Featured Articles

Largest NYC Woman-Owned Caterer is South Bronx Bound

March 2019

NEW YORK—City and state officials announced on March 18 that Great Performances, the city’s largest woman-owned catering and food services firm, will be relocating operations from Hudson Street in New York City to the South Bronx. Gov. Andrew M. Cuomo announced that as part of the relocation, Great Performances will create 181 new jobs and…

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Resorts World Catskills Casino Resort Posts $139M Net Loss in 2018

March 2019

MONTICELLO—The old gaming adage: “The House always wins,” doesn’t apply yet to the Hudson Valley’s only full-licensed casino gaming resort. The $1.2-billion Resorts World Catskills Casino Resort lost nearly $139 million last year and a total of $185 million in the last two years. According to a 10K filing with the Securities and Exchange Commission…

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Robert Martin to Reacquire Most of its Storied Portfolio in $488M Mega Deal

March 2019

ELMSFORD-Robert Martin Co., one of the pioneer commercial office real estate development firms in Westchester County, has confirmed plans to reacquire approximately 95% of the portfolio it developed here and in Fairfield County, CT and sold more than two decades ago in a deal valued at $487.5 million. Industry observers say the deal, if finalized,…

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news
legal-advocacy
people

In Memoriam: Kyoko Ozawa

March 2019

The Hudson Gateway Association of Realtors regrets to inform its membership of the recent passing of Kyoko Ozawa, an agent with Claire D. Leone Associates of Scarsdale. The brokerage firm reported that Ozawa passed away on Monday, March 11 in Irvine, CA. She joined the Claire D. Leone office in 2013 as an Associate Broker…

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residential

Yonkers City Council Passes Dog Waste Disposal Bill

March 2019

YONKERS—Yonkers Mayor Mike Spano announced on March 15 that new legislation had passed the Yonkers City Council, which requires residential properties with 25 to 50 housing units to install dog waste disposal stations outside the building. Additionally, every building or structure that allows dogs with 51 or more units shall provide two or more dog…

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Viewpoints

Howard Greenberg

GUEST VIEWPOINT: Some Advice for Commercial Tenants in 2019 and Beyond

March 2019

The Westchester commercial real estate market is in the midst of a significant transition in 2019. Individual buildings and large portfolios are being sold to new owners, and the availability of certain types of spaces is extremely low. Tenants need to understand today’s market dynamics and what is happening in terms of pricing to properly…

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Richard Haggerty

GATEWAY PERSPECTIVES: HGAR Travels to Cannes, France For ‘World’s Leading Property Market’

March 2019

This past week HGAR President Ron Garafalo, CID President John Barrett, HGAR Director of Professional Development and Industry Relations Theresa Hatton and I spent four days at the MIPIM conference in Cannes France. MIPIM is a French acronym that stands for Marché International des Professionnels d'Immobilier, and the conference bills itself as the "world’s leading…

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technology

John Vrooman

A Helpful Microsoft Office Tip, Reinstalling Windows, Direct Mail is Not Dead!

March 2019

In recent years, many Microsoft Office 2016 (and Office 365) users have become familiar with saving files to Microsoft's OneDrive file storage service. If you're not familiar with OneDrive, the service enables users to store, backup, sync and access files between their computing devices and the online service. Unfortunately, many people would prefer to use…

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mortgage

Real Estate In-Depth

HFF to be Acquired by JLL in $2 Billion Deal

March 2019

CHICAGO—Commercial brokerage firm JLL reported on March 19 it had entered into a definitive agreement to acquire HFF, Inc. in a cash and stock transaction with an equity value of approximately $2 billion. The two companies reported the transaction was unanimously approved by the boards of directors of both companies. Mark Gibson, CEO of HFF,…

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