<p>According to&nbsp;OneKey MLS,&nbsp;Long Island homebuyers purchased homes&nbsp;at record prices in May.&nbsp;Nassau&nbsp;was&nbsp;13% higher than in the same month a year ago and&nbsp;Suffolk&nbsp;rose 14.2% in the same period.&nbsp;</p>


Business

BZHOME240618_video

Long Island home prices break records again in May

onecms:817f4459-fac6-433c-939b-02cc1be6507c

Newsday

Record home prices on Long Island

BZHOME240618_photos

Business Trending

LI's priciest home sales

People on the Move

Latest real estate news

Most Popular

Latest Videos

Latest videos

Frank Agoglia, a WW2 vet who jumped behind enemy lines on D-Day, recieved the French Legion of Honor. NewsdayTV's Virginia Huie reports. 

'We owe you our freedom'

A court order will allow more than 300 residents at Cold Spring Hills Center for Nursing & Rehabilitation to stay there, for now, after they faced evacuation threats earlier this week.

Judge issues temporary restraining order for residents of Woodbury nursing home

Gilgo Beach Task Force investigators say accused Gilgo killer Rex Heuermann exhibited a "persistent interest" in the case before his arrest. Newsday Suffolk County Courts Reporter Grant Parpan has the story.

'He saved a newspaper article from 30 years before his arrest'

Luigi Mangione landed at MacArthur Airport on his way to New York City to face murder charges in the killing of UnitedHealthcare CEO Brian Thompson after waiving extradition Thursday. NewsdayTV's Ken Buffa reports.

Luigi Mangione ordered held without bail in NYC

Nassau officials are seeking federal authority to ticket drone operators or take the devices down. NewsdayTV's Ken Buffa reports.

'We also want federal legislation that would allow us to issue a federal summons'

Sign up for the Daily Business newsletter

Business Newsletter Widget

Amazon delivery drivers and Starbucks baristas are on strike in a handful of U.S. cities as they seek to exert pressure on the two major companies to recognize them as unionized employees or to meet demands for an inaugural labor contract.

Amazon and Starbucks workers are on strike. Trump might have something to do with it

Business Article Bottom Module

Suchir Balaji, a former OpenAI engineer and whistleblower who helped train the artificial intelligence systems behind ChatGPT and later said he believed those practices violated copyright law, has died, according to his parents and San Francisco officials.

Ex-OpenAI engineer who raised legal concerns about the technology he helped build has died

For small businesses, the biggest change for the new year will be the arrival of a presumably more business-friendly administration in Washington.

What changes should small businesses be aware of for 2025?

Big Lots will start going-out-of-business sales at its stores, the company said. Party City, which has 14 stores on Long Island is also closing all of its stores, according to a media report.

Big Lots, Party City join growing list of LI store closures

Big Lots and Party City will be closing all of their locations including on Long Island. 

Big Lots and Party City close its retail stores 

Discount chain Big Lots is conducting going-out-of-business sales at its remaining locations after a sale of the company didn't materialize.

Big Lots conducts going-out-of-business sales after sale of company falls through

Flagstar Financial, formerly New York Community Bancorp, settled with the SEC over misleading statements about a 2021 cyberattack impacting 1.5 million customers.

LI bank to pay $3.6M fine for misleading customers, investors

Business Video Playlist

Trader Joe's plans to open a new grocery store in Miller Place on Route 25A. NewsdayTV's Ken Buffa reports.

Construction expected to start early '25 on new Trader Joe's

Richters Orchard in Northport and Schmitt's Family Farms in Dix Hills offer two different fall experiences, but both families who live there love it. Newsday real estate reporter Arielle Dollinger reports.

'I want to see people coming through the yard'

The Island's first Wegmans is set to open in February 2025. Store manager Dawn Cooper gives us a sneak peek inside the 101,000-square-foot store.

First Wegmans on LI set for February opening

Modupe Ruth Ogunlaja Armstead and her husband, Don Armstead, owners of MRO Palace in Elmont, spoke about how they will be using Small Business Saturday to boost their business — not an easy task for a store where everything is custom-made.

'I want everybody that comes here to have an experience'

Despite worries about inflation, LIers were still out at the malls early on Black Friday/

Catching up with Black Friday bargain hunters

Long Island shoppers hit the malls and outlets for the best deals on Black Friday. NewsdayTV's Shari Einhorn reports. 

'They want to see, touch and feel what they're purchasing'

Holiday shoppers are looking for deals in 2024, with consumer spending expected to increase. NewsdayTV's Virginia Huie reports.

'Get those deals while you can'

Las Vegas Sands wants to add one lane on each side of a stretch of the Meadowbrook Parkway in order to blunt the impact of a new casino-resort.

Las Vegas Sands proposes Meadowbrook Parkway expansion 

Black-owned small businesses received less encouragement from banks, including some in Nassau County, according to a federal study. NewsdayTV's Ken Buffa and Newsday business reporter Jonathan LaMantia report.

'You need access to this capital'

According to the American Farm Bureau, the cost of groceries to make Thanksgiving dinner at home this month will be a little cheaper than it was last year.

"Just looking out for all the sales"

She's one of many live wedding painters across the Island who have made the popular trend a part of their every day business.

Meet Angelis Vaca, a local wedding painter on Long Island

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

Newsday TV

NewsdayTV Top Item

Newsday Live presents a special evening of music and conversation with local singers who grabbed the national spotlight on shows like "The Voice," "America's Got Talent,""The X-Factor" and "American Idol." Newsday Senior Lifestyle Host Elisa DiStefano leads a discussion and audience Q&A as the singers discuss their TV experiences, careers and perform original songs.

Newsday Live Music Series: Long Island Idols

Business - megaslot

What's happening with Long Island companies, Nassau & Suffolk small businesses, plus stock market updates.

Stay logged in.