Island Associates closes three leases totaling 3,650 s/f

Island Associates Real Estate, Inc. has closed the following three leases totaling 3,650 s/f: • Sprint has leased a 850 s/f of retail space at 385 Sunrise Hwy., West Babylon. Roger Delisle, Suzanne Lopez, and Terence McMahon of Island Associates represented the landlord and tenant. • Transcript Pharmacy, a local pharmacy, has leased 1,800 s/f of retail space within Fulton Plaza, 87-123 Hempstead Tpke, Farmingdale. Delisle and Lopez of Island Associates represented the landlord and tenant. • Special Touch Car Detailing, a car detailing company, has leased a 1,000 s/f of warehouse space at 333 Spur Dr. North in Bay Shore. Lopez and McMahon of Island Associates represented the landlord and tenant in this transaction. Island Associates Real Estate is a commercial real estate brokerage and management firm that provides a full range of services for institutions, investors, developers, retailers and owners of commercial, retail and multifamily properties. The firm has been serving Long Island for the last 26 years.

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Meridian Capital Group arranges 10-year retail lease for Mess at 236 West 10th St.

Manhattan, NY According to Meridian Capital Group, Jordan Langer, Noam Aziz and Carson Shahrabani of the firm’s retail leasing team have arranged a five-year lease at 236 West 10^thSt. in Greenwich Village

Houlihan Lawrence Commercial sells residential development site for $2.1 million

Houlihan Lawrence sells development site for $2.1m

GFP Real Estate signs Knit Illustrated to 4,051 s/f five-year lease at 247 West 37th St.

GFP R.E. signs Knit Illustrated to 4,051 s/f at 247 West 37th St.

The Feil Organization signs 15-year, 46,000 s/f renewal with Thompson Coburn LLP at 488 Madison Ave.

Feil signs 46,000 s/f renewal with Thompson Coburn at 488 Madison Ave.

Cushman & Wakefield arranges 16,051 s/f lease at 125 Broad St. to Harris Trzaskoma, LLP

C&W arranges 16,051 s/f lease at 125 Broad St. to Harris Trzaskoma

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Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent

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