Tag : CRE Market Comparison

An Unbiased Look on the Biases of CRE’s Future

In an effort to be diplomatic, I’m going to address both the positive and negative aspects of the commercial real estate market that are currently being discussed by various sources. This is mainly an attempt to give you, the reader, an unbiased look at the biases currently the web. After outlining both positions, perhaps you’ll..

L.I. Investors and Developers Needed for Coliseum Renovation

With the referendum rejected, Nassau County Executive Edward Mangano put out a plea for private developers to submit proposals for a revamped Nassau Coliseum. Nassau taxpayers expressed their dissent when they rejected Wang’s proposed tax hike to fund the Coliseum’s renovation and now Mangano is hastening to find another, privately funded, alternative. Despite his disappointment,..

Brookhaven Lab Gets $33 Million Makeover

Brookhaven Laboratory announces their planned renovation of two buildings on the 5,300-acre campus, set to begin October 1. The project is estimated to cost a total of $50.8 million, $33 million going solely into the renovation and modernizing of both buildings. The renovations will be funded by the U.S. Department of Engery’s Science Laboratories Infrastructure..

Warning: Fragile Post Offices Will Shatter

Need to send a package? No problem, head over to your local post office and—wait. What happened to it? If you live in an area with more than one post office in a 2-mile radius, beware– your post office could get the boot.  About 3,700 post offices around the country are predicted to shut down..

Keep Calm and Rent On, America

In light of the recent turnaround in the commercial real-estate sector, the market has, so far, shown an increase in the amount of occupied office space in the first and second quarters of 2011. The first quarter showed an increase of 5.5 million square feet of inhabited office space, while the second measured a close..