Why $2K? LI’s apartment M&A madness.

On Long Island single-family homes remain pricey and there are relatively few alternatives. Long Island has become more accepting in recent years of multi-family housing. Over in the rental market, the vacancy rate on Long Island was just 2.3 percent in the fourth quarter of 2018 compared to the rental vacancy rate across the U.S. was double that last year at 4.6 percent.

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