Tag : long island market

Nassau Says “No” to Coliseum Renovation

Around 100,000 Nassau County voters flocked to the polls yesterday to cast their ballot on the proposal for a new Coliseum– and the majority of residents decided they like their Coliseum just the way it is. Sixty percent of voters rejected the plans for renovation, which was going to include a minor league ballpark and..

Nassau County to Vote on Long Island Coliseum Renovation

Today, Nassau County residents decide the fate of the $400 million referendum to redo the Nassau Coliseum. Passing the referendum would mean an increase of about $14 in property taxes (or 4%) per Nassau County household which, to most, seems like a reasonable price to pay in comparison to all benefits of a new complex…

Gov’t Cloud Computing to Rule the Air

This past decade has produced quite a number of technological innovations, but the one that takes the cake has to be “cloud” computing. The movement toward virtual space storage and away from cumbersome, vulnerable sites dedicated to housing hardware has officially taken hold and the government has jumped on the bandwagon. This year, the federal..

Deficit, National Debt: What’s the Difference?

Debt ceiling, deficit, national debt, financial crisis—lately these words have been thrown around carelessly by everyone from congressional leaders to your grandmother. The current situation in the United States has everyone talking, but are they really listening (and understanding) the words they are regurgitating? “Deficit,” “national debt” and “debt ceiling,” have been reeled off so..

CRE & Others to Benefit from Gov’t Spending Cuts

Whether or not Congress unanimously decides on a plan to raise the debt ceiling, one thing is certain: federal spending needs to be cut substantially over the next decade. The amount of cuts will be based solely on which plan Congress decides to implement (if they ever reach an agreement). But government spending cuts might not produce..