A prime asset in the Village of Roslyn’s ongoing renaissance has traded hands. The mixed-use property known as the Roslyn Lumber Yard has sold for $31 million, the village’s largest-ever transaction, according to the brokers on the deal. GB Family Holdings, a Melville-based commercial real estate investment firm and an affiliate of Fairfield Properties principal Gary Broxmeyer, purchased the 25-unit apartment building with 14,000 square feet of retail space at 17-21 Lumbe

A new report from CoStar presents a striking reality for the national multifamily market: across many major U.S. metro areas, luxury apartment vacancy rates remain stubbornly high. Yet here on Long Island, the data tells a different story — one of accelerating absorption and vanishing availability, even in the most premium segments of the market. While national headlines focus on oversupply in cities like Austin, Denver, and Miami, Long Island stands out as an outlier — and n

Elected officials, state and local leaders will join developers Friday for a groundbreaking of a $33.75 million affordable and supportive housing project in East Patchogue. Suffolk County Executive Ed Romaine, Brookhaven Supervisor Dan Panico and New York State Homes and Community Renewal Commissioner and CEO Ruth Anne Visnauskas are expected at the ceremony that marks the start of construction of The Grove, a 55-unit mixed-use development. GGV Grove Apartments LLC, a grou