A Rare Niche: New Homes for Rent – Featurette NY TIMES

The Campos have been buying land and building homes in the hamlets around Port Jefferson Station — Miller Place, Mount Sinai, Middle Island — for 40 years, Mr. Campo said.

Building new homes for rent is a niche market that can work for builders who have invested in land over time, said Robert Wieboldt, executive vice president of the Long Island Builders Institute, an association of more than 600 Long Island building industry companies. Read Full Article

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