NEW WINDSOR—At a special meeting of the newly constituted Board of Directors of the Orange County Industrial Development Agency on Tuesday, March 30, the IDA Board voted to terminate the contracts of the managing director of the IDA and its Accelerator programs. On April 5, the chief executive officer of the IDA submitted her resignation. The…
Read MoreWHITE PLAINS—New York federal representatives and Westchester County Executive George Latimer staged a press conference on March 25th at the home of a White Plains resident to push for the repeal of the controversial SALT (State and Local Tax) deduction cap. U.S. Rep. Mondaire Jones (NY-17), U.S. Rep. Tom Suozzi (NY-03), U.S. Rep. Jamaal Bowman…
Read MoreWHITE PLAINS—A bill that would amend existing county law relating to the sale of cooperative housing to now require cooperative boards of directors to disclose the reason for denial of a prospective purchaser was officially introduced for consideration by the Westchester County Board of Legislators on Monday, March 22. The pending bill, which now goes…
Read MoreCharlie Oppler took over as president of the National Association of Realtors at a pivotal time for the national organization and for the nation’s real estate industry as well. With the advent of COVID vaccines and mass distribution now underway, the 1.4 million NAR members and the nation are beginning to adjust to what will…
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news
ALBANY—The annual NYSAR Lobby Day event will be held virtually due to the COVID-19 pandemic. The conventional program will be held on Tuesday, April 27 from 8 a.m. to noon. In advance of Lobby Day, HGAR’s Legislative Council has advanced a preliminary Public Policy Priorities Agenda for HGAR’s Westchester, Putnam, Orange, Rockland, Bronx and Manhattan…
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legal-advocacy
As the year goes flying by a great deal has been happening at the state and federal level. At the federal level, the PPP deadline has been extended by Congress. This will help assist many businesses who are in line more time to apply for and receive much needed funds to stay afloat. The American…
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people
Brenda Timm of Cortlandt Manor and Judy Hermesch of Croton-on-Hudson, real estate salespersons with Coldwell Banker Realty have qualified to join the company’s International President’s Circle. This prestigious membership has been awarded to the top 15% of all sales associates worldwide in the Coldwell Banker system. Brenda Timm Judy Hermesch Timm has been a top…
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residential
WHITE PLAINS—Officials with OneKey MLS and the Hudson Gateway Association of Realtors described first quarter 2021 residential sales in Westchester, Putnam, Rockland, Orange, Sullivan, and Bronx counties as “staggering” and “unprecedented” with sales in certain markets as much as 62% higher than a year earlier. Editor’s Note: The following is the full text of the…
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I’ve been listening to a lot of reflections about our lives one year ago this March and what has transpired since. It was a year ago this very week that the HGAR staff went virtual and I left my office in White Plains thinking life would likely return to normal in a month or two.…
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The best edge-of-your-seat thrillers have that moment when the main character walks into a situation that, as the observer, you clearly see they are stepping into danger. If you are like me, I am yelling at the screen, “You nut job, you are about to get killed! Can’t you see that!” You know what I…
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technology
Often the help you need can be found at HGAR.com! When was the last time you explored (or re-explored) the site? There’s helpful information, news, resources and more to be (re)discovered. If you don’t have the time or interest in doing a deep dive at the site, consider at least visiting (and bookmarking) the following…
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mortgage
WASHINGTON—Delinquency rates for mortgages backed by commercial and multifamily properties decreased again in March, reaching the lowest level since the onset of the COVID-19 pandemic, according to the Mortgage Bankers Association's latest monthly CREF Loan Performance Survey. “Commercial and multifamily mortgage delinquencies fell for the third straight month in March and are now at their…
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