News:
Spotlight Content
Posted: December 26, 2023
2023 Year in Review: Nick Malagisi,
SVN Storage Realty
Managing Director
SVN Storage Realty
What person, project, transaction, or market trend had the greatest impact on your industry this year? The self storage industry continues to consolidate with Extra Space Storage, the second largest REIT in the industry, purchasing Life Storage, the forth largest REIT for $12.7 billion, the largest sales price ever recorded.
What emerging trends will drive investment and development in 2024? The most significant trend in the self storage industry right now is the implementation of new technology for “remote management”, replacing on-site managers.
Tags:
Spotlight Content
MORE FROM Spotlight Content
2026 Developing Queens: The Sutphin Hillside Towers at Jamaica Station
Queens, NY Asset CRG Advisors brokered one of the largest Opportunity Zone development sales in the country — a transformative site in the heart of downtown Jamaica. Managing partners Yuriy Ustoyev and Sadya Liberow represented both buyer and seller in the $59.7 million transaction
.png)
Columns and Thought Leadership
2026 Developing Queens: Long Island Board of Realtors advances commercial growth and advocacy in Queens
The Long Island Board of Realtors (LIBOR) Commercial Network continues to play a key role in advancing opportunities and strengthening the commercial real estate landscape across Queens. Through targeted programming and global outreach
From vacancy to vitality: How adaptive reuse is reshaping Long Island’s CRE landscape - by Andrea Tsoukalas Curto
Adaptive reuse has become one of the most important conversations in commercial real estate today. Long Island has a large inventory of aging retail, office and industrial
CRE Guide Featured Company: Merritt Environmental Consulting Corp.
Merritt Environmental Consulting Corp. (MECC) was established in June of 2009 after being part of a larger engineering firm for almost 20 years. The focus of the company is to assist lending institutions, attorneys, real estate investors, and property owners with environmental concerns. Today, MECC has offices in New York, Florida, and Vermont and has grown into a regional consulting firm serving clients along the East Coast.
Properly serving a lien law Section 59 Demand - by Bret McCabe
Many attorneys operating within the construction space are familiar with the provisions of New York Lien Law, which allow for the discharge of a Mechanic’s Lien in the event the lienor does not commence an action to enforce following the service of a “Section 59 Demand”.
