Listen to this article A Hofstra University alumnus has left $35 million to fund undergraduate scholarships for students attending the Frank G. Zarb School of Business, the university announced Friday. The gift is from Charles Frei, from the university’s class of 1955, who died in October of 2022. It marks the largest gift towards undergraduate…
Listen to this article At a sentencing in federal court in Central Islip Thursday, a Chinese business owner who had residences in Old Westbury and Manhattan, was ordered removed from the United States, having already pled guilty in connection to illegal straw donations and other fraud schemes, officials said. Hui Qin, who had pleaded guilty…
Listen to this article A global investment firm has closed on its acquisition of a parcel of vacant land in Yaphank where it plans to develop a $45 million logistics center. Ares Industrial Real Estate Income Fund (AIREF), a subsidiary of Ares Management Corporation, purchased 25.6 acres of industrial-zoned land for $12.6 million. The wooded…
Spring bounce in Long Island housing market as prices soar April saw a rise in pending home sales, an increase in listings and record high prices of closed home sales. May 7, 2024 Source link
Listen to this article Canon U.S.A., headquartered in Melville, has announced a new partnership with the Ryan Seacrest Foundation. In this partnership, Canon is delivering digital equipment such as lenses, cameras and printers to Seacrest Studios, which are located at 14 pediatric hospitals, including one on Long Island. The foundation, a non-profit 501(c)(3) organization, aims…
Squatters’ rights, dating back to medieval England, have found their place in New York’s legal framework, granting occupants certain protections. The NY Post reports a 20% rise in squatting cases in NYC over the past two years, largely due to these rights. For New York property owners, understanding what are squatter’s rights is crucial, particularly…
Listen to this article Tanger Outlets Riverhead is adding a new recreation facility to its roster of tenants. Pickleball Smash-It will be opening in an 8,000-square-foot space next to the Columbia outlet store at the Riverhead retail complex. This will be the second Long Island location for Pickleball Smash-It, following the 11,125-square-foot facility the brand opened at…
Listen to this article Technology has revolutionized our lives, offering unprecedented levels of connection, convenience and security. From social media and GPS tracking to shared calendars and home surveillance systems, these advancements streamline communication, monitor loved ones and provide peace of mind. However, in some relationships, instead of offering convenience and security, technology becomes a…
Listen to this article In Lake Success, Northwell Health’s Cancer InstituteCe’s nter for Genomic Medicine has opened a $3.2 million Molecular Diagnostics Laboratory, or MDL. The 2,800-square-foot facility is designed to identify targeted cancer therapies. Northwell said that the lab will enhance the ability to accurately diagnose and provide a prognosis for cancer patients. The…
Listen to this article When New York State passed the Marijuana Regulation and Taxation Act (MRTA) in 2021, entrepreneurs in the cannabis industry seized on the long-awaited opportunity to open retail cannabis shops on Long Island. But even after the approval of hundreds of adult-use cannabis licenses across the state so far, only two dispensaries…