Articles & News

ETPA Ramifications on CRE Investors

By James "Jay" Verro, CCIM / May 13, 2019 /

The Albany Times Union has reported local governments in Hudson, Newburgh and New Paltz are backing a statewide “Good Cause” eviction bill and expansion of the Emergency Tenant Protection Act of 1974 (ETPA) in upstate NY. Furthermore, it is likely at least six more municipalities will also back these measures.…

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How to Market a Commercial Property with a Challenging Location

By William "Felton" F. McLaughlin, CCIM, SIOR / April 24, 2019 /

When I get a new listing to sell a commercial property with a challenging location, the first thing I do is try to discover and focus on the aspects that are unique or offer a potential competitive advantage for a buyer. How can this property help them with their business?…

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Staying in Your Lane…and Why it Matters

By Cory Tyksinski / April 17, 2019 /

It is very likely you have heard the expression “Stay in Your Lane.” Obviously, it is applicable to driving, but it also has significant meaning in commercial real estate (CRE). The internet and social media have increased the amount of information available and the speed at which someone can obtain…

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Spring Value: Added Service to Clients

By James "Jay" Verro, CCIM / April 8, 2019 /

As brokers, we are always looking to add value for our clients and extend the services we provide. With this in mind, I add a Spring 1st Look visit to my rounds when I am out on appointments. Commercial real estate (CRE) clients are busy and often don’t see these…

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Creating Value by Understanding & Experience

By James "Jay" Verro, CCIM / March 20, 2019 /

It’s no secret that commercial real estate deals can be very complex. As such, it is vital that you choose a broker that not only has a good understanding of the market, but is also experienced in the area of real estate you are interested in. By choosing a broker…

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Purchasing a Multi-Unit Commercial Property

By Michael McGovern / September 15, 2018 /

An enormous amount of variables impact the decision to purchase and operate multi-family property. Understanding the market, the cost of renovation and the amount of rent that might be charged is critical. What historic and other tax credits that might be available is also of paramount importance. What is the…

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