Blog: Stephen R. Preuss

Stephen R. Preuss

Stephen R. Preuss is Director of Sales for Massey Knakal. Massey Knakal is a diversified real estate company, exclusively representing owners in the sale, retail lease and/or financing of their properties. Mr. Preuss has been recipient of several awards for his excellence in the real estate field.

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.

Mr. Preuss is a member of the International Council of Shopping Centers (ICSC), the Real Estate Board of New York and sits on the North Shore Lions Club Real Estate Board’s Political Action Committee.

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

Optimism in sight for the Rockaways
Stephen R. Preuss Stephen R. Preuss 5/22/2013 at 9:01PM

Seven months post Hurricane Sandy communities are still in recovery.  An especially devastated area, the Rockaways have suffered great damage and remains uncertain of what’s to come.  What can the once thriving shore destination expect for the year to come?  Amongst all the destruction and debris, Rockaway residents have something to look forward to. The [...]

MLS stadium coming to Queens?
Stephen R. Preuss Stephen R. Preuss 5/08/2013 at 2:53PM

The most recent updates on the proposed MLS soccer stadium in Queens showed much disinterest from each of the mayoral candidates. The main concern being the lack of guarantee of where the parkland will be restored, which has been an issue with past development projects. Although most news has been reporting what seems like negative [...]

Historically low rates expected to increase by end of 2013
Stephen R. Preuss Stephen R. Preuss 4/25/2013 at 5:40PM

Interest rates are at all-time lows and are expected to stay low through most of this year.  However, toward the end of 2013, most experts believe that rates will begin to increase demonstrating now is the time to take advantage of the market. The Federal Reserve has been implementing an aggressive monetary policy to keep [...]

1st Quarter 2013 NYC property sales slow down but exceed expectations
Stephen R. Preuss Stephen R. Preuss 4/18/2013 at 3:37PM

As predicted, the spike in sales activity at the end of 2012 has led to a slowdown in activity thus far in 2013. However, the number of buildings sold and dollar volume has exceeded expectations, showing a positive sign for the market in the remainder of 2013.   The first quarter statistics for New York [...]

NYC retail property demand continues to increase in 2013
Stephen R. Preuss Stephen R. Preuss 4/04/2013 at 2:55PM

The retail property market has fluctuated between 2009 and mid-2011. However, from mid-2011 through 2013, the demand for retail property has seen a rather aggressive upswing with the number of retail listings available fallen over the past couple of months. According to Loopnet (an online commercial real estate listing service), with an exceptional slight dip in demand in [...]

Multifamily apartment building frenzy continues
Stephen R. Preuss Stephen R. Preuss 2/26/2013 at 2:56PM

In the 2012 calendar year, it is evident that there has been a further decrease in capitalization rates from 2011. Since 2011, the cap rate compression has bounced back strongly with the multifamily marketplace holding the highest demand in Queens.  Overall in the Northern Queens area, the commercial and investment property markets saw a 25% [...]

2012 year in review: Northern Queens real estate
Stephen R. Preuss Stephen R. Preuss 1/12/2013 at 2:38PM

The year of 2012 was an overall positive environment for the commercial sales marketplace.  Activity, pricing, sales volume, lending and just about any other relevant metric increased from the year before and greatly increased from the previous several years.  The driving forces of the overall demand was the steady lack of available product throughout the [...]

2012 year in review: College Point, Whitestone real estate
Stephen R. Preuss Stephen R. Preuss 1/12/2013 at 2:33PM

The year of 2012 was an overall positive environment for the commercial sales marketplace.  Activity, pricing, sales volume, lending and just about any other relevant metric increased from the year before and greatly increased from the previous several years.  The driving forces of the overall demand was the steady lack of available product throughout the [...]

2012 year in review: Bayside, Little Neck, Douglaston real estate
Stephen R. Preuss Stephen R. Preuss 1/12/2013 at 2:30PM

The year of 2012 was an overall positive environment for the commercial sales marketplace.  Activity, pricing, sales volume, lending and just about any other relevant metric increased from the year before and greatly increased from the previous several years.  The driving forces of the overall demand was the steady lack of available product throughout the [...]