Priciest home sales in Muttontown


Priciest home sales in Muttontown (11753) 

October 2022 

The three highest-priced home sales in Muttontown last month ranged from $1.675 million to $4.299 million. 

The priciest Muttontown home sold in October was a 6-bedroom, 5.5-bath colonial on 2.52 acres at 19 Pen Mor Drive that sold for $4.299 million. It was listed by Angela Dooley and Nicholas Colombos of Compass and sold by Lei Liu of Douglas Elliman Real Estate. 

A 6-bedroom, 5.55-bath colonial on 3.3 acres at 25 Windsor Drive fetched $3 million. It was listed by Thundiyathu Babukutty of Cross Island Realty One and sold by Babukutty and his colleague Mathew Thomas. 

At 14 Heather Lane, a 5-bedroom, 4.5-bath colonial on .54 acres went for $1.675 million. It was listed by Rahul Jaggi and Raj Jaggi of Voro and sold by Nancy Giannone of Coach Realtors. 

Source: OneKeyMLS.com 





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Old Bethpage industrial property trades for $7.512M


182 Bethpage-Sweet Hollow Road Old Bethpage / Google Maps image

November 17, 2022

An industrial property in Old Bethpage has sold for $7.512 million. 

Karp Associates, a Melville-based real estate investment firm, purchased the 48,000-square-foot building on 2.35 acres at 182 Bethpage-Sweet Hollow Road. 

The property is occupied by Skate Safe America, which will continue to operate there. 

Jeffrey Schwartzberg and Jason Miller of Premier Commercial Real Estate represented the buyer, as well as the seller, 55 Motor Ave. Co. LLC, in the sales transaction. 


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Primark opening first LI store at Roosevelt Field


Primark, a global apparel retail chain, will be opening its first Long Island store this week at Roosevelt Field in Garden City. 

The new 44,290-square-foot Primark store is slated to open at 9 a.m. on Thursday, Nov. 17 and will hold a ribbon-cutting ceremony at 10:30 a.m. The space was formerly occupied by Bloomingdale’s Furniture. 

The grand opening event will feature performances by Hip Hop Dreamz and DJ Jessica James, gift card giveaways and holiday-themed dreams. 

Primark offers a wide assortment of clothing for women, men and children, as well as beauty products, housewares and accessories with a focus on affordability. 

Founded in 1969 as Penney’s in Dublin, Ireland, the chain still operates 36 stores there under that original name. Primark now has more than 400 stores across the United Kingdom and Europe. Its new Roosevelt Field location will be Primark’s 14th in the U.S., where it plans to grow to 60 stores within the next five years. The company will soon be opening a second Long Island store at the Green Acres Mall in Valley Stream. 





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Checkers to reopen in Brentwood and Central Islip


Two Checkers restaurants that have been closed since March will be reopening under new ownership. 

Uni LLC, a franchise group headed by Paramjit Josan and Manjit Singh have signed ground leases for the pad sites that have Checkers restaurants at 7 Wheeler Road in Central Islip and 1825 Brentwood Road in Brentwood. 

Each of the restaurants are 1,100 square feet with double drive-thru windows. They were previously operated by a Checkers franchisee who is no longer in business. 

The new franchisees, who operate several restaurant concepts including Checkers sites in Queens, Nassau and Suffolk counties, are investing capital into refurbishing both sites and plan to have a grand opening within the next few months. 

Roger Delisle of Island Associates Real Estate brokered the ground lease transactions. 





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Priciest home sales in Roslyn Heights


Priciest home sales in Roslyn Heights (11577) 

October 2022 

The three highest-priced home sales in Roslyn Heights last month ranged from $871,000 to $2.7 million. 

The priciest Roslyn Heights home sold in October was a 6-bedroom, 5.5-bath colonial on .32 acres at 21 Hemlock Lane that sold for $2.7 million. It was listed by Julia Krispeal and Rachel King of Serhant and sold by Tsin Zee Tsu of Prospes Real Estate. 

A 5-bedroom, 3-bath colonial on .32 acres at 20 Sherwood Lane fetched $1.8 million. It was listed by Maria Babaev of Douglas Elliman Real Estate and sold by Xiaoli Xie of Keller Williams Realty Gold Coast. 

At 192 Garden St., a 4-bedroom, 2.5-bath colonial on .28 acres went for $871,000 in cash. It was listed by Stephanie Marchan and Cheryl Trimboli of Daniel Gale Sotheby’s International Realty and sold by Minoo Pajounia of Lynx Realty. 

Source: OneKeyMLS.com 





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Priciest home sales in Woodbury


Priciest home sales in Woodbury (11797) 

October 2022 

The three highest-priced home sales in Woodbury last month ranged from $1.19 million to $1.79 million. 

The priciest Woodbury home sold in October was a 6-bedroom, 4.5-bath colonial on 1 acre at 322 Anchorage Drive that sold for $1.79 million. It was listed by Ellie Shahmirza of Blackstone Realty and sold by Katria Karimzada of Douglas Elliman Real Estate. 

A 4-bedroom, 2.55-bath colonial on 1 acre at 228 Plainview Road fetched $1.26 million in cash. It was listed by Fran Mazer and Michael Ratner of Compass and sold by Ratner. 

At 41 Irving Drive, a 4-bedroom, 2.5-bath colonial on .23 acres went for $1.19 million in cash. It was listed by Alan Lewis of Daniel Gale Sotheby’s International Realty and sold by Daniel Gale’s Neena Chowdhary. 

Source: OneKeyMLS.com 





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Priciest home sales in Northport


Priciest home sales in Northport (11768) 

October 2022 

The three highest-priced home sales in Northport last month ranged from $1.55 million to $2.05 million. 

The priciest Northport home sold in October was a 5-bedroom, 5-bath colonial on 1 acre at 71 Bevin Road that sold for $2.05 million. It was listed by Lynda Olita of Douglas Elliman Real Estate and sold by Michael Smith of The Agency Northshore. 

