News: Spotlight Content

Roof Raising by Allen of Space Technology

Space Technology Inc. (STI) lifts the existing roof of an industrial building, intact, to two or three times its original height. By elevating the roof at the rate of one foot every hour, STI can double or triple the capacity of a warehouse quickly and inexpensively. Imagine the value and marketability gained by transforming an old, obsolete-height structure into a modern, high-cube facility, virtually overnight. The entire roof (or just a section) is lifted as a single unit. Lighting, heating, sprinkler systems, and roof-mounted equipment remain attached to the roof, and rise undisturbed. The actual roof lifting process can be completed in as little as a single day. Roof lifting yields increased size, efficiency and building value without demolition costs, without increasing taxes based on square footage, and without increasing the facility's parking space requirements. STI provides the real estate industry and building owners with this unique technology and service: the patented E-Z Riser® process. This unique procedure has been providing ceiling height increases, safely, successfully, and economically since 1972. It is important to note that this procedure inherently maintains complete structural stability at all times, avoiding the need for temporary shoring and resulting floor-anchor damage. Permanent full-height steel column sleeves are utilized, which lift the roof while continuously maintaining the original building support. This process has a 100% safety record, as proven by its implementation even in facilities that must be OCCUPIED during preparation and lifting, WITHOUT any serious work disruption. Imagine how many properties can now be purchased, leased or sold, that were previously deemed functionally obsolete. Imagine how many prospective tenants and clients can be attracted to sites that previously could not earn serious consideration. Real Estate Brokers, Industrial Developers, individual Users, and National Retailers, have been using this tool to create space, add value, upgrade marketability, and to attract and retain tenants. When they calculate the exceptionally short time for their return on investment, it becomes clear why this revolutionary concept is creating such an impact. STI offers free cost estimates, nationwide. Space Technology, Inc., Jeffrey Allen, 631-491-8500, 800-784-3150, [email protected], www.rooflift.com
MORE FROM Spotlight Content

Check out NYREJ's Developing Westchester Spotlight!

Check out NYREJ's Devloping Westchester Spotlight!

NYREJ’s Developing Westchester Spotlight  is Out Now!
Explore our Developing Westchester Spotlight, featuring exclusive Q&As with leading commercial real estate professionals. Gain insight into the trends, challenges, and opportunities shaping New England’s commercial real estate landscape.  

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Oldies but goodies:  The value of long-term ownership in rent-stabilized assets - by Shallini Mehra

Oldies but goodies: The value of long-term ownership in rent-stabilized assets - by Shallini Mehra

Active investors seeking rent-stabilized properties often gravitate toward buildings that have been held under long-term ownership — and for good reasons. These properties tend to be well-maintained, both physically and operationally, offering a level of stability
Properly serving a lien law Section 59 Demand - by Bret McCabe

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”.
How much power does the NYC mayor really have over real estate policy? - by Ron Cohen

How much power does the NYC mayor really have over real estate policy? - by Ron Cohen

The mayor of New York City holds significant influence over real estate policy — but not absolute legislative power. Here’s how it breaks down:

Formal Legislative Role

Limited direct lawmaking power: The NYC Council is the primary
The strategy of co-op busting in commercial real estate - by Robert Khodadadian

The strategy of co-op busting in commercial real estate - by Robert Khodadadian

In New York City’s competitive real estate market, particularly in prime neighborhoods like Midtown Manhattan, investors are constantly seeking new ways to unlock property value. One such strategy — often overlooked but