After extensive research, and as the trend became more commonplace, I received inquiries from clients about making their retail buildings "green." In the past five years, green build out has equalized the cost of a regular build-out due to the increased use of sustainable and recycled products.

For W&M Properties at the Lincoln Building, we completed a 3,000 s/f office build-out with nine separate offices, conference room, new pantry and upgraded plumbing and electrical systems.

ACC recently completed the $18.5 million renovation of the Heart Center at Stony Brook University Hospital, which included a laboratory build-out in addition to the renovation of the Heart Center.

"Although we conducted a citywide search for our client, who had no specific desire to be situated Downtown, the quality of the building at 44 Wall Street combined with the government incentives associated with moving to this building, and the fact that the space offered a multimillion dollar high-tech luxury build-out left by the previous tenant, convinced TitleVest to commit to the building," said Shapses.

The work signals long-term growth, whether through renovating existing space to accommodate additional personnel, upgrading existing spaces with high-end finishes, or the full build-out of newly leased space.

Two build-outs were installed in the road in 2017 funded by Section 106 money from the development of Kings Lodge, a home for the elderly, as part of a condition for the development.

The loan included a fixed rate portion and also provides a line of credit at a floating rate for build-outs.

The building is essentially complete, and build-outs are under way.