May 2016 Vol. 7 Issue 10
Dear Friends,
"The problem with flat roofs is that they are flat!" Thus, I begin my article on maintaining flat roofs AND your sanity. Most commercial buildings on Long Island have flat roofs. (Well, almost flat. Although almost imperceptible, many are slightly pitched.) A flat roof (or nearly flat roof) means that you need to combat a never-ending battle against debris, ponding, blistering, and alligatoring.

You can read more about these issues in my article. Your sanity depends on your recognition of the nature of the beast, and as a result, being fastidious about preventative maintenance. As I explain in my article, problems with a flat roof never go away. They just get worse.

The nice spring weather that has finally returned to Long Island is the perfect time to inspect your roof for winter damage and take whatever corrective action is necessary. Please don't overlook it. It only gets more expensive!

"Oh the possibilities!"
  
David G. Hunt 
Maintaining Flat Roofs & Your Sanity
By: David G. Hunt
  
Q: We spent a significant amount of money to repair the flat roof on our commercial building about four years ago. It is already leaking again. How do we maintain our roof and our sanity?
WHAT'S NEW AT HUNT
  
 

550 Smith Street
Farmingdale, NY
   - NOW FOR SALE OR LEASE -   
20,000 Square Foot Industrial Building 
  
FREE-STANDING INDUSTRIAL BUILDING
COMPANIES ON THE MOVE
  
Montalbano Innovation purchased 226 Middle Country Road, Smithtown...
Powertech Controls purchased 101 Christopher Street, Ronkonkoma...
Petroff leased office space 401 Franklin Avenue, Garden City...
Home Bay Trading purchased 55 Kennedy Drive, Hauppauge...
CurvePay leased office space at 201 Old Country Road, Melville...
Food Authority purchased 430 Wireless Boulevard, Hauppauge...
UCR Steel leased industrial space at 90 Trade Zone Drive, Ronkonkoma...
COMPARABLE SALES IN THE LAST 12 MONTHS

City Address              Property Type Size SF  Office SFAcres Total  Sold Price/SF  Sold Date 
Hauppauge55 Kennedy DriveIndustrial111,227

5.62$73.72
5/13/2016
Deer Park
601 Acorn StreetIndustrial20,0002,0001.4$80.004/7/2016
Glen Cove111-113 Glen StreetOffice7,666

$113.16
4/5/2016
Ronkonkoma
10 Fleetwood Court
Industrial31,8908,680
2.34
$63.50
3/30/2016

Brentwood500 Expressway Drive SouthIndustrial 28,912

2.76$154.783/29/2016
Amityville
175 Dixon AvenueIndustrial
20,250

1.2$72.29

3/28/2016
For more Recent Sales, click here
Commercial Real Estate
An Award-Winning Professional Practice

You have an attorney. You have an accountant. Now you can have a professional real estate advisor!

HUNT provides specialized experience and expertise in the marketing and acquisition of corporate real estate. Unlike traditional real estate brokers, we represent our clients exclusively. 
HUNT - Solving commercial real estate problems since 1973.
  
Follow us on Twitter   Visit our blog   View our profile on LinkedIn