NEW CITY—Real Estate In-Depth recently sat down with Rockland County Executive Ed Day to discuss some of the pressing issues facing the county as it enters 2019. Day, who was re-elected to a second term of office in November 2017, spoke frankly on ongoing fiscal reform. the failed Sain Building sale and the proposed $200…
Read MoreNEW YORK CITY—Add Google to the list of mega US tech companies that are planning major expansion initiatives in New York City. Ruth Porat, senior vice president and CFO of Google and its parent company Alphabet Inc., announced in a blog released this morning that Google plans to invest more than $1 billion in capital…
Read MoreWHITE PLAINS— In one of the biggest legislative victories in the history of the Hudson Gateway Association of Realtors and its predecessor organizations, Westchester County Executive George Latimer signed into law today a bill aimed at reforming the cooperative purchase process. At a press conference on Dec. 14 County Executive Latimer signed the bill, sponsored…
Read MoreNEW CITY—On Dec. 12, Rockland County Executive Ed Day used his veto pen on 95 amendments passed earlier this month by the Rockland County Legislature that restores back to the budget the controversial $200 deed verification fee that is expected to raise $1.2 million in revenue to the county. The Hudson Gateway Association of Realtors…
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news
NEW CITY—Real Estate In-Depth recently sat down with Rockland County Executive Ed Day to discuss some of the pressing issues facing the county as it enters 2019. Day, who was re-elected to a second term of office in November 2017, spoke frankly on ongoing fiscal reform. the failed Sain Building sale and the proposed $200…
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legal-advocacy
During the holiday season, it is important for individuals and companies alike to be aware of the extensive array of cyberthreats that exist. A presentation on cybersecurity threats and related issues was made in Boston at this year’s National Association of Realtors’ Legal Conference held on Nov. 1. The panel provided invaluable insight on the…
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people
HARRISON– Commercial brokerage firm RM Friedland recently announced the launch of an Investment Sales Division. As part of the expansion, the firm reported that veteran commercial broker John Barrett has been named managing director of the division. In addition, Marco Lala has been named senior vice president, bringing with him a sales team with an…
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residential
POUGHKEEPSIE—The Hudson Valley saw an overall loss of more than 28,000 households during the period 2011-2016, according to a report released by the Marist Bureau of Economic Research on Dec. 12. The study, “Migration Report of the Hudson Valley 2011-2016,” utilized IRS county-to-county migration data. The loss of households is a serious issue, the bureau…
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I rarely look back at previous Articles that I have written for Real Estate In-Depth. December is one of the few times when I make an exception. As the year comes to a close, I like to revisit what was on my mind the previous year, and in reading my article from last year it…
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It’s been an honor to serve as your 2018 President. These past 12 months have been very busy and productive, and I’m proud of what’s been accomplished under my tenure. I’d like to review a few of the highlights. Our Installation Gala in January was a smashing success, and I’m sure it was the first…
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technology
WASHINGTON—The National Association of Realtors unveiled a Blockchain Guidance Paper earlier this month during a webinar designed to keep real estate at the forefront of conversations surrounding the emerging technology. NAR also authored a paper that found buyers continue to overwhelmingly utilize both the Internet and real estate agents in the home-buying process. Although blockchain…
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mortgage
WASHINGTON—On Nov. 27, the Federal Housing Finance Agency announced it will raise the national conforming loan limit for 2019 by 6.9% from $453,100 to $484,350. In addition, the high-cost limit will rise from $679,650 to $726,525. As a result, loan limits will be higher in all but 47 counties or county equivalents across the country…
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