Report: Receiver Appointed for Oheka Castle

A state Supreme Court judge has appointed a receiver to oversee Oheka Castle’s operations, the Long Island Business News reported Tuesday. Jeffrey Kolessar, vice president of Philadelphia-based GF Management, is assigned to control Oheka’s rents and revenues, while taking possession and “full control of the Read More …

Report: 2 Commercial Real Estate Firms Merge

Two commercial real estate brokerage firms have merged, Long Island Business News reported this week. Industry One Realty of Melville and AIRECO Real Estate of Hauppauge made the deal. Robert Desmond, president of AIRECO, will join Industry One’s Melville office as executive vice president and Read More …

Report: Jersey Developer Buying Newsday Building

Long Island Business News reported Friday that  a New Jersey-based industrial developer will buy the 48.5-acre site housing Newsday. The newspaper has occupied the site since 1979. Hartz Mountain Industries,was the high bidder for the property owned by the Tribune Media Company, beating out a handful Read More …

Special LIRR Train to Belmont Track

The Long Island Rail Road is providing extra trains to/from Belmont Park Saturday for those attending the Belmont Stakes. The railroad said passengers can save time and money by buying round-trip tickets to Belmont Park in advance. Return trains will depart through 10PM for those attending concert Read More …