Featured Articles

House Passes Tax Reform Bill; Fight Now Goes to Senate

November 2017

WASHINGTON—As expected, the U.S. House of Representatives approved the controversial Republican tax reform plan—“Tax Cuts and Jobs Act”—on Thursday by a 227-205 margin. The battle over tax reform now switches to the U.S. Senate where the GOP holds a razor thin two-seat majority over Democrats, who have all lined up against the House and Senate…

Read More

Empire City Casino at Yonkers Exploring Partnership or Sale

November 2017

YONKERS—Empire City at Yonkers Raceway has retained J.P. Morgan Securities LLC to identify a strategic partner or perhaps explore a possible sale as it looks transform the highly successful racing and casino venue into a global gaming and entertainment destination. In its announcement released on Nov. 15, Empire City Casino officials said that JP Morgan…

Read More

Rep. Lowey, HGAR Condemn Devastating Impact of GOP Tax Plan

November 2017

WHITE PLAINS—U.S. Rep. Nita Lowey (D-NY-17) and the Hudson Gateway Association of Realtors held a joint press conference at the HGAR headquarters in White Plains on Nov. 13 to highlight the devastating impacts the U.S. House and Senate tax reform plans would have on middle class taxpayers in the Hudson Valley. “The numbers are in,…

Read More
news

Empire City Casino at Yonkers Exploring Partnership or Sale

November 2017

YONKERS—Empire City at Yonkers Raceway has retained J.P. Morgan Securities LLC to identify a strategic partner or perhaps explore a possible sale as it looks transform the highly successful racing and casino venue into a global gaming and entertainment destination. In its announcement released on Nov. 15, Empire City Casino officials said that JP Morgan…

Read More
legal-advocacy

House Passes Tax Reform Bill; Fight Now Goes to Senate

November 2017

WASHINGTON—As expected, the U.S. House of Representatives approved the controversial Republican tax reform plan—“Tax Cuts and Jobs Act”—on Thursday by a 227-205 margin. The battle over tax reform now switches to the U.S. Senate where the GOP holds a razor thin two-seat majority over Democrats, who have all lined up against the House and Senate…

Read More
people

In Memoriam: Cynthia May (Ackley) Warner

November 2017

The Hudson Gateway Association of Realtors regrets to inform its membership of the passing of Cynthia May (Ackley) Warner of Keller William Realty, who passed away on Monday, Nov. 6th at her home in Bloomingburg at the age of 60 due to an acute heart attack. Cynthia was born in Syracuse on May 30, 1957…

Read More
residential

House Passes Tax Reform Bill; Fight Now Goes to Senate

November 2017

WASHINGTON—As expected, the U.S. House of Representatives approved the controversial Republican tax reform plan—“Tax Cuts and Jobs Act”—on Thursday by a 227-205 margin. The battle over tax reform now switches to the U.S. Senate where the GOP holds a razor thin two-seat majority over Democrats, who have all lined up against the House and Senate…

Read More
Viewpoints

Jennifer Maher

PUTNAM POSTING: You Get What You Pay For

November 2017

In the 2018 budget, Legislators are getting a 13.9% raise, according to the Putnam County Budget Office, bringing their salary to $40,839, which amounts to 1.52% a year since the Legislature has not had a raise since 2007 (10 years). The County Executive's salary will rise to $155,209 from $151,600. A recent Facebook post was…

Read More

Philip Weiden

LEGISLATIVE AFFAIRS: MID and SALT Deductions in Peril

November 2017

From the onset of the discussion on “tax reform,” the House Republican leadership has said the MID (Mortgage Interest Deduction) would not be touched. We heard in news report after news report that specifically MID would not be affected. We have also heard, year after year that home ownership is important to the Republican leadership.…

Read More
technology

Real Estate In-Depth

Trust Stamp Announces Free Safety Tool for All Realtors

November 2017

CHICAGO—At the National Association of Realtors’ Conference & Expo in Chicago earlier this month, Trust Stamp announced that its safety tool will now be free for all Realtors. Trust Stamp is an identity authentication startup company that leverages artificial intelligence and blockchain technologies to verify strangers' identities and provide a trust score. NAR announced recently…

Read More
mortgage

Real Estate In-Depth

Commercial/Multifamily Borrowing Up 21% Year-Over-Year

November 2017

WASHINGTON— According to the Mortgage Bankers Association's (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations released on Nov. 9, third quarter 2017 commercial and multifamily mortgage loan originations were 21% higher than during the same period last year and 8% higher than the second quarter of 2017. "Borrowing and lending associated with commercial and multifamily…

Read More