A 4-bedroom, 4.5-bath expanded ranch on 1.36 acres at 15 Terry Road fetched $1.95 million. It was listed by Janet Pushee and Bryan Pushee of Coldwell Banker American Homes and sold by Peter Frizalone and Meg Battaglia of Douglas Elliman Real Estate. 

At 561 Asharoken Ave., a 4-bedroom, 3.5-bath cape on 3.25 acres went for $1.55 million. It was listed by Shelley Pierce of Douglas Elliman Real Estate and Jamie Marcantonio of Signature Premier Properties and sold by Marcantonio. 

Source: OneKeyMLS.com 





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Melville retail property fetches $6.7M


437 Walt Whitman Road Melville / Google Maps image

November 4, 2022

A retail strip center in Melville has sold for $6.7 million. 

BLDG Acquisition Corp., a Manhattan-based real estate investment firm, purchased the 11,180-square-foot retail building on .89 acres at 437 Walt Whitman Road. 

The 10-store strip center is fully occupied. 

The sale price equates to a 6.5 percent cap rate. 

Amanda Gordon of Silber Investment Properties represented the buyer, while Adam Silber of Silber Investment Properties represented the seller, AJP Enterprises LLC, in the sales transaction. 


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Study finds first-time homebuyers are fewer and older than ever


The share of first-time homebuyers is fewer and older than ever before, according to a new report from the National Association of Realtors. 

Just 26 percent of U.S. homebuyers in the last year were first-time buyers, that’s down from 34 percent in 2021 and the lowest since NAR began tracking the data. In 2010, 50 percent of homebuyers were first timers, buoyed by the federal First-Time Home Buyer Tax Credit, according to NAR.  

The average age of first-time homebuyers in the last year was 36, which is an all-time high and up from an average age of 33 a year ago, according to NAR. The typical repeat homebuyer’s age climbed from 56 years in 2021 to 59 years this year, also the highest since the data has been tracked. 

“It’s not surprising that the share of first-time buyers shrank to the lowest level ever recorded given the housing market’s combination of historically low inventory, persistently high home prices and rapidly escalating interest rates,” Jessica Lautz, NAR vice president of demographics and behavioral insights, said in a written statement. “Those who have housing equity hold the cards and they’ve fared very well in the current real estate market. First-time buyers are older as a result of saving for down payments for longer periods of time or relying on a generational transfer of wealth to propel them into homeownership.” 

The report also found that people are staying in their homes longer. The median expected home tenure for first-time buyers was 18 years, the highest ever recorded and up from 10 years in 2021. 

Released Thursday, NAR’s 2022 Profile of Home Buyers and Sellers also found that the median distance buyers moved from their previous homes more than tripled from the distance registered the previous four years as the shares of homes purchased in small towns and rural areas reached record highs. 

The median distance between the home that recent buyers purchased and the home from which they moved was 50 miles, that’s more than a three-fold jump from the median of 15 miles from 2018 through 2021. The shares of homes purchased in small towns was 29 percent and rural areas was 19 percent in the last year, both all-time highs. 

“Family support systems still prevailed as a motivating factor when moving and in neighborhood choice,” Lautz said. “For others, housing affordability was a driving factor to seek homes in areas farther away. For many, remote work decisions were formalized in the last year, providing clarity for employees to permanently move to more distant areas.” 

White Americans accounted for 88 percent of all buyers, followed by Hispanic Americans at 8 percent, Black Americans at 3 percent, and Asian Americans at 2 percent, according to NAR. The shares for White and Hispanic Americans increased from a year ago, 82 percent and 7 percent, respectively, while the shares of Black and Asian American buyers declined, both down from 6 percent. 

The median number of weeks that buyers searched for a home was 10, an increase from eight weeks in 2020 and 2021 and homebuyers typically purchased their homes for 100 percent of the asking price, with 28 percent purchasing for more than asking price, according to the NAR report. 





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$54.6M East Northport assisted living project gets IDA help


Sunrise Senior Living has received preliminary approval for economic incentives from the Suffolk County Industrial Development Agency for its planned assisted living project in East Northport. 

Sunrise of Northport LLC plans to build a 90-unit, 77,500-square-foot assisted living and memory care facility on a 6.1-acre site at 1381-1387 Pulaski Road. 

Once completed, the $54.6 million development is expected to generate 68 full-time positions with an average salary of $54,000 within the first two years as well as 150 construction jobs during the development phase of the project, according to an IDA statement. 

There are currently 412 assisted living or memory care units within a 5-mile radius of the East Northport site, while there are more than 9,000 individuals in the area that could benefit from the services to be provided by the proposed facility, the IDA said. 

“The IDA is pleased to support Sunrise of Northport and help provide a needed housing option with supportive services and care for Long Island’s senior population,” Tony Catapano, executive director of the Suffolk IDA, said in the statement. “This project will be a substantial help to those in our region who require specialized care units to maintain their quality of life, while also being a significant tax generator for the region by transforming this vacant piece of property.” 

Sunrise Senior Living began over 41 years ago with a single community developed in 1981. The company has since built and operates more than 273 communities throughout the United States and Canada, including 10 communities on Long Island. 

“The mission of Sunrise of Northport is to create a community in which we empower our residents to live a purposeful life, full of choices and flexibility,” Philip Kroskin, senior vice president of real estate at Sunrise of Northport, said in the statement. “Thanks to the IDA’s assistance, Sunrise will be able to offer a vibrant living alternative for seniors in need of assisted care or retirement living that’s free from household chores and maintenance responsibilities.” 





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Sayville Plaza adds two major retail tenants


Two new tenants will be coming to the Sayville Plaza shopping center in Bohemia. 

Christmas Tree Shops leased about 38,000 square feet at the center and Boot Barn leased about 10,000 square feet. 

For Christmas Tree Shops, which offers housewares, furniture, year-round seasonal décor, party goods, and more, the Sayville Plaza store will be its second Long Island location, joining one in The Arches in Deer Park.  

The Sayville Plaza store for Boot Barn will be the national chain’s first on Long Island and first in New York. The retailer specializes in western wear, work boots, cowboy hats, shoes, outdoor gear and accessories. 

