Comprehensive Real-Time News Feed for Jericho, NY.
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Held back for years after the recession put the brakes on home sales, an invigorated real estate market has allowed more potential condo buyers to sell their existing homes so they can make moves to downsize. And the numbers show more of them are doing just that. Comment?
The number of public companies on Long Island has shrunk in recent years, translating to fewer clients for the public company practices at the region's accounting firms. Recent acquisitions of Port Washington-based Pall Corp . Comment?
The priciest homes sold in Jericho last month were located in the Hamlet condominium developments and Hunt Club homeowner associations. Comment?
New Hyde Park-based Kimco Realty will be the new owner of the historic Milleridge Inn in Jericho, sources say. Terms of the deal haven't been disclosed, but Kimco, Long Island's largest real estate investment trust, will be leasing the property back to its longtime owners, the Murphy family, who will still operate the business. Comment?
The low-interest-rate environment is putting pressure on banks to write a high volume of commercial loans, but not just any old borrower will do. With many businesses falling short of lenders' strict criteria, banks are competing strenuously to lend to a relatively small volume of creditworthy companies. Comment?
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