East end auto dealer plot sells for $4.5M
Manhattan-based Feldman Realty Group paid $4.5 million – about $500 per square foot – for a two-story, 9,000-square-foot, former auto dealership at 16 Hill St. in Southampton. The property was last...
View ArticleLow expectations for empty car dealerships
Lately the sound of negotiation has been replaced by stunned silence as car dealers try to make deals that dwarf any car purchase: They’re trying to lease or sell their dealerships. Chrysler’s and...
View ArticleNY dealers pull out of clunkers program
Hundreds of auto dealers in the New York area have withdrawn from the government’s Cash for Clunkers program, citing delays in getting reimbursed by the government, a dealership group said Wednesday....
View ArticleCash for Clunkers to end on Monday
Car shoppers have until Monday night to take advantage of lucrative Cash for Clunkers rebates from the government, and the Obama administration is hoping for a smooth ending to a program that has...
View ArticleDealers hope for payment as Clunkers program ends
The wildly successful $3 billion Cash for Clunkers program has generated more than half a million car sales. Now dealers hope to get paid. The deadline for car dealers to submit reimbursement paperwork...
View ArticleCar dealer still fighting Chrysler
Though he’s spent most of his life at a Chrysler automobile dealership – his dad had owned one in Port Jefferson – Mark Calisi has spent the last two years trying to get his Chrysler franchise back....
View ArticleTriumph of the private sector
A survey shows grocery stores offer the best customer experience.
View ArticleSyosset Tesla dealer to remain open after law change
Gov. Cuomo has signed legislation that lets Tesla Motors keep its five retail locations in the state while strengthening auto dealer franchise protections.
View ArticleAuthorities go after crooked car deals in national crackdown
A nationwide crackdown on auto dealers has turned up widespread evidence of false ads, deceptive loans and fake odometer readings, the government said Thursday.
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