Featured Articles

Global Economic Instability Drives Investors to US Real Estate

November 2019

NEW YORK—In an informative, yet concise overview of the recently released ULI “Emerging Trends in Real Estate 2020” report, author Mitch Roschelle, partner with PwC, offered some heartening insights to attendees of the Global Real Estate Summit 2019 Conference and Expo as to why the US real estate market remains a favorite with foreign and…

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Westchester County Executive Warns of Housing ‘Affordability Crisis’

November 2019

TARRYTOWN—Westchester County Executive George Latimer in a presentation to the business community on his proposed $2.1-billion 2020 Budget touted the $1 million cut in the Westchester County property tax levy that will reduce tax levies in some areas of the county. In a county-produced video presentation to the nearly 200 attendees of the Business Council…

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HGAR, NYC Metro Realtor Associations Hold Global RE Summit

November 2019

NEW YORK—A number of real estate’s most influential thought leaders came together on Nov. 4 to share strategies for succeeding in the global marketplace as part of the Global Real Estate Summit NYC at the New York Marriott Marquis. The day-long event, now in its 13th year, attracted hundreds of area real estate professionals focused…

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news

Ashkenazy Makes Second Westchester Buy This Month; Acquires Larchmont Shopping Center for $35 Million

November 2019

The Ferndale Shopping Center, an 84,000-square-foot retail property in Larchmont, has been acquired by Ashkenazy Acquisition Corporation from Ten Grand Inc. at a price that exceeded $35 million. Earlier this month, the New York City-based privately-owned real estate investment firm acquired Vernon Hills Shopping Center, a 380,000-square-foot retail asset in Eastchester; Cushman & Wakefield also…

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legal-advocacy

BARRISTER'S BRIEFING: ‘The Times They are a Changin’

November 2019

As we all know, time waits for no one and as the clock continues to tick, the lives we lead are subject to change. This includes everyone who holds a real estate license. As time marches on, we all have to adjust, change and grow. Change in NAR Code of Ethics Training Requirement On Nov.…

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people

Kohn, Tamazian, Louis & Cook, Weichert October Award Winners

November 2019

John Chewens, regional vice president of Weichert, Realtors, recently announced sales and listing award winners in the Rockland, Orange, Dutchess and Westchester counties region for the month of October. Sales associate Kyle Kohn with the Rye office was recognized for outstanding performance in October. Kohn led the Weichert sales region for dollar volume and resale…

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residential
Viewpoints

Richard Haggerty

GATEWAY PERSPECTIVES: Pleasant, Unpleasant Surprises

November 2019

At the Annual HGAR Members Day last month I was surprised by two unexpected recognitions. The first was an acknowledgment that I have been with HGAR (and its various predecessor organizations) for 35 years. The second was to receive, along with HGAR’s COO and my very good friend Ann Garti, the President’s Award from this…

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Ron Garafalo

PRESIDENT'S CORNER: Greetings from San Francisco

November 2019

I am writing this month's article from San Francisco as I attend the 2019 National Association of Realtors Conference and Expo. For those of you that have never attended this annual conference, I would strongly suggest that you think about it in the future. To attend this event and be a part of more than…

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technology
mortgage

Donald Arace

How Mortgage Rates Could Affect the Markets in 2020

November 2019

With the year rapidly moving towards the close out of what has evolved into a surprisingly successful real estate season, we should take a moment to reflect on the 2019 mortgage finance market and its effect on activity, and what is to come for 2020. Last November (2018) you may recall, interest rates were hovering…

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