Inside these posts: New York

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Feb. 22 at 6:21 a.m.
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Filed under: Housing, Real estate

Chicago trailer park owner enters Long Island

By Dow Jones Newswires-Wall Street Journal

One of the nation’s largest owners of trailer parks has quietly entered Long Island with the purchase of a 328-lot property near the Hamptons and the Long Island Sound.

Hometown America Corp., of Chicago, paid nearly $22 million for the 101-acre Thurm’s Estates community in Calverton, about $66,000 per lot. That’s more than double the national average, says Buddy Martin, one of the deal’s brokers. Get the full story »

Dec. 3, 2010 at 4:18 p.m.
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Filed under: Commercial real estate, Real estate

Google buys huge building for $1.8 billion

By Reuters

Google has signed a deal to buy a huge Manhattan building, where it is a tenant, for $1.8 billion in one of the largest sales of a single building this year, according to a person close to the transaction. Get the full story »