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Why Billy Joel is buying so much real estate

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The Long Island Business News reports that singer Billy Joel said that he's been buying so much real estate lately because, "I love Long Island and want to own as much of it as I can." In accepting the "master builder" award Thursday night from the Foundation for Long Island State Parks, he told the audience not to worry. Unlike previous honoree Donald Trump, who's building a catering facility at Jones Beach, he said there would not be “a 20-foot sign that says 'Joel.' " Joel recently went into contract on a new home in Sagaponack, next door to another home he bought earlier this year. Read the full story here.

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Comments (20)

This is great news!

Hopefully Billy Joel does for Long Island what Christie Brinkley is doing for the New York Islanders Hockey Team; Perfect Promotion!. Go Billy!

More power to you Billy Joel! If you got it, flaunt it, as they say! How about he builds more highways while he's at it! Instead of buying up Long Island, what about releasing some new music?

Billy Joel is a very stand up guy...He is a long Islander. He grew up here on Long Island. His family is from Long Island.Billy Joel is a gentleman.. I have alot of respect for him staying on Long Island........I have been living here on Long Island for 51 years......... Where else can you go in what we have. We have north & south shores beaches, then you have The New York Islanders hockey team and New York Rangers,Then Baseball Yankees and Mets,New York Knicks,then pro soccer teams,arena footballs,and then you have New York City............I wish the very best for Billy Joel and his new wife...........Billy Joel daughter has a great voice like her dad.......I`m very proud to be Islander.

Why is he buying so much?

thats easy...because he can afford it, and its only getting more valuable

the more private land he has to drive drunk on ...the less probability he will crash into someone elses property hahahhaha.....i'm kiddin....he's a great guy. get at it while its on sale !

I'm a native Long Islander and so proud of our native son. All the best to Billy. And I sure wouldn't mind a big sign with his name on it, particularly on a venue billboard and tickets to the event in my hand.

Sadly, pretty soon, people like Billy Joel are going to be the ONLY people who can afford Long Island.

Billy's not only owned a lot of homes, he's crashed into many more.

BILLY JOEL IS BUYING HIGH AND WILL SELL LOW MOVE OUT NY BEFORE ITS TOO LATE! WAY TO HIGH!

Awesome attitude Billy!

Keep up the good work - you make me a proud Islander...


Dan
www.BillyJoelForum.com

Let's face it, except for NYC, Long Island has nothing that you can't get for half the price somewhere else. I feel like a sucker for staying here and being sucked dry by taxes caused by legislative mismanagement. Once real estate prices come back and I can make a few dollars on the house, it's time to go.

"Once real estate prices come back and I can make a few dollars on the house, it's time to go."

Why wait for the prices to come back to the fundamentals; sell now, while the houses are still overpriced; this way you'll get more than just a few dollars.

Congratulations Mr. Joel! More power to you. I've only been living on the Island for the last 8 years but like Mr. Joel, I love Long Island. It's agreat place to live and an even greater place to raise a family. Unfortunately it's also becoming a very expensive place to stay. Hopefully Mr. Joel can one day decide to run for some kind of political office and can make some kind of impact to assist middle class Long Islanders like myself to be able to afford living on this very beautiful Island. I know he would definetly make a brilliant politician just like the brilliant Piano Man he is. You have my vote Mr. Joel.

You were great when you were with The Hassles. ..... and you at you now .. Beautiful grown daughter ,beautiful wife and hope... for the life beyond your wildest dreams. Knew you back then... Saw you opening night at the Garden and the closing night with floor seats.... that was incredible... #12 shirt, ballooons and all
Remember you hold the future in your hands

Dear Mr. Joel,

Long Island needs you. Its character is slowly beginning to disappear with big corporate stores, kitchens, building etc.

Yesterday we listed a cute horse farm that caters to children in the horse community. The land is now going up for sale, and unless a horse lover buys It , builders will probably break it up and build build build.

Would you be interested in hearing more about it? The community would love to see it continue. The owner expresses an interest it helping it continue after he moves on. I can be contacted at my email address at Fran@lihorseproperties.com

Billy Joel is a great Long Islander growing up in Long Isand was great but pircing and taxes are hurting alot of L.I. I believe he is buying all the property he can for the retirement years to sell off prices are not going down. Wilmington N.C is alot like Long Island 20 30 years ago. Shawn Skoff

Billy Joel is great for Long Island i know have grown up on Long Island, moving to Wilmington N.C 10 years ago Wilmington reminds me of Long Island years ago wish we had a great voice to boost our area as Billy Joel does for Long Island.

bill is buying as much land as he can because its the only place in the country that will listen to his sucky elton john want to be music. no where else in the country listens to bill so he will stay where hes at to feel like hes on top of the world.

Hey "yea right" This is the top of the world !! Whats the saying? If you can make it here you can make it anywhere.

Hi Mr, Joel,

I would be quite honored to help you find more homes on Long Island. I am a great Real Estate Broker and I have been wanting to be an agent for a STAR.... I couldn't think of anyone better than to work for you
Thanks

Janice
646 229 2699

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