With the referendum rejected, Nassau County Executive Edward Mangano put out a plea for private developers to submit proposals for a revamped Nassau Coliseum. Nassau taxpayers expressed their dissent when they rejected Wang’s proposed tax hike to fund the Coliseum’s renovation and now Mangano is hastening to find another, privately funded, alternative. Despite his disappointment,..

As of late, the SEC (Securities and Exchange Commission) has begun to crack down on lucrative REITs that aren’t being traded on the stock exchange. It’s been estimated that REITs have made over $73 billion for investors in the past 10 years, despite the recession and since 1990, SEC has approved around 90 nontraded REITs…

Predicting the future of commercial real estate sales transactions is a risky business for anyone, considering the market is only just starting to recover. In this delicate stage, one small factor could send us sliding back into a recession, but for those brave souls who are looking to shed a little light on the forecast..

Banks are calling out— come take our money! Apparently there is quite a large amount of unused capital sitting in these credit unions, just waiting to be exploited. And you thought we were in a recession? Deficit who? Local industry specialists remark that this abundance of “extra money” is the result of the competitive lending..