ALBANY—Gov. Andrew Cuomo on June 14 signed a controversial rent reform and tenant protection legislative package passed earlier in the day by the State Assembly and Senate that was vehemently opposed by many real estate trade groups across the state. While the Housing Stability & Tenant Protection Act of 2019 is being hailed as historic…
Read MoreDiversity, challenges and a new perspective for the future were the prevailing themes at the Hudson Gateway Association of Realtor’s first-ever “Women in Commercial Real Estate” panel discussion held on June 6 at HGAR’s White Plains headquarters. Describing the panel as “the forefront of the commercial real estate community,” Patricia Valenti, moderator and executive managing…
Read MoreNEW CITY— In a move that shakes up economic development efforts in Rockland County, County Executive Ed Day announced on May 31st he had hired Jeremy Schulman as the county’s new Director of Economic Development and Tourism. Schulman, who began his new county post on June 4, served as CEO and president of the Rockland…
Read MoreYONKERS—Yonkers Mayor Mike Spano recently joined with officials from the Municipal Housing Authority of the City of Yonkers (MHACY) for a tour of two affordable housing complexes that have or will receive more than $100 million in renovations. The tour, which was held on May 31, included the William A. Walsh Homes at 75 Walsh…
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news
ALBANY—New York State has begun what transportation, business and construction industry leaders describe as a critical step in an ongoing effort to improve mobility on the much traveled and highly congested Route 17 in Orange and Sullivan counties, including studying the addition of a third lane on the heavily traveled corridor. The New York State…
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legal-advocacy
As agents it’s common for us to make and/or receive offers on properties, at least we hope that it’s common. Because it’s common, we often forget the rules surrounding the making and receiving of offers. It’s important to keep these rules in mind so you don’t run afoul of the HGMLS Rules and Regulations or…
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people
Rand Commercial has reported that Isaac Gawartin has joined its Rockland County team and will be based in the New City office. Gawartin, a seasoned real estate salesperson, has been in the real estate industry for the past seven years. Gawartin has an extensive knowledge of the Orange and Rockland County markets, as well as…
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residential
RYE BROOK—In a move to bolster its planning and economic development expertise, the Business Council of Westchester has named Wilson Kimball, Commissioner of Planning and Development for the City of Yonkers; and Luiz Aragon, Commissioner for Development for the City of New Rochelle, to its Board of Directors. “We are truly honored to have these…
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Hello friends, as we approach the beginning of summer and get close to the halfway point of 2019, I hope that all of you are having a very productive year and are taking some time to enjoy yourself as well. It has been a very busy year for me and one that has reinforced my…
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This column has discussed Airbnbs before, but there is so much more to the story. In the past I have stayed in Verona, NY for a commercial real estate conference at Turning Stone Casino and Conference Center. Staying in the casino is convenient for the meetings, but personally I never enjoy the feeling of being…
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technology
Earlier this month, Apple's annual WWDC event took place. During the event's keynote address several new products and product updates were introduced and demonstrated. If you would like to watch a recording of the event's keynote address, the link below will lead you to a web page where you can access the address. Throughout the…
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mortgage
NEW YORK—Wells Fargo & Co. announced on June 11 it had reached an agreement to sell Eastdil Secured, its private real estate investment banking division, in a management buyout transaction. The sales agreement follows Eastdil’s management-led recapitalization, in partnership with Guggenheim Investments, on behalf of certain institutional clients, and Temasek, a global investment company headquartered…
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