Business

Jobs cancelled, loans rejected, two months waiting for unemployment to kick in, creditors calling. This Amagansett contractor's story will sound familiar to many who've been left reeling from the financial pain of the pandemic.

One month after the Peconic Bay Community Preservation Fund recorded the highest first quarter revenues in its 22-year history, Assemblyman Fred W. Thiele Jr. announced last Thursday that in April revenues had fallen to a level more on par with 2019.

Two months of a nearly complete economic standstill came to an end Wednesday, when Long Island reached regional criteria necessary to reinstate some industries as evidence shows that the spread of Covid-19 here is increasingly under control.

These prices have been calculated from the county transfer tax. Unless otherwise noted, the parcels contain structures.

The $100 million program will provide low-interest loans to small business owners, nonprofits like day care centers and food banks, and residential landlords who did not receive one of the federal loans offered earlier. Eighteen percent of the money will be set aside for Long Island.

As with nearly everything else in the Northeast, private jet travel has declined during the Covid-19 pandemic, but not by as much as one might assume.

South Fork retail stores have been closed to the public during the economic shutdown, but when they are allowed to reopen, shopkeepers said this week that they will be welcoming back customers with steam-cleaned products, curbside pickup, sidewalk sales, and pleas to wear masks and practice social distancing.

Blumenfeld and Fleming, an advertising, marketing, and design firm in Montauk, has won three platinum and five gold awards in the international Hermes Creative Awards competition.

The closure of restaurants and bars, endless time at home, various distillations of apocalyptic doom — these ingredients make a strong cocktail for business at wine and liquor stores during the pandemic. 

These prices have been calculated from the county transfer tax. 

Wary about the prospect of welcoming a series of new visitors in the midst of the Covid-19 pandemic, the inn's management announced this week that it will seek to rent the entire property from June 1 to Labor Day for $1 million, or $350,000 per month.

These prices have been calculated from the county transfer tax. Unless otherwise noted, the parcels contain structures.