Featured Articles

Dinosaurs Coming to Wallkill?

September 2020

WALLKILL—A firm that is looking to develop and operate a Dinosaur theme park here just off Route 17 in Fair Oaks has filed applications with the Town of Wallkill and the Orange County Planning Department, Real Estate In-Depth has learned. Orange County Executive Steve Neuhaus and Town of Wallkill Supervisor Frank DenDanto confirmed that Orange…

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Existing US Home Sales Reach Highest Point Since December 2006

September 2020

WASHINGTON—Confirming what many Hudson Valley residential brokers have seen since the COVID-19 restrictions were lifted, the National Association of Realtors reported that the US existing home sales market is very hot. NAR reported that home sales in August were the highest in nearly 14 years (December 2006). Existing-home sales continued to climb in August, marking…

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5 Questions With National Association of Realtors CEO Bob Goldberg

September 2020

As the real estate industry in the Hudson Valley and the New York City metro region continues to adhere to new practices and safety protocols brought on by the coronavirus pandemic, Realtors’ acceptance and adaption to new technologies have been seen by many observers as critical in preventing the sector’s economic collapse in the spring…

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Rand Predicts Record Home Closings in September Regionwide

September 2020

NANUET—While the third quarter 2020 residential sales numbers will not be released by OneKey MLS until next month, Better Homes and Gardens Rand Realty executive Joseph Rand in a sneak preview said the region is currently enjoying a very robust sales market. “The (sales) surge continues,” Rand said. He noted that in August, new deals…

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news

State Comptroller Puts Westchester County on Fiscal ‘Significant Stress’ List

September 2020

ALBANY—New York State Comptroller Thomas P. DiNapoli released his fiscal stress list for 2019 and unfortunately, the Hudson Valley was well represented. On the State Comptroller’s “Significant (Fiscal) Stress” list in the New York metro area were Westchester County, Poughkeepsie in Dutchess County, Suffolk County and Long Beach in Nassau County. Other locations on the…

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legal-advocacy

LEGISLATIVE AFFAIRS: Westchester Co-Op Transparency Law in Need of Improvement

September 2020

In December of 2018 the Westchester County Executive George Latimer signed legislation into law to guarantee a measure of protection to prospective co-op purchasers. Thus far, more than 300 rejections of prospective buyers have occurred since the co-op law went into effect. This is an inordinate number of rejections. and there are many questions that…

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people

Weichert, Realtors Rockland County Regional Office Recognized for Outstanding Achievement in July

September 2020

Weichert, Realtors recently announced that the Rockland County Regional Office was recognized for outstanding achievement in July. The office, which is managed by Karen McCabe, led the Weichert sales region in dollar volume and dollar volume from Weichert.com transactions for the month. The region is comprised of locations throughout Rockland, Orange, Dutchess and Westchester counties,…

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residential

Existing US Home Sales Reach Highest Point Since December 2006

September 2020

WASHINGTON—Confirming what many Hudson Valley residential brokers have seen since the COVID-19 restrictions were lifted, the National Association of Realtors reported that the US existing home sales market is very hot. NAR reported that home sales in August were the highest in nearly 14 years (December 2006). Existing-home sales continued to climb in August, marking…

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Viewpoints

Richard Haggerty

GATEWAY PERSPECTIVES: The Year of Resiliency

September 2020

In this edition of Real Estate In-Depth, Editor John Jordan has posed five questions to NAR CEO Bob Goldberg. I must confess I was curious to see what Bob focused on in these unprecedented times. He acknowledged that, in his almost 25 years with NAR, he felt that this year was the most challenging to…

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Jennifer Maher

PUTNAM POSTING: Can You Hear Me Now?

September 2020

As the Town of Carmel initiates steps to update the municipality's Master Plan and others follow suit, it's due time to address the county's inadequate telecommunications infrastructure as a whole. In the aftermath of Hurricane Isaias, at least one-third of Putnam households were left without power and thousands lost Internet service for several days. Of…

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technology
mortgage

Real Estate In-Depth

SL Green Completes $600M Refinancing Of Construction Facility at 410 Tenth Ave.

September 2020

NEW YORK—SL Green Realty Corp reported on Sept. 8 it had closed on a new $600-million construction facility for its 410 Tenth Ave. project. SL Green is redeveloping the 636,000-square-foot office building that is anchored by Amazon and First Republic Bank. The loan was provided by a consortium of domestic and international banks led by…

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