News

Century 21 Opens First Hudson Valley Store in Yonkers

October 2017

YONKERS—Fashion retailer Century 21 Stores has entered the Westchester County market with the opening of a new store at the Mall at Cross County here. The department store chain held a ribbon cutting ceremony on Oct. 24th for the more than 70,000-square-foot store. The store at 750 Central Park Ave. occupies two floors and features…

Read More

Westchester County’s LDC Provides Incentives for New SUNY Purchase Dorm Project

October 2017

WHITE PLAINS—The Westchester Local Development Corporation has approved $36.4 million in low-cost financing for Purchase College-SUNY to construct a new residence hall on its campus. The financing approved at the LDC’s Oct. 19th meeting will be used build a four-story, 80,000-square-foot residence hall, consisting of 300 beds in a suite-style configuration with student common areas…

Read More

Putnam County Visitors Bureau Launches New Website

October 2017

CARMEL—The Putnam County Visitors Bureau went live in September with a re-launched and much improved website at visitputnam.org that features a host of new tools for visitors to take advantage of to plug into the many destinations and events taking place year-round in Putnam County. Bruce Conklin, executive director of the Putnam County Visitors Bureau,…

Read More

Work Begins on Putnam Hospital Emergency Room Project

October 2017

CARMEL—Putnam Hospital Center recently broken ground on a major capital project—the expansion and refurbishment of its emergency department. The project, which will take about two years to complete, was necessary due to the increased patient load at the emergency room. Putnam Hospital Center President Peter Kelly, in an interview with Real Estate In-Depth, said that…

Read More

New York City Council Approves Bronx Point Mixed-Use Project

October 2017

NEW YORK—The New York City Council approved the massive Bronx Point project along the Harlem River waterfront in the South Bronx on Oct. 17th that will be led by a Larchmont-based developer, which will bring approximately 1,000 new housing units to the area as well as a new school and hip-hop museum. City officials announced…

Read More

A Conversation with Putnam County Executive MaryEllen Odell

October 2017

Updates on Tilly Foster, Envision Brewster and How Sewer, Water Projects Could Foster Growth CARMEL—Prior to MaryEllen Odell taking office in November 2011, the economic development efforts in Putnam County were to put it politely outdated and were in fact close to non-existent. Since taking office Odell has made business attraction and retention, as well…

Read More

Rockland County Investment Firm Proposes $175M Project to Revitalize Downtown Spring Valley

October 2017

SPRING VALLEY—Rockland County-based investment firm Concord Capital NY reported on Oct. 16th that it is seeking approvals to build a $175-million transit oriented development in Downtown Spring Valley. The project, which the firm states will be modeled after successful redevelopment initiatives in Downtown Yonkers, New Rochelle and in TOD-oriented locations on Long Island, calls for…

Read More

County Executive Odell Unveils $155M Putnam County Budget

October 2017

MAHOPAC—Putnam County Executive MaryEllen Odell presented the $155.3-million proposed 2018 county budget to the Putnam County Legislature at the Putnam County Golf Course on Oct. 6. The proposed budget, which is within the New York State imposed tax cap, calls for a net increase of $2.3 million over the 2017 adopted budget, which reflects a…

Read More

Astorino, Latimer Take Off the Gloves at First Debate

October 2017

WHITE PLAINS—While the contest was nowhere near an all out brawl, Republican incumbent Westchester County Executive Robert Astorino and Democratic challenger New York State Senator George Latimer did take some verbal jabs at one another in a fiery first debate held on Tuesday evening at SL Green Realty’s Reckson Metro Center at 360 Hamilton Ave.…

Read More

Hudson Valley Home Sales, Prices Remain Strong; Inventory Continues to Fall

October 2017

WHITE PLAINS—Real estate sales continued at a brisk pace in the lower Hudson Valley region, albeit at a slightly slower pace as the year has progressed, according to the “Third Quarter Residential Real Estate Report for Westchester, Putnam, Rockland and Orange Counties, New York” released by the Hudson Gateway Multiple Listing Service, Inc. With the…

Read More

HG Realtor Foundation Raises Nearly $27,000 For Make-A-Wish H.V. at Masquerade Ball Gala

October 2017

CENTRAL VALLEY—The Hudson Gateway Realtor Foundation, a division of the Hudson Gateway Association of Realtors, raised approximately $27,000 for Make-A-Wish Hudson Valley at its “Black & White Masquerade Ball” held recently at the Falkirk Estate and Country Club in Central Valley. The Sept. 28th event marked the 20th anniversary of the association’s support of the…

Read More

NAR Survey: Home Buyers and Sellers Gaining Confidence

September 2017

WASHINGTON —Existing-homes sales have retreated in four of the past five months, but new survey findings from the National Association of Realtors indicate it is not because of a lack of confidence from consumers about buying and selling a home, or based on their views about the direction of the economy and their finances. NAR’s…

Read More

Fordham R.E. Institute Announces New Master’s Degree in Real Estate

September 2017

NEW YORK– The Fordham Real Estate Institute at Lincoln Center announced earlier this month it is now accepting applications for its inaugural Master of Science in Real Estate (MSRE) class starting in January 2018. The 36-credit graduate degree, which can be completed in as little as one year, builds on the success of REI’s seven…

Read More

NYC Receives More Than Two Dozen Proposals For Massive Amazon Second HQ Requirement

September 2017

NEW YORK—As expected, New York City will submit a sweeping proposal to land Amazon’s second headquarters requirement. City officials announced on Sept. 27th that the city has thus far received more than two-dozen proposals for possible locations for Amazon’s second headquarters. Collectively, the proposals total more than 50 million square feet of commercial space across…

Read More

Westchester County Enters Amazon Sweepstakes Vying for E-Commerce Giant’s Second Headquarters

September 2017

WHITE PLAINS—Westchester County has entered a contest that promises a huge payout—thousands of high paying, new jobs and billions of dollars in investment. Westchester County Executive Robert Astorino announced on Sept. 26th that the county would be submitting a proposal to Amazon for the e-commerce giant’s second corporate headquarters, a deal that could bring 50,000…

Read More