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Long Island Businesses Expand Amid Economic Challenges

Commercial real estate expansion in Long Island

News Summary

Numerous businesses across Long Island are expanding their operations through significant real estate transactions. Notable leases and purchases include a range of sectors such as educational, industrial, healthcare, and retail, indicating resilience and growth despite economic challenges. AJ Tutoring is one of the highlighted companies, entering New York with a new location, while Herc Rentals and other ventures showcase the ongoing development within the commercial real estate landscape. This trend reflects a broader optimism in the local economy.

New York – Numerous businesses across Long Island are expanding their footprints through recent real estate transactions, indicating resilience and growth despite ongoing economic challenges. Notable leases and purchases include a mix of educational, industrial, healthcare, and retail establishments that are moving into new locations to better serve their clients and communities.

Key Transactions

AJ Tutoring, a learning center based in California, has signed a lease for 5,100 square feet of office space at 585 Plandome Road in Manhasset. Founded in 2005 by Aaron Andrikopoulos and Joe Niederman, the company provides tutoring, test preparation, and college admissions counseling. This is part of their strategic expansion into the New York metropolitan area following their acquisition of TestTakers. The new location is currently under construction and is slated to open in the fall.

In a significant industrial move, Herc Rentals has leased a 15,210-square-foot building at 80 Sherwood Ave. in Farmingdale. The facility, which is located on 4.09 acres and includes 7,590 square feet of office space as well as two drive-in bays, marks the company’s relocation from its long-term site at 208 Route 109. Herc Rentals is a subsidiary of Herc Holdings and boasts over 450 locations across the U.S., with reported revenues hitting $3.6 billion in 2024.

New Ventures in Healthcare and Beauty

Judy Bush has purchased a 3,750-square-foot office building at 1512 Broadway, Hewlett, for $1.45 million. The property was handed over vacant, and Bush plans to establish a birthing clinic at this location. This transaction was managed by representatives from American Investment Properties.

In the beauty industry, Angela Guerra Skincare has leased a 1,246-square-foot suite in the Village Greens Professional Building at 124 Main St., Huntington. This new site marks Guerra’s first location in Long Island, complementing her existing practice in Manhattan. The services offered will include Brazilian lymphatic drainage massage and facials, enhancing the area’s wellness offerings.

Retail Developments

In retail news, Hydronic Supply has purchased a 5,132-square-foot building at 2077 Jericho Turnpike in Commack for $1.625 million. The company, which specializes in plumbing, air conditioning, heating, and water heater supplies, is relocating from its current site at 1090 Jericho Turnpike. The newly acquired property was previously home to Acer’s Florist & Garden Center, which closed earlier this year. This move is expected to boost Hydronic’s operations and availability to customers.

Shifting Landscape

These transactions highlight a broader trend within Long Island’s commercial real estate market, as businesses continuously adapt and expand their operations in response to changing market conditions and consumer demands. The influx of diverse businesses signifies a positive trajectory for the local economy, reflecting not only a recovery from recent downturns but also an optimism for the future. With ongoing developments, Long Island remains an attractive destination for both established companies and new ventures.

The landscape of commercial real estate on Long Island is evolving, with adjustments being made in both the industrial and service-oriented sectors. As businesses seek new opportunities and locations, the overall health of the region’s economy appears robust and poised for further growth.

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STAFF HERE NEW YORK WRITER
Author: STAFF HERE NEW YORK WRITER

NEW YORK STAFF WRITER The NEW YORK STAFF WRITER represents the experienced team at HERENewYork.com, your go-to source for actionable local news and information in New York, the five boroughs, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as New York Fashion Week, Macy's Thanksgiving Day Parade, and Tribeca Film Festival. Our coverage extends to key organizations like the Greater New York Chamber of Commerce and United Way of New York, plus leading businesses in finance and media that power the local economy such as JPMorgan Chase, Goldman Sachs, and Bloomberg. As part of the broader HERE network, including HEREBuffalo.com, we provide comprehensive, credible insights into New York's dynamic landscape.

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