Category: Spotlight Content

The sale of real estate may trigger capital gains taxes on the net profits of that sale. These taxes may be deferred by participating in a 1031 tax exchange, in essence, by purchasing property(s) to replace the

Generally, when you sell the home you live in and any commercial property you own, it may be subject to capital gains taxes. Always, before you take a listing, advise your client to speak to their accountant about

This spotlight showcases projects completed and currently under construction across Long Island as well as highlights improvements made to the region through Industrial and Economic Development Agencies and BIDs. 

Stony Brook, NY The Ronald McDonald House at Stony Brook University Hospital is developing a new three-story, 28-room facility on Stony Brook University’s East Campus, across from the hospital. Construction began in January 2026 and will provide families with a supportive place

Mineola, NY The Bridge is a $130 million, nine-story condominium development at 212-214 Third St., directly across from the Mineola LIRR station, that will bring 101 for-sale luxury residences and a 10,000 s/f multifunctional event venue to downtown.

The Town of Hempstead Industrial Development Agency (IDA), reflecting shifting market needs, continues to increase its focus on bringing desperately needed affordable rental housing to the Town of Hempstead.

Babylon, NY Power Resources International (PRI) is in the final close-out phase of LIRR contract #6359, Motor Generator Replacement at the Babylon Train Yard and the Hillside Power Facility. As the prime contractor, PRI was responsible for the entire project from inception to completion.

Hicksville, NY The Shops on Broadway is transforming one of Long Island’s most recognizable retail properties into a vibrant new destination. At the heart of the redevelopment is The District, an open-air environment designed by SPECTOR Companies around dining, entertainment, gathering, and community.

Ronkonkoma, NY TRITEC’s Station Yards is transforming Ronkonkoma into a vibrant, walkable, transit-oriented community where people can live, work, shop, dine, and connect. Designed by SPECTOR Companies, The Core Apartments bring contemporary architecture, sophisticated interiors, expansive amenities, and thoughtfully designed outdoor spaces to the heart of this growing community.

Islip, NY The tenant space at 250 Creative Dr. in Central Islip, formerly occupied by Creative Plastics, LLC, underwent a complete transformation into the newest Water Lilies Food production facility. The 298,000 s/f warehouse was extensively renovated and reconfigured to support the company’s large-scale food production, storage, distribution, and operational needs.

Valley Stream, NY The U.S. Merchant Marine Academy Alumni Association & Foundation Memorial Pavilion at United States Merchant Marine Academy in Kings Point, NY, reimagines the Academy’s Memorial Arbors as a prominent waterfront destination for remembrance, reflection, and healing.

Uniondale, NY Harris Beach Murtha is proud of its role in many of the significant development projects shaping Long Island. From healthcare to energy and beyond, Harris Beach Murtha’s work helps address some of the community’s most persistent challenges: senior housing for Long Island’s aging population, affordable housing, luxury housing for high-net-worth families, climate change and more.