Illinois investor seeking to buy new rental complex in Farmingville for $190M

The potential sale underscores how valuable rental properties are for investors, a housing trade group said.

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Driver dead after East Patchogue crash, police say
Photos: Hills West vs. ESM
Vince Corso and Anderson McMorris help Hills West defeat Eastport-South Manor
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Meet the winners of Newsday's 3rd annual Cheer Fest
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Police: High School basketball player punched by man during game
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State pushes back deadline for Brookhaven landfill cleanup report
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Sneak peek: New stores coming to Roosevelt Field this year
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What's coming to Tanger Outlets this year
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The ultimate guide to outdoor dining on LI
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LI restaurants with a water view
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3 waterfront restaurants to try this summer
Bellport introduces its inaugural basketball hall of fame class
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Photos: Bellport's inaugural basketball hall of fame class
Protesters gather across LI to denounce ICE following Minnesota shooting
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Delbridge scores 26 points to propel Deer Park past host Bellport
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Photos: Suffolk boys basketball — Deer Park at Bellport
Pedestrian, 27, struck by BMW suffers serious injuries, police say
LI woman claims $1M prize in NY Lottery's Million Dollar Raffle
The infant was 5 weeks old
Jay Matuk, LI educator from Miller Place, dies at 66
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Judge sentences father who beat newborn son, calling it a 'reprehensible act'
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Winter nightlife on LI: Sports leagues, cozy cabins at a winery and more
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Fire Island for first-timers: How to get there, the communities and travel tips
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DJ sets not to miss this summer on LI
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6 houses near the water that sold for under $1 million
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Chief: Fire Island Pines home destroyed in overnight blaze
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From $7,000 a week to $225,000 for the summer, see what rentals are still out there and what they cost
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Fire Island Pines gets $17M makeover: See what's in store
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'Classic' Fire Island Pines home lists for $1.7M
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Wayne Heyser, year-round Fire Island Pines resident, dies at 79
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'It was really intense'
Fire Island blaze destroys 'million-dollar' home
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'Weekend of Women' in Cherry Grove celebrates queer women in new autumn festival
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Feds OK $52M for emergency repairs on Fire Island
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Second gentleman Doug Emhoff stumps for wife Kamala Harris at Fire Island Pines fundraiser
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Fire Island home with 'generously sized' pool on market for $4.85M
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Fire Island Pines 'Pyramid House' lists for $4.25 million
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'A life that had a lot of promise'
Gilgo Beach victim Karen Vergata's journey back home
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January storm caused overwashes, not breaches, on Fire Island
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Sandbags will be placed along eastern Fire Island beaches damaged by storms
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Fire Island AIDS Memorial to honor those who died during the epidemic
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