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Denver firm buying Northrop Grumman site in Bethpage for $51.2M | Long Island Business News

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Denver firm buying Northrop Grumman site in Bethpage for $51.2M | Long Island Business News


Prologis, a Denver-based developer of logistics amenities, is in contract to purchase property owned by Northrop Grumman for $51.2 million. 

The customer plans to construct a 239,070-square-foot warehouse and distribution complicated on the 17-acre Bethpage web site, which is at the moment occupied by two workplace buildings totaling 218,000 sq. ft and a ten,893-square-foot former steam plant that might be demolished. 

Northrop Grumman, which as soon as employed 27,000 individuals on Lengthy Island, has been shrinking its as soon as sprawling footprint in Bethpage for the final couple of a long time. Most of the West Falls Church, Va.-based aerospace agency’s former property right here has been redeveloped for warehousing and distribution amenities and different gentle manufacturing makes use of. 

In Nov. 2021, the corporate employed JLL to market this newest piece of its property, the majority of which is situated at 600 Grumman Street West. 

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The sale value of about $3 million an acre matches the high-water mark for latest gross sales of business property on Lengthy Island, together with the 15 acres bought for $45 million final summer season by Brookfield Asset Administration on New South Street in Hicksville, situated a stone’s throw from the Bethpage web site that Northrop Grumman is promoting. 

Prologis has utilized to the Nassau County Industrial Growth Company for financial incentives to help in its deliberate $106 million Bethpage redevelopment mission. The corporate has requested the IDA for a 20-year payment-in-lieu-of-taxes settlement, in addition to gross sales and mortgage tax exemptions. Legal professional Dan Deegan of Forchelli Deegan Terrana is representing Prologis in its request for advantages, in keeping with the IDA software. 

Prologis nonetheless must safe approvals from the City of Oyster Bay for the Bethpage mission, for which the developer hopes to start building in Might 2023 and expects to finish within the spring of 2024. 

The JLL staff representing Northrop Grumman within the sale contains Jose Cruz, Marc Duval, Andrew Scandalios and Jordan Avanzato. The brokers declined to touch upon the pending deal.   





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Denver, CO

Long Live the King – The Denver Nuggets and Kentavious Caldwell-Pope come to a crossroads – DNVR Sports

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Long Live the King – The Denver Nuggets and Kentavious Caldwell-Pope come to a crossroads – DNVR Sports


“The King is dead. Long live the King!”
– first proclaimed in 1422, as Britain’s Charles VII succeeded Charles VI

I remember the moment the Denver Broncos won their first Super Bowl. Colorado’s first major championship had barely preceded the Broncos big win, but to have the state’s sport darlings finally atop the heap and igniting their fanbase was a moment frozen in time in the memory of this Broncos fan.

At least I thought it would be frozen.

It was a scant two days after the Super Bowl victory that the local sports voices started questioning the Broncos chances for the following year, and weeks before the team started all of its offseason planning. A few months later, draftees and all rookies are starting to prep for the season, and training camp is right behind. The moment that was supposed to be frozen in my memory was a great one, but it had melted away into the next year with the speed of a snowman in St. Augustine. Wham-bam-thank-you-Shanahan, and all of a sudden we were right back to what have you done for me lately?

It was eye opening, to say the least. In retrospect, I’m not sure why I expected they would cease all NFL operations the moment the right team had finally won it all, but hey… no one said reality was my strong suit. Through my protestations, the league decided to keep making money.

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Never was the speed and brevity of a Championship offseason more painful for one Colorado sports fan than the 114 days that went between the Denver Nuggets winning it all a year and a couple weeks ago and their early October Training Camp. A heady summer flew by, and just three and a half months later. my team that finally had their ring had to go back and try to do it all over again. It hardly seemed like enough time to savor it, especially missing faces that had been so crucial just a few months prior.

But yet another season rolls along, and for this brief moment in Nuggets history, it’s unsure that all five pieces of the Nuggets Championship starting five will be back next year. Kentavious Caldwell-Pope has declined the player option year of his deal, and will deservedly take his two championship rings out to what sounds to be a hot market for his services. If that number climbs to a level too high for Denver to feel good about matching and still being able to compete with… well…

Nuggets GM Calvin Booth was actually pretty direct and clear on the subject, both praising KCP and lamenting the possibility, but also praising and setting forth the metrics behind last year’s sixth man Christian Braun. While all of what’s still to come here is out in the ether, Nuggets Nation is alight with opinions ranging from “all is lost” to “we’ll be fine”. But the memory of a KCP who said he wanted to be a “Nugget forever” in a postgame interview after one the last home games of last season would feel like a pretty sudden and huge vacuum in Nuggets space should he suddenly just be gone. One more piece of a memory that feels like it was just a few hundred days ago… right?

