With this type of commercial property, likely the most important aspect you will want to consider is the environmental aspect.

I worked as an environmental contractor in two LARGE manufacturing facilities.

Toledo is now ranked the #1 city for environmental sustainability and the apartments that have just been built downtown have reported low vacancy rates.

There is so much red tape from permits, codes, zoning, engineering, environmental approval, etc.I wonder if it is by design or if our delegates are living in a bubble.

Fannie/Freddie and HUD will not buy loans with Environmental Hazards because Environmental problems are a far greater source of loss to lenders than fire or title risks because when the property becomes hazardous, its value plummets and if the borrower defaults, the lender could be responsible for costly clean-up fees, third party damages, or legal fees from town violations.

The rules are different,  quebec ,are though in environmental rules. permit are not complicate the city hall will support you .its very expensive land over there.they are more into condo building than apartments. loan system is shorter and go with arms

There could possible be a lot of b.s about selling the trees and the property have some sort of environmental protection for the trees.

If you think the prices are too high to buy an existing building in Brooklyn, you won't find the prices for knockdowns any better because they often come with environmental issues, removal snags, and then plans, permitting for new construction is very difficult.

First is environmental, as lenders have been tied into environmental cleanup costs in some instances.

I care a lot about my clients and I also donate 10% of my earning to environmental and social causes. www.dogoodre.com