Inside Long Island Business
Get the latest news and trends on Long Island companies and the people behind them.
The Brookhaven Executive Center in Medford, which housed the operations of Brookhaven Town in the 1980s and 1990s, will be sold at a foreclosure auction on Friday.
The 10-building office park at 3235 Route 112 is jointly owned by Paul Elliott LLC, Sam Weissman LLC and Mark McAvoy LLC, with a minority stake owned by Hurney BEC LLC, according to court documents. The current debt owed on the...Read more »
A New York State Supreme Court judge has denied an attempt to speed up the foreclosure process on a $103 million loan taken out by the Long Island Marriott Hotel and Conference Center in Uniondale, owned by New York Islanders owner Charles Wang.
Judge Roy S. Mahon denied the motion for summary judgment to foreclose on the Marriott, citing inadequate proof that the lenders held the securitized...Read more »
Oral arguments in the foreclosure case against Long Island's largest hotel have been set for Jan. 28, according to a New York State courts spokesman
Lenders on a $103 million loan taken out by the 618-room Long Island Marriott Hotel and Conference Center in Uniondale, owned by New York Islanders owner Charles Wang, filed for foreclosure in July after a missed February payment, according to...Read more »