Featured Articles

Coalition Leaders Make the Case for Route 17 Expansion

February 2020

GOSHEN—Although Gov. Andrew Cuomo and the State Legislature are currently grappling with how to close a $6-billion budget shortfall, representatives of a coalition advocating for a $500-million project to expand Route 17 from Harriman in Orange County to Monticello in Sullivan County are undeterred in their belief that now is the time to move forward…

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Golf Courses Continue to Look for Ways to Maximize Revenues in Hudson Valley

February 2020

TOWN OF WALLKILL—The golf course industry nationwide and in the New York metro region continues to struggle with declining memberships and revenues. A host of facilities in the Hudson Valley have turned to either outright sale or multifamily development on their course properties to increase revenues. These deals in some cases are geared to maintaining…

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HGAR Re-Launches Young Professionals Network Group for 2020

February 2020

TARRYTOWN—The Hudson Gateway Association of Realtors has re-launched its Young Professionals Network group for 2020, following a two-year hiatus. YPN, which was originally established by the National Association of Realtors in 2006, is tasked with helping the younger generation of Realtors build a stronger link with the real estate industry and expand networking and business…

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Mill Creek Acquires Blessed Sacrament School Site

February 2020

NEW ROCHELLE—Mill Creek Residential of Boca Raton, FL has acquired a little more than two acres of land that housed the former Blessed Sacrament elementary school and will develop a new eight-story 334-unit multifamily project at the site. The sale of the property was reported by commercial brokerage firm CBRE on Feb. 5, which represented…

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news

City Wide Opens First Westchester Location

February 2020

WHITE PLAINS—City Wide, the nation's largest facility management solutions company, announced its second New York location with the opening of a new office in Westchester County that will serve Westchester, Rockland and Bronx counties. Former Wall Street finance professional, Michael Binz, opened the doors to City Wide of Westchester at 280 Dobbs Ferry Road in…

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legal-advocacy

BARRISTER'S BRIEFING: Coping with the New Changes

February 2020

“The secret of change is to focus all of your energy not on fighting the old, but on building the new. Socrates I thought it would be a good idea to focus this month’s article on the subject of change. There’s a lot of change taking place in our industry. Tenant rights are being strengthened,…

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people

SPOTLIGHT ON: Lynne Freda

February 2020

Lights, Camera, Real Estate! Fifteen years ago, Lynne Freda was working in the fast-paced world of television news in Tampa, FL. As an executive producer, she found herself in a different place every day, covering everything from natural disasters to new luxury real estate developments. Today, as a 15-year veteran with her family’s real estate…

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residential

Golf Courses Continue to Look for Ways to Maximize Revenues in Hudson Valley

February 2020

TOWN OF WALLKILL—The golf course industry nationwide and in the New York metro region continues to struggle with declining memberships and revenues. A host of facilities in the Hudson Valley have turned to either outright sale or multifamily development on their course properties to increase revenues. These deals in some cases are geared to maintaining…

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Viewpoints

Richard Haggerty

GATEWAY PERSPECTIVES: The Importance of Community Service

February 2020

In late December of last-year I received the dreaded summons to serve on jury duty for late January of this year in lower Manhattan. I quickly looked at my calendar to figure out how much havoc this was going to cause in my life. Fortunately, it didn’t conflict with any important meetings or out of…

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Philip Weiden

LEGISLATIVE AFFAIRS: NYSAR Mid-Winter Meetings Recap

February 2020

Realtors from across New York State, including an impressive contingent of HGAR members, met in Albany at the Desmond Hotel earlier this month for the annual NYSAR Mid-Winter (Feb. 9-13) business meetings. Among the topics discussed were proposed fair housing regulations by the Department of State, a good cause eviction bill in the legislature that…

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technology
mortgage

Real Estate In-Depth

January New Home Purchase Mortgage Applications Increased 35%

February 2020

WASHINGTON—The Mortgage Bankers Association Builder Application Survey (BAS) data for January 2020 released on Feb. 18 showed mortgage applications for new home purchases increased 35.3% compared from a year ago. Compared to December 2019, applications increased by 40%. This change does not include any adjustment for typical seasonal patterns. MBA estimates new single-family home sales…

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