Monthly Archives: September 2018

Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Sep 2018

Presented by Schacker Realty¬† 631-293-3700 www.schackerrealty.com .   Average Listing Price/Sq. Ft. Sq. Ft. Sep 2016 Sep 2017 Sep 2018 2-year Change 1-year Change 4k-10k $166.11 $199.74 $200.76 20.9% 0.5% 11k-30k $132.54 $176.60 $222.20 67.7% 25.8% 31k-70k $98.19 $140.96 $144.94 47.6% 2.8% 71k-600k $120.94 $131.56 $130.05 7.5% -1.1% .   Average Listing Rent/Sq. Ft. (including…

The Menschy Side of the Wolkoff Clan, Which Has Upset the Apple Cart in Queens and LI

In an article in the Commercial Observer dated September 11, 2018 profiling landlord and developer Gerald Wolkoff, Schacker’s Phil Shwom reflects on his long-time association with and representation of Gerald Wolkoff in various commercial leasing deals throughout Long Island. Read more… https://commercialobserver.com/2018/09/profile-of-jerry-david-adam-wolkoff-5pointz-heartland-town-square/  

This Week in Long Island Business News: Schacker Real Estate Transaction

486 Sunrise Highway, Rockville Centre Tzell Travel Group leased 3,802 square feet of office space at 486 Sunrise Highway in Rockville Centre. James Parnes of Schacker Realty represented the tenant, while Edward Fitzsimmons of Edward Fitzsimmons & Associates represented landlord BCA & Associates in the lease transaction. https://libn.com/2018/09/04/inked-recent-li-real-estate-deals-100/