The two new stores join a Sayville Plaza tenant roster that includes Old Navy, Panera Bread, Bed, Bath & Beyond, The Vitamin Shoppe, Chipotle Mexican Grill and F45 Fitness.

Ken Breslin of Breslin Realty Development Corp. represented Christmas Tree Shops and Kyle Rottenberg of Bialow Real Estate represented Boot Barn, while Robert Delavale served as in-house representative for landlord Breslin Organization in the lease transactions. 





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Long Island landlord settles income discrimination complaint


The owner of two apartment communities on Long Island has agreed to a settlement to resolve a complaint of alleged income discrimination. 

New Jersey-based Renaissance Management Group, which owns the 656-unit Renaissance Hills complex in Hauppauge and the 915-unit Renaissance Bay rental community in East Patchogue, has reaffirmed its commitment to preventing discriminatory housing practices, especially as they relate to applicants who are recipients of alternative lawful sources of income, including housing vouchers and other forms of housing assistance payment. 

The agreement with Bohemia-based Long Island Housing Services came after the agency received complaints that the landlord was allegedly discriminating against prospective tenants who wanted to use Section 8 housing vouchers to pay rent, according to an LIHS statement. 

An investigation conducted in 2021 by LIHS, found that management at the two apartment communities were requiring income of twice the monthly rent for people with Section 8 vouchers, which is a violation of the state’s source of income law. In addition, management at the rental properties also said they would not accept the housing vouchers as payment. 

After discussions between the landlord and LIHS, Renaissance Management conducted a comprehensive training for all of their leasing agents concerning housing discrimination prevention; reviewed and reaffirmed that their policies and practices specifically prohibit lawful source of income discrimination; implemented changes to its website and application materials so that prospective tenants are aware of their commitment to limiting discriminatory housing practices; and agreed to display discrimination preventions posters at each facility. 

“Despite source of income discrimination being outlawed in Suffolk County for over a decade, Long Island Housing Services has found that there still is a great deal of work to be done educating housing providers in their duty to accept all lawful forms of income as payment for rent,” Ian Wilder, LIHS executive director, said in the statement.  





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Priciest home sales in Oyster Bay


Priciest home sales in Oyster Bay (11771) 

September 2022 

The three highest-priced home sales in Oyster Bay last month ranged from $850,000 to $1.025 million. 

The priciest Oyster Bay home sold in September was a 3-bedroom, 2.5-bath colonial on .18 acres at 42 Fieldstone Lane that sold for $1.025 million. It was listed by Taryn Peel of Douglas Elliman Real Estate and sold by Yuming Zhao of Voro. 

An 8-bedroom, 3.5-bath colonial on 1.82 acres at 77 Cove Road fetched $885,000 in cash. It was listed by Yolanda Montefusco and Patricia Griesmeyer of Douglas Elliman Real Estate and sold by Fran Covello of Daniel Gale Sotheby’s International Realty. 

At 22 Spring St., a 4-bedroom, 2-bath two-family home on .11 acres went for $850,000. It was listed and sold by Robin Azougi of Douglas Elliman Real Estate. 

Source: OneKeyMLS.com 





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NYC law firm expanding on Long Island


Manhattan-based law firm Meister Seelig & Fein is opening an office on Long Island. 

MSF leased 4,000 square feet of office space at 100 Jericho Quadrangle in Jericho. The law firm will officially open its newest location next month. 

MSF, which has a total staff of 70 attorneys, expects to have 10 to 15 attorneys working out of its new Jericho offices. 

The expansion on Long Island follows the firm’s prior expansions in Stamford, Conn. and East Brunswick, N.J. While the Jericho location will offer more convenience to the law firm’s existing Long Island-based clients, the main impetus for opening offices here grew out of the new work environment brought about by the COVID-19 pandemic, where many have shunned commuting into Manhattan and opt to work closer to home. 

“The talent pool of attorneys who live in Nassau and Suffolk counties is extraordinary. In the post-COVID world, it makes perfect sense to make it easier for great lawyers to hone their skills and build their careers at a dynamic firm that’s close to home,” Matthew Kasindorf, partner and chair of the firm’s Commercial Real Estate Group, said in a company statement. “Through our recent expansions, we are providing a great solution for accomplished and talented lawyers who are facing the challenges of work/life balance. We are extremely excited about the opening of the Long Island office as it will give us the opportunity to attract the best attorneys that Long Island has to offer while providing the superior service that our clients rely on.” 

MSF intends to expand all its major practice areas to its Long Island hub, including commercial real estate, litigation, corporate, tax, intellectual property, estate planning, criminal defense, crisis management, employment and hospitality. 

Brian Lee of Newmark represented MSF, while Andy Newman served as the in-house representative for landlord We’re Group in the Jericho lease transaction. 





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Priciest home sales in Westhampton Beach


Priciest home sales in Westhampton Beach (11978) 

September 2022 

The three highest-priced home sales in Westhampton Beach last month ranged from $1.475 million to $3.76 million. 

The priciest Westhampton Beach home sold in September was a 4-bedroom, 4-bath post-modern on 1 acre at 114 Seafield Lane that sold for $3.76 million in cash. It was listed by Lauren Battista of Brown Harris Stevens and sold by Aimee Martin of Saunders West. 

A 6-bedroom, 5.5-bath post-modern on .64 acres at 124 Beach Road fetched $2.8 million in cash. It was listed by Nicole Weiss and Timothy Morabito of Compass and sold by Ashley Farrell of Corcoran. 

At 10 Jennifers Path, a 4-bedroom, 3.5-bath post-modern on .51 acres went for $1.475 million in cash. It was listed by Steven Rosmarin of Douglas Elliman Real Estate and sold by Matthew Melinger of Brown Harris Stevens. 

Source: OneKeyMLS.com 





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Priciest home sales in Woodmere


Priciest home sales in Woodmere (11598) 

September 2022 

The three highest-priced home sales in Woodmere last month ranged from $1.7 million to $2.75 million. 

