August 15, 2025 - 23:39
In the latest real estate developments on Shelter Island, significant transactions have been recorded as of June 6, 2025. Notably, a property at 4 Bayview Avenue has changed hands, with Denise M. Merrifield, acting as referee, facilitating the sale from 4 Bay View Heights LLC to Gruenfelder LLC and Sunshine of LI LLC for a substantial $1,631,000. This transaction highlights the ongoing interest in waterfront properties within the region.
Additionally, the David Larsen Trust has made a noteworthy sale to Andrew Demming and Lisa Koch, further indicating a robust market activity. These recent listings reflect the vibrant real estate landscape on Shelter Island, characterized by a mix of luxury homes and investment opportunities. Potential buyers are encouraged to explore these listings as the market continues to evolve, showcasing the island's appeal as a desirable destination for both residents and investors alike. Stay tuned for more updates as the season progresses.
August 16, 2025 - 08:16
Analyzing the Impact of Section 899 on Commercial Real EstateDavid McCarthy, Managing Director and Head of Legislative Affairs at the CRE Finance Council, has provided insights into Section 899 of President Trump`s One Big Beautiful Bill and its anticipated...
August 15, 2025 - 06:12
The Central Role of Real Estate in Economic DevelopmentIn a recent letter, Arlette Laurent, a former Chargé d’affaires at the EU Delegation to the UN in New York, emphasized the crucial importance of real estate in driving economic growth and...
August 14, 2025 - 21:49
Lower Mortgage Rates Provide Temporary Relief for HomebuyersRecent trends indicate that lower mortgage rates are providing a much-needed boost to the housing market. Investors have been purchasing bonds in anticipation of a potential interest rate cut by...
August 14, 2025 - 01:03
Real Estate Split Corp. Plans to Extend Maturity DateTORONTO, Aug. 13, 2025 — Real Estate Split Corp. has revealed its intention to extend the maturity date of the company for an additional five years, pushing the deadline to December 31, 2030....