It is not uncommon for real estate investors to overlook important details. Read five common mistakes made when real estate investing.
In this video Ron Koenigsberg, CCIM, President of American Investment Properties discusses the tax certiorari process. This is the legal process by which the courts review a real property assessment. In this video, Ron breaks down the tax certiorari process in five easy and digestible steps. 5 Things to Know About Tax Certiorari [...]
Lesso Group Holdings is excited to announce plans to turn the former Westbury Source Mall into an expo center called Lesso Home.
With only two months remaining in 2017, we’re checking in on the Long Island commercial real estate market to see how it performed in the third quarter. Arming you with the details and statistics, this report will include Long Island’s retail, office, and industrial markets. To most easily digest this information we will break it down [...]
In Amazon’s first quarterly report since closing on the acquisition of Whole Foods Market Inc., they reported third-quarter net income of $265 million, on sales of $43.7 billion, up from $32.7 billion a year ago. In the third quarter report, Amazon’s producing profits and sales far exceeded expectations of Wall Street with a 34% rise in [...]
As more and more consumers choose to seek out and invest in experiences rather than products, many retailers are responding to meet the needs of their customers by providing a personalized and customized retail experience. Consumers don’t want to just walk into a shop, buy a product and leave; they could do this from the comfort [...]
September 13, 2017 Three adjacent mixed-use buildings in Franklin Square have been sold for $7.1 million, the brokerage that handled the sale said. The properties, at 4-18 New Hyde Park Rd. and 942 and 966 Hempstead Turnpike, total 41,000 square feet, and include 15 retail stores, 19 apartment units and a small catering hall. Read The [...]
September 05, 2017 Smithtown, NY American Investment Properties Inc. (AIP) arranged the sale of the 7,200 SF Smith West Plaza retail center for $2.137 million. The property, 1041 W. Jericho Tpke., constructed on one acre in 1987, was sold to Summit Blossom LLC, of Flushing, as part of a 1031 exchange, by Smith West Plaza LLC. Read The Full [...]
American Investment Properties and NYREJ Hold Long Island CRE Summit; Panelists Offered an Upbeat Outlook
August 01, 2017 Plainview, NY A panel of real estate and other professionals offered an upbeat outlook for Long Island at American Investment Properties’ and the New York Real Estate Journal’s first Long Island Real Estate summit. Read The Full Article>>
We’ve surpassed the halfway point of 2017 and Q2 market reports are officially in so we’re here today to bring you the latest update and report on Long Island’s commercial real estate markets. Arming you with the details and statistics, this report includes Long Island’s retail, office, and industrial markets. To most easily digest this information, [...]