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
The term “going green” definitely gets tossed around a great deal, but what exactly does it mean? Going green largely means reducing the amount of energy and natural resources that are being consumed. Achieving this goal can take many forms. In the real estate industry, the largest expenditure of energy and natural resources is office buildings. [...]
The Difference Between Getting a Deal Done & a Deal Falling Apart Banks are the backbone of business, and they certainly are the fuel for commercial real estate transactions. This fact cannot be disputed. In 2007, the US economy entered a mortgage crisis that brought about a sustained and significant panic and financial turmoil that reverberated [...]
Click to Download the PDF version of the Koenigsberg Long Island Bulletin - January edition
The vacancy rate in the Long Island office market, which includes both Nassau and Suffolk County, is improving. By the end of the 3rd quarter of 2013, the vacancy rate stood at 10%. This is down from the 10.3% statistic we saw at the end of the second quarter. In other words, the numbers are definitely [...]
