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Oceanside retail center sells for $3.95M
News 2 months ago
Oceanside retail center sells for $3.95M

A retail center in Oceanside has traded for $3.95 million. Real estate investor Randy Mohabir purchased the 10,500-square-foot building on.90 acres...

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LI has other health concerns besides coronavirus
News 2 months ago
LI has other health concerns besides coronavirus

Before the coronavirus, Long Islanders biggest concerns were about cancer, drug and alcohol abuse and obesity. That's according to the results from...

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West Babylon industrial property sells for $2.4M
News 2 months ago
West Babylon industrial property sells for $2.4M

Striker Sheet Metal has purchased an industrial property in West Babylon for $2.4 million. The company acquired the 13,277-square-foot industrial...

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Farmingdale industrial property fetches $9.2M
News 2 months ago
Farmingdale industrial property fetches $9.2M

An industrial property in Farmingdale has sold for $9.2 million. Eastern Empire Holding, a distributor of housewares and related products,...

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Hauppauge data center properties sell for $10.5M
News 3 months ago
Hauppauge data center properties sell for $10.5M

Two Hauppauge properties formerly used as data centers by Thomson Reuters have sold for $10.5 million. Dunkirk Realty, a Plainview-based real...

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New York-area construction starts on the rise
News 3 months ago
New York-area construction starts on the rise

The number of New York-area residential construction starts increased in January, as compared with a year ago. There were more than $3.01 billion...

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Long Island apartment complex sells for $232.5M
News 3 months ago
Long Island apartment complex sells for $232.5M

A sprawling 915-unit apartment complex in East Patchogue, one of the largest on Long Island, has sold for $232.5 million. New Brunswick, N. J....

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US mortgage rates decline; 30-year loan at 3.45%
News 3 months ago
US mortgage rates decline; 30-year loan at 3.45%

U. S. long-term mortgage rates declined this week as growing concern over the economic impact of China's viral outbreak spurred a steep downturn in...

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Moritt Hock & Hamroff adds new practice group
News 3 months ago
Moritt Hock & Hamroff adds new practice group

Moritt Hock & Hamroff added a new practice area within its real estate group with the addition of three attorneys. Moritt Hock & Hamroff added a...

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Amazon opens cashier-less grocery store
News 3 months ago
Amazon opens cashier-less grocery store

In this Feb. 21, 2020 photo, a sign tells shoppers how to check in when they enter an Amazon Go Grocery store set to open soon in Seattle's Capitol...

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Costello’s Ace Hardware acquires a store in Maryland
News 3 months ago
Costello’s Ace Hardware acquires a store in Maryland

Costello's Ace Hardware announced this week that it has acquired a store in Cockeysville, Md. The Deer Park-based family-owned retail company,...

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Ones to Watch: Real Estate, Architecture, Engineering & Construction
News 3 months ago
Ones to Watch: Real Estate, Architecture, Engineering & Construction

Ones to Watch in for February 21, 2020. What is your favorite Girl Scout Cookie? Joe Dowd: New rental law should be wake-up call for Long Island...

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US mortgage rates tick up this week, 30-year reaches 3.49%
News 3 months 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 months 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 months 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 months 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 3 months 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 3 months 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 3 months 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 3 months 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 3 months 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 3 months 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 3 months 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 3 months 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 3 months 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 4 months 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 4 months 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 4 months 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 4 months 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 4 months 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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