WHITE PLAINS—As a follow-up to recent public hearings on a variety of issues at the Westchester County Airport, County Executive George Latimer said at a press conference on Aug. 13 that any potential new privatization plan would be up to the County Board of Legislators to review. Latimer, while not shelving a more than $1-billion…
Read MoreWHITE PLAINS—Westchester residential brokerage executives and industry analysts responding to multiple trade press reports of a troubled Westchester housing market caused by the impacts of the cap on state and local taxes, hit back saying demand is still high and prices are rising. Relying on the second quarter home sales market statistics released by the…
Read MoreNEWBURGH—The City of Newburgh filed suit on Aug. 6 in the United States District Court for the Southern District of New York seeking to halt on-going contamination of the city’s water supply by cancer causing per- and polyfluoralkyl substances (PFAS) originating at Stewart Air National Guard Base and Stewart International Airport, now operating as New…
Read MoreWAWAYNADA, NY—The decision by the New York State Department of Environmental Conservation last week to deny a critical air quality permit has all but shut down operations at the fledgling and controversial CPV Valley Energy Center here. Knowledgeable sources tell Real Estate In-Depth that Competitive Power Ventures, the owner of the 680-megawatt gas-fired power plant,…
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news
NEW YORK—RE/MAX Edge recently opened its second office in Brooklyn with a ribbon cutting ceremony, Open House and community celebration. The newly opened office, located at 9425 3rd Ave. in Bay Ridge, Brooklyn, is the second full service real estate location for Broker/Owner Michael Napolitano and will provide comprehensive residential and commercial real estate services…
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legal-advocacy
Since Jan. 4, 2017, the New York Department of State amended 19 NYCRR §175.1, dealing with commingling client monies, to now read as follows: “A real estate broker shall not commingle the money or other property of his principal with his own and shall at all times maintain a separate, special bank account to be…
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people
The Board of Directors and CEO Michael Gilfeather of Orange Bank & Trust Company announced the recent hiring of Michael Listner as 1st vice president and senior credit officer. Listner comes to the bank with more than 15 years in banking, credit, finance and relationship management. He joined the bank most recently from Sun National…
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residential
NEW YORK—RE/MAX Edge recently opened its second office in Brooklyn with a ribbon cutting ceremony, Open House and community celebration. The newly opened office, located at 9425 3rd Ave. in Bay Ridge, Brooklyn, is the second full service real estate location for Broker/Owner Michael Napolitano and will provide comprehensive residential and commercial real estate services…
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As the dog days of summer come to an end it makes me think of the fall and winter schedule of events, chock full of worthwhile meetings and conventions. This fall I hope you’ll join me for a vast array of happenings, everything from our very own Member Appreciation Day to NAR’s National Conference. The…
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Key victories for the Realtors and the industry have come to fruition over the summer. The National Flood Insurance Program has been extended, which will facilitate thousands of home sales that otherwise would have stalled due to banks not issuing loans without the insurance in flood prone areas. We are still pushing a five-year reauthorization…
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technology
Today, most people seem to have at least rudimentary Google search engine skills. Unfortunately, many still do not have intermediate to advanced searching skills. If you are a rudimentary-intermediate level "Googler," but want to become a more capable one, you may want to consider taking a couple of free self-paced classes that are available from…
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mortgage
NEW YORK—New York Gov. Andrew Cuomo announced on Aug. 9th his intent to propose legislation to “decouple” state tax policy from the federal tax code if the Trump Administration follows through on a plan to enact a $100-billion capital gains tax cut. Gov. Cuomo in a press conference in New York City also called on…
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