Month: January 2020

U.S. long-term mortgage rates continued to fall this week, breaching already historically low levels and offering an incentive to potential homebuyers.

The proposed redevelopment of the 26.4-acre site features 425 rental apartments with neighborhood retail and office space.

Bel Breeze Real Estate in Miller Place and Ford Phase II Realty in Floral Park will be folded into the Coach chain.

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.

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.

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.

The three highest-priced home sales in Syosset last month ranged from $1.02 million to $1.38 million.

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.

The three highest-priced home sales in Sea Cliff last month ranged from $520,000 to $965,000.

JC Penney is the seventh-largest tenant at the Green Acres Mall, occupying just under 100,000 square feet.