Tag: long island market

More Tips for Backing Up Your CRE

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Here are some of my suggestions for back up programs: Windows computers offer a plethora of third-party programs for relatively cheap. My suggestion for a near enterprise-level backup schemes and security is Acronis True Image. This flexible and powerful program can actually create full, live disk images of your PC so that when the time […]

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CRE & Economic Forecasts Remain Predictably Grim

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Disaster might rear its ugly head once again in the shape of a second, more devastating recession in the United States. Just when the U.S. started the arduous task of digging themselves out of their financial hole, another tsunami in the form of the “debt deal debacle” came and washed away all their progress. But […]

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Brookhaven Lab Gets $33 Million Makeover

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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 […]

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Will CMBS Sustain High Lending Numbers?

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Commercial lending has rebounded quite successfully this quarter, showing an increase tantamount only to the second quarter of 2008. A good sign for those of us in the CRE market, as it shows a steady and growing industry ready to move back into the game. The index recorded a 107% jump from last year’s statistics, […]

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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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