Long Island Commercial Real Estate Market Report – Q2 2016
As reported quarterly, in this article we will provide you with Long Island’s commercial real estate market report for the second quarter of this year. Marking the halfway point of 2016, we will cover Long Island’s retail, office, and industrial markets. To most easily digest this information, we will break it down simply by market with [...]
4 Factors Why U.S. Commercial Real Estate Will Be Strong Post Brexit
Although this process and decision on Brexit is still on going, there are many immediate as well as distant significant repercussions that will endure. One of those potential impacts may very well impact the U.K.’s commercial real estate market (CRE), as well as its investors, both in the U.K. and abroad. With uncertainty to be the [...]
Commercial Real Estate Types & Categories: Part A
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 [...]
Commercial Real Estate Types & Categories: Part B
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 [...]
Prepayment Penalty Must-Reads Before Your Next Mortgage
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 [...]
What Makes a Great Downtown? Learn The Characteristics Here.
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 [...]
Long Island Commercial Real Estate Market Report – Q1 2016
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 [...]
Long Island’s New Retail Roundup
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 [...]
Hot Topic: Omni-channel Retailing
Exactly one year ago we crafted an article discussing the pros and cons of brick-and-mortar retail versus online shopping. At the conclusion of the article we forecasted where we believe the future of shopping was headed: “So, where do we see the future of shopping going? Our answer: neither specific direction – we truly believe that the [...]