Thomas Garry: Where are we now, where are we headed and where are the opportunities?

As the economy slowly recovers buyers and sellers of commercial properties need to consult with real estate and economic development experts, who know their markets and sources of funding as well as the state and local laws governing properties to optimize incentive opportunities of which they may not be aware. There are also incentives for purchasing and redeveloping distressed properties, such as taking advantage of the state's brownfield redevelopment program. Agencies such as industrial development agencies and local development corporations provide a wealth of incentives to encourage investment in their communities. Thomas Garry is a partner at Harris Beach PLLC, Uniondale, N.Y.