“This strategic plan is nothing like I have ever seen or been a part of,” Grasso related.
Smith, an Associate Broker with Rand Commercial, will be celebrated at the Ottaway Medal Dinner on Thursday, May 7, 2026, at Villa Venezia in Middletown.
Some observers had written off the project as dead back in June when the Town of Wawayanda’s Zoning Board of Appeals voted unanimously (4-0) to reject a needed height variance for the Amazon project.
The transaction involved a more than 50,000-square-foot state of the art bus / transportation facility on 16.9+/-acres sold to Realterm.
Paul Adler, Esq., SIOR and Samuel Adler were recently awarded the Economic Development Award by the Hudson Valley Chapter of the New York State Commercial Association of Realtors for the successful transaction they brokered in connection with the sale of 400 Corporate Court in Valley Cottage.
The transaction involved a more than 50,000-square-foot state of the art bus / transportation facility on 16.9+/-acres sold to Realterm; a company that owns and manages transportation real estate and infrastructure assets that serve land, air, sea and rail networks across the world. The property traded for $11.8 million, according to a report in the Rockland County Business Journal.
“After 45+ years in the commercial real estate business, I am most proud of this deal for what it will bring to the local and New York State economy and humbled to share this award with my son Sam.” said Paul Adler Chief Strategy Officer of Rand Commercial
The sale of this property set an economic price record for Rockland County @ $257-per-square-foot, which will add almost $300,000 to the tax rolls and add 75 jobs to the local economy, Rand Commercial officials stated.
“This strategic plan is nothing like I have ever seen or been a part of,” Grasso related.
Smith, an Associate Broker with Rand Commercial, will be celebrated at the Ottaway Medal Dinner on Thursday, May 7, 2026, at Villa Venezia in Middletown.
Some observers had written off the project as dead back in June when the Town of Wawayanda’s Zoning Board of Appeals voted unanimously (4-0) to reject a needed height variance for the Amazon project.
Like the autumn leaves, consumer sentiment is falling across New York and the nation as persistent economic headwinds have consumers feeling the pressure coming out of the summer season.
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