Commercial real estate can be broken down into several different categories. Typically, when people think of commercial real estate they picture shopping centers, office buildings or warehouses. However, the commercial real estate industry is much more detailed when it comes to defining property types. Investors, lenders and brokers have developed property classifications to make it easier [...]
In Part B of our commercial real estate types and categories article, we are discussing classification grades, which are assigned to commercial properties. If you didn't read Part A, read it here. Commercial real estate is generally classified into one of three categories: Class A, Class B, or Class C. What The Letter Classifications Mean Letter [...]
The ability to remain cool and calm under pressure builds credibility, especially when done so in a professional setting. However, for many of us, this action is much easier said than done. In this article, we will discuss seven tips that may help you to focus and remain calm during periods of frustration and stress allowing [...]
Watch as Ron Koenigsberg of American Investment Properties discusses the many components of a successful and effective Broker Price Opinion for the June edition of our 2016 video series.
Prepayment penalty is a term we hear often, but how much do we actually know about it? In this article we will take a deep dive into the meaning of prepayment penalties and provide you with a quick way to determine the cost. What is a Prepayment Penalty? A prepayment penalty, also known as “prepay”, is [...]
We cannot stress how important it is for Long Islanders to be knowledgeable of the status of our local economy. Evidence of a strong labor market and positive consumer spending support the economic stability and growth of our Island. Looking at Long Island’s unemployment rate and employment statistics solidifies this thought. Long Island’s seasonally unadjusted unemployment [...]
With Long Island’s economy continuing to steadily grow and prosper, there are no shortages of downtown's, many of which are being revitalized at this very moment in effort to reinvigorate their local community. From Rockville Centre, to Patchogue, to Farmingdale, to Riverhead, “downtown” is a place that we, as Long Islanders, choose to spend our time [...]
As we all know, in order to be successful in business, it is essential to be able to focus and concentrate. What we choose to ingest has a huge impact on how our brain functions. Eating what we refer to as “brain foods” has been proven to increase brain performance, memory and clarity. The typical human [...]
Continuing to bring you quarterly market reports for Long Island Commercial Real Estate is something that is important to us, as we believe that keeping you informed with up to date information is integral to Long Island’s commercial real estate community. In this article we will provide you with Long Island’s commercial real estate market report [...]
Spring flowers are not the only signs of fresh beginnings here on Long Island. Many well-known retailers have recently opened or plan to open new locations across the island this year breathing new life into Long Island’s retail market. These openings are significant as they speak to our thriving economy. Here is Long Island’s new retail [...]
