Featured Story
02/05/19 2:00pm

COURTESY PHOTO

Shelter Island real estate professionals are unanimous in their optimism about the 2019 market.

Coming out of 2018, with a steep downturn in Community Preservation Fund (CPF) revenues of 44.6 percent from 2017, they see an upswing as deals that closed late in 2018 begin to flow through the pipeline to give a boost to the first quarter of this year.

Money for the CPF comes from a 2-percent tax buyers pay when purchasing East End properties and is used as a concrete market indicator of sales and revenues. (more…)

Featured Story
02/25/18 11:00am
JULIE LANE PHOTO The Capital One bank building is for rent.

JULIE LANE PHOTO The Capital One bank building is for rent.

An iconic Island inn on the block, the ongoing effort to sell a second, and a conversion of the former Capital One Bank building into rental space are dominating the commercial real estate market on Shelter Island. (more…)

Featured Story
02/23/18 10:00am
REPORTER FILE PHOTO

REPORTER FILE PHOTO

With Wall Street on an historic ride, Shelter Island real estate professionals are hoping to cash in by convincing investors to buy property here. (more…)

Featured Story
02/19/18 4:30pm
REPORTER FILE PHOTO

REPORTER FILE PHOTO

With Wall Street on an historic ride, Shelter Island real estate professionals are hoping to cash in by convincing investors to buy property here. (more…)