Featured Articles

Astorino Defies County Board in Filing Indian Point Suit

May 2017

WHITE PLAINS—If the Westchester County Board of Legislators wouldn’t take on Governor Andrew Cuomo and Entergy on the deal reached earlier this year to close Indian Point, Westchester County Executive Robert Astorino decided he would do it on his own. Astorino announced on May 9th that he had filed suit against New York State, Entergy…

Read More

Legoland Hopes to Begin Construction This Year on $500M Theme Park Project

April 2017

GOSHEN—The developer of LEGOLAND New York hopes to secure approvals for its much anticipated, but somewhat controversial, $500-million theme park here by sometime this summer, which would allow the firm to begin construction before the end of this year. Phil Royle, head of community & project relations for LEGOLAND New York, speaking before about 70…

Read More

Hudson Valley Region Banking on Future Biotech Growth

April 2017

WHITE PLAINS—The recent approval by the Westchester County Legislature of a planned $1.2-billion biotechnology park on mostly county-owned land in Valhalla is a clear sign that political and business leaders are counting on the biotechnology and healthcare sectors to be economic engines for the region in coming years. Earlier this month, the Westchester County Board…

Read More
news

New York City Building Boom Fueled By Expected 421-a Successor Law

May 2017

NEW YORK—The multifamily development floodgates opened last year when developers put their money on the State Legislature enacting a replacement for the 421-a tax incentive legislation. New York Building Congress president and CEO Carlo A. Scissura believes that developers bet on New York State passing a new 421-a tax incentive program this past legislative session…

Read More
legal-advocacy
people

Michelle Madaffari Joins Coldwell Banker Residential Brokerage

May 2017

Coldwell Banker Residential Brokerage in Connecticut and Westchester County reported recently that Michelle Madaffari has affiliated with its White Plains office. As an Associate Broker, Madaffari will provide residential real estate sales services in Westchester, Putnam and Dutchess counties. Madaffari has extensive experience in residential real estate sales. She has been a sales associate for…

Read More
residential

New York City Building Boom Fueled By Expected 421-a Successor Law

May 2017

NEW YORK—The multifamily development floodgates opened last year when developers put their money on the State Legislature enacting a replacement for the 421-a tax incentive legislation. New York Building Congress president and CEO Carlo A. Scissura believes that developers bet on New York State passing a new 421-a tax incentive program this past legislative session…

Read More
Viewpoints

Richard Haggerty

GATEWAY PERSPECTIVES: Déjà Vu All Over Again

May 2017

I know. We often sound like a broken record. “Please contribute to the Realtors Political Action Committee (RPAC)--It’s your safety net and insurance policy concerning Realtor issues and homeownership interests.” “Please respond to NAR’s most recent call to action—you need to let your legislative leaders know how important maintaining the mortgage interest deduction is, or…

Read More
technology
mortgage

Real Estate In-Depth

U.S. Foreclosure Activity Drops To Lowest Level Since Nov. 2005

May 2017

IRVINE, CA– ATTOM Data Solutions, curator of the nation’s largest multi-sourced property database, released its April 2017 U.S. Foreclosure Market data earlier this month, which shows foreclosure filings—default notices, scheduled auctions and bank repossessions—were reported on 77,049 U.S. properties in April, down 7% from the previous month and down 23% from a year ago to…

Read More