Tag: long island commercial real estate market

How the Debt Deal Will Affect CRE

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With a debt deal finally settled and an economy hanging on by a thread, the first plan of action for anyone who owns, leases or invests in property is to decide what to do next. All trends have been pointing toward a positive growth in the commercial real estate sector, but will this continue now […]

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Nassau Says “No” to Coliseum Renovation

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Around 100,000 Nassau County voters flocked to the polls yesterday to cast their ballot on the proposal for a new Coliseum– and the majority of residents decided they like their Coliseum just the way it is. Sixty percent of voters rejected the plans for renovation, which was going to include a minor league ballpark and […]

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Nassau County to Vote on Long Island Coliseum Renovation

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Today, Nassau County residents decide the fate of the $400 million referendum to redo the Nassau Coliseum. Passing the referendum would mean an increase of about $14 in property taxes (or 4%) per Nassau County household which, to most, seems like a reasonable price to pay in comparison to all benefits of a new complex. […]

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Gov’t Cloud Computing to Rule the Air

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This past decade has produced quite a number of technological innovations, but the one that takes the cake has to be “cloud” computing. The movement toward virtual space storage and away from cumbersome, vulnerable sites dedicated to housing hardware has officially taken hold and the government has jumped on the bandwagon. This year, the federal […]

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Deficit, National Debt: What’s the Difference?

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Debt ceiling, deficit, national debt, financial crisis—lately these words have been thrown around carelessly by everyone from congressional leaders to your grandmother. The current situation in the United States has everyone talking, but are they really listening (and understanding) the words they are regurgitating? “Deficit,” “national debt” and “debt ceiling,” have been reeled off so […]

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CRE & Others to Benefit from Gov’t Spending Cuts

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Whether or not Congress unanimously decides on a plan to raise the debt ceiling, one thing is certain: federal spending needs to be cut substantially over the next decade. The amount of cuts will be based solely on which plan Congress decides to implement (if they ever reach an agreement). But government spending cuts might not produce […]

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US Self-Destructs in Less Than 7 Days

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Less than a week to go until our country self-destructs in a financial massacre. It seems like only yesterday I was writing about the August 2 deadline and how government officials better get their act together to come up with a plan before we default. I honestly thought they would have figured something out by […]

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Warning: Fragile Post Offices Will Shatter

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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 […]

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Experts Weigh in on the Economy

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Core consumer inflation rose to its largest increase in three years this May.  A core inflation of 3% has economists and financial experts feeling disturbed.  This is also the strongest monthly rise since July 2008. We are facing core inflation on both the goods and services sides.  There is a split between prices and activity, […]

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Honoring Wounded Warriors

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Left to Right: Benjamin Segal (US Air Force), David Windmiller (VAC Pilot), Joe Howley (PALS founder & Pilot), Andrew Thompson (English Veteran), Jonny Strasse (Physical Therapist), Don Catalano (President of iOptimizeRealty™, VAC Pilot), Seated- Joe Woodke (USMA) This past Wednesday July 20, president of iOptimize Realty.com™, Don Catalano joined forces with fellow Veterans Airlift Command (VAC) […]

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