By now it’s likely that you’ve seen our Commercial Real Estate market update videos, where we provide detailed information on the vacancy rate and rental rates in Long Island’s retail, office, and industrial markets. Although we believe that it is most important to understand what the market trends are within your own surroundings, we also feel [...]
Office rent is commonly one of the largest expenses a company will face other than their employee overhead. With the Long Island office market vacancy rates declining, less office space is available these days for rent. As you know, this drives the cost of rental rates up. A high cost in office space can be daunting [...]
September 22 is the date in which we celebrate the national holiday of American Business Woman’s Day. National Business Women’s Day was first founded and recognized in 1983 by the American Business Women’s Association – whose date of inception was September 22, 1982. The mission of this association is “to bring together businesswomen of diverse occupations and to provide [...]
These days, it seems like everything is becoming smarter. Smart phones and smart-cars are now considered the standard, and with intelligent technology always on the rise, smart buildings are only a step behind. Smart buildings can be both residential and commercial. Commercial buildings are more likely to be state-of-the-art with respect to the technology integration system. [...]
If you’re a Long Islander, chances are you’ve heard of “the Gold Coast.” But how much do you actually know about the Long Island Gold Coast besides the name alone? Here, we take a deeper look into this famous strip of land immortalized by F. Scott Fitzgerald’s The Great Gatsby. The Gold Coast, so-called due to [...]
If you know Commercial Real Estate on Long Island then you know the name Ron Koenigsberg, but how much do you actually know about the man behind the name? Read on to find out all about Ron Koenigsberg and what he would have been if he weren’t a Commercial Real Estate broker. Where did you grow [...]
People are always looking for ways to save on tax rates, and while the Real Estate sales market doesn’t exactly flex when it comes to this, there are two smart tax-saving options for Real Estate sales that every buyer and seller should be aware of. Section 1031 Trade A section 1031 trade carries strong benefits. The [...]
Things are looking up for Long Island’s commercial and residential real estate with both markets on the rise due to historically low borrowing rates. Does that imply a correlation between these markets? Let’s take a deeper look to find out. Similarities and Differentiators First, as one would assume, there are both similarities and differences between the [...]
Click here to read the full version of the Koenigsberg Long Island Bulletin March 2014 Edition
Click to Download the PDF version of the Koenigsberg Long Island Bulletin February edition
