What are your predictions for commercial real estate in 2014?
I anticipate the strong momentum we are seeing in commercial real estate moving into 2014 and for 2014 to be an even better year than 2013. Cap rates are where they were at the peak of the market and we are experiencing more demand than ever from overseas investors.
This aspect coupled with the historic low interest rates and decreasing unemployment should help the commercial real estate market to thrive in 2014.
strong>2026 Ones to Watch - Rising Stars Spotlight out now! This is the second installment of NYREJ's annual Ones to Watch series recognizing standout emerging professionals whose drive, talent, and fresh perspective are helping shape the future of New York’s commercial real estate industry. This Spotlight features professionals on the rise and their achievements in the CRE industry.
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
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”.
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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