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Month: October 2020

Bay Street buys Sag Harbor retail site for new theater complex

The 15,000-square-foot building on .67 acres known as Water Street Shops currently has eight retail spaces and four office suites.
Author Long Island Office LeasingPosted on October 31, 2020Categories Blog, Uncategorized

Stop & Shop opens new Woodmere store

The 66,000-square-foot store at the Five Towns Shopping Center at 253-01 Rockaway Blvd. takes the place of a shuttered Kmart store.
Author Long Island Office LeasingPosted on October 31, 2020Categories Blog, Uncategorized

Cedar Realty Trust approves reverse stock split

Cedar’s board of directors approved a plan for a 6.6 for 1 reverse common stock split, which will be completed by the end of the year.
Author Long Island Office LeasingPosted on October 31, 2020Categories Blog, Uncategorized

Long Island engineering pioneer Bob Nelson dies

Nelson first founded the firm bearing his name in 1954 as Rizzo, Nelson and Associates in Plainview. The firm relocated to Melville and in 1970 became known as Nelson & Pope.
Author Long Island Office LeasingPosted on October 30, 2020Categories Blog, Uncategorized

Garvies Point project to get brewery and restaurant

The new Garvies Point Brewery & Restaurant will feature a restaurant, bar, tasting room, indoor and outdoor seating and an upper mezzanine level for private events.
Author Long Island Office LeasingPosted on October 27, 2020Categories Blog, Uncategorized

Developer remaking Carle Place industrial property

The 60,000-square-foot warehouse is on 4.05 acres.
Author Long Island Office LeasingPosted on October 27, 2020Categories Blog, Uncategorized

September existing home sales climb 9.4%, highest since ’06

Sales of existing homes climbed 9.4% in September, the National Association of Realtors said Thursday, the latest sign that the housing market remains red hot despite the coronavirus pandemic.
Author Long Island Office LeasingPosted on October 23, 2020Categories Blog, Uncategorized

US long-term mortgage rates hit new low; 30-year at 2.80%

U.S. long-term mortgage rates slipped this week as the key 30-year loan marked a new all-time low for the 11th time this year.
Author Long Island Office LeasingPosted on October 23, 2020Categories Blog, Uncategorized

Affordable housing developer closes on giant equity deal

San Francisco-based Belveron Partners acquired a controlling interest in Conifer Realty, which includes 15,340 housing units in 194 communities located in New York, New Jersey, Pennsylvania and Maryland.
Author Long Island Office LeasingPosted on October 23, 2020Categories Blog, Uncategorized

US long-term mortgage rates fall to low; 30-year at 2.81%

U.S. long-term mortgage rates fell this week as the key 30-year loan reached a new all-time low for the tenth time this year.
Author Long Island Office LeasingPosted on October 16, 2020Categories Blog, Uncategorized

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