Listen to this article The number of existing U.S. residential properties purchased by international buyers has dropped to a 15-year low, according to a new report from the National Association of Realtors. There were 54,300 existing homes sold to foreign buyers between April 2023 and March 2024, the lowest since NAR began tracking the stat…
Listen to this article Elected officials, business and labor leaders joined developers in Bellport for a groundbreaking ceremony to mark the start of construction for the $700 million Sunrise Wind project. The event held at the Boys and Girls Club of Bellport on Wednesday officially kicked off construction on the 924-megawatt offshore wind project that…
When navigating the complex world of real estate, you’ll encounter many unfamiliar terms and challenges. One word that often causes confusion and can present a significant hurdle is “contingent.” Whether you’re a first-time home seller or a seasoned property owner, understanding what contingent means in real estate is crucial for a smooth transaction and overcoming…
Listen to this article The new Whole Foods Market at the revamped Huntington Shopping Center opened Wednesday. The 43,916-square-foot store becomes the grocery anchor at the redeveloped retail complex at 350 Walt Whitman Road in Huntington Station. During the opening morning, customers sampled cold brew coffee from Sail Away Coffee Co., muffins from Abe’s and Koyo Berries from Oishii. The…
Listen to this article Inwood-based Empire Car Wash Group has acquired three car wash businesses in a deal valued at more than $21 million. The acquisitions included Ultrasonic Car Wash businesses at 1542 Old Country Road in Plainview, 249-24 Jericho Turnpike in Bellerose, and 255-39 Jericho Turnpike in Floral Park. The deal also included the…
Listen to this article Global firm TenCate has acquired a majority stake in The LandTek Group, a Long Island provider of athletic turf fields. Terms of the deal were not disclosed. Headquartered in the Netherlands, TenCate is a manufacturer, distributor and installer of artificial turf and other surfaces for a variety of sports, including football, soccer,…
Listen to this article A national wellness chain plans to open its first locations on Long Island. Serotonin Anti-Aging Centers has signed a local franchise group to a multi-center development deal to bring the concept to Nassau County. The franchisee entity, called 4theBOYS-med LLC, has an agreement to open six of the anti-aging centers throughout the…
At Laffey Real Estate, our REALTORS® understand the importance of home as a sanctuary. In honor of National Hammock Day, we’re sharing insights on how to incorporate different types of hammocks into your Long Island home, ensuring a perfect blend of comfort and style.
Listen to this article Following the announcement last week that four Stop & Shop supermarkets will be closing on Long Island, at least one shopping center has landed a replacement tenant. Uncle Giuseppe’s Marketplace will take over the 53,000-square-foot space that Stop & Shop will be vacating at the Wheatley Plaza Shopping Center in Greenvale. …
When it’s summer in the city, few things are as satisfying as an iced coffee. They provide a nice dose of caffeine as well as tasty flavors that make them a treat. You’ll find many coffee shops on Long Island serving up the refreshing drinks, and our REALTORS® recommend the following as some of their favorite spots…