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Lowe’s plans fifth Long Island location

BY HBSDEALER Staff

After repeated difficulties securing real estate on Long Island, Lowe’s has agreed to purchased a catering hall in Huntington Station, N.Y., for $36 million, according to the Long Island Business Journal.

Huntington Townhouse, a 148,000-square-foot banquet hall, was a popular spot for weddings, bar mitzvahs and charity events. Lowe’s will build a 117,00-square-foot store on the 18-acre site, a Lowe’s spokeswoman told the Business Journal.

It will be the retailer’s fifth location on Long Island, where company officials have said they want to open multiple locations.

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Lowe’s undertakes campaign to aid flood victims

BY HBSDEALER Staff

Lowe’s has announced all of its stores in Texas, Oklahoma and Kansas will be set up to receive cash donations on-site following serious floods in parts of those states. Funds will benefit the American Red Cross.

Lowe’s Charitable and Educational Foundation will match donations from customers, up to $50,000.

Rains have caused serious damage in river communities in those southern states. Earlier, a state of emergency was declared in Oklahoma, while more than a thousand homes reportedly have been destroyed by floods in Texas, and thousands of residents have been displaced in all three states.

Lowe’s Charitable and Educational Foundation, the philanthropic arm of the nation’s second largest home channel retailer, aids a variety of organizations, including Habitat for Humanity, local education systems and others.

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Miron Building Supply acquires Catskill dealer

BY HBSDEALER Staff

Miron Building Supply, an LBM dealer based in Brooklyn, N.Y., has purchased Bogner-Seitel Lumber for an undisclosed price. The deal was effective July 2.

Headquartered in Monticello, N.Y., Bogner-Seitel Lumber is situated in the heart of the Catskills and serves contractors, camps, hotels and commercial operations in New York, New Jersey and Pennsylvania.

In addition to its Brooklyn store, Miron Building Supplies has locations in Gardiner and Ridgewood, N.Y.

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