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US mortgage rates tick up this week, 30-year reaches 3.49%
News 14 hours ago
US mortgage rates tick up this week, 30-year reaches 3.49%

/ / / U. S. mortgage rates rose slightly this week but they remain far below year-ago levels, which has provided a boost to home sales. Mortgage...

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Jeff Bezos commits $10 billion to fight climate change
News 3 days ago
Jeff Bezos commits $10 billion to fight climate change

Amazon founder Jeff Bezos said Monday that he plans to spend $10 billion of his own fortune to help fight climate change. Who should pay the real...

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Texas firm buys Farmingdale property
News 3 days ago
Texas firm buys Farmingdale property

Calvert Family Daniel Street LLC, an affiliate of Colleyville, Texas-based Calvert Family Holdings, purchased a commercial property in Farmingdale...

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Some worry if New York’s coming plastic bag ban is enough
News 3 days ago
Some worry if New York’s coming plastic bag ban is enough

New York retailers have begun giving up single-use plastic bags as the state prepares for the March 1 implementation of a ban aimed at reducing...

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Deer Park office property sells for $2.4M
News 1 week ago
Deer Park office property sells for $2.4M

A Long Island-based real estate investment firm has purchased an office building in Deer Park for $2.4 million. The five-story, 22,145-square-foot...

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Court puts hold on controversial portion of new rental law
News 1 week ago
Court puts hold on controversial portion of new rental law

Part of a new state rental law that switches the payment of commissions to landlords instead of tenants has been put on hold by a State Supreme...

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Fairfield Properties acquires North Babylon rental complex
News 1 week ago
Fairfield Properties acquires North Babylon rental complex

Fairfield Properties, Long Island's largest owner of rental apartments, has added to its growing multifamily portfolio with the purchase of a North...

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Ahead of plastic bag ban, grocer offers free reusables
News 2 weeks ago
Ahead of plastic bag ban, grocer offers free reusables

The plastic ban in New York State takes effect on March 1. But one grocery chain says it will offer free reusable bags beginning Feb. 22. That's...

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Middle Island commercial complex sells for $5.3M
News 2 weeks ago
Middle Island commercial complex sells for $5.3M

A group of commercial buildings in Middle Island has sold for $5.3 million. Kings Park-based Steven Dorf Properties purchased the 4.8-acre property...

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Denny’s to hold warehouse sale at Westbury mall
News 2 weeks ago
Denny’s to hold warehouse sale at Westbury mall

Rendering of Samanea New York in Westbury. Apparel retailer Denny's Fashion will hold its annual warehouse sale at the Samanea New York Mall in...

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Long Island firm brokers sale of Florida retail property
News 2 weeks ago
Long Island firm brokers sale of Florida retail property

A Brooklyn-based real estate investment company has purchased a retail property in Florida for $2.511 million in a deal brokered by a Long Island...

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Mall owners among group bidding $81 million for Forever 21
News 2 weeks ago
Mall owners among group bidding $81 million for Forever 21

A consortium of buyers, including mall owners Simon Property Group and Brookfield Property Partners, is bidding $81 million for Forever 21, the...

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The big winners of Nassau’s first downtown redevelopment competition
News 2 weeks ago
The big winners of Nassau’s first downtown redevelopment competition

Nassau County is awarding $1 million for downtown redevelopment projects to seven municipalities. It's the county's first transit-oriented...

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Town accepting applications for Homestead Senior Apartments
News 2 weeks ago
Town accepting applications for Homestead Senior Apartments

Applications are now open for the Homestead Senior Apartments at 252 Grand Street in Westbury. Applications must be submitted to the Town of North...

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Coach Realtors acquires two brokerage firms
News 3 weeks ago
Coach Realtors acquires two brokerage firms

Northport-based Coach Realtors has acquired two boutique residential brokerage firms. Coach acquired Bel Breeze Real Estate in Miller Place and...

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Inked: Recent LI real estate deals
News 3 weeks ago
Inked: Recent LI real estate deals

Cosentino LLC purchased a 1,534-square -foot commercial office condominium the Lakeland Office Condominiums at 3505 Veterans Memorial Highway Suite...

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No space to waste
News 3 weeks ago
No space to waste

With the high cost of real estate, not all companies can afford to take as much office space as they want. But small spaces present design...

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Growth mode
News 3 weeks ago
Growth mode

If law or accounting is your thing, this is a good time to look for a job on Long Island. In this arena, firms are aiming for growth and are hiring...

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Court filings: Belmont arena plan hatched long before RFP
News 4 weeks ago
Court filings: Belmont arena plan hatched long before RFP

A 2016 draft master plan from NYRA for Belmont Park included an arena for the Islanders. An Islanders arena as the cornerstone of a massive...

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Port Jefferson Station office property sells for $4.5M
News 1 month ago
Port Jefferson Station office property sells for $4.5M

A Long Island real estate investment firm purchased an office building in Port Jefferson Station for $4.5 million. PJ7 LLC, an entity registered to...

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Amazon distribution center planned for Carle Place site
News 1 month ago
Amazon distribution center planned for Carle Place site

Developers are planning to convert a former retail site in Carle Place into a distribution center for Amazon. The 7.4-acre site at 2 Westbury Ave....

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Garden City retail property sells for $6.6M
News 1 month ago
Garden City retail property sells for $6.6M

A retail property adjacent to the Roosevelt Field mall has sold for $6.6 million. The 8,893-square-foot building on 2 acres at 600 Garden City...

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Two law firms focusing on real estate taxation merge
News 1 month ago
Two law firms focusing on real estate taxation merge

Two law firms focusing on real estate taxation have merged. Herman Katz Cangemi & Clyne, with offices in Melville and Manhattan, joined forces with...

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Inked: Recent LI real estate deals
News 1 month ago
Inked: Recent LI real estate deals

JCK 3 Properties purchased a 9,938-square-foot office condominium at 140 Adams Ave. in Hauppauge for $1.9 million. Rich Fierro of Universal Land...

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US long-term mortgage rates fall to lowest level in 3 months
News 1 month ago
US long-term mortgage rates fall to lowest level in 3 months

U. S. long-term mortgage rates fell this week to their lowest level in 13 weeks, as financial markets roiled by U.S.-Iran conflict pushed investors...

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Newsmakers of the year: Real Estate
News 1 month ago
Newsmakers of the year: Real Estate

Several real estate developments, both big and small, moved forward in 2019, as the year saw significant progress for mixed-use and residential...

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The place to be
News 1 month ago
The place to be

Big Snow American Dream, a 16-story ski and snowboard park, opened at a new New Jersey megamall this month, shining a spotlight on ways shopping...

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Nonprofits forecast: The difficulties with doing good
News 2 months ago
Nonprofits forecast: The difficulties with doing good

REBECCA SANIN: 'Long Island has changed and we need to keep our fingers on the pulse of that change in order to effectively serve our neighbors.'...

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Building on the future: An update on LI’s biggest projects
News 2 months ago
Building on the future: An update on LI’s biggest projects

When it comes to developing anything on Long Island, it can take years from concept to completion. And when it comes to creating transformative,...

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Tenants sought for new Huntington retail project
News 2 months ago
Tenants sought for new Huntington retail project

The developer of a new retail project rising on a long-vacant parcel in Huntington is seeking tenants for the property. The 3,400-square-foot...

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