NEW YORK CITY—New York Gov. Andrew Cuomo followed through on his threat and announced on Tuesday that New York State had filed a lawsuit against the federal government over what it termed as the unconstitutional federal tax reform law enacted earlier this year. The lawsuit contends the new SALT (state and local tax) cap was…
Read MoreWHITE PLAINS—Continued low for-sale inventory caused home sales to fall and home prices to continue to trend higher in most of the Lower Hudson Valley in the second quarter. Overall home sales fell 5.7% in Westchester, 4.6% in Putnam and 11.3% in Rockland counties in the second quarter, according to the recently released “2018 Second…
Read MoreTARRYTOWN—Approximately 150 Realtors and affiliated real estate professionals gathered at the DoubleTree Hotel in Tarrytown on July 12 to celebrate the 50th anniversary of the Fair Housing Act and to hear housing advocates press the point that while significant progress has been made, much work needs to be done to ensure fair housing for all.…
Read MoreNEW YORK—Representatives of the title insurance and closing industries hailed a recent ruling by New York State Supreme Court Judge Eileen A. Rakower that turned aside recently enacted state regulations aimed at curtailing what the state termed as excessive marketing costs and other unscrupulous activity in the title industry. The ruling handed down on July…
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news
WHITE PLAINS—While their respective talents and expertise are much different, four staff members—Leon Cameron, Mary Prenon, Emily Jackson and Lisa Andrade—have one thing in common they can each put on their resumes—Author. The four HGAR staff professionals have authored books that showcase their individual talents and passions outside of their roles at HGAR. The publications…
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legal-advocacy
WASHINGTON—The National Association of Realtors has commended US Rep. Mike Coffman for his introduction of the 21st Century Internet Act. Rep. Coffman’s bill comes in response to the Federal Communications Commission’s 2017 decision to dismantle net neutrality regulations, with the legislation ensuring that Internet Service Providers, or ISPs, cannot block or throttle online content or…
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people
The Best of Both Worlds Maurice Owen-Michaane has the best of both worlds—real estate offices in New York City and Westchester. The Broker/Owner of Capital Realty NYC LL lives in Pelham, but spends much of his time running between his New Rochelle and Manhattan brokerages to list and show properties or close deals. “I don’t…
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residential
NEW YORK CITY—New York Gov. Andrew Cuomo followed through on his threat and announced on Tuesday that New York State had filed a lawsuit against the federal government over what it termed as the unconstitutional federal tax reform law enacted earlier this year. The lawsuit contends the new SALT (state and local tax) cap was…
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HGAR’s Celebration of the 50th Anniversary of the Fair Housing Act earlier this month was a great success. We had two excellent panels of speakers representing local fair housing advocates and NAR’s Fair Housing partners. A special thank you to Crystal Hawkins Syska for moderating, and to our sponsors who make these events possible. On…
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Remember the days when the pace of life seemed to downshift a couple of gears during the summer? Those days are becoming a distant memory as things at HGAR are just as busy as ever. As we are at the midpoint of the year I thought this would be a good time to provide an…
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technology
WASHINGTON—The National Association of Realtors has commended US Rep. Mike Coffman for his introduction of the 21st Century Internet Act. Rep. Coffman’s bill comes in response to the Federal Communications Commission’s 2017 decision to dismantle net neutrality regulations, with the legislation ensuring that Internet Service Providers, or ISPs, cannot block or throttle online content or…
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mortgage
The commercial real estate lending market came off of a record year in 2017, as mortgage originations totaled $530 billion. Fundamentally, rates, property values, credit policies and demand support the continuing strength of the CRE market. Technically, a large block of maturing CMBS loans will leave many CRE owners attempting to sell should they be…
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