WHITE PLAINS— The optimism felt by residential real estate practitioners in the first quarter of 2020 when strong sales figures in the lower Hudson Valley region, served by OneKey™ Multiple Listing Service LLC, seemed to be an indication of a robust year ahead for residential real estate sales. This optimism took an abrupt left turn…
Read MoreWHITE PLAINS—The membership of the Hudson Gateway Association of Realtors, Inc. that participated in a more than two-hour virtual Special Meeting today, overwhelmingly approved a merger agreement with the Bronx Manhattan-North Association of Realtors, Inc. The more than 400 members who participated in the session, held via Zoom, also approved a number of bylaws amendments…
Read MoreWHITE PLAINS—In a 37-page ruling, U.S. District Court Judge C.J. McMahon denied a request by a group of Westchester County residential landlords to impose a temporary restraining order on Gov. Andrew Cuomo’s Executive Order that extended a moratorium on evictions of commercial and residential tenants due to the coronavirus pandemic until Aug. 20, 2020. The…
Read MoreWHITE PLAINS—The Hudson Gateway Association of Realtors and co-sponsor TitleVest recently assembled a panel of powerhouse New York City residential brokerage executives who offered candid assessments of the area’s real estate markets now and going forward and what the real estate industry must do in this time of civil unrest. The online panel discussion held…
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news
WHITE PLAINS—Continuing the work of its Crisis Advisory Task Force, the Westchester County Office of Economic Development announced on July 1 the launch of a one-on-one mentoring advisory service for small business owners who are struggling financially during the COVID-19 pandemic. The county is recruiting a team of seasoned professionals who will serve as volunteer…
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legal-advocacy
On Friday, June 5, 2020, President Trump signed the Paycheck Protection Program (PPP) Flexibility Act of 2020 (the “PPP Flexibility Act”) (see https://bit.ly/3dSbhNx). The PPP Flexibility Act provides additional relief to those businesses that have applied for and received loans under the Paycheck Protection Program instituted under the Coronavirus Aid, Relief, and Economic Security Act…
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people
RYE—Houlihan Lawrence announced on June 15th the appointment of Susanna Cronin as the new manager of its Rye brokerage. Cronin, who has more than two decades of experience in residential real estate, has lived in Rye for the past 25 years and has an intimate knowledge of the Sound Shore communities, company officials stated. Cronin…
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residential
WHITE PLAINS— The optimism felt by residential real estate practitioners in the first quarter of 2020 when strong sales figures in the lower Hudson Valley region, served by OneKey™ Multiple Listing Service LLC, seemed to be an indication of a robust year ahead for residential real estate sales. This optimism took an abrupt left turn…
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According to U.S. Census data, at 77%, the population of Putnam County, is predominantly white. In fact, aside from Ulster County, Putnam is the least diverse county in the Mid-Hudson region. This is neither judgment nor praise, just a simple demographic fact. Adding to a lack of diversity, our county seat is 60 miles north…
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Election upsets were on the menu on June 23, the day of the Congressional and State Primary races. State Assembly and State Senate primaries were also held. The first big upset came in Congressional District 16 currently held by Congressman Eliot Engel, who is the Chair of the House Foreign Affairs Committee. The district covers…
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technology
"Googling" for answers to questions is common and can often be achieved. However, there are times when a question needs to be further qualified and explained. When that situation arises, I would suggest you consider asking your question(s) at Reddit.com and/or Quora.com. Both sites are wide-ranging in focus, so most questions can likely be answered…
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mortgage
Each commercial real estate asset class has been impacted by the COVID-19 pandemic in one way or another. Many commercial lenders extended 90-day payment deferments to their borrowers as a way to help relieve immediate financial hardship in case the tenants (sometimes the borrowers themselves) were unable to pay rent. These deferments are ending in…
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