News: Long Island

Metro Realty Services handles $1.45m sale; leases 6,000 s/f total

Jeremy Hackett

 

Andrew Blumenthal

 

Nicholas Romano

 

West Babylon, NY Metro Realty Services, LLC completed the following transactions: 

260 Montauk Highway - Bay Shore, NY

Jeremy Hackett and Andrew Blumenthal of Metro Realty Services, LLC sold 11,312 s/f at 260 Montauk Hwy. in Bay Shore. Hackett and Blumenthal represented both the seller, 260 Montauk Management LLC and the buyer, Rebel Realty Corp. The sale price was $1.45 million.

70 Bell Street, Unit B - West Babylon, NY

Nicholas Romano of Metro Realty Services leased 2,000 s/f at 70 Bell St., Unit B in West Babylon. Romano represented the landlord while James Parnes of Schacker Realty represented the tenant, Techson Electronics. Terms of the lease were not disclosed.

45 Jersey Street - West Babylon, NY

Romano leased 4,000 s/f at 45 Jersey St. in West Babylon. Romano represented both the landlord and the tenant, JF Tours Transportation Inc. Terms of the lease were not disclosed.

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.