Gary Friedman Profiled in Long Island Business News Who’s Who in Commercial Real Estate 2023

Gary E. Friedman is executive vice president and partner at Schacker Realty in Melville. A licensed real estate broker and instructor, Friedman has completed more than 160 industrial, office, laboratory and redevelopment transactions with diverse companies such as Frito Lay, LSC Development and Polygen Pharmaceuticals. Friedman is also an adjunct assistant professor at Hofstra, where…

THIS WEEK IN LONG ISLAND BUSINESS NEWS: SCHACKER REAL ESTATE TRANSACTION

1 Comac Loop, Ronkonkoma Reliant Court Services leased 4,000 square feet of office space at 1 Comac Loop in Ronkonkoma. Anthony Filipelli and Ralph Perna of Schacker Realty represented the tenant, while landlord Milvado Property Group was self-represented in the lease transaction.https://libn.com/2023/03/23/inked-recent-li-real-estate-deals-247/

THIS WEEK IN LONG ISLAND BUSINESS NEWS: SCHACKER REAL ESTATE TRANSACTION

Food Distributor Expands with $6.3M Hauppauge Acquisition Galil Foods, an importer and distributor of gourmet foods, is expanding in Hauppauge.  The family-owned company purchased the 30,000-square-foot industrial building on 3.3 acres at 21 Newton Place for $6.3 million.  Galil plans to expand the building’s footprint to 50,000 square feet and raise the roof to create…

THIS WEEK IN LONG ISLAND BUSINESS NEWS: SCHACKER REAL ESTATE TRANSACTIONS

50 N. Industry Court, Deer Park     Quest Floors, a concrete contractor, leased 2,800 square feet of industrial space at 50 N. Industry Court in Deer Park. Anthony Filipelli of Schacker Realty represented the tenant, while landlord Dorf Properties was self-represented in the lease transaction.https://libn.com/2023/03/02/inked-recent-li-real-estate-deals-245/ 269 Eastern Parkway, Farmingdale Phizzi, Inc., a maker and distributor of…

LONG ISLAND INDUSTRIAL, WAREHOUSE, AND MANUFACTURING PROPERTY MARKET TRENDS FOR MAR 2023

Presented by Schacker Realty 631-293-3700www.schackerrealty.com Average Listing Sale Price/Sq. Ft. Sq. Ft. Mar 2019 Mar 2021 Mar 2023 4-yr Change 2-yr Change 4k-10k 189.41 205.71 246.64 30.2% 19.9% 10k-30k 165.60 175.36 238.48 44.0% 36.0% 30k-70k 146.81 151.28 201.98 37.6% 33.5% 70k-999k 164.63 175.05 189.71 15.2% 8.4% Average Listing Rent/Sq. Ft. (Including RE Taxes) Sq. Ft.…

THIS WEEK IN LONG ISLAND BUSINESS NEWS: SCHACKER REAL ESTATE TRANSACTIONS

697 Acorn St., Deer Park Northeastern Cleaning & Restoration leased 3,000 square feet of industrial space at 697 Acorn St. in Deer Park. James Parnes and Michael Parnes of Schacker Realty represented the tenant, while Jeremy Hackett of Metro Realty Services represented the landlord, NYH Acorn LLC, in the lease transaction. 1 Arnold Drive, Huntington…

THIS WEEK IN LONG ISLAND BUSINESS NEWS: SCHACKER REAL ESTATE TRANSACTION

Distributor Expands with Huntington Leasehttps://libn.com/2023/02/01/distributor-expands-with-huntington-lease/ Metro Commodities, a re-packer and distributor of dry edible beans and grains, is expanding.  The company leased 56,972 square feet of industrial space at 1 Arnold Drive in Huntington.  Metro Commodities has been operating out of another location on South Broadway in Hicksville but will be relocating to the larger Huntington…

THIS WEEK IN LONG ISLAND BUSINESS NEWS: SCHACKER REAL EASTATE TRANSACTIONS

100 Broadhollow Road, Farmingdale South Shore Association for Independent Living leased 2,178 square feet of office space at 100 Broadhollow Road in Farmingdale. Anthony Filipelli and James Parnes of Schacker Realty represented the tenant, while landlord Fairfield Properties was self-represented in the lease transaction.https://libn.com/2023/01/19/inked-recent-li-real-estate-deals-239/