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December 2012 Vol. 4 Issue 4
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 Dear Friends, On behalf of the team at Hunt Corporate Services and Hunt Construction Services, we wish you a very happy holiday season and prosperous New Year filled with joy and peace. We look forward to working with you in the coming year. We can do great things together. "Oh the possibilities!" David G. Hunt |
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Operating Your Business During Construction by: David G. Hunt
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We would really like to modernize and reconfigure our office space, but there is no practical way to shut down the office for construction. Any suggestions?
It is difficult to give you a comprehensive answer without knowing your complete circumstances. Yes, it is certainly more desirable, if possible, to relocate your present operations temporarily while construction takes place. But with careful scheduling (and a lot of understanding) construction can take place around your operations. We recently renovated the administrative offices,  lobby, waiting area, lavatories and locker rooms for an indoor tennis facility. By careful planning, scheduling critical items during off-peak or closed hours, and cooperation from staff and patrons, there was never a time that a customer could not come into the facility. How this was accomplished might be a good model for your own renovations.
The downside of
construction during
operations is that it will cost more, and take longer...
First, in cooperation with our client, we chose the absolute quietest part of the year to begin our work. While the administrative offices had to be open to handle calls and paperwork, the courts were closed for one week to allow resurfacing and new lighting. This was the perfect time to get real "dirty" work done, in this case, demolition and removing an antiquated boiler, piece by piece. Full article |
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Blessed is the season which engages the whole world in a conspiracy of love!
Hamilton Wright Mabie |
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 | | Perfect for office tenant - great retail exposure |
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Companies on the Move | |
Display Technologies is moving to 1111 Marcus Avenue, Lake Success...N & F Global is moving to 208 Blydenburgh Road, Islandia... GarageTek is moving to 145 Pinelawn Road, Melville... Arrow Security is moving to 278 West Main Street, Smithtown... TVR Communications is moving to 5 Aerial Way, Syosset...Gemini Fund Services is moving to 80 Arkay Drive, Hauppauge... Robert Sharady is moving to 150 Vincent Avenue, Lynbrook... |
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Financing File
| Current Market Rates and Programs for the Long Island Commercial Marketplace
The SBA 504 loan program offers long term (10 or 20 years) fixed rate subordinate mortgage financing for the purchase and renovations of existing buildings or new buildings and equipment. Loans are up to 40% of the project cost..... (MORE) |
Our Corporate Headquarters 17 Dupont Street, Suite 4 Plainview, NY 11803 516-937-1000 www.huntcorp.com
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COMPARABLE SALES IN THE LAST 12 MONTHS
| City | Address | Property Type | Size SF | Office SF | Acres Total | Sold Price/SF | Sold Date |
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Bohemia
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95 Carlough Road
| Industrial |
14,600
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| 1 | $92.47 | 12/11/2012 | | Hauppauge |
50 Marcus Boulevard
| Industrial | 39,180 | 13,300 | 2.14 | $68.66 | 11/26/2012 | | Ronkonkoma |
135 Raynor Avenue
| Industrial | 35,000 | 4,075 | 2.49 | $80.00 | 10/25/2012 | |
Glen Cove
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1 School Street
| Office Condo | 1,644 |
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| $182.48 | 10/19/2012 | | Freeport |
131 Henry Street
| Industrial | 6,000 | 900 |
| $105.83 | 10/17/2012 | | Hauppauge |
110 Oser Avenue
| Industrial | 56,877 | 8,000 | 4 | $60.66 | 10/5/2012 | | | | | | | | |
For more Recent Sales, click here |
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©Copyright 2010, All Rights Reserved. The content of this web site may not be reproduced without the written permission of HUNT Corporate Services, Inc. All information is from sources deemed reliable and is subject to prior rental or sale, errors, omissions, change of price and withdrawal without notice.
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