News Archive
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PC Richard to double up in Farmingdale
Friday, June 17th, 2005As Seen in Long Island Business News June 17, 2005 by DAWN WOTAPKA HARDESTY FARMINGDALE – As it competes with national appliance sellers claiming more and more Long Island turf, homegrown appliance chain PC Richard & Son is poised to increase its warehouse space by more than a quarter. The company is negotiating to acquire […]
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Online fragrance firm picks up new space for growing inventory
Friday, May 13th, 2005As Seen in Long Island Business News May 13, 2005 by DAWN WOTAPKA HARDESTY FragranceNet.com used to eschew inventory. Now it’s embracing it. That’s a dramatic shift for the Hauppauge-based Web retailer, which got its start buying from suppliers only when orders were placed. But now it’s getting some of its roughly 8,000 different perfumes, […]
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Hauppauge Acreage Sells for $3.1M
Friday, November 26th, 2004As Seen in Long Island Business News November 26, 2004 By NICK ANASTASI Staff Writer The largest remaining parcel of undeveloped land in the Hauppauge Industrial Park has sold for $3.1 million – and the buyer plans on placing an office property on the site. Real estate experts familiar with the site said the land […]
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Rechler Equity leases more than 500,000 s/f in portfolio
Tuesday, July 13th, 2004As Seen in Long Island Real Estate Journal Volume 16/ Issue 14/ July 13, 2004 Melville, NY – Rechler Equity Partners, one of Long Island’s largest owners of industrial real estate, has completed 20 industrial lease transactions in just the first half of 2004, comprising more than 500,000 s/f within its 5.9 million s/f industrial […]
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Back Home and Learning the Territory
Saturday, May 15th, 2004As Seen in Newsday May, 2004 By Alan J. Wax Staff Writer David Katzman grew up in Baldwin. He’s spent the past few weeks learning about the region where he spent his youth. A Manhattan resident, Katzman recently joined the Long Island office of Newmark & Co. Real Estate, where he is launching a move […]
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Ashlind Properties in several Industrial space transactions
Friday, April 30th, 2004As Seen in Long Island Business News April 30, 2004 By NICK ANASTASI Staff Writer Ashlind Properties was involved in a group of industrial transactions amounting to more than 130,000 square feet of commercial space. Those transactions included getting Century Technology released from its lease obligation at 350 Wireless Road, a 70,000 square-foot facility at […]
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Where is Hauppauge?
Monday, March 15th, 2004As Seen in On Long Island March 2004 Geographically, the 1,400-acre Hauppauge Industrial Park is located in the center of Long Island, about 45 miles from Manhattan. That’s about a one hour drive on the Long Island Expressway. The Park area straddles two townships – Smithtown and Islip. Although most of the Park lies within […]
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Ashlind Properties Closes 71.42% of all Suffolk County SBA deals
Monday, February 9th, 2004As Seen in Crain’s New York Business Small Business Special Report February 9, 2004 Ashlind Properties closed 5 out of 25 of the Largest Small Business Administration Guaranteed Loans in the New York District, which includes New York City and Dutchess, Nassau, Orange, Putnam, Suffolk, Sullivan, Ulster and Westchester counties, for the fiscal year ending […]
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Island Recreational buys ELM Global warehouse
Friday, December 12th, 2003As Seen in Long Island Business News December 12, 2003 By NICK ANASTASI Staff Writer DEER PARK – In a move that will boost its warehouse operations, fast-growing Island Recreational has acquired 910 Grand Blvd. from ELM Global Logistics for $4.6 million. The facility, also known as 15 West Jefryn Blvd., where it also has […]
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Taking Stock in Rent Negotiations
Monday, September 29th, 2003As Seen in Newsday September 29, 2003 By Alan J. Wax Staff Writer With its revenues falling and its work force slashed by half, Sentry Technology Corp. earlier this year no longer could afford to pay the rent on its Hauppauge headquarters. The manufacturer of video surveillance equipment and anti-shoplifting devices also couldn’t afford to […]