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June  2013 Vol. 4 Issue 11
              
 
Dear Friends,

In my article "The LED Revolution," recently published in the New York Real Estate Journal, I wrote about the new advances in lighting technology and the energy cost savings available. In some applications the savings can be truly astounding, and in others, marginal and perhaps not worth the effort. But there is only one way to find out: An energy audit to help you see just where and how you could save money by upgrading your lighting with LED or other new lighting technology. 
 
If you are receiving this newsletter, we would like to offer you a no-cost lighting audit and savings analysis. My team will walk through your facility, review your electric bills, and come back to you with written report on our estimate of potential savings. Together, let's find out if you can reap the rewards of energy savings that are available today. I invite you to call me to discuss!

"Oh the possibilities!"

David G. Hunt 




LED FAQs
________________________________________
  • What is an LED?
  • How much energy do LEDs save?
  • What are the best applications for LEDs?
  • What colors can LED lights emit?
  • How long will my LED last?
  • Do LED lights have any mercury in them?
  • Why does thermal management matter?
  • Will the price of LEDs come down?
  • What are the advantages of directional lighting?
  • Is the light output from an LED comparable to flurorescent or metal halide?
 
Picking the Right Lease Term         by David G. Hunt

Q:  What do recommend as the right lease term for an office lease?


A:   This is highly dependent on your objectives and the nature of your company.  So let's start with some of the advantages and disadvantages of short and long term leases.

 

  

One the major advantages of leasing office space, as opposed to purchasing a building, is an easy exit strategy.  When the lease is over, you move out without further obligation.  This can be a critical advantage of a short term lease.  Do you have a special project that requires human resources for a year or two?  A short term lease is ideal.  A start-up company that anticipates major growth and need for additional space in a few years is another candidate.  If you have a short-term lease, when the project is finished, or facilities outgrown, the space can easily be shed without substantial cost...more 


HCSI





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39,250 square foot prime offering in Melville, NY

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Companies on the Move
Security Dynamics, Inc. is moving to 217 Knickerbocker Avenue, Bohemia... Sumisho is moving to 1979 Marcus Avenue, Lake Success... VMR Forms is moving to 2061-2069 9th Avenue, Ronkonkoma... Double R Equipment is moving to 90 Thirteenth Avenue, Ronkonkoma... East Coast Capitol Corporation is moving to 25 Melville Park Road, Melville...
What's New at Hunt

Brenner Photo Productions, Inc. Renews Lease in Plainview, New York

 

GenServe, Inc. leases 15,000 square feet in Plainview, New York

 

Macrolease Corporation Leases Space at 185 ExpressStreet, 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)

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516-937-1000

 

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

 Freeport

116-120 Church Street

Industrial21,000.74$45.245/15/2013 
Bohemia

217 Knickerbocker Avenue

Industrial 15,000
1$73.335/13/2013 
Wyandanch

38-42 Wyandanch Avenue

Industrial27,5001,5003$76.364/28/2013 
Farmingdale

69 Allen Boulevard

Industrial10,0002,000
$105.004/23/2013 
Medford

20 Industrial Boulevard

Industrial6,000900.46$93.334/10/2013
Valley Stream

71 South Central Avenue

Office Investment32,000

$77.664/10/2013 
For more Recent Sales, click here

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