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At the Everly, Students Are Now Moving into $1,475/Month Studios

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click to enlarge PHOTO BY CAITLIN LEE The Everly's amenities include a fourth-floor pool and a Jumbotron. Tuesday was move-in day at Everly on the Loop — the pricey new high-rise on Delmar targeting students at Washington University and other nearby colleges . Complementary sushi from United Provisions and Insomnia cookies were just the start of amenities that greeted new residents. Around 250 people were moving into their furnished apartments. Seventy-five more will join them next Monday, just a week before for classes start at Wash U. That’s enough to fill about three-fourths of the building’s 428 bedrooms, says Brant Pustay, a leasing and marketing specialist with Landmark Properties, which is managing the project on behalf of the Koman Group. Management teams have hosted a variety of promotions over the recent months. Some marketed free food celebrating graduates at Chris Sommers’ nearby restaurants Pi and Zza, while others offered new le...

Long Island Real Estate is Changing

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The Ronkonkoma Hub could create a reverse commute from New York City image: tritec They’ve been called the selfie generation, entitled and lazy. But Millennials are now the largest generation and, after a decade of moving away from New York’s metro Long Island region , they are beginning to stick around. The number of people aged 20 to 34 living on Long Island rose 7 .6 percent from 2010 to 2015 according to a report released by Long Island Association in June. Despite the stereotypes, experts see the increase as reason for optimism. “It’s vitally important, particularly for businesses that make their home here,” said Robert Loscalzo, the chief operating officer of Tritec Real Estate Company, which specializes in the type of mixed-use housing this generation favors. “You need a vibrant workforce and from the standpoint of job creation it’s vital that companies have a source of labor.” But a home doesn’t necessarily mean a house, especially for Millennials. Nationwide, 34.1 percent of...