News

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…

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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…

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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…

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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…

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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…

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In Memoriam: Robert P. Morini

September 2017

WHITE PLAINS—The Hudson Gateway Association of Realtors regrets to inform its membership of the passing of longtime Realtor and real estate executive Robert P. Morini of Carmel, who passed away on Sept. 24th at the age of 63 surrounded by his family. He was the owner of Harvest Country Properties and was a principal broker…

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Century 21 Full Service Relocates To New Location in New City

September 2017

NEW CITY—Century 21 Full Service Realty reported recently it has relocated its brokerage operations to larger space at 53 South Main St. in New City. According to Vesna Kanacki, Broker of Record, the move was necessary to provide a superior business environment for present and future associates and its staff. She said the new office…

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Amazon Conducting Search for Second $5B HQ; Makes Major Investments in New York City

September 2017

NEW YORK CITY—E-commerce giant Amazon has certainly garnered headlines of late for its massive real estate requirements. Earlier this month, the Seattle-based retailer announced it would be conducting a national search for a second U.S. corporate headquarters valued at approximately $5 billion. While the heady requirement has economic development officials across New York State and…

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NAR Study Says Student Debt Significantly Delays Millennial Homeownership

September 2017

WASHINGTON—Despite being in the prime years to buy their first home, an overwhelming majority of millennials with student debt currently do not own a home and believe this debt is to blame for what they typically expect to be a seven-year delay from buying, according to a recently released study on student loan debt and…

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Century 21 Haviland of Pleasantville Merges with ERA Insite Realty

September 2017

PLEASANTVILLE—ERA Insite Realty Services, with offices in White Plains, Bronxville and Mount Pleasant, announced a merger deal on Sept. 18th with Century 21 Haviland in Pleasantville. The merger was announced by Louis and Debra Budetti, founders and owners of ERA Insite Realty Services, which is headquartered in White Plains. The merger comes on the heels…

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GDC Breaks Ground on Peekskill Gateway Townhomes Project

September 2017

PEEKSKILL—Ginsburg Development Companies Principal Martin Ginsburg joined with Peekskill Mayor Frank Catalina and other state, county and city officials and dignitaries on September 14 for a groundbreaking ceremony to mark the start of construction of Gateway Townhomes here. Located at 700 Main St., at the gateway to the city from Route 9, Gateway Townhomes will…

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NAR Testifies in Favor of Tax Reform Done Right

September 2017

WASHINGTON—Tax reform done right could yield savings and simplification that benefits average Americans, but history shows that misguided reforms can pose significant threats to the economy. That’s the message the National Association of Realtors brought to Congress on Sept. 14th as Iona Harrison, chair of NAR’s Federal Taxation Committee, testified before the Senate Finance Committee.…

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Legoland Project Secures Key Zoning Approval

September 2017

GOSHEN, NY—The $500-million LEGOLAND New York project proposed by Merlin Entertainments secured key approvals by a 4-1 vote of the Goshen Town Board on Thursday evening that put the development ever closer to breaking ground. The Town Board approved amendments to the town’s comprehensive plan and zoning law as well as the adoption of Local…

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Orange County’s Economy Becoming Much More Diverse

September 2017

GOSHEN—For years, many considered Orange County to be chiefly a retail and warehouse and distribution market in the Hudson Valley. Today, that misinformed characterization can be easily dispelled by the diverse industry mix of firms that are located here and by those seeking to locate operations in Orange County. At press time, two major economic…

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Ginsburg Development Unveils New Lobby At City Trust Tower in Downtown Bridgeport

September 2017

BRIDGEPORT, CT —Ginsburg Development Companies of Hawthorne, NY recently unveiled a new lobby and announced new building amenities for its City Trust Tower Apartments property located at 955 Main St. in Downtown Bridgeport, CT. In addition to the new art deco-inspired lobby, the 12-story 117-unit rental apartment building, located across from McLevy Green, will soon…

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