Featured Articles

Hudson Valley Home Sales Market Shows Signs of Recovery from SALT Cap

October 2019

WHITE PLAINS—The residential home sales market in the Hudson Valley showed some surprising resilience in the third quarter. While some real estate analysts had predicted home sales would likely soften in the latter part of 2019, home sales in fact increased in a majority of the region. According to the “2019 THIRD QUARTER RESIDENTIAL REAL…

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Montefiore to Close Mount Vernon Hospital; Build New $41M Complex on Sanford Blvd.

October 2019

MOUNT VERNON—Montefiore Health System announced on Oct. 15th a plan to close Mount Vernon Hospital and replace the storied facility with a new, $41-million health care complex on Sandford Boulevard in Mount Vernon. The project, which will be funded by a grant from New York State, will involve the development of a new, 40,000-square-foot location…

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New York Metro Area’s First Regional MLS Coming Soon

October 2019

TARRYTOWN—The Hudson Gateway Association of Realtors, Inc. and the Long Island Board of Realtors, Inc. announced on Oct. 10 the regional MLS created by the two organizations, the first in the New York Metro area, will operate as OneKey MLS. Officials with the two organizations stated that the new OneKey MLS will begin operations before…

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Jehovah’s Witnesses Propose 1.5 Million-Square-Foot Production Complex in Ramapo, Tuxedo

October 2019

RAMAPO—The Jehovah’s Witnesses intend to file development plans for a new 1.5-million-square-foot audio-video production facility to be built two miles away from its 1.6-million-square-foot World Headquarters complex in Warwick. The project was revealed during a special event on Oct. 5th following the annual corporation meeting of the Watch Tower Bible and Tract Society of Pennsylvania.…

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news

Berkshire Hathaway Westchester Properties Sponsors Fourth Annual Event to Benefit Sunshine Kids Charity

October 2019

EASTCHESTER– Berkshire Hathaway HomeServices Westchester Properties will present its fourth annual Sunshine Kids benefit on October 23rd at Mulino’s at Lake Isle Country Club in Eastchester. Doors open at 6 p.m. All proceeds will benefit The Sunshine Kids Foundation, an organization dedicated to helping children with cancer. The event will feature Emmy-award winning mentalist Oz…

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legal-advocacy

LEGAL CORNER: I Told You I Wanted a View of the City!

October 2019

In a recent decision, Widlitz v. Douglas Elliman, LLC, (see https://bit.ly/2AZ2BTH), the plaintiff commenced an action against her real estate broker and attorney based on a variety of claims, such as breach of fiduciary duty, negligent misrepresentation and fraudulent misrepresentation, because the newly constructed condominium unit she was in contract to purchase did not have…

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people

SPOTLIGHT ON: Veronica Suarez

October 2019

From Retail to Real Estate The year 2020 will be an exciting one for Veronica Suarez, when she becomes President of the Westchester Chapter of the National Association of Hispanic Real Estate Professionals (NAHREP). An agent with RE/MAX Distinguished Homes and Properties in Tuckahoe, Suarez will be officially sworn in at an elegant Masquerade Ball…

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residential

Berkshire Hathaway Westchester Properties Sponsors Fourth Annual Event to Benefit Sunshine Kids Charity

October 2019

EASTCHESTER– Berkshire Hathaway HomeServices Westchester Properties will present its fourth annual Sunshine Kids benefit on October 23rd at Mulino’s at Lake Isle Country Club in Eastchester. Doors open at 6 p.m. All proceeds will benefit The Sunshine Kids Foundation, an organization dedicated to helping children with cancer. The event will feature Emmy-award winning mentalist Oz…

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Viewpoints

Richard Haggerty

GATEWAY PERSPECTIVES: Making Advocacy Local

October 2019

It’s no secret that real estate interests in this area have taken it on the chin for the last couple of years. It started with the $10,000 cap on state and local tax deductions (SALT) and escalated this year with the expansion of the rent control laws in New York State and the increases in…

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Ron Garafalo

PRESIDENT'S CORNER: Be Safe Out There

October 2019

Happy October! As we head into the month of October, let’s not forget the important lessons of September. I am guessing that you are thinking to yourself “what important lessons?” Maybe it’s that as Realtors we should always work in the most ethical and professional manner. How about we shouldn’t allow access to homes to…

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technology
mortgage

Real Estate In-Depth

Bunge Global HQ Available for Sublease

October 2019

WHITE PLAINS—Bunge Limited’s corporate headquarters at 50 Main St. here has been put on the market for sublease. The firm announced in August its intent to move its corporate headquarters to St. Louis, MO. The company expects to complete its headquarters move by the end of the second quarter 2020. CBRE has been named by…

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