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On Long Island, a Fixer-Upper Rental Commands Top Dollar

$232 Million Sale Testifies to Strength of Location Halfway Between New York City and the Hamptons
With more than a dozen new apartment projects going up on Long Island, La Bonne Vie II could attract renters looking for a bargain. (CoStar)
With more than a dozen new apartment projects going up on Long Island, La Bonne Vie II could attract renters looking for a bargain. (CoStar)
By John Doherty
CoStar News
March 3, 2020 | 3:54 P.M.

A giant 45-year-old apartment complex on Long Island in New York sold for a whopping $232.5 million, according to CoStar data.

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