Another year has come and gone and spring is right around the corner. It’s at this time of the year that we gather a list of changes and additions that we’ve seen in Long Island’s retail landscape over the past year. Many well-known retailers have recently opened or plan to open new locations across Long Island [...]
Saying goodbye to 2016 with a final market report. In this article we provide you with Long Island’s commercial real estate market report for the fourth and final quarter of 2016. As always, this report will include Long Island’s retail, office, and industrial markets. To most easily digest this information, we will break it down simply [...]
In this article we will dig deeper into what easements are, how they are created and common types of easements. We will also break down the difference between appurtenant and in gross easements. By definition, an easement is a legal right that allows the holder of the easement to use property that he/she does [...]
As the new year begins, it is imperative to view and investigate the economy and commercial real estate trends of the fourth quarter of 2017. Topics discussed in this overview will be the Federal reserve rates, the unemployment rate, payroll employment, and the commercial real estate market, specifically the retail, office, and industrial sectors. The Federal [...]
As we look back and review the information that we’ve shared throughout the year, we consider the positive changes in the commercial real estate market and recall the various commercial real estate terms, industry speak, and Hot Topics that we’ve discussed. We also reflect on the influx of urgent care centers, Long Island’s ever-changing downtowns, and [...]
A solid qu arter it’s been!Continuing our quarterly market reports, in this article we will provide you with Long Island’s commercial real estate market report for the third quarter of 2016. As always, this report will include Long Island’s retail, office and industrial markets. To most easily digest this information, we will break it down simply [...]
As we closely approach the 2017 presidential election, you may be considering the impact this election has on commercial real estate. While we will not discuss the presidential candidates and their political views, we will look at the overall impending election as well as the key variables that are proven to affect the commercial real [...]
There is no doubt about it: urgent care centers are a growing trend here on Long Island and across the U.S. Currently, there are over 110 urgent care centers on Long Island according to a database maintained by the Urgent Care Association of America. Demographically, 75% of urgent care centers are located in sub-urban areas, 15% [...]
In a previous newsletter, we wrote an article on Pre-Payment Penalty, which is a clause in a mortgage contract that says if the mortgage is paid off within a certain time period a penalty will be assessed. This clause is viewed as an agreement between a borrower and a bank or mortgage lender that regulates what [...]
With the exception of the very few who have yet to embrace the digital world, most of us now use our file drawers to hold an eclectic array of items ranging from cell phone chargers, to USB cards, to those trendy and eco-friendly aluminum water bottles. The one thing that you’d be hard-pressed to find [...]
