Business

Pandemic Has Changed The Property Game… Jay Speaks with News 10

it’s important to stay optimistic yet realistic I had the opportunity to talk with Mikhaela Singleton over at News 10 yesterday and we discussed some of the intricacies of navigating commercial real estate in the Albany area during COVID-19. Here are some of my quotes from the article and feel free to contact me if …

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July’s Broker of the Month

Listing Leader for the Month of July   William “Felton” McLaughlin, CCIM, SIOR Associate Broker 518 428 1164 518 465 1400 ext. 208 felton@naiplatform.com Felton’s Bio Sales Volume Leader for the Month of July   Robert Murphy Real Estate Salesperson 518 588 2665 518 465 1400 ext. 209 rmurphy@naiplatform.com Robert’s Bio Sales Volume Leader for …

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Congressman Tonko takes a tour of Riverview Center

JANUARY 2020 The management team at Riverview Center was pleased to welcome Congressman Paul Tonko to Riverview Center a few weeks ago. Having shopped there with his parents back when Riverview was a Montgomery Ward’s department store, Mr. Tonko was curious to see firsthand the transformation of the building that has taken place since Hampshire …

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ETPA Ramifications on CRE Investors

The Albany Times Union has reported local governments in Hudson, Newburgh and New Paltz are backing a statewide “Good Cause” eviction bill and expansion of the Emergency Tenant Protection Act of 1974 (ETPA) in upstate NY. Furthermore, it is likely at least six more municipalities will also back these measures. Including the city of Albany. …

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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 cost of renovation and the amount of rent that might be charged is critical. What historic and other tax credits that might be available is also of paramount importance. What is the timeline for return on the …

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