Listen to this article The developer of a proposed residential community at a shuttered and long-vacant golf course in Sayville is taking another swing at the project. Rechler Equity Partners has unveiled a revised concept for housing at the 114-acre site of the former Island Hills Golf Course, which closed in 2015. The new plan…
Listen to this article Long Island’s healthy supply of office buildings was once an attractive feature of its commercial real estate landscape. Recently, however, market conditions, demographic shifts, and changes in attitudes regarding workspaces have led many to seek conversions of existing office properties for other purposes. JOE YACOBELLIS: ‘Traditional offices are simply less in…
Listen to this article The Feil Organization has completed an extensive capital improvement program at its Garden City office property. The landlord invested about $2 million in the redevelopment effort at Garden City Center at 100 Quentin Roosevelt Blvd. “Today’s marketplace calls for office space that immediately engages tenants from the moment they walk through our…
Exterior of 198-250 Route 25A, East Setauket, NY 1. West Shopping CenterAddress: 198-250 Route 25A, East Setauket, NY 11733Sale Date: April 24, 2024Sale Price: $17,250,000PSF: $413 Dinoffer & Tobias sold the West Shopping Center located in East Setauket to Brixmor West Center LLC. The purchaser also owns the Three Village Shopping center which is located…
Listen to this article Winter racing at Belmont Park will take place exclusively on a synthetic surface when the New York track reopens in 2026, a move made with the hope of keeping horses and jockeys safer and improving year-round conditions when also running on dirt and turf. The New York Racing Association unveiled its…
Listen to this article The Town of Brookhaven Industrial Development Agency has closed on a package of economic incentives for the developers of a new apartment project in East Patchogue. R Squared Patchogue LLC, an affiliate of Plainview-based Rechler Equity Partners, is developing a 91-unit apartment complex called Greybarn Patchogue. The $46.7 million project is…
Listen to this article Two owners of businesses on Long Island were sentenced last week for stealing more than $1 million in sales tax money from New York State, according to a statement from the Suffolk County District Attorney’s office. West Islip resident Brian Soltan, owner of several East Islip auto body businesses, had pleaded…
Listen to this article Jovia Financial Credit Union has formed a new cybersecurity division. Cyganix, the just-launched cybersecurity and cyberliteracy arm of the credit union, provides both business and individual members with current information and tools to further protect them from cyberattacks, hacking, phishing, spoofing, data theft and other types of online fraud and identity…
Both of the new Chipotle and Panera Bread restaurants will feature drive-thru windows. Source link
Listen to this article Elected officials and local civic leaders joined developers to celebrate the grand opening of the first phase of a sprawling new rental community in Farmingville last week. The Arboretum at Farmingville, a 292-unit development on 62 acres at 510 Horseblock Road, is a joint venture between BRP Companies and funds and…