LongIsland.com PX4 Development has paid $15 million, or $187,500/room, for the former 80-room Hampton Inn at 120 Jericho Turnpike in Jericho, N.Y., with plans to convert it into a student-housing property. The Manhasset, N.Y., developer will carve out units with up to three bedrooms each. New York Institute of Technology already has signed a long-term […]

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