Nassau looks to sell ground leases
In a move that would mortgage a big chunk of Nassau’s future real estate revenue, the county wants to sell 18 of its long-term ground leases to get the money now instead of later. Nassau has issued a...
View ArticleRXR pays $37.5M for Nassau land leases
Nassau County will get $37.5 million from RXR Realty for 18 land leases in Mitchel Field the county’s been trying to sell. RXR will get about $3.7 million a year in lease payments for the next 30...
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