Office Space for Lease Schenectady, NY

426 State Street Schenectady, NY 12305

426 State Street, Schenectady, NY, 12305
Office Space for Lease
426 State Street, Schenectady, NY, 12305
FOR LEASE
Property Type:
Multi Tenant Office
Last Verified:
Apr 03, 2020

Map of 426 State Street, Schenectady, NY, 12305

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.