Monthly Archives: February 2011

Follow Up Long Island Retail

Newsday states “The Valley Stream Waldbaum’s store is among the 32 supermarkets scheduled to close as part of the Great Atlantic & Pacific Tea Co. Inc.’s restructuring plan, according to company court filings.” The N.J.-based company, which owns stores including A&P, … Continue reading

Posted in Retail Stores | Tagged , , ,

The Long Island Retail Market & New Construction

by Jim MacCrate, MAI, CRE, ASA The vacancy rate for retail properties on Long Island (Nassau & Suffolk Counties only) has been increasing steadily since 2004-2005 when the vacancy rate was below 4%.  One can drive through the older downtown … Continue reading

Posted in Highest & Best Use, Real Estate Market Analysis, Retail Stores | Tagged , , | 2 Comments