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…

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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…

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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…

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news

Sumitomo Bank Signs Major Lease in Downtown White Plains

May 2017

WHITE PLAINS—Sumitomo Mitsui Banking Corp., which had been in the market for some time looking for approximately 100,000 square feet of available space in White Plains, has finally picked its new office location—the Gateway Building in Downtown White Plains. CBRE reports it has brokered a 101,000-square-foot lease with Tokyo-based Sumitomo Mitsui Banking Corp. at the…

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legal-advocacy

BARRISTER'S BRIEFING: Agricultural District Notice Requirements

May 2017

The New York Legislature enacted the New York Agricultural Districts law, Article 25-AA of the Agriculture & Markets Law, in 1971. It was designed to promote and protect the availability of land for farming uses. Licensees should be aware that the required notice form pursuant to this statute is available on our Hudson Gateway Multiple…

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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…

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residential

Ellis Sotheby’s, Edward Hopper House Create Museum School Partnership Programs

May 2017

NYACK—Ellis Sotheby’s International Realty and Edward Hopper House have announced the creation of Museum School Partnership programs for five local Hudson Valley public schools with monies raised during a fundraiser held last year. The $21,300 raised at the Oct, 15, 2016 benefit ultimately created partnership programs at five local schools: Lime Kiln Elementary in Suffern…

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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…

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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…

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