The priciest Woodmere home sold in September was an 8-bedroom, 5.55-bath colonial on .31 acres at 930 Tee Court that sold for $2.75 million in cash. It was listed by Mark Lipner of Berkshire Hathaway HomeServices Laffey International Realty and sold by Milka Forst of Milky Forst Properties. 

A 5-bedroom, 3.5-bath colonial on .60 acres at 163 Woodmere Blvd. S. fetched $1.85 million. It was listed by Alissa Lurie of Coach Realtors and sold by Ann Bienstock of Five Towns Miller Realty. 

At 133 Combs Ave., a 7-bedroom, 4.5-bath colonial on .24 acres went for $1.7 million. It was listed and sold by Lisa Scheininger of Realty Connect USA. 

Source: OneKeyMLS.com 





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Priciest home sales in Hauppauge


Priciest home sales in Hauppauge (11788) 

September 2022 

The three highest-priced home sales in Hauppauge last month ranged from $750,000 to $810,000. 

The priciest Hauppauge home sold in September was a 4-bedroom, 2.5-bath colonial on .95 acres at 75 Milmay Ave. that sold for $810,000. It was listed by Carolina Flores, Linda Fonte and Mariely Gonzalez of Maket Match Real Estate and sold by Misshel Beck of Keller Williams Realty Elite. 

A 4-bedroom, 2-bath expanded ranch on .35 acres at 8 Rainbow Drive fetched $785,000. It was listed by Makenzie Moeller of Coach Realtors and sold by Ben Greenspan of Berkshire Hathaway HomeServices Laffey International Realty. 

At 138 Southern Blvd., a 5-bedroom, 3.5-bath colonial on .36 acres went for $750,000. It was listed and sold by Lorna Caridi of Douglas Elliman Real Estate. 

Source: OneKeyMLS.com 





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$30M buys REIT another LI shopping center


After acquiring four Long Island shopping centers late last year, Regency Centers has purchased another. 

The Jacksonville, Fla.-based real estate investment trust bought East Meadow Plaza, an 11.16-acre retail complex at 1900 Hempstead Turnpike for $30 million. The property has 132,332 square feet of retail space and a five-story, 72,816-square-foot office building. The retail portion is 64 percent occupied, while the office building is 51 percent occupied.

At the end of 2021, Regency purchased four Long Island shopping centers from Serota Properties for $130 million. Those included the 90,000-square-foot Wading River Commons on Route 25A in Wading River; the 99,000-square-foot King Kullen Shopping Center on West Merrick Road in Valley Stream; the 45,466-square-foot King Kullen-anchored center on Eastport Manor Road in Eastport; and the 140,000-square-foot Stew Leonard’s Plaza on Front Street in East Meadow, which borders the East Meadow Plaza property. 

Regency plans to reposition East Meadow Plaza by connecting it to Stew Leonard’s Plaza. The new owner’s plans could include razing the existing office building, sources say. 

Built in 1971, East Meadow Plaza was owned by the Weiss family, which runs Kurt Weiss Greenhouses, headquartered in Center Moriches. Wayne Weiss, a company vice president and fourth generation member of the business, said the East Meadow center was once a farm owned by his great grandfather Otto Muller that grew azaleas and other landscaping flora dating back more than 100 years. 

When he was a child, Weiss lived in a farmhouse on the property, which briefly raised chickens during the 1940s to support the war effort. Besides their main location in Center Moriches, the family owns land in Florida, New Jersey, Pennsylvania and about a half-dozen sites on Long Island, which have wholesale greenhouse operations that produce bedding plants, flowers and poinsettia for the Christmas season. 

Besides its most recent acquisitions, Regency already owned several Long Island retail properties, including the 104,616-square-foot center called The Point at Garden City Park; the 141,382-square-foot Lake Grove Commons; the 312,316-square-foot Gallery at Westbury Plaza; and the 52,729-square-foot Hewlett Crossing. The REIT owns more than 400 retail properties totaling more than 58 million square feet in 24 states and Washington D.C.   

The East Meadow Plaza sale was brokered by Kyle Burkhardt, Patrick Ciancimino, Dan Abbondandolo, Joegy Raju and Victor Little of Cushman & Wakefield, who represented seller 1900 Hempstead Tpke LLC. 

“Thanks to our well executed marketing campaign and bid process, we were able to identify the most secure buyer in a very fickle market,” Abbondandolo said. “Regardless of volatile debt markets and rising inflation rates, the asset’s location and reposition potential made this a very accretive acquisition for Regency.” 





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Priciest home sales in Syosset


Priciest home sales in Syosset (11791) 

September 2022 

The three highest-priced home sales in Syosset last month ranged from $1.35 million to $1.825 million. 

The priciest Syosset home sold in September was a 5-bedroom, 3.5-bath colonial on 1 acre at 247 Split Rock Road that sold for $1.825 million in cash. It was listed and sold by Coleen Farraday of Daniel Gale Sotheby’s International Realty. 

A 6-bedroom, 3.5-bath contemporary on .50 acres at 40 Willis Lane fetched $1.521 million. It was listed by Shahzad Qureshi of Pinnacle Real Estate Consulting and sold by Devang Patel of Douglas Elliman Real Estate. 

At 10 Cedar St., a 5-bedroom, 4.5-bath colonial on .28 acres went for $1.35 million. It was listed by Raida Obeidat of Douglas Elliman Real Estate and sold by Douglas Elliman’s Patty Pascullo. 

Source: OneKeyMLS.com 





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Priciest home sales in Brookville


Priciest home sales in Brookville (11545) 

September 2022 

The three highest-priced home sales in Brookville last month ranged from $2.1 million to $2.43 million. 

The priciest Brookville home sold in September was a 6-bedroom, 6.5-bath colonial on 2 acres at 134-2 Wheatley Road that sold for $2.43 million. It was listed by Aileen Murstein of Douglas Elliman Real Estate and sold by Xiao Zheng and Lei Shi of Jamie & Connie Real Estate Group. 

