headquarters for $54M, plans logistics hub
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A New Jersey real estate company has purchased the Newsday’s Long Island headquarters for $54.5 million. Hartz Mountain bought the 48.3-acre site in Melville
Deals & Dealmakers
Selling Points: JV sells LI office building, Kinsmen buys on Bowery
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● CBRE JV offloans Long Island office building for $69M CBRE announced that Jeffrey Dunne, Steven Bardsley and Travis Langer of CBRE’s Institutional Properties
Retail
Historic speakeasy reopens beneath unassuming Long Island yogurt shop
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Designers studioBIG helped revive a historic speakeasy located in the basement of a yogurt shop in Farmingdale. Charlotte’s Speakeasy on Main Street is
Deals & Dealmakers
The We’re Group pre-leases Cablevision space in Long Island
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The We’re Group, a Long Island-based developer and owner, has preleased over 93 percent of 300 Jericho Quadrangle to multiple tenants. Photo by El Gran
Deals & Dealmakers
iPic to open first Nassau County theater at former Sears store
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Eastern Consolidated’s Brad Cohen and Jon Kamali, exclusive tenant reps for iPic in New York, have arranged a lease for a 348-seat luxury iPic theater