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New York Metro Area’s First Regional MLS Coming Soon

October 2019

TARRYTOWN—The Hudson Gateway Association of Realtors, Inc. and the Long Island Board of Realtors, Inc. announced on Oct. 10 the regional MLS created by the two organizations, the first in the New York Metro area, will operate as OneKey MLS. Officials with the two organizations stated that the new OneKey MLS will begin operations before…

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Jehovah’s Witnesses Propose 1.5 Million-Square-Foot Production Complex in Ramapo, Tuxedo

October 2019

RAMAPO—The Jehovah’s Witnesses intend to file development plans for a new 1.5-million-square-foot audio-video production facility to be built two miles away from its 1.6-million-square-foot World Headquarters complex in Warwick. The project was revealed during a special event on Oct. 5th following the annual corporation meeting of the Watch Tower Bible and Tract Society of Pennsylvania.…

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HGAR Region Posts Solid Sales in Third Quarter

October 2019

WHITE PLAINS—A solid third quarter for residential sales in the lower Hudson Valley region served by the Hudson Gateway Multiple Listing Service, Inc. (HGMLS) appears to indicate that the housing market remains vibrant, experiencing modest, but sustainable gains. Single-family residential sales remained on solid footing with anywhere from a 1% gain in unit sales in…

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The Nation’s First African American Female Combat Pilot Tapped as Keynote Speaker for HGAR’s Annual Members Day

October 2019

TARRYTOWN—"The Flight to Your Success” is the theme of HGAR’s 103rd Annual Member Appreciation Day on Monday, Oct. 28 at the DoubleTree Hotel in Tarrytown. The event will feature keynote speaker Vernice “Fly Girl” Armour, America’s first African American female combat pilot. A former beat cop, Armour served two tours in Iraq before returning home…

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Gottlieb to Helm Robert Martin’s New Life Sciences/Health Tech Initiative

October 2019

ELMSFORD—The Robert Martin Company LLC, which boasts a suburban office, flex and retail portfolio of more than 6 million square feet, announced on Oct. 2 it is expanding its operations to service the life sciences/health tech industry. Leading the effort will be Laurence Gottlieb, who was named managing director, Life Sciences and Health Technologies. Gottlieb…

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LEGOLAND New York Resort to Open on July 4, 2020

October 2019

GOSHEN—While construction continues in earnest at the property and on a new adjacent exit on Route 17 here, LEGOLAND New York announced on Oct. 2 that it will stage its grand opening celebration on July 4, 2020. “The Fourth of July means family,” said LEGOLAND New York Public Relations Manager Matt Besterman, “and at LEGOLAND…

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Westchester County Association Officially Launches Search for New Leader

September 2019

WHITE PLAINS—After negotiations ended in June on a proposed merger with the Hudson Valley Economic Development Corp., the Westchester County Association has announced the official launch of a search for a new president and CEO to replace longtime leader William M. Mooney Jr. Mooney will retire as of as of Dec. 31, 2019. The WCA…

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Atlas Air Extends HQ Lease in Purchase; To Spend $38 Million on Upgrades

September 2019

PURCHASE—Atlas Air Worldwide Holdings is staying in Westchester County and is in fact renewing and extending its headquarters lease long-term at 2000 Westchester Ave. here and investing nearly $38 million on office space upgrades and equipment. The company and New York State officials jointly announced that Atlas Air had signed a long-term lease renewal for…

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Pioneer Westchester Commercial RE Developer Robert Weinberg Dies

September 2019

NEW YORK—While visionary commercial and residential developer Robert Weinberg passed away at his home in Manhattan at the age of 90 on Sept. 3, his legacy in Westchester County and the surrounding suburbs will live on for generations to come. Weinberg will be best remembered for co-founding Robert Martin Company of Elmsford with partner Martin…

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Longtime State Senator William Larkin Dies at Age 91

September 2019

CORNWALL, NY—Longtime New York State Senator William Larkin, who served the people of Orange County, New York State and the nation for three quarters of a century in the military and political arenas, passed away at the age of 91 surrounded by his family at his home here on Aug. 31. The senator announced his…

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Yonkers Apartment Tower Trades for $48 Million

September 2019

YONKERS—The 311-unit Parkledge apartment tower here has been acquired by the Hudson Valley Property Group, LLC for $48.3 million. The transaction for the affordable rental apartment complex was reported by CBRE Affordable Housing and CBRE’s New York Institutional Group. Tim Flint, executive vice president of CBRE Affordable Housing, along with CBRE’s Jeff Dunne, Gene Pride…

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Iconic Retailer Lord & Taylor to be Acquired in $100M Deal

August 2019

SAN FRANCISCO—Le Tote Inc. a women’s fashion rental subscription service based in San Francisco, has reached an agreement with Hudson’s Bay Co. of Toronto to acquire iconic retailer Lord & Taylor. Lord & Taylor has a significant presence in the New York metro area, including stores in Eastchester, Yonkers and West Nyack in the Hudson…

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Westchester to Present Minority/Women-Owned Businesses (MWBEs) Conference on Sept. 25

August 2019

WHITE PLAINS—The Westchester County Office of Economic Development in partnership with the Town of Yorktown and the Yorktown Small Business Association has announced conXpo North, a conference where Minority/Women-Owned Businesses (MWBEs), Service Disabled Veteran Owned Businesses (SDVOBs) and Disadvantage Business Enterprises (DBEs) can attend informative workshops, connect with county departments, and network with local businesses.…

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Report: New York City Needs to Control Rising Costs for Leased Space

August 2019

NEW YORK—A report released this week by the Citizens Budget Commission calls for the city to better manage city government leased space costs, which rose to $1.1 billion in 2018. Given the rising costs, the Department of Citywide Administrative Services, which manages the city’s real estate portfolio, should accelerate efforts to improve its management, monitoring…

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Robert Martin Execs Discuss Growth Plans After $487.5 Million Mega Purchase Deal

August 2019

(Part two of two) ELMSFORD— Real Estate In-Depth recently sat down with Robert Martin Co. CEO Timothy Jones and Managing Director Greg Berger, to discuss the particulars of the firm’s $487.5-million purchase of a 56-building portfolio, most of which was originally developed by Robert Martin and later sold to the predecessor of Mack-Cali in the…

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HGAR’s Haggerty Makes the Case for a Unified Listing System

August 2019

NEW YORK—Inaccurate data is the major driver of financial and time drains for residential real estate professionals, according to Richard Haggerty, CEO of the Hudson Gateway Association of Realtors, Inc., and president of the New York MLS, LLC. That’s why the time has come for a unified Multiple Listing Service in New York, he noted.…

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Peekskill Scores $10 Million to Improve Downtown

August 2019

PEEKSKILL—New York Gov. Andrew Cuomo traveled from Albany down to Peekskill on Aug. 13 to announce that the city had been selected as the Mid-Hudson winner of the fourth round of the governor’s Downtown Revitalization Initiative. As this year’s winner, Peekskill be awarded $10 million in state funding and investments to revitalize its downtown neighborhoods…

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Experts Decry Rent Laws’ ‘Disastrous’ Impacts

August 2019

NEW YORK—More than 125 commercial and residential real estate professionals heard a rather sobering outlook of what the recently enacted new rent control regulations enacted by the State Legislature and signed into law by Gov. Andrew Cuomo will have on the region’s real estate market. The morning session was held on Aug. 7 at the…

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