COLLAR Real Estate
ReDesign. ReEvaluate. ReCapture.
COLLAR
DESIGN-BUILD
Common Areas Reimagined
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ReDesign. ReEvaluate. ReCapture.
Strategically ReEvaluating & ReDesigning Common Areas of NYC Properties
Common Areas make up about 20-30% of an investment property; lobby’s, hallways, stairways, even basements, yards, rooftops.
That 20-30% is designated as an ‘efficiency’ or ‘loss’ factor, a calculation associated with space that essentially doesn't produce direct income, leading to oversight and disregard for valuable square footage.
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COLLAR views common areas differently.
First Impressions
Efficiency of the Inefficient
First impressions; the entryway, a lobby, hallways - what emotion is evoked?
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On paper, these spaces may represent a “loss” but as we know, real estate is an emotion driving asset. Common areas are the first attribute a potential buyer or renter experiences, setting the tone for the rest of the property.
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COLLAR views common areas as an opportunity to increase property values & revenues while decreasing vacancies and time on the market.
By ReEvaluating and ReEnvisioning common areas, property owners will dramatically improve asset performance while realizing a direct return on investment.
COLLAR | col·​lar
Financial Strategy;
1: To limit risk at a “low cost” and to have some upside profit potential at the same time when first acquiring shares of stock.​
2: To protect a previously-purchased stock for a “low cost” and to leave some upside profit potential when the short-term forecast is bearish but the long-term forecast is bullish.​
Verb; 1a: to take control of.
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