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Scam Alert: Real Estate Fraudsters Targeting Vacant Properties On Long Island Scam Alert: Real Estate Fraudsters Targeting Vacant Properties On Long Island
Scam Alert: Real Estate Fraudsters Targeting Vacant Properties On Long Island Police are warning of an uptick in real estate scammers who are targeting vacant properties on Long Island. Southampton Town Police put real estate agencies on notice that they’ve seen an increase in criminals posing as property owners who seek representation in negotiating the sale of lien-free, vacant land. The scammers can successfully defraud a potential buyer by accepting funds that are transferred to an out-of-town account. Police warned real estate agents to watch for the following warning signs from potential clients who claim to be out of state: Listing the property below market…

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by Michael Mashburn
Real Estate
Billy Joel Lists Waterfront NY Estate For $49M Billy Joel Lists Waterfront NY Estate For $49M
Billy Joel Lists Waterfront NY Estate For $49M Billy Joel is movin' out -- of one of his residences, at least. The legendary 74-year-old singer has listed his waterfront estate on the north shore of Long Island, located on Centre Island in Oyster Bay, for $49 million, the Wall Street Journal reports. According to its listing on Zillow, the estate, built in 1994, is 26 acres and includes: A 20,000-plus square-foot estate house currently under renovation with an elevator to all floors,  Helicopter pad, Floating dock and boat ramp on Oyster Bay Harbor, Four-bedroom gate/guest house with an attached three-bedroom apartment …

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by Joe Lombardi