<p>With a limited number of houses on the market, home prices were at an all-time high in June on Long Island.&nbsp;</p>


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LI home prices hit record high in June 

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'A lot of people are watching what the Federal Reserve does' 

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About 200 residents are trying to save their homes amid the possibility of the Harborside retirement facility closing due to bankruptcy. 

Harborside retirement community residents could be without a home 

The median home sale price on Long Island — excluding the East End — rose to $700,000 for the first time among deals that closed during the July to September period, Newsday real estate reporter Jonathan LaMantia reports.

Record high median home price on Long Island 

Home prices on Long Island may have reached their peak in 2024. NewsdayTV's Ken Buffa discusses with business reporter Jonathan LaMantia.

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Median prices in Great Neck, Amityville and Franklin Square all increased at least 17% in the first half of 2024. NewsdayTV's Virginia Huie and Newsday business reporter Jonathan LaMantia have the story.

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According to a report by state Comptroller Thomas P. DiNapoli, pretax profits of securities firms in New York City rose nearly 80% in the first half of this year compared with the same period in 2023.

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Getting a head start on holiday shopping? RetailMeNot's Stephanie Carls talks about what Amazon has to offer on Oct. 8 and 9.

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Dockworkers began walking picket lines early Tuesday, at ports from Maine to Texas, including New York, in a strike over wages and automation that could reignite inflation and cause shortages of goods if it goes on more than a few weeks.

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The number of furniture retailers on Long Island are on the decline, particularly mom-and-pop shops, according to the U.S. Bureau of Labor Statistics. NewsdayTV's Virginia Huie reports.

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Kmart in Bridgehampton, the discount retailer's last full-size Kmart in the U.S., will close its doors next month after 25 years in operation.  

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The median single-family home in Nassau sold for $835,000 last month, while the Suffolk median rose to $680,000.

Home prices on Long Island are continuing to climb

The Federal Reserve has cut interest rates for the first time in more than four years. Newsday's business reporter Jonathan LaMantia explains how this will affect Long Islanders. 

What Fed's decision to cut interest rates means for LIers 

<a href="https://www.newsday.com/video/newsdaytv-top-stories">Get more on these and other NewsdayTV stories</a>

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Vet gets $2.3M in alleged assault by cops ... Penny trial latest ... Suspect in resort killing found dead ... Family wheely racing

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