Regions Northeast | New York
LIRR to Reopen Republic Train Station
May 2, 2008

The Long Island Rail Road plans to reopen the Republic train station in East Farmingdale, which could lead to a 1.2-million-square-foot development in the area, Newsday reported. Additionally, there are plans to develop a village centered around public transportation at Route 110 and Conklin Avenue, which could add up to 1.2 million square feet of retail, office, residential, entertainment and hotel space. Republic LIRR station closed in 1987, when the Fairchild-Republic aircraft plant in Farmingdale shut down.

 
Recent New York Headlines
201 W 92nd Manhattan Apartment Sold to Local Investor
A partnership including Kent Swig of Swig Equities L.L.C. has sold a pair of pre-war apartment buildings on Manhattan’s Upper West Side to a locally--based operator of residential and mixed-use properties for $61 million, or about $450 a square foot.
logo Merrill Lynch Backs Out of Plans to Move HQ to WTC
The Port Authority of New York and New Jersey confirmed today that Merrill Lynch has pulled out of plans to locate its headquarters at a new office tower to be constructed at the World Trade Center site in Lower Manhattan.
Brooklyn Land Parcel Sells for $22M
In a transaction valued at $22M, Kalmon Dolgin Affiliates arranged the sale of a 42,000-square-foot development site on North 3rd Street in the Williamsburg neighborhood of Brooklyn, N.Y.
Computer Technology Company to Give $1.5B to New York Projects
New York City Governor David Paterson announced IMB Corp.'s intention to invest $1.5 billion in certain upstate New York projects with the state donating $140 million in development grants, Reuters reported today. The financing is expected to generate 1,000 high-tech jobs, according to the paper.
CBRE Promotes 2 to VP
CB Richard Ellis has promoted Steven Robinson, in the Retail Services Group and Roshan Shah, in the company’s Global Brokerage Services Group, to vice president in its New York City office.