Author Archives: Stephen R. Preuss

The Commercial Real Estate Report
The Commercial Real Estate Report

Stephen R. Preuss joined the Queens office as a Director of Sales. In his first year, he was named recipient of Massey Knakal’s 2007 Richard Marcinko Award for Tenacity, Loyalty and Single-Mindedness of Purpose in the Pursuit of Excellence in Queens. In 2008, he won the same award, this time recognizing his efforts company wide. In 2009, he won the Queens Nicholas T. Donovan PIER Award representing Overall Values. In 2011 and then again in 2013, Stephen was presented with the Queens Annual Nicholas T. Donovan PIER Award representing Overall Values. He was named a Powerbroker by CoStar for 2013. Stephen is now currently a Vice President of Sales and Associate Broker in the Queens office.

A graduate of Florida Atlantic University, Mr. Preuss obtained his business degree in Finance. He began his career as an Apprentice to Fred Johnson and went on to become the vice president of Johnson Financial Corp., where he was responsible for new client acquisition and conducting portfolio analysis for high net-worth individuals. Mr. Preuss also has vast experience in the franchising industry with past area franchisee rights with Quiznos Restaurants along with previously holding the New York franchise rights for QD International, the first and largest eBay & Shipping drop-off store franchise. Mr. Preuss owned and operated 15 retail stores in New York along with overseeing 100+ stores nationwide while acting as the executive vice president of QD International.

Throughout his career, Mr. Preuss went on to gain his Series 7 and Series 63 licenses from the National Association of Securities Dealers. He has also been featured on regional and national television and in print including FOX, CBS, Newsday, The New Yorker, the New York Post, The New York Times and Real Estate Weekly.

To reach him and his listings visit http://masseyknakal.com/listings/SPreuss.

What the possible upzoning for western Flushing means


| spreuss@queenscourier.com

THE COURIER/Photo by Angy Altamirano

It has been recently announced that the Department of City Planning will be launching a study of western Flushing for the possibility of increased residential development, as The Courier recently reported. Western Flushing has been on many developer, investor and real estate mogul’s radars for several years, but due to the industrial zoning the land […]

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Chinese to lead the NYC real estate investment race?


| spreuss@queenscourier.com

Since 2012, the Chinese government has allowed its insurers to invest a larger sum of money in foreign real estate. This year, the rule has been altered, increasing the monetary threshold on outbound investments from a $30 million minimum to a $1 billion threshold. Chinese investment in 2013 amounted to $16 billion, and this year […]

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Lack of industrial product in Queens increases value  


| spreuss@queenscourier.com

THE COURIER/Photo by Liam La Guerre

The stock of industrial and warehouse space in Queens has become increasingly unavailable through this past year. Recently featured in the news is the gain in both sales and rentals Long Island is experiencing due to this lack of product in the Queens marketplace. According to the Wall Street Journal, Nassau County saw a 133 […]

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Queens leads the outer boroughs in hotel expansion and development


| spreuss@queenscourier.com

Outside of NYC, Queens has become the top borough in hotel expansion with a total 10,489 hotel rooms as opposed to just 3,986 hotel rooms in Brooklyn.  Particularly Long Island City has seen the most action but development has “dominoed” into northern Queens and the surrounding areas of the NYC airports. Long Island City is […]

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Flushing market driving expansion in Northern Queens


| spreuss@queenscourier.com

For years Flushing has been a real estate mecca but recently it has become a main target for foreign investors outside of Manhattan. Flushing offers lower prices than Manhattan, with high density and great small business national credit potential.  Retail in Flushing has become not only competitive but has served as the basis for expansion […]

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1st quarter 2014 NYC property sales proves to be one of the strongest ever…


| spreuss@queenscourier.com

As predicted, sales activity in 2014 has started off with a bang. NYC sales activity in the first quarter of 2014 was the strongest since 2007.   The first quarter statistics for New York City are as follows:  Total Dollar Volume:              $13.3 Billion, annualized:  $53.1 Billion Up 39 percent from 2013 Properties Sold: 1,254, annualized: […]

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