News

HGAR’s CID Tackles the Future of Route 17

September 2017

GOSHEN—The Commercial Investment Division of the Hudson Gateway Association of Realtors hosted an informative and at times provocative roundtable discussion on growth along the Route 17 corridor and how the current two-lane (both east and west) arterial can handle future growth. With the March opening of the more than $1-billion Resorts World Catskills Casino and…

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SPOTLIGHT ON: John Olivero

September 2017

A Burning Passion for Real Estate John Olivero really loves Goshen. Some 27 years ago, the former Staten Island firefighter got in his car and started driving north in search of an affordable home in a nice, quiet community. He got off at the Goshen exit and has been there ever since! Today, the broker/owner…

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HGAR Echoes NAR’s Call for Donations To Relief Fund for Hurricane Victims

September 2017

WHITE PLAINS—The Hudson Gateway Association of Realtors is joining the National Association of Realtors, calling on members nationwide to donate funds to the Realtor Relief Foundation to support Hurricane Harvey victims. The RRF, whose goal is to help families who have endured catastrophic loss, will use the money for mortgage and rental assistance. NAR President…

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Hudson Gateway REALTOR® Foundation Presents $6,000 in Donation Checks to Local Charities

August 2017

The Hudson Gateway REALTOR® Foundation, the charitable arm of the Hudson Gateway Association of REALTORS®, recently presented $6,000 in donations to four Hudson Valley non-profit organizations. Additional donations are planned for distribution this fall to several other charities throughout the Hudson Valley. Support Connection, Inc. of Yorktown Heights received a $2,000 donation for its work…

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Annual Members Day to Feature Mel Robbins of CNN as Keynote Speaker

August 2017

TARRYTOWN - Just one day before Halloween, some 1,000 Realtors are expected to converge on the DoubleTree Hotel in Tarrytown for HGAR’s 101st Annual Member Appreciation Day. The Monday, October 30 day-long event will feature Mel Robbins of CNN as the keynote speaker. This free event, open to all HGAR members, will be drawing Realtors…

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Marriott Int. Awards Hotel Franchise At $500M Project in Dutchess County

August 2017

HYDE PARK—Marriott International has awarded a joint venture of Bellefield Development Partners and the Shaner Hotel Group a franchise for a 133-room Residence Inn to be built at the mixed-use Bellefield at Historic Hyde Park project here. The Hotel at Bellfield will be the first project to be constructed at the $500-million proposed Bellefield at…

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Orange Bank & Trust Company Opens Full Service Branch in Mount Vernon

August 2017

MIDDLETOWN — The Board of Directors and CEO Michael Gilfeather of Orange Bank & Trust Company announced on Aug. 24th that the bank had opened its fourth full service branch in Westchester County. The branch is located at 510 South Columbus Ave. in Mount Vernon. This new branch supports the bank’s strategic plan to expand…

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NAR Describes Inventory Levels as ‘Pitiful’

August 2017

WASHINGTON—The National Association of Realtors released two telling reports this month that detailed the anemic levels of home sale inventory, describing supply conditions as “pitiful” and inventory shortages in some markets as “severe.” In a report released on second quarter home sale prices, NAR stated the headstrong supply and demand imbalances in much of the…

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Rep. Maloney Introduces Bill to Help First-Time Buyers

August 2017

MIDDLETOWN—U.S. Rep. Sean Patrick Maloney (D-NY-18) held a press conference at the home of recent first-time homebuyers Taylor and Justin Van Dyke on Aug. 23rd to announce he intends to re-introduce bipartisan legislation to assist first-time homebuyers save for their down payment and pay for closing costs on their initial home purchase. Rep. Maloney ‘s…

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Woodbury Common Owner Settles AG Case Loudly

August 2017

CENTRAL VALLEY—The owner of the highly popular Woodbury Common Premium Outlets here may have spent nearly $1 million recently to settle charges of engaging in anti competitive behavior, but it did not do so quietly. Simon Property Group after settling litigation with the New York State Attorney General over alleged anticompetitive tactics it employed in…

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Governor Presides Over Opening of Western Span of Mario Cuomo Bridge

August 2017

TARRYTOWN—More than 800 business, organized labor and political leaders gathered to commemorate a major milestone in the construction of the $3.9-billion Governor Mario M. Cuomo Bridge on Aug. 24— the opening of the western span of the new structure that will next year replace the Tappan Zee Bridge. Gov. Andrew Cuomo said at the ceremony…

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Conference Details Emerging Trends in International Luxury Market

August 2017

PURCHASE—More than 60 Houlihan Lawrence agents gathered for a forum on the international luxury market that featured a conversation with the brokerage firm’s president Chris Meyers, and Nick Churton, managing director of Mayfair International Realty. The two talked about trends in the international market and today’s changing demographics. The forum was held at 5 Sarosca…

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Conference Reveals Economic ‘Disruptors’ Needs and Economic Impact

August 2017

NEW PALTZ—Earlier this summer, the Hudson Valley Economic Development Corp. staged what can only be described as a unique and in retrospect perhaps a groundbreaking and definitely disruptive event. HVEDC President and CEO Laurence Gottlieb, sans his usual business attire, led the event entitled “Disrupted: The Future of the Hudson Valley Economy” dressed in a…

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Outdated Office Buildings to be Replaced by Luxury Rental Project

August 2017

Toll Brothers Project a First for I-287 Corridor HARRISON—The repurposing of outdated suburban office buildings along the I-287 corridor along what had been known as the “Platinum Mile” took a historic turn to a new crossroads on Aug. 15 when Toll Brothers Apartment Living officially broke ground on the conversion of two outdated office buildings…

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Food and Beverage Sector Becoming Key Economic Driver

August 2017

Hudson Valley Acquires Taste For Craft Brewing The food and beverage sector, part of the leisure and hospitality industry, is growing across New York State and particularly in the Hudson Valley region. The Hudson Valley has its share of movers and shakers in the food and beverage field, such as PepsiCo, Heineken and Danone to…

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Fordham University, HGAR Form Educational Partnership

August 2017

Project Management, Finance Courses to be Offered in Westchester WEST HARRISON—The Real Estate Institute at Fordham University’s School of Professional and Continuing Studies has announced the expansion of its professional certificate programs to Westchester County. Beginning in September, in person courses in the Real Estate Finance & Investment and Construction Project Management certificate tracks will…

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Healthcare Providers Investing Heavily in Hudson Valley

August 2017

Evolving Medical Technology Impacting Industry The health sector is experiencing significant changes and growth throughout New York State and in the Hudson Valley in terms of new jobs, new technology and new investment. According to the latest statistics from the New York State Department of Labor, the educational and health services sector ranked first statewide…

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A Conversation with Laurence P. Gottlieb HVEDC President and CEO

August 2017

The Hudson Valley’s Growing and Evolving Regional Economy NEW WINDSOR—Real Estate In-Depth recently sat down with Laurence P. Gottlieb, president and CEO of the Hudson Valley Economic Development Corporation based in Goshen, to discuss the key strengths of the Hudson Valley region and how HVEDC is looking to grow the regional economy. The HVEDC is…

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‘So, How’s the Market?’

August 2017

How many times per day are Realtors asked the simple question: “How’s the market,” and exactly what answer do we give to satisfy our local, inquiring minds? Is it a simple answer or does the answer depend on who’s asking the question or does it really vary from region to region? According to the National…

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