An 8-bedroom, 6.5-bath colonial on .46 acres at 88 Swan Court fetched $2.1 million. It was listed and sold by Limor Karudo and Elimor Kochavi of Berkshire Hathaway HomeServices Laffey International Realty. 

At 5 Heather Hill Road, a 5-bedroom, 4.5-bath colonial on 2.87 acres went for $2.1 million. It was listed by Michael Pesce, Ronald Lanzillotta and Robert Barnes of Berkshire Hathaway HomeServices Laffey International Realty and sold by Vivian Scalia-Dash of Douglas Elliman Real Estate. 

Source: OneKeyMLS.com 





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Priciest home sales in Sands Point


Priciest home sales in Sands Point (11050) 

September 2022 

The three highest-priced home sales in Sands Point last month ranged from $3.2 million to $5.725 million. 

The priciest Sands Point home sold in September was a 6-bedroom, 7.555-bath colonial on 2.05 acres at 4 Sousa Drive that sold for $5.725 million. It was listed and sold by Judy Rudsky and Jason Friedman of Daniel Gale Sotheby’s International Realty. 

A 7-bedroom, 6.5-bath colonial on 1 acre at 5 Laurel Lane fetched $3.7 million in cash. It was listed by Eileen Krach of Daniel Gale Sotheby’s International Realty and sold by Alexis Siegel and Amy Rosenberg of Douglas Elliman Real Estate. 

At 65 Old House Lane, a 5-bedroom, 5.5-bath colonial on 3.1 acres went for $3.2 million. It was listed by Jill Berman of Douglas Elliman Real Estate and sold by Berman and her colleague Maggie Keats. 

Source: OneKeyMLS.com 





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LI firm assisting Kentucky flood victims with shelter homes


An East Patchogue manufacturer is helping to provide emergency housing for flood victims in Kentucky. 

Hunter Homes and Shelters, which makes transportable energy-efficient shelters for emergency and longer-term use, is building several of its two-bedroom homes to people left homeless by devastating flooding. 

More than 6,000 homes in Kentucky were deemed uninhabitable without repair and more than 300 homes were completely destroyed as a result of the flooding and mudslides, according to the Federal Emergency Management Agency. The American Red Cross also reported that some 1,648 homes in Breathitt County alone were considered “majorly damaged” or destroyed as a result of the flooding. 

The first of the homes from Hunter Homes and Shelters will be built next week in Jackson, Kentucky, one of the hardest hit communities in the state. The two-bedroom shelter homes usually sell for about $70,000 apiece, but the company is providing the two-bedroom units at a discount and donating the transportation and labor costs valued at more than $50,000. 

Courtesy of Hunter Homes and Shelters

Different from other temporary emergency shelters, Hunter Homes and Shelters’ units can be transported by one tractor trailer anywhere in the country. The structures are simple to assemble and can be constructed in a few hours by small teams using basic tools. 

Jack Hunter, founder and president of Hunter Homes and Shelters said he saw what happened in Kentucky and wanted to help. 

“We are building our units to show how they can be effectively used as part of a FEMA emergency response. Our shelters are easy to transport and can be built in a single day,” Hunter said in a company statement. “These homes are a much needed and cost-effective solution when shelters have to be built immediately in areas hit by disasters. They are durable and can be used in communities that are in the process of being rebuilt. We have seen the Kentucky disaster up close and we are committed to helping those whose homes and communities have been destroyed.” 

Courtesy of Hunter Homes and Shelters

The weatherproof shelters are designed to withstand hurricane force winds, tornadoes and blunt force impacts. Built with structural insulated panels, buildings can be constructed with solar panels and can exist off the grid or until power comes back online after disasters.  

The shelters include a kitchen with a refrigerator, sink and stovetop, bathrooms equipped with a sink, shower and toilet, a bedroom and living area. Other amenities include LED lighting along with a heating and air conditioning unit. 

Company executives are coordinating the delivery of new disaster housing units with local leaders including Judge Jeffrey Noble of Breathitt County; Jamie Mullins-Smith of the Kentucky River Regional Prevention Center; and Joanne Miller, a voluntary agency liaison with FEMA.  





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Priciest home sales in Manhasset


Priciest home sales in Manhasset (11030) 

September 2022 

The three highest-priced home sales in Manhasset last month ranged from $2.85 million to $3.27 million. 

The priciest Manhasset home sold in September was a 4-bedroom, 4-bath colonial on .28 acres at 234 Northwoods Road that sold for $3.27 million in cash. It was listed by Ann Hance of Daniel Gale Sotheby’s International Realty and sold by Dana Forbes and Michelle Lent of Compass. 

A 4-bedroom, 2.5-bath colonial on .28 acres at 106 Northwoods Road fetched $2.975 million in cash. It was listed by Eileen Krach of Daniel Gale Sotheby’s International Realty and sold by Daniel Gale’s Rosemary O’Neill. 

At 143 Searingtown Road, a 4-bedroom, 4.5-bath newly built colonial on .26 acres went for $2.85 million in cash. It was listed by Maria Tsiolas of Daniel Gale Sotheby’s International Realty and sold by Parsa Samii and Traci Clinton of Compass. 

Source: OneKeyMLS.com 





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Priciest home sales in Locust Valley


Priciest home sales in Locust Valley (11560) 

September 2022 

The three highest-priced home sales in Locust Valley last month ranged from $875,000 to $1.48 million. 

The priciest Locust Valley home sold in September was a 5-bedroom, 4.5-bath colonial on .25 acres at 23 Pershing Ave. that sold for $1.48 million. It was listed by Ronald Lanzillotta and Michael Pesce of Berkshire Hathaway HomeServices Laffey International Realty and sold by Patrick McCooey of Compass. 

A 4-bedroom, 3-bath colonial on .35 acres at 12 Weir Lane fetched $1.425 million in cash. It was listed by Patricia Bischoff and Eloise Halpern of Douglas Elliman Real Estate and sold by Anne Kerr of Daniel Gale Sotheby’s International Realty. 

