Melville Newswire

Melville Newswire

Comprehensive Real-Time News Feed for Melville, NY.

Results 1 - 20 of 47 for "u:libn.com" in Melville, NY

  1. LI investment advisor pleads guilty to insider tradingRead the original story w/Photo

    Wednesday Jul 26 | Long Island Business News

    An investment advisor from Melville pleaded guilty on Tuesday to one count of conspiracy to commit insider trading, authorities said. Records show that Tibor Klein had received non-public information about the pending merger between Pfizer and King Pharmaceuticals from his client and friend, Robert Schulman, a former partner of a Richmond-based global law firm, according to the U.S. Department of Justice.

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  2. Fault! New York town's new $3.5M tennis courts too shortRead the original story w/Photo

    Jul 21, 2017 | Long Island Business News

    A New York town has padlocked the tennis courts in a brand new $3.5 million park because they were built improperly. The two courts at the recently opened Sweet Hollow Park in Melville don't have enough clearance between the baseline and the fence.

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  3. Inked: Recent LI real estate dealsRead the original story w/Photo

    Jul 19, 2017 | Long Island Business News

    Medpod, which combines infrastructure and software with professional medical and laboratory devices, expanded its presence at 324 South Service Road in Melville, signing a lease for an additional 2,042 square feet. The company had already occupied 1,392 square feet at the building.

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  4. 10 LIers charged in $147M pump-and-dump schemeRead the original story w/Photo

    Jul 12, 2017 | Long Island Business News

    Ten Long Islanders have been charged with allegedly manipulating $147 million in stocks sold to elderly investors at artificially inflated prices through a brokerage called the Boiler Room in Melville. They are among 14 people charged with conspiracy to commit securities fraud, money laundering in connection with stocks such as National Waste Management Holdings, CES Synergies, Grilled Cheese Truck, Hydrocarb Energy Corp. and Intelligent Content Enterprises.

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  5. Cona: Elder care expands in New York; will it be enough?Read the original story w/Photo

    Jul 5, 2017 | Long Island Business News

    New York is one of the first states in the nation to enact a paid family leave benefit law and to expand the definition of family caregiving to include elder care. Gov. Cuomo's Paid Family Leave Benefits Law applies to all businesses, regardless of size, and will be phased in over the next four years beginning in January 2018.

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  6. Different standardsRead the original story w/Photo

    Jun 19, 2017 | Long Island Business News

    The federal government has quietly begun implementing a new standard requiring investment advisors to act as a "fiduciary" regarding retirement savings, but leaving a lower standard in place for other personal investments. The United States Department of Labor created a new "fiduciary" rule after a government report determined U.S. retirees lose $17 billion annually because of advisors' conflicts of interest.

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  7. Home cooking for RXRRead the original story w/Photo

    Jun 19, 2017 | Long Island Business News

    Though the home-grown real estate giant has recently sold off a few of its more marginal suburban office holdings, the company just made a huge investment in its core Long Island office assets and has multiple redevelopment irons in the fire here. In a move that reflects the confidence it has in Long Island real estate, RXR just refinanced its portfolio of office buildings in Uniondale and Melville.

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  8. Loft in spaceRead the original story w/Photo

    Jun 16, 2017 | Long Island Business News

    T. Weiss Realty recently leased office space to two tenants with lofty goals. Both companies were looking to open loft-style Long Island offices, and the Melville-based real estate firm had just the space for them.

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  9. RXR refinances LI portfolio, takes 100% ownershipRead the original story w/Photo

    Jun 12, 2017 | Long Island Business News

    The 10-year refinancing arranged through Goldman Sachs and Barclays Bank and new investment from Uniondale-based RXR was used to buy out its former portfolio partner TIAA Cref. The pension system giant's ownership in the Uniondale and Melville portfolio, which contains seven office buildings totaling 2.7 million square feet, had ranged from 50 percent to as much as 85 percent.

