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Tag: hauppauge ny

  • Inked: Long Island commercial real estate sales and leases | Long Island Business News

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    520 Franklin Ave., Garden City

    Larry Good MD leased 1,305 square feet of at 520 Franklin Ave. in Garden City. Dillan Morris-Timoney of Industry One Realty represented the tenant, while Matthew Kucker of Colliers represented the landlord, 520 Franklin Avenue Owner LLC, in the lease transaction.

     

    675 Hempstead Turnpike, Franklin Square

    Manhasset-based Hermes Management LLC purchased a 2,456-square-foot building on .28 acres at 675 Hempstead Turnpike in Franklin Square for $3.75 million. The property is leased to Citizens Bank. The sale price equates to a 5.28 percent cap rate. Hermes Management also acquired a 2,500-square-foot building on .80 acres at 820 Bloomfield Ave. in West Caldwell, N.J. for $3.5 million. That property is also leased to Citizens Bank and the sale price equates to a 5 percent cap rate. Anne Chang of JadeStone Real Estate Consulting represented the buyer, while Dylan Silber of Silber Investment Properties represented the seller, Manzo-Doren Organization LLC, in the Franklin Square and West Caldwell sales transactions.

     

    205 Brookville Ave., Islip

    Contracting firm Dussan, Inc. leased a 5,200-square-foot industrial building on .51 acres at 205 Brookville Ave. in Islip. The building, which features 20-foot ceilings in its warehouse, was formerly occupied by All State Roofing. Jesse Najjar of JNRE Leasing Corp. represented the tenant, while Roger Delisle and Robert Monahan of Island Associates Real Estate represented the landlord, 205 Brookville Ave. LLC, in the lease transaction.

     

    1825 Brentwood Ave., Brentwood

    Robin’s Barbershop leased 2,200 square feet of space in the Brent City shopping center at 1825 Brentwood Road in Brentwood. Bob Raffa of Island Associates Real Estate represented the tenant, as well as the landlord, 1825 Brentwood Road Associates LLC, in the lease transaction.

     

    590 Oak St., Copiague

    188 Long Island LLC, an affiliate of Wellwood Cabinetry, purchased the 32,578-square-foot industrial building on 1.5 acres at 590 Oak St. in Copiague for $5.5 million. Wellwood, a custom cabinet maker and assembler, is relocating from 11,107-square-foot building at 910 N. Wellwood Ave. in Lindenhurst. Luca Perinuzzi and Ralph Perna of Schacker Realty represented the buyer, as well as the seller, 590 Oak Family Limited Partnership, in the sales transaction. The brokers are also marketing for Wellwood’s Lindenhurst property for sale.

     

    45 Ranick Road, Hauppauge

    Fulfillment Plus, a third-party logistics company, leased 56,500 square feet of industrial space at 45 Ranick Road in Hauppauge, consolidating and expanding from about 20,000 square feet it occupied at 25 Andrea Road in Holbrook. Fulfillment Plus is also looking to sublease the 50,000 square feet it has at 889 Waverly Ave. in Holbrook, with plans to expand further and eventually lease the entire 125,147-square-foot building on 8.73 acres at 45 Ranick Road, according to a broker on the deal. Fulfillment Plus provides order fulfillment, inventory storage and management, returns processing, subscriptions and custom packaging and syncing with major online platforms like , Walmart, Shopify and others, according to its website. Joshua Cohen and Kyle Burkhardt of Newmark represented Fulfillment Plus, as well as the landlord, SRE 45 Ranick Road LLC, an affiliate of Sterling Investors, in the Hauppauge lease transaction.

     

    2040 Express Drive South, Hauppauge

    Dealer Tire renewed its lease for 72,920 square feet of industrial space at 2040 Express Drive South in Hauppauge. Joshua Cohen and Kyle Burkhardt of Newmark represented the tenant, as well as the landlord, N&G Realty Co., in the lease transaction.


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    David Winzelberg

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  • LI movers rescue mom scammed by moving broker | Long Island Business News

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    Two Long Island moving companies came to the rescue of a recently widowed mother of two special needs children after she was scammed by a moving broker. 

    Joanne Bogovich returned to Long Island from California less than a year ago with her husband, who died in June after battling cancer. Bogovich, who was living in Stony Brook, planned to move within the same school district and hired what she thought was a reputable moving company. However, it turned out she had only hired a broker who charged her $3,500 in advance and then outsourced the job to a New Jersey-based company. 

    The moving company then demanded an additional $3,500 before starting the move, refused to provide a confirmed schedule and ignored her requests for a refund. 

    After reading a book called “Nobody Move (Without Reading This)” by Robert Esposito, the owner of Hauppauge-based moving firm , Bogovich called the company. Hearing about her plight, Esposito teamed with industry colleague John Beyer, owner of , and the two firms jumped in to help. 

    “When I heard Joanne’s story and situation, it was clear she was being scammed,” Esposito said in a written statement. “It is despicable for a moving company to attempt to take advantage of a mother of two special needs children who recently lost her husband. I immediately offered to help and called my friend and moving industry colleague John Beyer from Men On The Move to work with my team to move Joanne at no cost.” 

    Beyer was also moved by Bogovich’s story. 

    “I know how challenging it is to raise and care for children with special needs,” he said. “I immediately offered to send a team and truck to be part of this effort.” 

    Bogovich and her children are now settled in their new home in . 

    “I was looking for information, but what I received was truly a miracle,” Bogovich said in the statement. “Rob offered to move me at no cost and intervened with the company that was scamming me. If it were not for Relocators and Men On The Move, I don’t know what I would have done. My children and I are forever grateful.” 


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    David Winzelberg

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  • Gemini Pharma getting IDA aid for $13.9M Suffolk expansion | Long Island Business News

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    has been granted preliminary approval from the Industrial Development Agency for financial incentives that will assist with $13.9 million in renovations to four properties. 

    The 43-year-old family-owned manufacturer of over-the-counter pharmaceutical, nutraceutical and animal products is planning infrastructure improvements and other upgrades that aim to expand its operations. 

    The projects include repurposing underutilized office space to create about 4,000 square feet of R&D and support space at 65 Mall Drive in Commack; replacing an aging 5,500-gallon wastewater tank with a direct municipal sewer connection at 55 Adams Ave. in Hauppauge; enhancements to the company’s manufacturing facility at 81 Modular Drive in Commack; and renovations of its corporate headquarters at 87 Modular Ave. in Commack, according to Gemini’s IDA application. 

    “This project not only strengthens Gemini Pharmaceuticals’ future but also fuels the continued growth of Suffolk County’s already robust pharmaceutical industry,” Kelly Murphy, executive director of the Suffolk IDA, said in an agency statement. “By supporting strategic investments like this, we’re ensuring that Suffolk remains a hub for innovation, high-quality jobs, and long-term economic vitality.” 

    The project is expected to retain 256 jobs and create an additional 50 jobs over the next two years. It is projected to be completed in 2027. 

    “We are truly grateful for the support of the Suffolk County IDA,” Michael Finamore, CEO of Gemini Pharmaceuticals, said in the statement. “This project would not be possible without their partnership. With this investment, we can upgrade our facilities, expand our capabilities, and continue to provide stable, high-quality jobs here in Suffolk County.” 


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    David Winzelberg

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