US Economy & CRE Markets at a Glance
Across Long Island, gas prices have tumbled to less than $2.00 per gallon, reaching lows many people never imagined would return. Local drivers are paying less at the pump leaving more money in their pockets. AAA, which tracks daily gas price averages across the U.S., stated that the last time gas prices fell to under $2.00 [...]
Goals come in all forms; some are small and easily achievable while others may seem as if they’re pipe dreams. But all goals have one thing in common – they all require focus. Do you ever feel that you struggle when trying to reach your goals? The reality is that most people do. When you set [...]
Roughly seven years after the Federal Reserve lowered the target for its benchmark federal funds rate to zero percent, with an announcement from Fed Chairman Janet Yellen, the Fed has finally made the decision to increase the target for short-term interest rates to a range of 0.25% to 0.50% from a range of 0% to .25%. [...]
As 2015 comes to an end, we look back and review the articles and information that we’ve shared along the way. We think about the advances in technology and intellectual thinking, consider the Commercial Real Estate Market happenings we experienced, as well as the various terms and industry speak we broke down, and reflect on Long [...]
Technology has become ever-present throughout every aspect of our daily lives and is advancing at an unfathomable pace. It benefits us at work, at home and at play, seamlessly integrating into our everyday lives. Technology enables us to have an immediate stream of information, knowledge and communication, whenever and wherever we want. We've become numb to [...]
It’s that time of the year again, and we’re not talking about the holidays. It’s time to make charitable donations to those organizations you feel most passionate about. While your primary motivation to donate to charity should be altruism, we also think you should know that great tax benefits exist for those who give. Charities and [...]
As we bring more aspects of our lives online (socializing, shopping, banking, education, telecommuting) the risks of cyber crime increases allowing a constant threat to your personal data whether you are on the go (mobile device or tablet) or at home (desktop, laptop, tablet, etc.) The Current State of Cyber Crime The United States is the [...]
As a commercial real estate broker, every time we engage in a deal we always have one key thing in common with our clients and that is: we are both on the same team, with the same goal of getting the deal done. However, it is not as simple as it may sound and the road [...]
To add value to commercial real estate means doing improvements that will enhance their value and ultimately increase cash flow. This is a way to breathe new life into existing commercial real estate markets. With commercial properties that have become tired and/or obsolete, property owners and investors can create brand-new, desirable assets in markets that crave [...]