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  10. Ribbon cutting planned for Melville housing projectRead the original story w/Photo

    Jun 9, 2017 | Long Island Business News

    Elected officials and housing nonprofit executives are expected to join the developer at a ribbon-cutting ceremony for a unique housing cooperative in Melville next week. Built by Levittown-based D&F Development Group, Highland Green is Long Island's first limited-equity housing co-op and its 117 residences are already fully occupied.

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  11. Schein cracks top half of Fortune 500 listRead the original story w/Photo

    Jun 8, 2017 | Long Island Business News

    Fueled by acquisitions and a growing global business, Melville-based healthcare products distributor Henry Schein has cracked the top 250 companies nationwide on the Fortune 500 list. Schein this year also became the only Long Island company to make the list now that Cablevision, a perennial Fortune 500 firm, has been acquired by Altice.

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  12. Priciest condo sales in Suffolk CountyRead the original story w/Photo

    Jun 5, 2017 | Long Island Business News

    The priciest Suffolk condo sold in May was a 3-bedroom, 3.5-bath residence in The Greens at 197 Montecito Crescent in Melville that sold for $1.25 million in cash, which was $1,000 over asking price. It was listed by independent broker Ilene Krupnick Kogen and sold by Leslye Stern of Lynda Baker Realty.

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  13. New president to bank onRead the original story w/Photo

    May 24, 2017 | Long Island Business News

    Blaskey is charged with overseeing operations and expanding Montebello, N.Y.-based Sterling's footprint across the Long Island market. Sterling currently has locations in Great Neck and Woodbury in addition to Melville, where Blaskey is based.

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  14. 35K food criticsRead the original story w/Photo

    May 12, 2017 | Long Island Business News

    The thought was to form a friendly online exchange where friends and friends-of-friends offered restaurant suggestions for those wanting to try something new. But the "Tri-State Restaurant Club" quickly exceeded those aspirations.

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  15. Priciest condo sales in Suffolk CountyRead the original story w/Photo

    May 8, 2017 | Long Island Business News

    The priciest Suffolk condo sold in April was a 4-bedroom, 3-bath ranch unit in The Greens at 353 Altessa Blvd. in Melville that sold for $1.305 million. It was listed by Melanie Galan of Realty Connect USA and sold by Linda Siper of Charles Rutenberg Realty.

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  16. 5 LI nonprofits to share $70,000 in grantsRead the original story w/Photo

    May 2, 2017 | Long Island Business News

    Five Long Island nonprofits concerned with progressive social change were awarded funding by the Long Island Unitarian Universalist Fund, which doled out $70,000 in its first round of grants for 2017. Three organizations received $15,000 apiece.

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  17. NeuLion plans its global HQ expansionRead the original story w/Photo

    Apr 28, 2017 | Long Island Business News

    NeuLion, a digital broadcasting firm, is working with the Suffolk County Industrial Development Agency as it plans to relocate its global headquarters from Plainview to a 50,000-square-foot building in Melville. The company specializes in software, intellectual products and streaming services of live events and video on demand for various platforms including tablets, smart-phones, gaming systems and more.

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  18. MSC sales, earnings soarRead the original story w/Photo

    Apr 12, 2017 | Long Island Business News

    Maintenance, metalwork and repair supply distributor MSC Industrial Co. reported sales and income grew, which some saw as a sign of an improving industrial economy.

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  19. 14 nonprofits share $252,500 in grantsRead the original story w/Photo

    Apr 10, 2017 | Long Island Business News

    Fourteen nonprofits were chosen to share $252,500 in the Long Island Community Foundation's first round of grants for 2017. Nine of the recipients were awarded $20,000 grants from the Melville-based organization.

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  20. Schacker, Blumenfeld honored for 2016 dealsRead the original story w/Photo

    Apr 10, 2017 | Long Island Business News

    Phil Shwom and Jeff Starr of Schacker Realty received industry recognition for brokering a deal that turned a Melville building from office to industrial. The Schacker Realty brokers were honored with the Most Ingenious Deal of the Year award by the Association for a Better Long Island and the Commercial Industrial Brokers Society at their annual awards gala at Carlyle on the Green in Farmingdale last week.

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