What are your predictions for commercial real estate in 2014?
2014 will be the year for ground breaking ceremonies for most commercial projects on 125th St. slated for completion in 2015 and 2016.The commercial tenants in these projects will be nationally or regionally branded, setting a new type of urban destination. This new shopping model trend will concentrate more on transportation hubs rather than the parking lot type venues which will be duplicated city wide and nationally. More specifically the 2015 completed projects will be the Corn Exchange building, the Raymond Building and Jeff Sutton's Lenox Avenue / 125th Street project.
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
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.
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
Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.