Keyword: Business
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PSEG Long Island submitted a three-year rate plan last week that requests increases of 2 percent of aggregate revenues (customers’ bills) a year for the next three years. This will result in an average monthly bill increase of approximately $3.25 in 2016 and approximately $3.30 in 2017 and 2018. more
After more than 80 years in the community, Oberle Florist & Greenhouses may soon be no more. The nursery’s owners are currently in contract negotiations to sell their East Meadow Avenue property to a developer who is proposing to build a housing complex there. more
“It’s an exciting time to be an administrator of a business organization,” said Mitchell Allen, who, on Friday, was installed as president of the East Meadow Chamber of Commerce, succeeding Stephen Haller. more
The Metropolitan Transportation Authority approved a 4 percent increase of fares and tolls last week, leaving many residents frustrated over the increased cost of getting to work. Under the new … more
PSEG Long Island reports that as of 9:47 a.m., 174 households — all in central and eastern Long Island — are without power. Restoration is expected today. more
As the northeast gets ready for a historic snowstorm, PSEG Long Island is getting ready. According to a release, PSEG Long Island has: · Scheduled all available personnel so they are ready to … more
The East Meadow Chamber of Commerce will honor longtime member Walter Skinner as its Person of the Year at the organization’s 60th installation dinner on Friday. more
More than 1,000 people gathered for a community meeting in Westbury on Jan. 15 in a show of united opposition to a proposed video lottery terminal in a now-vacant Fortunoff at the Source Mall. more
The Town of Hempstead Board of Appeals adjourned a hearing on Dec. 10 for a proposed Taco Bell on 1939 Hempstead Turnpike at the request of residents, to allow them to arrange a community meeting with the restaurant’s attorneys to express their concerns. more
Q: First, my background is in commercial real estate – I buy, rehab and rent commercial space. But, a peer recently talked to me about buying distressed assets as a … more
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