The article addresses the Long Island housing crisis, a serious economic and social challenge facing residents. In a panel discussion at Bethpage State Park, a prominent Real Estate Institute event, professionals emphasized the need for change. Over 200 industry experts gathered to discuss the obstacles to sustainable housing development, highlighting challenges such as long approval processes, an uninformed public, and legislative obstacles. Anthony Bartone, a well-known developer, identified several significant issues, including the scaffolding law in New York, the one-month security deposits limit, wage mandates, and the Good Cause Eviction law, which would cap annual rent increases. His frustration with…

In the context of the report from the Wall Street Journal and the authorized press on March 13, 2024, the initial statements were met with skepticism and uncertainty, given the ongoing turbulence in the franchise industry. Gino Blefari, the former CEO, made a clear declaration declining to comment on the report, stating that discussions, negotiations, or agreements were nonexistent. Additionally, no definitive deal was being anticipated. This situation was puzzling in multiple ways. Concerns arose from the timing, as some articled that the deal might come around “soon,” referencing thoughts from financial analysts who believed the moment had already materialized.…