Commercial Real Estate

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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Q2 / 2020 Transaction Report

Uniquely Positioned. Powerfully Connected. Fully Dedicated. DOWNLOAD PDF Quarterly Report Q2 / 2020 Office Sector 1301 River Street, Valatie, New York 12184 Agents James “Jay” Verro, CCIM SIZELEASEDSECTOR 3,931 SF 1,100 SFMulti-Year, 2 LeasesMedical Office 24 Madison Avenue Ext, Albany, New York 12203 Agents Robert Murphy and James “Jay” Verro, CCIM SIZELEASEDSECTOR 1,612 SFMulti-YearClass A …

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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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June’s Broker of the Month

Listing Leader for the Month of June   James “Jay” Verro, CCIM Associate Broker 518 369 5048 518 465 1400 ext. 214 jverro@ccim.net Jay’s Bio Sales Volume Leader for the Month of June   Tyler Culberson, SIOR Associate Broker 518 857 0586 518 465 1400 ext. 228 tculberson@naiplatform.com Tyler’s Bio

Brunswick Hillside Apartments & Townhomes

Property Information 1261 NY Route 7, Brunswick, New York 12180 Price: $1,800,000 Multi-family income property provides excellent ROI. The Brunswick Hillside Apartments & Townhomes is lucrative income property available to an investor interested in collecting checks from a turnkey property. This stunning acreage nestled in the rolling hills outside of Troy features 24 apartments generating …

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Virtual Tour: 50 4th Street, Troy, NY 12180

Download the Flyer A Piece of Troy’s History Brought into the 21st Century Once the Union National Bank built in 1936, this impressive 10,100 SF building is being transformed into a modern facility for what could be unique offices, retail, a restaurant or event space. The owner has painstakingly restored the building with new electrical, …

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Q1 2020 Transaction Report

Play Video Download the PDF Office Sector 220 Washington Avenue Ext., Albany, New York Agents Robert Murphy and James “Jay” Verro, CCIM SIZESOLDSECTOR 25,474 SF$2,700,000Office 258 Ushers Road, Clifton Park, New York Agents James “Jay” Verro, CCIM SIZESOLDSECTOR 17,416 SF$1,125,000Office 28 Corporate Drive, Clifton Park, New York Agents Anthony “Tony” Catalano and Tyler Culberson, SIOR SIZELEASESECTOR …

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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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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 buyer. How can this property help them with their business? What does it provide that …

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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 information available and the speed at which someone can obtain information about anything. This access …

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