News & Case Studies

The owner of One Commerce Plaza wanted to position the property as one of Albany’s premier business addresses. To make this happen, the owner turned to Carrow Real Estate Services to reduce operating costs, increase tenant satisfaction.

The owner of 99 Pine St., a 100,000-square-foot Carrow managed property in Albany, New York invested in a number of improvements to attract more tenants at a time when the office vacancy rate is climbing in the city’s central business district.

 As flat rent, high vacancy and escalating taxes & operating costs are requiring property owners to become more aggressive in controlling overall building costs, learn more about how to control your energy usage, the 2nd highest cost operating cost for a commercial property.

The Research Foundation of the State University of New York (SUNY) purchased the historic building located at 35 State Street for its corporate headquarters. In 2009, The Research Foundation at 35 State Street, reached out to Carrow Real Estate Services to assist with an efficiency and maintenance initiative for the historic building.