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April 2013 Vol. 4 Issue 9
           ........Happy Spring!
Dear Friends,
 
Our 
"Lease-Buy Conference" held on April 3rd was a wonderful success.  
The reviews were great and we are already planning our next conference, "How to Negotiate the Commercial Lease - A Tenant's Guide."
 
Spring has sprung, nature is renewing itself and if you're anything like me, you probably feel a bit renewed too.  I bet your wheels are turning with new ideas. 

If I can help you with anything, just let me know.  

 

"Oh the possibilities!"

 David G. Hunt  

 
Spring Cleaning                  by David G. Hunt

Q:   It seems like winter was brutal to the building that we own.  There are several roof leaks, and our pavement is cracking.  And that's just what we can see.  Do you have any suggestions or checklists for winter recovery?

 

  Leaking roof

          

A:   You are wise to be thinking in this direction.  A lot of damage from winter, whether a roof, HVAC equipment, paving or landscaping will only get worse without attention, and will therefore be much more expensive to eventually repair.  So let's work our way through the major areas of commercial building maintenance.  While our most important objective is prevent further damage to deteriorating systems, now is also the time to consider relatively inexpensive cosmetic improvements that can enhance the image of your business. 

 

A walk around your building 

is good idea.  

Look for loose mortar, 

peeling or loose caulking, 

or other signs of winter abuse.   

 

Now is the time to get a roofer on your roof, particularly if you have a flat roof.  Most roofers will make this inspection free of charge.  Vertical leaders and roof drains should be free of debris.  There should be no ponding on the roof - standing water is deadly to a roof.  Blisters and alligatoring of the surface all must be addressed.  Flashing should be properly sealed and attached.  Any debris on the roof should be completely removed.  Is it time ... more
 
PRESS RELEASE

Buy Or Lease Your Next Location Answers Made Clear


David, Steve and Kevin 4-3-13 Conference

April 15, 2013-Plainview, New York

One of the first conferences of its kind took place Wednesday, April 3, 2013 at the Race Palace in Plainview, New York.  Three expert panelists joined together to present a rationale to corporate leaders for the process of making a decision whether to buy or lease their corporate real estate.  The concept for the conference on buying versus leasing was conceived by David G. Hunt, President of  Hunt Corporate Services, Inc., to bring together specialists for this topic.  Steven Elliot Cohen, Partner at Franklin, Gringer & Cohen, P.C. and Kevin Leifer, CPA and Tax Director at Gettry Marcus CPA, P.C. joined Hunt.  Collectively, they developed a program that brought the three different disciplines together for this two-hour morning conference.

 

Over forty key executives of major regional companies accepted an invitation and attended this unique program where they obtained the information they needed from the three distinct perspectives; accounting, legal and real estate brokerage.  The topics included; discounted cash flow analysis as a tool to analyze the buy-lease decision, why it is often better for fast growing companies to lease and not-for-profits to buy, how privately held companies should hold their real estate, the implications of owning real estate while maximizing deductions, as well as an overview of the Long Island real estate marketplace today.  Guests were given an opportunity ... read more

HCSI
Hunt Construction is here for you...
  • Leaking roofs
  • Repaving parking lots and driveways
  • HVAC equipment repairs or replacements
  • Landscaping
    general contracting
  • Building repairs
Let us know what you need! 
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Companies on the Move
Sandwire is moving to  20 Hempstead Turnpike, Farmingdale...  Standard Tinsmith Supply ismoving to 103 Ames Court, Plainview... Protection One is moving to 245 Newtown Road, Plainview... Catholic Health Services is moving to 110 Bi-County Boulevard, Farmingdale... KLD Labs is moving to 55 Cabot Court, Hauppauge... GenServe is moving to 100 Newtown Road, Plainview... American Engineering is moving to 1171 Old Country Road, Plainview...  BZ Media moving to 225 Broadhollow Road,  Melville... 
What's New at Hunt

Hunt Engineers $8,200,000 sale of CVS in Bethpage, New York

 

Hunt Sells Rare Jewel of A Professional Condominium

 

Transtar Renews Lease at 125 Newtown Road, Plainview, New York

 

Hunt Awarded Contract to Market 39,250 Square Foot Office Building in Melville, New York

 

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)

Quick Links
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Our Corporate Headquarters
 17 Dupont Street, Suite 4 
Plainview, NY 11803
516-937-1000

 

www.huntcorp.com
COMPARABLE SALES IN THE LAST 12 MONTHS
City Address              Property Type Size SF  Office SFAcres Total  Sold Price/SF   Sold Date  

New Hyde Park

351-355 Denton Avenue

Industrial12,000.30$100.004/1/2013 
Melville

25 Deshon Drive

Industrial Office186,14840,00018$55.063/28/2013 
Bohemia

105 Sunrise Road

Industrial10,000
.55$90.003/12/2013 
Deer Park

160 West Industry Court

Industrial29,0002$42.763/11/2013 
Deer Park

110 East Industry Court

Industrial21,6002,4001.01$60.192/28/2013
Farmingdale

994 Fulton Street

Industrial6,3901,200.27$109.552/26/2013 
For more Recent Sales, click here

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