The Real Deal New York

Long Island Market report Issue

The struggle to build bigger
in Nassau and Suffolk

Long Island faces the threat of losing its younger generations and workforce if its local communities don’t allow for more density and height

These days Long Island is enjoying a boom in real estate development along the bustling train lines that serve as major… [more]

Inside RXR’s massive bet on the suburbs beyond NYC

Seth Pinksy expects a great return
to suburbia as prices in the city
keep rising

RXR Realty is perhaps best known in New York City real estate circles for owning some of the most high-profile office properties in Manhattan, including the… [more]

A commercial crossroads
in Nassau and Suffolk

Office, retail and industrial space are in high demand across Long Island, but stagnant population growth imperils future developments and property sales

It’s a mixed bag when it comes to Long Island’s commercial real estate market. On the one hand, there’s notable… [more]

Long Island brokerages
face off

The times they are a-changin’
for some of the longest-standing
residential firms

It’s high tide. Long Island’s luxury residential brokerage business is seeing a new wave of competition as more new entrants grab market share by way of new… [more]

The Island’s price of admission

Long Island, which dominated a 2015 Forbes list with 26 of the most expensive zip codes in the country, has no shortage of upscale enclaves.

Long Island, which dominated a 2015 Forbes list with 26 of the most expensive zip codes in the country, has no shortage of upscale enclaves. Those neighborhoods… [more]

The new urban
condo wave

Demand for Long Island
condominiums — especially those
with a chic Manhattan feel and ample amenities — is on the upswing

Older homeowners downsizing and younger couples moving from the city have fueled a recent surge in the number of… [more]

The 10 biggest home sales
on the North Shore

Amid buzz over $100 million listings, the median price for luxury homes
fell 5.5 percent

Long Island’s glitzy North Shore made headlines in September with the listing of a $100 million, 8-acre estate. The Gatsby-style 60,000-square-foot property… [more]

Homes hit hard by Sandy are getting more mileage

There is ongoing demand for storm-damaged properties on LI

Despite the flood danger to houses near Long Island’s northern and southern shores, properties severely damaged by recent storms continue to get snatched up by families looking for new homes, […]… [more]

Mall than meets the eye

Long Island malls and outdoor shopping centers are in high demand, even as online sales change the appetite for brick-and-mortar retail

Compared to big cities like New York, suburbia may have less to offer young shoppers and residents. But when it comes to Long Island, don’t rule out… [more]

The East End’s indie
hospitality scene

The boutique hotel market on Long Island's East End is flourishing

While the country’s hospitality market has started to cool, developers are betting there is still room on Long Island’s East End for upscale boutique hotel conversions. Two months ago, New […]… [more]

Talking Nassau office deals

Tony Fromer of the We're Group discusses Wexler and Rechler family roots and Long Island leases

For Tony Fromer, who spent his childhood in Great Neck and watched his grandfather Jack Wexler develop office buildings in Lake Success, Huntington and Jericho, … [more]

Celebs loving and leaving LI

Stars and corporate bigwigs are
behind many recent real estate
flips on the Island

Hedge fund manager Scott Bommer closed on the $110 million sale of 101 Lily Pond Lane — a 6.4-acre East Hampton estate — to Michael Smith, the chief executive officer of Freeport LNG Development… [more]