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 A retail property in East Setauket has sold for $17.25 million.  Brixmor Property Group, a publicly traded real estate investment trust, purchased the 41,720-square-foot retail complex on 4.03 acres at 198-250 Route 25A.  Known as West Shopping Center, the property is fully occupied.  The sale price equates to a 7.2 percent…

Listen to this article Tritec Real Estate will hold a ribbon-cutting ceremony for its 418-unit Shoregate development in Bay Shore later this month.  The event, scheduled for 2:30 p.m. on Tuesday, May 21, takes place at the transit-oriented development at 143 4th Ave., located a block from the Bay Shore Long Island Rail Road station. …

Listen to this article The Long Island market, which had lagged behind last year’s numbers in the first quarter, rebounded somewhat in April.  Despite a jump in mortgage rates, last month saw a rise in pending home sales, an increase in listings and record high prices of closed home sales.  There were 2,266 homes contracted…

When searching for a home on Long Island, you will likely come across several different types of heating systems. With various options available, each with its own set of benefits, it’s crucial to understand the primary types of home heating systems to make an informed decision. Let’s explore some of the most common heating systems…

Listen to this article After acquiring six industrial properties on Long Island over the last two-and-a-half years, Metropolitan Realty Associates has put the portfolio on the market, according to real estate industry sources.  In 2021, MRA, led by founder and CEO Joe Farkas, raised $50 million of equity with Angelo, Gordon & Co. for a strategic fund…

Does the very idea of home staging make you feel uncomfortable? If you are selling a home for the first time, it might bring visions of interior decorators stripping your home completely and filling it with expensive rental furniture. Nothing is wrong with that if you aren’t living in the house while you go through…