Long Island Cheat Sheet: 7K new construction jobs created on the island in the past year … & more

TRD New York /
Oct.October 01, 2018 05:00 PM

Clockwise from top left: Suffolk legislators block sewer connection in blow to Brentwood development project, Brokers hid past MS-13 murder from buyers of Brentwood home, Brookhaven IDA to help redevelop Dowling College’s former campus in Shirley and Long Island got more than 7K construction jobs in the past year.

Long Island added more than 7,000 construction jobs in the past year
Between August 2017 and last month, Nassau and Suffolk gained a combined  7,200 construction jobs — a nine percent increase from the amount employed in construction as of August 2017, Long Island Business News reported. The rise put the number of people in construction at about 91,000, according to a report from the Associated General Contractors of America. New York City saw a three percent rise with 5,300 new jobs created over the same time period. But the tristate area also saw some of the largest job losses nationwide. Middlesex, New Jersey, lost 4,500 jobs. Camden, NJ, lost 2,600 and nearby Newark lost 2,400. [LIBN]

Brokers allegedly hid past MS-13 murder from buyers of Brentwood home
When a couple was preparing to buy a four-bedroom suburban ranch house in Brentwood, brokers allegedly obscured the fact that MS-13 gang members murdered two teenage girls there, the New York Post reported. The responsibility to disclose the property’s past was up to the buyers’ broker, according to Oneyda Gallardo of Empire Home Realty of Long Island, which listed the property. The buyers’ broker, Carlos Amaya of Exit Realty Achieve, disputed the couple’s claim and said they were well aware of the murders. The home first came on the market for $377,000, but had its price cut seven times before landing at $329,000 when it went off the market. [TRD]

Brookhaven IDA to help redevelop Dowling College’s former campus in Shirley
The Town of Brookhaven Industrial Development Agency closed on a package of incentives for Triple Five Aviation Industries, which closed its $14 million purchase of the former Dowling College campus in Shirley, Long Island Business News reported. Dowling filed for bankruptcy in 2016. The 105-acre property next to Brookhaven Calabro Airport includes a 70,645-square-foot dormitory with 70 rooms, an athletic complex and a 65,000-square-foot building for offices or classrooms with an airplane hanger as well. The buyer hopes to bring corporate research and development firms, aviation schools and recreational flyers, among others. Triple Five plans to spend $2 million on upgrades. [LIBN]

Suffolk legislators block sewer link in blow to Wolkoff’s Heartland development project
Suffolk County’s Public Works Committee decided not to connect the Southwest Sewer District to Heartland Town Square, a Brentwood development, according to Newsday. The project, which is spearheaded by developer Jerry Wolkoff, has 9,000 units, 3.2 million square feet in office space and 1 million square feet of retail space. Wolkoff said that if the project would die without an agreement with the sewer agency. Opponents said the project would deplete the groundwater aquifer and that the project should instead build its own sewage treatment plant. The rejected agreement could still find its way to the full Suffolk Legislature if 10 legislators choose to advance it out of committee. [Newsday]

 

Related Articles

arrow_forward_ios
40 East 72nd Street (Credit: Google Maps)

Nightmare on E. 72nd Street raises question: Are small condos risky?

Jed Garfield of Leslie J. Garfield; Richard Grossman, president of Halstead Real Estate; Sarah Saltzberg, principal broker and CEO of Bohemia Realty Group; Douglas Elliman’s Howard Lorber

NYC brokers slam bias, promise action after Newsday exposé

The bombshell probe also found that minorities had to meet more stringent financial qualifications than white buyers. (Credit: iStock)

LI agents routinely discriminate against minority buyers, undercover probe finds

Softbank CEO Masayoshi Son (Credit: Getty Images)

SoftBank’s $3B payout to WeWork’s investors is delayed

Zillow CEO Rich Barton (Credit: iStock)

Zillow and Opendoor aren’t making much on home-flipping

John Legere (Credit: Getty Images)

WeWork reportedly in talks to hire T-Mobile exec as CEO

This week, the State Department of Taxation and Finance issued a new memo that notably made no mention of condos. (Credit: iStock)

Regulators quietly change stance on condos in LLC law

(Credit: iStock)

Some builders upset as voters add red tape to projects

arrow_forward_ios