Featured Articles

Appellate Court Deals Blow to Title Insurance Industry

January 2019

NEW YORK—A New York State Appellate Court has overturned an earlier lower court ruling and has upheld controversial state regulations that restrict what state regulators have termed excessive marketing costs and other unscrupulous activity in the title industry. The Appellate Division, First Department, on Jan. 15 reversed a ruling last July by New York Supreme…

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NJ Pharmaceutical Firm to Lease 83,000 SF in Pearl River

January 2019

PEARL RIVER—A Piscataway, NJ-based pharmaceutical firm has signed a major lease for approximately 83,000 square feet at the former Pfizer complex in Pearl River that is now known as the New York Center for Innovation. Los Angeles-based Industrial Realty Group, which purchased 207 acres of the campus in late 2015 from Pfizer, announced the lease…

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Yonkers IDA Approves Incentives for Three Major Projects Amid Dispute with Building Trades

January 2019

YONKERS—The Yonkers Industrial Development Agency reports it has approved more than $13.6 million in incentives for three major development projects in the city. The IDA’s Board of Directors approved at its meeting last Friday resolutions of intent to provide financial incentives for two mixed-use developments and one strictly residential project totaling more than $391 million…

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news

LEGAL CORNER: The Shutdown’s Effect on Real Estate Transactions

January 2019

On Dec. 21, 2018, the federal government partially shutdown all non-essential services. At press time, this is now the longest government shutdown in U.S. history. As a result, some federal loan programs have been affected. The shutdown is also affecting conventional loans, causing delays and even cancellations of transactions. Real estate professionals should understand how…

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legal-advocacy

LEGAL CORNER: The Shutdown’s Effect on Real Estate Transactions

January 2019

On Dec. 21, 2018, the federal government partially shutdown all non-essential services. At press time, this is now the longest government shutdown in U.S. history. As a result, some federal loan programs have been affected. The shutdown is also affecting conventional loans, causing delays and even cancellations of transactions. Real estate professionals should understand how…

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people

SPOTLIGHT ON: Ron Garafalo

January 2019

HGAR’s 2019 President In 2011, Ron Garafalo became the president of the former Orange County Association of Realtors. Now eight years later, he’s repeating himself, but this time, his presidency for the Hudson Gateway Association of Realtors, has expanded his administration’s responsibilities to four counties, New York City and approximately 12,000 Realtors. “I’m very excited…

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residential

Appellate Court Deals Blow to Title Insurance Industry

January 2019

NEW YORK—A New York State Appellate Court has overturned an earlier lower court ruling and has upheld controversial state regulations that restrict what state regulators have termed excessive marketing costs and other unscrupulous activity in the title industry. The Appellate Division, First Department, on Jan. 15 reversed a ruling last July by New York Supreme…

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Viewpoints

Ron Garafalo

PRESIDENT'S CORNER: Please Get Involved With HGAR!

January 2019

Happy New Year to all of my friends at HGAR. I am truly honored to serve as your 2019 HGAR President. I want to thank our immediate Past President Barry Kramer for the exceptional job he did in 2018, as well as all of the members of the Board of Directors for their hard work…

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Jennifer Maher

PUTNAM POSTING: Distillery Project Moves Forward in Carmel

January 2019

It’s official: the Gleneida Distillery NY Inc. project will be a $44-million asset to the Town of Carmel, Putnam County and the Hudson Valley region. After extensive review and a well-attended and thorough public hearings, the Carmel Planning Board approved the project to be built on the former Guideposts grounds. After construction is completed by…

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technology

John Vrooman

Updates on CES 2019, Bouncer, Shortcuts App and PSAPs as Hearing Aid Alternatives

January 2019

Happy New Year! By the time you're reading this, this year's Consumer Electronics Show 2019 (a.k.a. CES 2019) will be over. If you followed the news surrounding the event, you've likely already heard and read about many of this year's more interesting product announcements. That said, the show is large enough that some product news…

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mortgage

John Jordan

Appellate Court Deals Blow to Title Insurance Industry

January 2019

NEW YORK—A New York State Appellate Court has overturned an earlier lower court ruling and has upheld controversial state regulations that restrict what state regulators have termed excessive marketing costs and other unscrupulous activity in the title industry. The Appellate Division, First Department, on Jan. 15 reversed a ruling last July by New York Supreme…

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