Featured Articles

Struggling Luxury Market a Drag on Region’s Home Sales

April 2019

Tale of Two Markets WHITE PLAINS—Home sales activity in the Hudson Valley in the first quarter of 2019 was mixed, with Rockland County leading the way with a 7.1% increase in overall sales, while Westchester, Putnam and Sullivan counties posted sales volume declines of 3.5%, 13% and 14.5% respectively. Orange County also posted a sales…

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Westchester County Association, HVEDC Set to Merge

April 2019

WHITE PLAINS—The Westchester County Association and the Hudson Valley Economic Development Corp. shocked the region’s business community in late January when they announced their intent to merge. The WCA, which has been a leading business advocacy organization and the HVEDC, which is the regional economic development agency for the Hudson Valley region, including Westchester, Rockland,…

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WCA/HVEDC Event Explored Key NY Health Care Issues

April 2019

TARRYTOWN—The Westchester County Association and Hudson Valley Economic Development Corporation held its “All Access Healthcare: Inside the Key Issues Facing New York State” event on April 3 at the Doubletree Hotel in Tarrytown to discuss important issues that impact the region’s hospital and healthcare system, and the direct impacts of those issues on the local…

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Third Annual Real Estate Summit Set for May 14

April 2019

Mark Your Calendars: TARRYTOWN—The Third Annual Real Estate Summit to be held on May 14 will cover a host of issues, including a close look at the transformational projects shaping the Hudson Valley’s future and lessons to be learned from the failed Amazon deal in New York City. The event at the Westchester Marriott will…

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news

Construction Begins on $42M Senior Project in Rockland County

April 2019

NANUET—State officials announced on April 16 that construction had begun on a new $42-million senior affordable and supportive housing development here. The 93-unit Vincent’s Village community will be developed by the Sisters of Charity Housing Development Corp. of Staten Island and Rockabill Development, LLC of New York City. The development site is located adjacent to…

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legal-advocacy

LEGAL CORNER: HUD v. Facebook: Battling Discrimination on the Internet

April 2019

The filing of the charge of discrimination on March 28, 2019 (see https://bit.ly/2OxXTCC) against Facebook, Inc. by the Secretary for Fair Housing and Equal Opportunity with the Department of Housing and Urban Development comes at a time of the year when the real estate industry’s focus is on Fair Housing, particularly because it commemorates the…

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people

Houlihan Lawrence Appoints Terra Corning Larchmont Brokerage Manager

April 2019

Houlihan Lawrence has appointed Terra Corning as the manager of its Larchmont brokerage. She takes over for Deborah Doern, the previous manager, who was promoted to Regional Vice President. Doern will continue to oversee the Larchmont office as part of her new role. Corning, who brings 17 years of real estate experience to her new…

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residential

Struggling Luxury Market a Drag on Region’s Home Sales

April 2019

Tale of Two Markets WHITE PLAINS—Home sales activity in the Hudson Valley in the first quarter of 2019 was mixed, with Rockland County leading the way with a 7.1% increase in overall sales, while Westchester, Putnam and Sullivan counties posted sales volume declines of 3.5%, 13% and 14.5% respectively. Orange County also posted a sales…

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Viewpoints

Ron Garafalo

PRESIDENT'S CORNER: Let Our Voices Be Heard

April 2019

Hello friends. This is the time of the year to let the voice and message of all of us to be heard. I have often said that what we do is one of the most important jobs in our country. We are responsible for working with our clients in what is most likely the largest…

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Philip Weiden

LEGISLATIVE AFFAIRS: April Federal and State Legislative Update

April 2019

FHA Mitigates Risk in Portfolio The Federal Housing Administration announced that effective for mortgages with case numbers assigned on or after March 18, 2019, the Technology Open to Approved Lenders (TOTAL) Mortgage Scorecard may flag certain mortgages submitted through the automated underwriting system (AUS) and require the lender to manually underwrite those loans. FHA is…

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technology

John Vrooman

A Helpful Microsoft Office Tip, Reinstalling Windows, Direct Mail is Not Dead!

March 2019

In recent years, many Microsoft Office 2016 (and Office 365) users have become familiar with saving files to Microsoft's OneDrive file storage service. If you're not familiar with OneDrive, the service enables users to store, backup, sync and access files between their computing devices and the online service. Unfortunately, many people would prefer to use…

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mortgage

Real Estate In-Depth

Hudson United Mortgage Continues Westchester Expansion

April 2019

ELMSFORD—-Hudson United Mortgage Services, LLC recently announced that Zoraya Arguelles, who is fluent in Spanish and French, has joined the Elmsford team as Senior Loan Officer for Westchester and the Bronx. With more than 22 years of experience in the mortgage industry, Arguelles brings her expertise and language versatility to Hudson United Mortgage’s diverse clients.…

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