Homeowners looking to renovate their homes or build new homes are seeing high prices and scarce supply of building materials caused by pandemic-related shortages and delays.


Business

High construction costs, delays frustrate homeowners, contractors

Newsday

bzcost210718_video

Business Trending

Wallet Watch

LI's priciest home sales

People on the Move

Latest real estate news

Most Popular

Latest Videos

Latest videos

Long Islanders formed a line at Dick's Sporting Goods in Roosevelt Field starting at midnight Sunday morning to buy Knicks championship gear. Customers were emotional because of the Knicks' first NBA Finals victory since 1973. NewsdayTV's Shari Einhorn reports.

'It's just unbelievable'

NewsdayTV's Shari Einhorn sits with two mothers who have gone through a recovery program to better themselves and get their children back.

'I just had to battle my demons'

Police have raided nearly 240 spas in the last five years — 85 places more than once — and arrests are up more than 1200%. Newsday investigative reporter Sandra Peddie has the details.

'They are in every town'

Long Island Knicks fans are gearing up for this weekend's game after historic comeback on Wednesday night. NewsdayTV's Andrew Ehinger reports.

'The heart was definitely pounding'

Crews were working Friday to repair a large sinkhole near Exit 49 of the LIE in Melville that partially swallowed a car on Thursday. Two lanes remain closed.

Mess on the LIE

Sign up for the Daily Business newsletter

Business Newsletter Widget

From $3,000 playoff tickets to themed desserts and watch parties, Long Islanders are opening their wallets as the Knicks move within one win of their first NBA title since 1973.

'You can't put a price tag on it': How LI Knicks fans are spending big during Finals run

Business Article Bottom Module

Shares have soared in Asia after a tentative deal was announced on ending the Iran war and reopening the Strait of Hormuz.

Tentative deal on ending the Iran war sends stocks soaring while oil prices fall

Global consumers want more protein in every bite, but the dairy industry is struggling to give it to them.

The world wants more high-protein products, but there's not enough whey to go around

OpenAI received a subpoena from several states as part of a probe into the safety of customers using its chatbot as it prepares to offer stock to the public for the first time.

OpenAI hit with multistate probe into possible user harm as its IPO looms

Rising gas prices pushed inflation to its highest level in three years, new data showed this week, a headache for the Federal Reserve and a potential political challenge for the Trump administration as midterm elections near.

America In Focus: Inflation hits 3-year high, Wall Street rallies and Musk becomes a trillionaire

Elon Musk, the world's richest man and now first-ever trillionaire, controls a lot of different businesses.

From rockets to brain implants, here's a look at Elon Musk's vast empire

Think you can ignore all the hubbub around SpaceX, Elon Musk and IPOs.

You can ignore AI giants like SpaceX, but your 401(k) won't

Business Video Playlist

The price of childcare can be prohibitive for many Long Island parents. NewsdayTV's Andrew Ehinger reports along with NewsdayTV's Ken Buffa, Newsday business reporter Victor Ocasio and daycare owner Janna Rodriguez.

'Probably as much as rent or mortgage'

The overall inflation rate for the Long Island area is now 5.1%, up from 3.4% in May 2025. Newsday business reporter James T. Madore has more.

'Long Islanders are feeling the pain'

Recently passed state auto insurance reforms could help lower car insurance rates as much as 10% for New York drivers, according to some estimates. NewsdayTV's Virginia Huie reports.

'If it ain't now, it ain't happening. It's a dream.'

If approved, it would be the first new hospital on Long Island since 1980. Newsday business reporter James T. Madore has more.

'There are steps still to go'

The Riverhead Shake Shack, opening June 30, will be the chain's first on the East End.

Shake Shack set to open at Tanger Outlets

If approved, the 130,000-square-foot Bass Pro Shops Outdoor World would feature an indoor aquarium, historical displays and taxidermy wildlife mounts.

Bass Pro Shops combines outdoor gear, tourist attractions

Amanda Pastore, of Levittown, feels the pressure to provide her son a birthday party like other children his age — but at what financial cost?

'I just want him to fit in with everybody else'

Median home prices rose 7.8% in Nassau and 6.7% in Suffolk in April. Newsday business reporter Jonathan LaMantia has more.

'Things are looking up in terms of the number of new listings'

Government data shows grocery inflation in the metro area has risen 1.5%. NewsdayTV's Andrew Ehinger reports.

'Everybody is feeling the pinch'

A number of Long Islanders are picking up extra jobs in an effort to make ends meet. NewsdayTV's Andrew Ehinger reports.

'Nearly a third of Long Islanders reported being financially strained'

NewsdayTV's Ken Buffa shows you Newsday's new website where you can find stories, data and tips concerning your bottom line.

Introduction to Newsday's Wallet Watch

NewsdayTV's Ken Buffa, Andrew Ehinger and Newsday business reporter James T. Madore look at why everything seems to cost more on Long Island.

'There's still nothing like Long Island'

NEWSDAY TV SHORTS

Vertical videos

Long Island reacts to the Knicks' NBA Finals victory

Newsday travel reporter Carissa Kellman takes the pedicab from Robert Moses to Kismet.

Fire Island daycation: Visiting Kismet via pedicab

The state announced millions in grants available for water quality improvement and protection projects. NewsdayTV's Virginia Huie reports.

NY announces millions in water quality improvement grants 

Family's fourth generation takes posession of The Selina II, a century-old sailboat built in Greenport.

Set sail in piece of maritime history

Matthew Smith pleaded guilty in a Riverhead courtroom for a DWI crash that claimed the life of off-duty police officer Patricia Espinosa. NewsdayTV's Andrew Ehinger has more.

Driver pleads guilty in crash that killed Nassau police officer

NewsdayTV's Macy Egeland chats with LGBT Network President David Kilmnick and Newsday features reporter David J. Criblez about Long Island's 2026 Pride Month celebrations.

Pride Month: Parades, concerts, and more 2026 celebrations

NewsdayTV's Ken Buffa visits Yaphank Deli to try their "chip bag sandwich."

Trendy Bites: It's a bag of chips ... it's a sandwich ... it's the chip bag sandwich! 

NewsdayTV's Doug Geed stops by the iconic Jamesport Country Store, your go-to destination for vintage antiques, vibrant local art, and charming homegrown goods.

Out East: Take a step back in time at the Jamesport Country Store

The best friends, who are known at South Side High School as the "Dynamic Duo," are among Newsday's 2026 Extraordinary Seniors.

Extraordinary Seniors: Seniors Alex Banilower and Luke Schauf

The lack of formal reporting requirements is part of a statewide effort to keep kids in homes and out of the child welfare system, advocates say. NewsdayTV's Shari Einhorn and Newsday investigative reporter Payton Guion have more.

Jor’Dynn Duncan missed 40 days of school before her death. Her district wasn't required to flag it.

<a href="https://www.newsday.com/video/newsdaytv-top-stories">Get more on these and other NewsdayTV stories</a>

Newsday TV

NewsdayTV Top Item

App Nativo Ad Unit Slot

Business - megaslot

Keep up with Long Island and national business news, including complete coverage of local companies, technology updates, stock market changes and more.

Stay logged in.