Avs fans feel that championship phantom limb, just one more year removed. Hell, even a Boston sports fan has to occasionally feel the pain of going without a championship… right? Yesterday was your ring, today is your parade, and tomorrow is right back to what have you done for me lately?

Knowing the wheel is spinning right back around, maybe you even take the moments to savor the journey when you got close, or even when you got a little bit further than the time before. One of these years, even the Rockies will hang a banner up at Coors Field, and a few months down the road, the Yankees and Dodgers will just be favorites all over again. If you’ve got a moment to savor in the mix, do it while you’ve got it. Whether KCP is back this next year or not, that clock is ticking, right alongside all the rest. The shooting guard is dead. Long live the shooting guard.

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Denver Nuggets very active on day 2 of the NBA Draft

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Denver Nuggets very active on day 2 of the NBA Draft


The Nuggets did not have a pick in the 2nd round of the NBA draft on Thursday, after trading the pick to the Phoenix Suns on Wednesday so they could draft DaRon Holmes in the 1st round.

But that didn’t stop the Nuggets from making headlines.

They traded backup point guard Reggie Jackson and three future second-round picks to the Charlotte Hornets in return for cash considerations.

The move saves the Nuggets about $5.25 million dollars against the salary cap and gives them some financial freedom moving into free agency on Sunday.

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Jackson, the Colorado native, played in every game last season averaging just over 10 points a game.

The Nuggets also signed two undrafted free agents on Thursday. Creighton’s Trey Alexander and Clemson’s PJ Hall received two-way contracts. Hall averaged 18.3 points and 6.4 rebounds per game for the Tigers last season. Alexander led Creighton with 17.6 points, 5.7 rebounds and 4.7 assists per game.

Denver Nuggets

Nuggets trade up for Dayton big man DaRon Holmes II: Get to know the pick

9:14 PM, Jun 26, 2024

Also, Nuggets guard Kentavious Caldwell-Pope made it official on Thursday. He is declining his $15.4 million player contract option for next season and will test the free agent waters. The Nuggets will make an offer to keep their starting guard, but he is expected to get numerous offers on the open market and it may be financially impossible for the Nuggets to match. General Manager Calvin Booth told us on Wednesday that the team is ready for whatever happens.

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“We can try to bring him back, and if he doesn’t want to come back or opts to go somewhere else, that’s his prerogative,” said Booth. “But I think we’re prepared to plug and play, so to speak. I think if Christian Braun has to step into the starting lineup, I think we’ll be OK, if KCP doesn’t return.”

The Nuggets are also working on a new max contract extension for starting guard Jamal Murray. The new deal will be for 4 years and $209 million dollars. Murray is expected to sign the deal. He and Nikola Jokic are the two most important pieces of the Nuggets championship puzzle.






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It's a bird, it's a plane — it's a rare aircraft designed specifically for bulky loads

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It's a bird, it's a plane — it's a rare aircraft designed specifically for bulky loads


DENVER (KDVR) — Denver International Airport visitors might have seen a big surprise on one of the airport’s runways Tuesday as one of the world’s largest aircrafts touched down.

There are only 26 Antonov An-124 Ruslan planes in commercial service across the globe. One of them had a job that led it from Milan, Italy, to Goose Bay, Canada, to finally Denver International Airport in the span of a day, according to FlightAware.

According to DIA, the plane’s special load was a helicopter, which fits easily inside the massive plane. The four-engine plane has a cargo compartment that’s 20% larger than the main cargo compartment of the C-5 Galaxy, which is a large military transport plane that can carry “a payload of … up to five helicopters,” according to the manufacturer.

This particular plane model was designed in the early 1980s, according to Antonov, a Ukrainian company that manufactures the planes. The An-124 Ruslan was originally designed as a Soviet heavy strategic military transport craft, capable of carrying up to 150 tons of cargo.

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The plane type then transitioned into the commercial transportation market, which is how it’s used today. As seen in the photos, the aircraft’s noses can be raised to accommodate large, inflexible loads, such as military vehicles or helicopters, as was this case. According to the aircraft manufacturer, the plane also has a “kneeling” function to allow for easier loading.

While details on where the plane is headed are unknown, aviation geeks were quick to point out the massive bird at DIA on Tuesday.

Notably, the plane type has been used to set approximately 30 world records, according to Antonov. These include an absolute payload-to-altitude record and a world record for distance flown without refueling.

The plane’s surprise appearance at DIA was noted by many aviation experts, so keep an eye out if you’re headed to the airport for July 4 or any other trip — You never know what you might see on the runway.



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