After helping property owners and tenants navigate Albany’s unpredictable winters for years, we’ve seen the same costly mistakes happen over and over. The difference between a property that weathers the season smoothly and one that faces expensive emergency repairs often…
Top 10 Best Applications for LEDs in Commercial Real Estate
In the realm of commercial real estate, the drive towards sustainability and operational efficiency is ever-present. Among the numerous advancements propelling this shift, LED (Light Emitting Diode) lighting stands out as a pivotal innovation. LEDs offer unparalleled benefits, from significant…
Brightening Tomorrow: Why Switching to LED Bulbs Is the Illuminating Choice
In the pursuit of sustainable living and energy efficiency, one impactful change stands out for commercial real estate: transitioning from traditional incandescent bulbs to modern LED (Light Emitting Diode) bulbs. This shift isn’t just about embracing the latest technology; it’s…
Guiding Commercial Real Estate Decisions with Cap Rate
A popular metric to determine the value of a commercial real estate deal is the capitalization rate. Also known as the cap rate, this metric is useful in determining how much an investor may want to pay for a property…
36 Hole Golf Course Set on 300 +/- Acres of Land
FOR SALE 92 Shuurman Road, Castleton, New York 12033 $3,399,000 Evergreen Country Club Just two minutes from exit 11 on I-90. This property has a Full-service Pro Shop, Restaurant/Banquet facility. Golf carts and Turf Machinery available, Full Kitchen, and Walk-in…
125 Bath Street Redevelopment Site
6+ ACRE LARGE SCALE DEVELOPMENT OPPORTUNITY 125 Bath Street, Ballston Spa, New York 12020 PROPERTY HIGHLIGHTS • 6+ Acres located in the village core of Ballston Spa• In-fill location in the top submarket in the fastest-growing region in New…
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…
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…