News: Long Island

Kuppersmith and Sullivan of C&W arrange 2,754 s/f long-term lease for Steinway & Sons

Manhasset, NY Cushman & Wakefield arranged a long-term, 2,754 s/f lease for Steinway & Sons, maker of some of the world’s finest pianos, at 1488 Northern Blvd.

Cushman & Wakefield’s Robert Kuppersmith and Connor Sullivan represented the tenant.

“We are thrilled to have found a premier space for Steinway & Sons in this strategically located retail center that offers exceptional visibility along Northern Blvd.,” said Kuppersmith.

1488 Northern Blvd.is a 12,928 s/f retail center that features 65 parking spaces. Additional tenants include Huntington Learning Center and Sandro’s Italian.

The property is located off Northern Blvd., within minutes to the Manhasset and Plandome Commuter Rail Stations. The asset is within a 30-minute drive to La Guardia Airport and John F. Kennedy International Airport.

MORE FROM Long Island

Suffolk County IDA supports expansion of A&Z Pharmaceuticals

Hauppauge, NY The Suffolk County Industrial Development Agency (IDA) has granted preliminary approval of a financial incentive package that will assist a manufacturer in expanding its business by manufacturing more prescription (Rx) pharmaceuticals in addition to its existing over-the-counter
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The evolving relationship of environmental  consultants and the lending community - by Chuck Merritt

The evolving relationship of environmental consultants and the lending community - by Chuck Merritt

When Environmental Site Assessments (ESA) were first part of commercial real estate risk management, it was the lenders driving this requirement. When a borrower wanted a loan on a property, banks would utilize a list of “Approved Consultants” to order the report on both refinances and purchases.