Listen to this article Hicksville-based New York Community Bancorp has agreed to sell about $5 billion in loans to JP Morgan Chase, according to a company statement. The sale of mortgage warehouse loans is aimed at shoring up the institution’s financial profile and boosting its liquidity, according to banking observers. The move was welcomed by…
Listen to this article A Long Islander was sentenced in federal court in Central Islip on Tuesday in a $3 million bank loan scheme, officials said. Gary Confredo, also known as “Gary Conte,” the former operator of Goldstar Financial Management in Commack, was sentenced to 42 months in prison. Confredo, of East Northport, had pleaded…
Listen to this article While expressing disdain for the lengthy approvals process and high cost of doing business here, a panel of retail owners and developers remain generally optimistic about the future of the sector on Long Island. That was the takeaway from the discussion at the Long Island Real Estate Group’s “Evolution of Retail” event Tuesday…
Listen to this article New York State has launched Round XIV of the Regional Economic Development Council Initiative. This year there is $445 million in core capital grant and tax-credit funding for which applicants can apply. Along with programs from eight state agencies, the funding includes $100 million from Empire State Development, which is available…
Listen to this article A Long Island real estate investment and development firm is planning to build a $100 million multifamily residential project in South Carolina. Jericho-based Toro Real Estate Partners acquired 36 acres of land in the Charleston suburb of Goose Creek in Dec. 2023 and has secured approvals to begin the first phase…
Listen to this article In an effort to build New York State as a leader in artificial intelligence, Gov. Kathy Hochul said she is fostering initiatives that would advance “responsible research” for the public good at state universities, including the State University of New York at Stony Brook. Through the state’s Empire AI initiative, a…
Listen to this article Peconic Land Trust announced it has assisted in the preservation of 23.54 acres of farmland in Wading River. The effort involved the cooperation of farmers Ginny and John Condzella and brothers John and Bill Zoumas and included , according to a Peconic Land Trust statement. The trust acquired a conservation easement funding…
Tuscany on the North Fork Located on bucolic Oregon Road, in the heart of wine country. This homestead has 2 acres of vines and incredible vineyard views, a large agricultural barn and is surrounded by development rights sold land. A true chef’s kitchen, 4 spacious bedrooms, 4 bathrooms, 2 half baths, 2 laundry rooms, large…
Summer calls for outdoor entertaining. “Outdoor living spaces have evolved from mere extensions of indoor areas to spaces designed purposefully for entertaining,” says Aino Heinasuo, Head of Design for Redecor. Think outdoor kitchens, pizza ovens, comfortable seating, indoor/outdoor fabrics and rugs, unbreakable tableware. Top iT OffOne-of-a-kind Porcelain collection by Caesarstone countertops are UV, stain, heat,…
In recent years, the concept of wellness has extended beyond traditional practices like yoga and meditation to encompass various aspects of our daily lives. The bathroom, once a purely functional space, has evolved into a sanctuary for relaxation and self-care. The latest trends in wellness for the bath emphasize holistic well-being, incorporating elements that promote…