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Joe Sausto
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Title: Corporate Services Director
14 Corporate Woods Boulevard
Albany, NY12211
Phone: 518 465 1400
Ext: 216
Fax: 518 465 1441
Email:
Contact
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Scope of Service Experience
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Sausto's experience includes work on investment properties, tenant representation and corporate advisory services.
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Education
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Sausto received his bachelor's degree from Boston College and his Juris Doctor from New York Law School.
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Background & Experience
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Sausto is an attorney and commercial real estate broker with NAI Platform specializing in corporate advisory services and all aspects of investment real estate. Corporate advisory services include the structuring of sale-leaseback transactions, operating expense lease audits, tax certiorari, strategic planning, and assisting property owners maximize the return on their real estate assets. Sausto has become known for achieving value for parties to transactions through innovative planning, including structuring charitable remainder trusts, bargain and sale transactions, lease restructuring, cost segregation analysis, utilization of various tax credit programs as well as economic incentive and development programs. Sausto has become a leader in the 1031 tax deferred exchange market.
He has an extensive background in Land Use Planning and has assisted and partnered with developers on municipal approvals for over 1,000 residential units and hundreds of thousands of square feet of commercial space, achieving zoning changes, writing Environmental Impact Statements, analyzing investor vs. dealer capital gain issues, securing sewer and water extensions and conducting land swaps and environmental remediation projects.
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Professional Affiliations & Designations
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New York State Bar Association
Connecticut Bar Association
Commercial and Industrial Real Estate Brokers (CIREB)
Greater Capital Association of Realtors (GCAR) |
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Significant Transactions
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Fairground Village, Ballston Spa, NY, 60 Apartments, 1031 Acquisition
Willett Apartments, Albany, NY, 66 Apartments, Sale-Charitable Remainder Trust
Vicarious Visions, Menands, NY, 37,000 sq. ft., Tenant Representation
800 North Pearl Street, Menands, NY, 275,000 sq. ft., Sale/Advisory
Campus Edge Apartments, Fredonia, NY, 146 Apartments, Sale
Glass Works Village, Guilderland, NY, 300 Residences, 190,000 sq. ft. commercial, Zoning change and site plan approval
Meadowdales, Colonie, NY, 300 Residences, Site Plan Approval |