At 34 9th St., a 5-bedroom, 3-bath colonial on .16 acres went for $875,000. It was listed by Margaret Trautmann of Compass and sold by Dana Hansen of Daniel Gale Sotheby’s International Realty. 

Source: OneKeyMLS.com 





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Suffolk clerk’s office to resume title searches


After a cyberattack forced a three-week shutdown of much of Suffolk County’s digital infrastructure, its clerk’s office will resume in-person title searches next week. 

In an email sent to title insurance companies late Thursday, the county clerk’s office said it will open for title searching at 8 a.m. on Monday, Oct. 3. However, the office will actually open Saturday, Oct. 1 with a “limited number of terminals” to verify the readiness of the new computer configuration, according to a county spokesperson.

“We will have roughly 120 terminals available throughout the clerk’s office for searches to be conducted. At this point we believe all of the programs you are accustomed to using will be available. There are still some issues we are working out through testing which we hope to resolve over time. There are currently two printers available and we are working towards bringing additional ones online,” read the email. 

The clerk’s office warned that the system will likely be slower than usual and added that the goal is to increase business hours once it’s confirmed that the “computer environment” can handle the increased volume expected. 

In addition, the clerk’s office said it is working towards getting its systems up to be able to handle services regarding recordings and other related filings, though the office didn’t offer a timeframe when those functions would be up and running. 

As for now, there will be no ability to search the county website or for examiners to access the systems from remote computers. 

The real estate industry is critical to our economy, and last week, I met with various stakeholder groups to discuss contingency plans as the county continues to assess the cyber intrusion,” Suffolk County Executive Steve Bellone said via email. In line with our rolling restoration of services, tomorrow the Suffolk County Clerk’s office will be open for in-person title searches to allow real estate transactions to proceed. I want to thank County Clerk Judy Pascale, for her partnership as we continue to navigate these unprecedented circumstances. Together we are working to ensure services that our residents rely on are restored in a safe and secure way. I also want to thank Governor Kathy Hochul, a former clerk herself, for her support and helping provide the necessary equipment to make this all possible. 

As LIBN previously reported, the cyberattack has wreaked havoc throughout the Long Island real estate industry because it paralyzed the county clerk’s office, which is responsible for recording documents and assisting with records searches for properties. 

The attack shut down the county’s online systems earlier this month, and has delayed or cancelled real estate closings, especially on larger commercial deals, as title companies can’t search county databases to accurately ensure that the properties have no liens, judgments or other encumbrances in order to pass title. 

Suffolk County websites and web-based applications were taken down on Sept. 8, after officials found malware in county systems. Ransomware postings on the website DataBreaches.net showed images of county documents and the hackers claimed to have extracted court records, sheriff’s office records, contracts with the state, and personal data of citizens from the domain of the county clerk. 

County officials have yet to respond to requests for comment on when its systems will be back online and operating normally. 





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Priciest home sales in Port Jefferson Station


Priciest home sales in Port Jefferson Station (11776) 

August 2022 

The three highest-priced home sales in Port Jefferson Station last month ranged from $625,000 to $670,000. 

The priciest Port Jefferson Station home sold in August was a 5-bedroom, 3.5-bath colonial on .42 acres at 5 Carolyn Road that sold for $670,000. It was listed by Randy Stander and Michael Fiordalisi of Summit Realty Group and sold by Makenzie Moeller of Coach Realtors. 

A 4-bedroom, 3.5-bath colonial on .28 acres at 5 Morgan Ave. fetched $629,000. It was listed and sold by Amanda Eckart and Donna McKeown of Keller Williams Points North. 

At 26 Norton Ave., a 4-bedroom, 2.5-bath colonial on .59 acres went for $625,000. It was listed by Diane Wolyniec of Coldwell Banker American Homes and sold by Nakishia Dail of Fave Realty. 

Source: OneKeyMLS.com 





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Beyond Van Gogh coming to Westbury mall


An experiential art exhibit is coming to the Samanea New York mall in Westbury. 

Beyond Van Gogh: The Immersive Experience will temporarily occupy about 28,000 square feet on the mall’s second floor. The exhibit will run from Nov. 18 through Jan. 8. 

The Beyond Van Gogh traveling exhibition, produced by Paquin Entertainment Group, has sold more than 4 million tickets globally, according to a company statement. 

“We are thrilled to welcome the highly acclaimed Beyond Van Gogh: The Immersive Experience to Samanea New York and Long Island,” Dominic Coluccio, director of real estate at Samanea New York, said in the statement. “This impressive and celebrated exhibit will have a significant impact on the region, and which perfectly aligns with our mission to redevelop this iconic property into a premier lifestyle destination.” 

Tickets for the exhibit go on sale on Thursday, Sept. 29 and are available at vangoghlongisland.com. 

Matthew Kucker, Jordan Baruch and Herbert Agin of Colliers International represented Samanea New York in the Beyond Van Gogh lease transaction. 





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Priciest home sales in East Williston


Priciest home sales in East Williston (11596) 

August 2022 

The three highest-priced home sales in East Williston last month ranged from $960,000 to $1.306 million. 

The priciest East Williston home sold in August was a 4-bedroom, 2.5-bath colonial on .17 acres at 5 Atlanta Ave. that sold for $1.306 million. It was listed and sold by Sandi Polinsky of Goldilocks Real Estate. 

A 3-bedroom, 4-bath split-level on .17 acres at 413 Congress Ave. fetched $1.2 million. It was listed by Ann Marie Walsh of Floral Homes and sold by Michelle Cohen of Compass. 

At 48 Sumter Ave., a 3-bedroom, 2.5-bath split-level on .13 acres went for $960,000. It was listed by Lucy Perillo and Gaetano Dechiaro of Particia Rummel and sold by Satinder Jain of Charles Rutenberg Realty. 

Source: OneKeyMLS.com 





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New senior living community opens in Port Jefferson Station


Brightview Port Jefferson, a 170-residence senior living community, opened Thursday. 

Developed by Baltimore-based Brightview Senior Living, the $80 million project offers 94 independent living units, 50 assisted living units and 26 apartments geared towards people living with Alzheimer’s disease and other forms of dementia. 

