Supermarket operator, Great Atlantic & Pacific Tea Co., which used to operate 296 stores in the Northeast under the brand names A&P, Best Cellars, Food Basics, The Food Emporium, Pathmark, Superfresh and Waldbaum’s, has filed for bankruptcy and ceased operations. When did Waldbaum's Close? Waldbaum's officially closed its stores in July 2015. This filing directly affected [...]
Well its about time…Broadway Commons, formerly known as Broadway Mall, in Hicksville is undergoing a large renovation and will welcome four new tenants. This update and change is much needed for the Broadway Mall, which is overseen by California-based Pacific Retail Capital Partners, in order to stay relevant with other Long Island retail and entertainment destinations [...]
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 [...]
As the second quarter of 2015 recently came to a close we felt it would be helpful to craft for you a report consisting of the Long Island CRE market statistics for Q2 2015. In this report, we will cover the retail, office, and industrial markets. To most easily digest this information, we will break it [...]
In commercial real estate there are many terms and phrases that are often tossed around like the 'Good Guy Clause', but how many of them are actually understood inside and out? As a leading professional in the CRE industry, we feel it is our obligation to provide our audience and clients with the tools they need [...]
At American Investment Properties (AIP), we believe that an internship can be an extremely valuable experience providing exposure for young adults into exciting, challenging, and rewarding industries. As you may know, each year American Investment Properties provides opportunities for High School and College students who are interested in exploring the commercial real estate (CRE) industry. Our [...]
Unmanned aircraft systems (UAS), also commonly referred to as drones, are small-scale aircrafts without a human pilot aboard. The applications for this new technology are varied and numerous; however, the excitement around drones is certainly getting a lot of talk and attention within the real estate industry. While the Federal Aviation Administration (FAA) is currently creating [...]
Social Media has created a significant shift in how we communicate with one another. It has become a digital equalizer; small and large companies alike can build their brands, grow and expand their businesses and connect with their clients online via social media outlets. How Does Social Media Differ From Traditional Marketing? Traditional marketing involved identifying [...]
Some may call me biased, but I truly believe that there is no better place to live and work than here on Long Island. Part of being a Long Islander is that we get to experience four very unique seasons. From 3 feet of snow in the winter, to countless planting fields abounding with flowers in [...]
The recovery in the U.S. office market has been painfully slow in the majority of metros across the country. But a strengthening economy and more robust job growth could give the office market a much-needed change in the year ahead as we are already seeing signs that the economic recovery is beginning to create stability and [...]
