Several major trend lines are currently creating increasing demand for medical office buildings in Long Island and across the nation. The population of the United States is aging at the same time that medical practitioners are leaving individual practices to join larger, more efficient medical groups. Meanwhile, medical care is moving from hospitals to local facilities, and medical practices are clustering to benefit from cross pollination. The result is remarkable growth in medical office buildings both in new construction and in repositioned properties. This has attracted significant investment by capital sources who anticipate that the trend will continue.
The Long Island Rail Road is the oldest United States railroad still operating under its original name and charter. The growth of the railroad helped to shape the future of Long Island and is now the busiest commuter rail system in the United States. Since its inception, the railroad has been an essential part of Long Island’s economy.
Please join NYSCAR on June 4-6, 2018 for the 17th Annual NYS Commercial Real Estate Conference held at the Turning Stone Resort Casino in Verona, New York. The conference is proudly sponsored by…