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Inside Long Island Business

Get the latest news and trends on Long Island companies and the people behind them.

New Gyrodyne CEO: Looking to buy property

The new chief executive of Gyrodyne Co. of America, a St. James-based real estate investment trust, said the company is looking at additional property to purchase and add to its portfolio by next year.

The purchases will stem from the damages the company received from New York State last summer in a lawsuit over Gyrodyne land the state had condemned, said Frederick Braun, the new president...

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