Britvan of Commercial Realty Services completes sale of 74-room Jericho motel
Jack Britvan, SIOR, president of Commercial Realty Services of Long Island, represented the buyer and seller in the sale of The Hostway Motor Inn. The 74-room motel is located at 101 Jericho Tpke. The purchase price was close to the $3.3 million asking price. The motel is being updated by the new owners. Herb Kaplan was the seller.
Hauppauge, NY The Suffolk County Industrial Development Agency (IDA) has granted preliminary approval of a financial incentive package that will assist a manufacturer in expanding its business by manufacturing more prescription (Rx) pharmaceuticals in addition to its existing over-the-counter