Ben Weisel is a president at Metro Pest Control, Queens, N.Y.
What was one of your corporate or career highlights of the decade?
My most memorable experience of the decade was to purchase our building, a 21000 square foot commercial property in Glendale Queens with 14,000 s/f of parking. We now feel anchored, no longer concerned with negotiating new leases every five years. We are also very pleased with the sizable savings in real estate taxes and appreciation.
What are your predictions for commercial real estate in the new decade?
There is a great need for housing and I predict an increase in moderate/low income housing (both new construction and renovation of existing structures) in the inner cities. Many of these areas have available vacant warehouses and factories, existing utilities and transportation and a large labor pool -- all of the ingredients needed to create a vibrant working class community. We need to spend on social plans that will enable low-income individuals to live with dignity.
This special section will feature projects completed within the past six months as well as projects that are currently under construction across Long Island, submitted by developers, general contractors, construction managers, and architectural firms.
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.
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”.
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
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