December 04,2018 Woodbury, NY Ron Koenigsberg, CCIM, president of American Investment Properties, has completed the $1.675 million sale of 136 Woodbury Rd. The property is located near the LIRR Cold Spring Harbor Station, making it a great property for commuting. Built in 1977, the 8,856 s/f office building is situated on 1.57 acres. Koenigsberg represented both the buyer [...]
November 06, 2018 The rate that helps determine rates for variable-rate consumer loans such as mortgages, auto loans, credit cards and other consumer borrowing has risen once again. On Wednesday, September 26th, the Federal Reserve raised its key short-term interest rate by a quarter point for the third time in 2018. Policymakers under chairman Jerome Powell [...]
Interest Rates continue to rise with the Federal Reserve’s recent rate hike, the third this year. The Fed has also signaled that there could be yet another hike before the end of the year. Of course these hikes mean that it will cost more to borrow. However, there are six advantages and positive outcomes from [...]
The economic outlook on the United States remains positive with business investments, unemployment, and more performing well.
Have a look at Long Island's CRE market report and stay updated on the changes in retail, office, and industrial in Q3 2018.
The Federal Reserve hiked the funds rate again on September 26th, 2018. Read more about how this move is expected to stimulate the economy.
October 02, 2018 New York is one of 30 states with legal medical marijuana programs, and with new talk at the state level of legalizing marijuana for recreational use this could be a very robust market driving high-demand for real estate space. To date, there are already two medical marijuana dispensaries on L.I.: MedMen in New [...]
In this quarterly series, we examine Long Island towns exploring facts and demographics, real estate happenings, and recent or new changes. Mineola is a village in Nassau County, New York that borders Carle Place, East Williston, Garden City, Garden City Park, Herricks, Old Westbury, Roslyn Heights, Westbury, and Williston Park. The village has a population of roughly 19,100 [...]
This Fall season there are a lot of events happening in Long Island and New York City. Here are five events you must attend this month.
Video Transcript Below: Hi, I’m Ron Koenigsberg, President of American Investment Properties. As usual the goal of our videos is to demystify a term or trend relevant to commercial real estate. Continue watching as we discuss the importance of zoning due diligence and common zoning disputes to avoid as a commercial real estate investor. [...]
