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ETPA Ramifications on CRE Investors
The Albany Times Union has reported local governments in Hudson, Newburgh and New Paltz backing a statewide “Good Cause” eviction bill and an upstate NY expansion of the Emergency Tenant Protection Act of 1974 (ETPA). This will have major ramifications…
How to Market a Commercial Property with a Challenging Location
When I get a new listing to sell a commercial property with a challenging location, the first thing I do is try to discover and focus on the aspects that are unique or offer a potential competitive advantage for a…
Staying in Your Lane…and Why it Matters
It is very likely you have heard the expression “Stay in Your Lane.” Obviously, it is applicable to driving, but it also has significant meaning in commercial real estate (CRE). The internet and social media have increased the amount of…
Spring Value: Added Service to Clients
As brokers, we are always looking to add value for our clients and extend the services we provide. With this in mind, I add a Spring 1st Look visit to my rounds when I am out on appointments. Commercial real…
Creating Value by Understanding & Experience
It’s no secret that commercial real estate deals can be very complex. As such, it is vital that you choose a broker that not only has a good understanding of the market, but is also experienced in the area of…
Purchasing a Multi-Unit Commercial Property
An enormous amount of variables impact the decision to purchase and operate multi-family property. Understanding the market, the costof renovation and the amount of rent that might be charged is critical. Whathistoric and other tax credits that might be available…