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NAI Platform | 14 Corporate Woods Blvd., Suite 100 Albany, NY 12211 | 518 465 1400

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Summer Market Stats

NAI Platform has completed 15 leased transactions totaling $4,558,635 and 15 sales totaling in $14,319,240 in the months of June, July and August of 2019. June Stats Retail Space 1471 Route 9, Halfmoon NY: James “Jay” Verro, Associate Broker was the sole broker of 2,285 sf leased. 4908 Route 30, Suites 9, 10, 11, Amsterdam…
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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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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 estate (CRE) clients are busy and often don’t see these things. My goal is to…
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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 real estate you are interested in. By choosing a broker carefully, you can help to…
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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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