Real LI
Buying and selling real estate in the communities of Long Island
Maura McDermott
Maura McDermott writes about residential and commercial real estate at Newsday. Before coming to Newsday, she was a staff writer for five years at The Star-Ledger of Newark, N.J., where her most recent beat – redevelopment – included the Prudential Center hockey arena in downtown Newark, the new Giants and Jets stadium and a $2 billion megamall under construction at the Meadowlands. She has covered mutual fund governance for a Financial Times-owned publication, crime for the Herald News of Passaic County, N.J., and education for The Riverdale Press in the Bronx, where she also served as managing editor. She is a graduate of Swarthmore College and the Columbia University Graduate School of Journalism.
Born and raised in Brooklyn, she lives with her husband and young son in Queens, in an apartment overlooking the garden where her husband grows organic tomatoes, eggplants, peppers and lots and lots (and lots) of squash.
Sluggish Long Beach summer rentals command high prices
Photo credit: Douglas Elliman
With only days until the traditional Memorial Day to Labor Day summer rental season begins, at least two Long Beach real estate offices are facing a steep drop in summer rentals.
Joyce Coletti of Douglas Elliman Real Estate says she only has 14 inked leases for Long Beach properties so far – five houses and nine apartments. Last summer, she had roughly 80 summer rentals for the entire season.
She...
Read more »'Zero carbon footprint' home in Oak Beach for sale
Photo credit: Handout
Listed for $1.099 million, this three-bedroom, 2-1/2-bathroom Oak Beach residence has been renovated to serve as an extension of one woman’s appreciation and respect for our planet. “I wanted to create a way to live that was less of an impact — to be able to leave this behind so I could say I did something for the Earth and my community,” says seller Jill Lefkowitz.
She discovered the beach...
Read more »East Patchogue home comes with 5 boat slips
Photo credit: Charles Rutenberg Realty
If you’re in the market for marine euphoria, imagine this: One East Patchogue home on the market for $899,000 comes with five boat slips.
The dock, which is accessible by a 400-foot walkway, is equipped with electricity and water. It has three slips that run perpendicular and two that run parallel. The two-acre property also boasts a 20-by-40-foot gunite in-ground pool, cabana with a bathroom...
Read more »Rich Cribs: Own Mount Sinai's Davis Island, and more
Photo credit: Handout
LOTS OF HISTORY If you want a peninsula to call your own, Davis Island — about 1,000 feet off Shore Road in Mount Sinai — is up for grabs. On the market for $1.5 million, the 1.45-acre property contains a 4,950-square-foot house with bulkhead and a floating dock. The original part of the house, a 2,500-square-foot center hall Victorian with a large front porch, was built in 1860 by Capt. Adolphus...
Read more »Go inside $28M Asian-inspired Bridgehampton home
Photo credit: Handout
It's so hard to believe this Bridgehampton home exists on Long Island that cameras were sent to capture it on video. The property, listed for $28 million, is Asian through and through. Watch the clip here....
Read more »Why You Should Buy Their House: Rockville Centre
Photo credit: Danielle Finkelstein
Sellers Christine Remsen and John Cipriano
Address 11 Demott Place, Rockville Centre
Asking price $695,000
The competition A four-bedroom, three-bath Tudor on Patten Avenue is on the market for $649,000.
Recent sale in the area A four-bedroom, two-bath Colonial on Riverside Drive sold in mid-April for $750,000.
Taxes $19,649 (includes village taxes)
Time on the...
Read more »News 12 clip: New Hamptons luxury condo developments
Photo credit: Handout
Newsday's LI Home editor Valerie Kellogg appeared on News 12 Long Island Tuesday, as she does every Tuesday around 7:15 p.m., to talk about high-end condo developments rising in the Hamptons. Here's the clip, in case you missed it, with a list below of the agents representing each of the properties. To see past segments, click here.
WATCHCASE:
Cee Brown and Jack Pearson, The Corcoran...
Read more »Why Long Island home prices are rising slower than the U.S. average
Photo credit: iStock
U.S. home prices are up about 10 percent right now from the same time last year, multiple national reports have shown, yet local reports have indicated that Long Island's appreciation is just half of that -- or even less.
The closely watched Case-Shiller Home Price Index most recently reported a 9.3 percent nationwide increase, while a similar measure from market analytic firm CoreLogic, released...
Read more »Why you should buy their condo in Farmingdale
Photo credit: Anthony Lanzilote
Sellers: Michelle and Robert Heubish
Address: 64 Stratford Crescent, Farmingdale
Asking price: $349,000
The competition: A three-bedroom, 2½-bath condo in the same complex is on the market for $339,000.
Recent sale in the area: A four-bedroom, 2½-bath condo in the complex sold in mid-April for $326,000.
Taxes: Including Village of Farmingdale taxes, $8,102 (plus $240...
Read more »2013 Hamptons designer show houses for sale
Photo credit: Handout
Two designer show houses will highlight the Hamptons summer season, and both are for sale:
A JULY TO REMEMBER. A Bridgehampton property playing host to the 2013 Hampton Designer Showcase is on the market for $5.75 million. There are about $750,000 in upgrades and features planned for the home, including energy-efficient utilities and a complete entertainment room, says builder and listing...
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