Amenities at the new senior housing complex, located on 8.7 acres at 1175 Route 112 in Port Jefferson Station, include a movie theater, billiards, pub, fitness center, salon, library, and more. 

“We’re thrilled to welcome residents to their new homes at Brightview Port Jefferson,” Tammy Marshall, executive director at Brightview Port Jefferson, said in a company statement. “We are small enough to feel like a family, but large enough to offer a full complement of engaging cultural experiences and activities. We look forward to building and fostering relationships with residents and their families for many years to come.” 

The Port Jefferson Station community is Brightview’s second senior living development on Long Island. The company has a similar facility at 445 Broadway Ave. in Sayville. 





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Merrick bank property yields $2.9M


A freestanding bank building in Merrick has sold for $2.9 million. 

101 Oriental Blvd. LLC, an entity registered to a Franklin Square-based real estate investor, purchased the 4,700-square-foot building on .25 acres at 2111 Merrick Ave. The acquisition was part of a 1031 exchange. 

The property is net-leased to Roslyn Savings Bank. 

The sale price equates to a 6 percent cap rate. 

Jesse Anselmo of Tri Novo Realty represented the buyer, while Peter Wolf of Select Real Equity Advisors represented the seller, Sam Drayman Family Co. LLC, in the sales transaction. 





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Priciest home sales in Upper Brookville


Priciest home sales in Upper Brookville (11545, 11771) 

August 2022 

The three highest-priced home sales in Upper Brookville last month ranged from $1.657 million to $2.6 million. 

The priciest Upper Brookville home sold in August was a 6-bedroom, 5.5-bath Tudor on 2 acres at 273 Hillcrest Lane that sold for $2.6 million in cash. It was listed by Joseph Scavo of Douglas Elliman Real Estate and sold by Douglas Elliman’s Kate Callan. 

A 7-bedroom, 5.55-bath post-modern on 2.1 acres at 9 Donna Drive fetched $2.525 million in cash. It was listed by Nicholas Conti of Laffey Real Estate and sold by Belinda Wiseman of Berkshire Hathaway HomeServices Laffey International Realty. 

At 7 Chapel Gate Lane, a 3-bedroom, 2.5-bath ranch on 2 acres went for $1.657 million. It was listed by Thomas Pillari and sold by Tara Fox of Daniel Gale Sotheby’s International Realty. 

Source: OneKeyMLS.com 





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Priciest home sales in Hampton Bays


Priciest home sales in Hampton Bays (11946) 

August 2022 

The three highest-priced home sales in Hampton Bays last month ranged from $1.135 million to $1.75 million. 

The priciest Hampton Bays home sold in August was a 3-bedroom, 2-bath waterfront ranch on 1.3 acres at 15 Gardners Lane that sold for $1.75 million. It was listed and sold by Elizabeth Capozzoli of Douglas Elliman Real Estate. 

A 4-bedroom, 3.5-bath post-modern on .98 acres at 25 Red Creek Circle fetched $1.625 million. It was listed by Constance Porto, Anne Marie Francavilla and Carol Friscia of Douglas Elliman Real Estate and sold by Douglas Elliman’s Regina Cigna. 

At 6 Higbee Road, a 3-bedroom, 3-bath ranch on .46 acres went for $1.135 million in cash. It was listed by Maria Cunneen, Jill Kandell and Tina Chrappa of Compass and sold by their Compass colleague Dana Bartel. 

Source: OneKeyMLS.com 





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Beechwood opens luxury rental complex in Westbury


The Beechwood Organization has opened its new $125 million, 237-unit luxury apartment building in Westbury. 

Called The Selby, the 582,000-square-foot, mixed-use development is on 5.87 acres at 695 Merrick Ave. across from Eisenhower Park. The residential portion of the development has 210 rental apartments and 27 long-term stay executive suites, and a 6,000-square-foot commercial space will be home to a future restaurant. 

The library at The Selby / Courtesy of The Beechwood Organization

Among the amenities at The Selby are a 75-foot outdoor pool and terrace with 20,000 square feet of recreation space, grand salon, club room with indoor-outdoor bar, fitness studio with yoga room, tranquility spa, library, game room, children’s playroom, business center and private event dining room with prep kitchen. The property has parking for residents with electric car charging.  

Monthly rents at the Westbury complex range from $3,200 for a 500-square-foot studio apartment to $9,500 for a 2,200-square-foot apartment with three bedrooms and three baths. 

“We created The Selby to reflect the most refined tastes in sophisticated apartment living to be found east of New York City,” Steven Dubb, a Beechwood principal, said in a company statement. “These are Long Island’s nicest residences, with the nicest lifestyle and in the nicest location, across from Eisenhower Park in central Nassau County.”  

The Selby is 40 percent leased and the first residents moved in last month. 

Manhattan-based Ismael Leyva Architects, which has designed several luxury apartment buildings including the Residences at Time Warner Center, Fifteen Hudson Yards and the Zaha Hadid Building along the Highline, worked on the architectural and interior design for the Westbury project.  

Pool terrace at The Selby / Courtesy of The Beechwood Organization

“The Selby is designed as a French chateau-style revival building that pays tribute to the charm of its neighborhood with the comfort of modern living homes and an array of luxury amenities,” Ismael Leyva said in the statement. “I am grateful to Steven Dubb and The Beechwood Organization who engaged us to design this iconic new residential structure in the heart of the Long Island Gold Coast. Although these will be luxury rentals at six stories across from Eisenhower Park, they do harken back to the spacious fine high-rise luxury buildings designed along Central Park West in Manhattan by the renowned architects of the mid-twentieth century, Emery Roth and Rosario Candela. We are thrilled to bring this level of luxury design and amenity to residents of The Selby.” 

The development of The Selby follows Beechwood’s luxury rental building called The Vanderbilt, also in Westbury, which opened in 2018. Within six months of its opening in 2018, the 195-unit Vanderbilt, which has 178 apartments and 17 long-term stay executive suites, was fully leased. 

