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Month: January 2020

US mortgage rates continue to fall

U.S. long-term mortgage rates continued to fall this week, breaching already historically low levels and offering an incentive to potential homebuyers.
Author Long Island Office LeasingPosted on January 31, 2020Categories Blog, Uncategorized

Town sets hearing on plan to redevelop Sears site in Hicksville

The proposed redevelopment of the 26.4-acre site features 425 rental apartments with neighborhood retail and office space.
Author Long Island Office LeasingPosted on January 30, 2020Categories Blog, Uncategorized

Coach Realtors acquires two brokerage firms

Bel Breeze Real Estate in Miller Place and Ford Phase II Realty in Floral Park will be folded into the Coach chain.
Author Long Island Office LeasingPosted on January 30, 2020Categories Blog, Uncategorized

Expanding pipeline firm acquires Long Island location

Wenonah, N.J.-based Progressive Pipeline Management is establishing its first Long Island location with a $1.6 million purchase of a Deer Park industrial property.
Author Long Island Office LeasingPosted on January 25, 2020Categories Blog, Uncategorized

Hempstead retail strip sells for $2.35M

The 9,500-square-foot center is on .46 acres. Michael Tuccillo and Willie Jalboukh of Marcus & Millichap represented the buyer and the seller in the sales transaction.
Author Long Island Office LeasingPosted on January 24, 2020Categories Blog, Uncategorized

Court filings: Belmont arena plan hatched long before RFP

Emails between the head of the New York Racing Association, officials from Empire State Development and Gov. Andrew Cuomo’s office sent in November 2016, revealed details of an updated master plan for the Elmont horse-racing venue that included an arena for the Islanders.
Author Long Island Office LeasingPosted on January 23, 2020Categories Blog, Uncategorized

Priciest home sales in Syosset

The three highest-priced home sales in Syosset last month ranged from $1.02 million to $1.38 million.
Author Long Island Office LeasingPosted on January 23, 2020Categories Blog, Uncategorized

US home sales soared 3.8% in December

U.S. home sales climbed 3.8% in December, but a record-low inventory of houses on the market has caused prices to surge as affordability is worsening.
Author Long Island Office LeasingPosted on January 23, 2020Categories Blog, Uncategorized

Priciest home sales in Sea Cliff

The three highest-priced home sales in Sea Cliff last month ranged from $520,000 to $965,000.
Author Long Island Office LeasingPosted on January 22, 2020Categories Blog, Uncategorized

JC Penney closing its Valley Stream store

JC Penney is the seventh-largest tenant at the Green Acres Mall, occupying just under 100,000 square feet.
Author Long Island Office LeasingPosted on January 22, 2020Categories Blog, Uncategorized

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