Long Island

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Feds purchase East River island

When the Dutch paid $24 for the island of Manhattan, it was a pretty good deal for such a centrally located piece of real estate.

Now, 381 years later, the city is adding another island to its portfolio, this time it's the seller whose seemingly coming out ahead.

The city plans to announce today that it has received the deed for South Brother Island, the last privately owned island...

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