New York Real Estate News

Over intense objections from property and business owners, the Hempstead Town Board Tuesday adopted an urban renewal plan for Elmont that would uproot 23 businesses and force their landowners to sell to a developer who would build a supermarket.

Mario Cavalluzzo settled in Elmont 49 years ago after immigrating from Italy.

Farmingdale State College event, "Need a place to live?" will offer housing opportunities for young Long Islanders, seniors and veterans.

Nassau Executive Ed Mangano tells real estate group that the county's property tax assessment system is "broken" and fixing it is his top priority.

The Town of Hempstead Industrial Development Agency board Wednesday approved a 10-year tax break for a developer planning to buy one of Hempstead Village's biggest apartment complexes.

ROCHESTER - Max M. Farash, a business tycoon in upstate New York whose real estate fortune was once estimated to be worth $500 million, has died at age 95.

Sales of previously owned U.S. homes slumped last month for the second month in a row, raising fresh concerns about the housing market's potential for rebound, according to industry statistics released Friday.

Arbor Realty Trust, Uniondale

No more home sales charts in tiny print - sooo yesterday.

For the first time in more than two years, the median closing price for Long Island homes shot past the figure from a year ago, the Multiple Listing Service of Long Island said in its January report.

During the height of the heady real estate market a few years ago, many first-time buyers were frustrated by untouchable prices and the short supply of homes for sale.

Despite the growing demand, brokers said already inflated Hamptons prices have not dropped dramatically recently because inventory is still high.

MIAMI - U.S. home prices edged up in December, the seventh straight monthly gain and another sign the housing market continues its bumpy recovery, according to data released Tuesday.

Buying a house for the first time? Newsday can help!

The Standard & Poor's / Case-Shiller 20-city home price index released Tuesday rose 0.3 percent from November to December, to a seasonally adjusted reading of 145.87. The index was off 3.1 percent from December a year ago, nearly matching analysts' estimates that it would fall by 3.2 percent.

The Standard & Poor's / Case-Shiller 20-city home price index released Tuesday rose 0.3 percent from November to December, to a seasonally adjusted reading of 145.87. The index was off 3.1 percent from December a year ago, nearly matching analysts' estimates that it would fall by 3.2 percent.

One of the oldest buildings in Patchogue, at 31 W. Main St., is about to undergo a major face-lift as part of the village's downtown rehabilitation project.

Fewer borrowers started falling behind on mortgages as last year ended.

Knowing who you are, can help you decide the best place to live.

Walgreen Co. said yesterday it has agreed to buy the drugstore operator Duane Reade in a move that will more than quadruple the number of stores it has in the metropolitan area.