NEW CITY—The Rockland County Legislature, in a vote that went along party lines, recently approved an amended $759 million 2019 county budget that increases county taxes by 2.9%. A major revision from County Executive Ed Day’s proposed budget was the elimination of a proposed deed verification fee of $200 for real estate transactions that was…
Read MoreWHITE PLAINS—The Westchester County Industrial Development Agency has granted preliminary and final approvals for more than $531 million in new development projects in White Plains, Harrison and Pelham. On Nov. 29, the Westchester County IDA granted a resolution of intent to provide financial incentives for AvalonBay Communities’ $76.8-million transit-oriented, mixed-use residential project to be built…
Read MoreNEW ROCHELLE—A partnership of Azure Partners and Harbor Group International, LLC have acquired the 40-story Halstead New Rochelle Metro North apartment tower here for $259.4 million. The tallest residential building in Westchester County was sold by the DSF Group, which acquired the 588-unit apartment building in 2013 for more than $210 million. Holliday Fenoglio Fowler,…
Read MoreRon Garafalo Tapped for 2019 HGAR President The Hudson Gateway Association of REALTORS® will hold its 2019 Installation Gala at the Falkirk Estate & Country Club in Central Valley on Thursday, January 15 from 6 to 10 p.m. Ron Garafalo, of John J. Lease Realtors, will be installed as HGAR’s 2019 president, along with the…
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news
NEW WINDSOR—A record crowd attended the 32nd annual Orange County Partnership awards event held on Dec. 4 at Anthony’s Pier 9 here. The partnership handed out its top awards at the event, that also featured a special tribute to outgoing New York State Senators John Bonaccic and Bill Larkin. From left, New York State Senators…
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legal-advocacy
The Real Property Bureau of the New York Attorney General’s Office provides legal assistance to state agencies and authorities in connection with the acquisition and disposition of real property. The office investigates titles, clears liens, prepares deeds and various closing documents and facilitates the closing of title. In addition to purchases and dispositions, the bureau…
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people
The Hudson Gateway Association of Realtors regrets to inform its membership of the passing of Realtor and principal of Kravitz Realtors Lester Kravitz. Kravitz passed away on Sunday, Nov. 25 at the age of 66. Born and raised in New York City, Kravitz practiced law at a Manhattan law firm for two decades, focusing his…
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residential
YONKERS—The Board of Directors of the Yonkers Industrial Development Agency has approved a resolution of intent earlier this month with the developer of a former loft warehouse in the Carpet Mills Art District. The project by Momentum Realty Associates of Yonkers will convert the light-industrial building at 222 & 252C Lake Street into an office…
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We gave this tired old saying a run for our money on “Small Business Saturday.” Thanks to American Express and their promotion of the event, our local press, including radio and TV seemed to give Small Business Saturday as much or more coverage than Black Friday and Cyber Monday. Reports from our local businesses all…
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Rockland County is proposing a $200 deed verification fee in order to better align the county tax maps to the deeds. HGAR strongly opposes imposition of this fee for several reasons. We understand the idea behind the proposal, but the remedy itself will not solve the problem. The county claims it needs the fee due…
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technology
Overnight, do you charge your phone in another room because phone notifications keep going off all night long? Similarly, during the day are you constantly interrupted by additional notifications? Regardless, if your iPhone and/or iPad can and has been upgraded to Apple's latest version of the iOS operating system (version 12) you should know the…
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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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