A Florida-based real estate developer has acquired the 1,200-acre Grossinger’s property in the Catskills with plans to redevelop the historic site. The project aims to revitalize the former Borscht Belt resort, which…
💡 Five Town Homes & Living — The potential transformation of this massive site into a modern destination will likely influence the regional second-home market, potentially shifting demand for vacation properties among Nassau County residents who have historically frequented the Catskills. Homeowners currently holding investment properties in upstate New York should monitor how this large-scale commercial development impacts local tax assessments and regional tourism infrastructure over the next three to five years. If you are considering liquidating or upgrading a vacation home in light of these changing regional dynamics, now is the time to analyze your property’s current equity against shifting market trends in the Catskill corridor. **We are your advocates, not just your agents.**
From Long Island roots to Catskill retreats.
We help you evaluate how large-scale regional developments like the Grossinger’s project impact the long-term value of your vacation property portfolio. We’re your advocates, not just your agents.
Source: Newsday
Joey Frankel, a native of the Five Towns, Long Island with years of real estate experience is a social media expert, who will get your home the maximum exposure it needs. She is also a dual agent for both Manhattan and Long Island. Joey will bring you young professionals who are seeking the suburban lifestyle. Sandy Carl is a native of the Five Towns Long Island and familiar with the surrounding communities and school districts on Long Island. She brings over 15 years of event sales experience and real estate with a keen eye for design and home renovations. Frankel/Carl Team Five Town Homes at Douglas Elliman | Licensed Real Estate Professionals | 516-342-0056
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