We will continue to see recovery in the Long Island commercial office space market attributable to overall improvements in the economy. I can't say that it will be a 'landlord's market' in 2014, but we are seeing the pendulum start to swing slightly in favor of landlords as it relates to lease terms and as compared to the last few years. I also anticipate continued strength in multifamily properties in markets with strong demographics, including secondary and tertiary markets.
What are your resolutions for 2014?
"We have one of the strongest platforms for ownership and management of suburban commercial office and multifamily properties, and these platforms are very scalable. I resolve to continue our focus on growing both platforms in those markets in which we've developed significant expertise." said Craig Koenigsberg ( http://www.zoominfo.com/
About CLK Properties
A Record of Continual Expansion
Founded in 1980 by the father-son team of Maynard and Craig Koenigsberg, CLK has grown into one of the nation’s largest real estate investors and operators with a diverse portfolio of multifamily and commercial properties. Today, CLK has more than 95 assets in 31 cities, with over 22,000 residential units and over 2.5 million square feet of commercial space. Our property management divisions employ over 400 people.
The Foundation for Success
The ability to identify exceptional opportunities and capitalize on them quickly is the foundation of our success. We are known in the industry for making smart acquisitions by applying our in-depth market knowledge and rigorous due diligence protocols. Our experience and resources enable us to complete transactions expeditiously, to the satisfaction of all involved. And by actively managing all the properties we own, we ensure that they continue to deliver on project goals