“Those who live in our luxury residences enjoy a high standard of living,” Dubb said in the statement. “They are young couples or professionals with dynamic lifestyles who want turn-key living outside of, but not too far from, New York City. They want to stay or live on the Island but are not ready or looking to buy. They may also be empty nesters who relish the space, comfort and privacy of a long-held family abode but not the responsibility of owning it.” 





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Inked: Recent LI real estate deals


225 Froehlich Farm Blvd., Woodbury

DAY-OP Center of Long Island leased a 13,233-square-foot medical office building on 1.38 acres at 225 Froehlich Farm Blvd. in Woodbury. DAY-OP will be building an outpatient surgery center at the property. Eric Launer and Dawn Mirko of JLL represented the tenant, while Timothy Parlante, director of leasing at The Feil Organization, served as in-house representative for the landlord in the lease transaction.

 

1295 Northern Blvd., Manhasset

1295 Northern Blvd. LLC, an entity registered to a Queens-based development company, purchased an 11,000-square-foot office building on .78 acres at 1295 Northern Blvd. in Manhasset for $6.2 million. The buyer is planning to redevelop the property for a different commercial use. Christopher Wierzbicki of Pliskin Realty & Development represented the buyer, while Kyle Crennan and Ray Ruiz of JLL represented seller Ulticrest Funding Corp. in the sales transaction.

 

1121 Jerusalem Ave., Uniondale

Exchange Right Real Estate LLC, a Pasadena, Calif.-based real estate investment firm, purchased a 61,916-square-foot supermarket building on 4.48 acres in the Uniondale Shopping Center at 1121 Jerusalem Ave. in Uniondale for $24.75 million. The property is leased to ShopRite. The seller, Red Bank, N.J.-based First National Realty Partners, had purchased the supermarket property in August 2020 for $19.5 million. Aaron Bush of JRW Realty represented the buyer, while Prodigy Real Estate Group represented the seller in the Uniondale sales transaction.

 

1650 Sycamore Ave., Bohemia

MLS Builders Corp. leased 1,000 square feet of office space at 1650 Sycamore Ave. in Bohemia. Michael Zere of Zere Real Estate Services represented the tenant, as well as landlord, Bridgeview Holdings Corp., in the lease transaction.

 

22 Bayville Ave., Bayville

22YRC Lo Properties LLC, an entity registered to a Mt. Sinai-based real estate investor, purchased a 9,494-square-foot mixed-use building on .44 acres at 22 Bayville Ave. in Bayville for $3.9 million. The fully occupied building has four two-bedroom, two-bath, rental apartments over four commercial spaces. Tim Petrou and John Pszczola of Blue Shark Realty Group represented the buyer, while John Magnani of DGNY Commercial and Janine Fakiris and Giselle DiMasi of Daniel Gale Sotheby’s International Realty represented seller 22 Bayville Avenue LLC in the sales transaction.

 

180 Heartland Blvd., Edgewood

FIVF-III-NY1 LLC, a Manhattan-based real estate investment fund, purchased a 24,000-square-foot industrial building on 2 acres at 180 Heartland Blvd. in Edgewood for $4.95 million. The property is fully leased to Biochemical Diagnostics. Philip Shwom of Schacker Realty represented the buyer, as well as the seller, BCDI Realty Company, in the sales transaction.





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Priciest home sales in Jericho


Priciest home sales in Jericho (11753) 

August 2022 

The three highest-priced home sales in Jericho last month ranged from $1.37 million to $1.8 million. 

The priciest Jericho home sold in August was a 6-bedroom, 4.5-bath newly built colonial on .22 acres at 20 19th St. that sold for $1.8 million. It was listed by Jyoti Sharma and Jatinder Sharma of Property Professionals Realty and sold by Jun Luo of Douglas Elliman Real Estate. 

A 5-bedroom, 3-bath split-level on .27 acres at 10 St. Lawrence Place fetched $1.41 million. It was listed by Tim Lau and Ira Gross of Laffey Real Estate and sold by Zhao Shao of Prime Realty. 

At 124 Orleans Lane, a 4-bedroom, 3.5-bath colonial on .16 acres went for $1.37 million in cash. It was listed by Gail Marchbein and Elizabeth Curran of Coach Realtors and sold by Michael Cannizzaro of Douglas Elliman Real Estate. 

Source: OneKeyMLS.com 





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Long Island home prices retreat


Prices of Long Island homes fell in August, after several consecutive months of gains. 

The median price of closed home sales in Nassau County last month was $700,500, down 2.7 percent from the $720,000 median recorded in July. The monthly decline in price was the first in eight months. 

In Suffolk County, the median price of closed home sales last month was $565,000, down nearly 1.8 percent from the $575,000 July median price. This was the first month-to-month drop in price in Suffolk since January. 

And while prices were lower in August as compared to the previous month, they are still higher year over year, up 4.6 percent from August 2021 in Nassau and 6.6 percent higher than a year ago in Suffolk. 

While prices retreated from July, home sales activity increased in August from the previous month. There were 2,826 Long Island homes contracted for sale last month, up 13.1 percent from the 2,496 homes contracted for sale in July, but down 12.8 percent from the 3,239 homes contracted for sale in August 2021. 

Rising mortgage rates are having a chilling effect on the housing market, with mortgage applications nationally falling to a 22-year low. The average rate for a 30-year mortgage for homes sold for at or below $647,200 was 5.94 percent for the week ending Sept. 2, according to the Mortgage Bankers Association. 

After six straight months of rising inventory, the supply of available homes for sale on Long Island dropped in August. There were 6,782 homes—3,118 in Nassau and 3,664 in Suffolk—listed with OneKey MLS as of Wednesday. That’s down 6.3 percent from the 7,238 homes that were listed for sale at the end of July and 5.3 percent fewer than the 7,163 homes that were listed for sale at the end of August 2021. 

Still, the current inventory is much larger than it was last winter. The 6,782 Long Island homes listed for sale as of Wednesday is 53.3 percent more than the 4,424 homes that were listed for sale at the end of January. 





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