Tag Archives: Long Island

LOOKING BACK AT THE LONG ISLAND INDUSTRIAL REAL ESTATE MARKET 2010

By Tom Attivissimo, CCIM and James R. MacCrate, MAI, CRE, ASA Overview Economic activity in the manufacturing sector expanded in March for the 20th consecutive month, and the overall economy grew for the 22nd consecutive month, say the nation’s supply … Continue reading

Posted in Industrial Properties, Real Estate Market Analysis | Tagged , , , , | 2 Comments

Consumer Confidence Down

With consumer confidence declining, the outlook for retail sales, excluding food and energy, will be affected.  This will be a drag on the demand for retail space. Newsday reported that “Along with increased gas and food prices, New Yorkers were uneasy about … Continue reading

Posted in Real Estate Market Analysis, Retail Stores | Tagged , ,

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

LOOKING BACK AT THE LONG ISLAND INDUSTRIAL REAL ESTATE MARKET 2009

By Tom Attivissimo, CCIM and James R. MacCrate, MAI, CRE, ASA   Overview Our prior report on the State of the Long Island Industrial Market indicated the unique characteristics of this market.  This report will focus on our observations during 2009 … Continue reading

Posted in Appraisal Process, Industrial Properties | Tagged , , , | 2 Comments

Understanding Today’s Industrial Market on Long Island

By Tom Attivissimo, CCIM and James R. MacCrate, MAI, CRE, ASA Overview Long Island is a unique industrial real estate market.  It is surrounded by the Long Island Sound and the Atlantic Ocean, and has limited access through New York … Continue reading

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When Will Real Estate Prices Stabilize in the New York Metropolitan Area?

By James R. MacCrate, MAI, CRE, ASA  Many so called real estate experts have been predicting the bottom to the real estate market will occur in late 2009 or early 2010.  No one can predict with any degree of accuracy … Continue reading

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