Featured Articles

Yonkers Movie Studio Project Granted Preliminary Approval for Incentives

February 2020

YONKERS—At its Feb. 19th session, the Board of Directors of the Yonkers Industrial Development agency granted preliminary approval of proposed financial incentives for a movie studio complex to be built at the iPark complex here. The incentives are in connection with the $60-million first phase of the studio complex for Lionsgate motion picture company. The…

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Coalition Leaders Make the Case for Route 17 Expansion

February 2020

GOSHEN—Although Gov. Andrew Cuomo and the State Legislature are currently grappling with how to close a $6-billion budget shortfall, representatives of a coalition advocating for a $500-million project to expand Route 17 from Harriman in Orange County to Monticello in Sullivan County are undeterred in their belief that now is the time to move forward…

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HGAR Re-Launches Young Professionals Network Group for 2020

February 2020

TARRYTOWN—The Hudson Gateway Association of Realtors has re-launched its Young Professionals Network group for 2020, following a two-year hiatus. YPN, which was originally established by the National Association of Realtors in 2006, is tasked with helping the younger generation of Realtors build a stronger link with the real estate industry and expand networking and business…

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news
legal-advocacy

BARRISTER'S BRIEFING: Coping with the New Changes

February 2020

“The secret of change is to focus all of your energy not on fighting the old, but on building the new. Socrates I thought it would be a good idea to focus this month’s article on the subject of change. There’s a lot of change taking place in our industry. Tenant rights are being strengthened,…

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people

Patricia Simone & Joanna Simone Named BCW's Women in Business Success honorees

February 2020

The Business Council of Westchester recently announced the winners of its prestigious Business Hall of Fame Awards, which recognize Westchester’s top business leaders.  Patricia Simone Joanna Simone Patricia Simone and Joanna Simone of the Simone Development Companies were named the Women in Business Success honorees. Other award winners were: Corporate Citizenship: Wheelabrator Technologies; Entrepreneurial Success:…

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residential
Viewpoints

Richard Haggerty

GATEWAY PERSPECTIVES: The Importance of Community Service

February 2020

In late December of last-year I received the dreaded summons to serve on jury duty for late January of this year in lower Manhattan. I quickly looked at my calendar to figure out how much havoc this was going to cause in my life. Fortunately, it didn’t conflict with any important meetings or out of…

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Philip Weiden

LEGISLATIVE AFFAIRS: NYSAR Mid-Winter Meetings Recap

February 2020

Realtors from across New York State, including an impressive contingent of HGAR members, met in Albany at the Desmond Hotel earlier this month for the annual NYSAR Mid-Winter (Feb. 9-13) business meetings. Among the topics discussed were proposed fair housing regulations by the Department of State, a good cause eviction bill in the legislature that…

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technology
mortgage

Real Estate In-Depth

January New Home Purchase Mortgage Applications Increased 35%

February 2020

WASHINGTON—The Mortgage Bankers Association Builder Application Survey (BAS) data for January 2020 released on Feb. 18 showed mortgage applications for new home purchases increased 35.3% compared from a year ago. Compared to December 2019, applications increased by 40%. This change does not include any adjustment for typical seasonal patterns. MBA estimates new single-family home sales…

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