News

Target Deal in Yonkers Helps Fill Westchester’s $17M Budget Gap

June 2016

YONKERS—A more than 30-year effort to develop a parcel of land adjacent to the New York State Thruway has finally come to an end. A deal reached last week between the City of Yonkers, Westchester County, its respective Industrial Development Agencies and the developer will facilitate the construction of a new 175,000-square-foot Target store at…

Read More

A Kid in a Candy Store

June 2016

When women have the chance to experience Westchester mom and fashion designer Kara Mac’s new business, they often react like kids in a candy store! It’s not surprising, though, because ShoeCandy by Kara Mac may be just as addicting as those colorful jars of jellybeans, lollipops and gumdrops. ShoeCandy is just what it sounds like—“candy”…

Read More

June 15th Seminar to Discuss Benefits of WELL Building Standard

May 2016

RYE—There is now a standard to measure how buildings can affect the health of people occupying them. It's called the WELL Building Standard ™. Based on the belief that buildings should be developed with people's health and wellness at the center of design, WELL™ was established by the International WELL Building Institute™ (IWBI), a public…

Read More

Legoland Confirms Plans for Orange County Amusement Park

May 2016

GOSHEN—Legoland has confirmed that it intends to submit plans for a major amusement park in the Town of Goshen in Orange County, Real Estate In-Depth has learned exclusively. A spokesperson for Merlin Entertainments plc, the owner and operator of Legoland amusement parks, confirmed what sources have been telling Real Estate In-Depth and other media outlets…

Read More

Large HGAR Contingent Lobby Albany Lawmakers on Key Issues

May 2016

ALBANY—A total of 45 members of the Hudson Gateway Association of Realtors traveled to Albany on May 24th by car and bus to present state lawmakers representing HGAR’s four-county area the association’s 2016 legislative priorities. HGAR President Marcene Hedayati, Caro and Legislative Committee Chair John Lease III led the HGAR delegation. Also providing support for the delegation…

Read More

Two Large HQ Lease Deals Signed in Westchester

May 2016

CHAPPAQUA—Who says there are no significant corporate headquarters lease deals in Westchester County? In late May, two firms signed lease transactions at properties in Chappaqua at the storied former Reader’s Digest headquarters building here as well as at the Exchange in White Plains. Brokerage firm Colliers International Group Inc. reported it arranged a long-term, 15,000-square-foot…

Read More

State A.G. Adds $100M to Foreclosure Prevention Programs

May 2016

NEW YORK—New York State Attorney General Eric T. Schneiderman announced on May 25th a $100-million expansion of efforts to provide no-interest loans to help New York families avoid foreclosure and stay in their homes. The expansion, funded by the Attorney General’s April settlement with Goldman Sachs over the bank’s deceptive practices leading up to the…

Read More

Rockland County Taking on Slumlords, Tax Delinquent Properties

May 2016

NEW CITY—Rockland County has embarked on an aggressive campaign to compel slumlords to remedy code violations that have forced tenants to live in dangerous and unsanitary conditions. Under Rockland County Executive Ed Day, the county government has also embarked on an effort to expedite the foreclosure process on non-residential tax delinquent properties. The Rockland Codes…

Read More

HGAR Delegation Travels to DC To Lobby Lawmakers on Key Issues

May 2016

WASHINGTON—A contingent of members and staff of the Hudson Gateway Association of Realtors traveled to the nation’s capital this week to take part in the National Association of Realtors’ Legislative Meetings & Trade Expo event, which include meetings with members of Congress, federal regulators, as well as industry leaders. One of the highlights of the…

Read More

Hudson Gateway Realtor Foundation Accepting Applications From Charities, Non-Profits

May 2016

WHITE PLAINS—The Hudson Gateway Realtor Foundation, the charitable arm of the Hudson Gateway Association of Realtors, is now accepting applications from lower Hudson Valley 501 (c) (3) charities and non-profit organizations interested in obtaining funds for their organization or for specific events. As concerned members of the communities HGAR works in, the Hudson Gateway Realtor…

Read More

Rye Playland Saga Ends With New Management Deal

May 2016

WHITE PLAINS—A six-year process to form a public-private partnership to save the storied, but money-losing Rye Playland amusement park finally came to an end on May 2nd when the Westchester County Board of Legislators overwhelmingly approved a deal with New York City-based Standard Amusements. The Board of Legislators voted 13-4 in favor of the deal…

Read More

Hudson Gateway REALTORS® Support Equal Housing Opportunities for All

April 2016

Hudson Gateway Association of REALTORS® As we celebrate the 48th anniversary of the federal Fair Housing Act and the progress that has been made, sadly, we must recognize that after nearly five decades illegal discrimination in housing is a crime that still exists today. The Hudson Gateway Association of REALTORS® (HGAR) applauds Gov. Andrew Cuomo’s…

Read More

IDA Delays Vote Again on Major Project Based on Complaints Over Labor Policy

April 2016

NEW WINDSOR—The developer of a major warehouse distribution project in the Town of Newburgh will have to wait until next month to possibly secure millions of dollars in incentives for its $40-million facility that will include anchor tenant AmerisourceBergen. The Orange County Industrial Development Agency delayed two votes on granting incentives to the major distribution…

Read More

U.S. Existing-Home Sales Rebound in March; Northeast Sales Rise 11%

April 2016

WASHINGTON—Bolstered by large gains in the Northeast and Midwest, existing-home sales bounced back in March and remained slightly up from a year ago, the National Association of Realtors reports. Total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, jumped 5.1% to a seasonally adjusted annual rate of 5.33 million…

Read More

Touro College to Open New Dental School in Hawthorne

April 2016

HAWTHORNE—Touro College announced recently that it will open later this year the first new dental school in almost 50 years at an office building adjacent to the New York Medical College’s Grasslands campus. The Touro College of Dental Medicine, which will open to its first class this fall, will reportedly occupy approximately 100,000 square feet…

Read More

Westchester Medical Center Network Expands to Kingston Region

April 2016

KINGSTON—The Westchester Medical Center Health Network, the parent company of the Westchester Medical Center in Valhalla, is expanding its reach to the far reaches of the Hudson Valley. On March 30, HealthAlliance of the Hudson Valley announced it had joined the WMCHealth network. HealthAlliance of the Hudson Valley is the alignment of HealthAlliance Hospital: Mary’s…

Read More

Westchester’s IDA, LDC Assistance Fueled $842M In Multifamily, Bioscience Projects

April 2016

WHITE PLAINS—2015 was a record year for the county’s Industrial Development Agency (IDA) and Local Development Corporation, which supported 14 projects that will produce a combined total private investment of more than $842 million. While ranging from small to large, a lion’s share of the projects that received financial incentives from Westchester County involved mixed-use…

Read More

Westchester Markets the County As The ‘Smart’ Place to do Business

April 2016

WHITE PLAINS—Westchester County’s economic development programs are geared to promoting its prime location, its quality of life and its highly educated workforce as just some of the reasons why it is the “Smart” place to do business. Westchester County is continuing its “That’s Westchester Smart” marketing and advertising campaign that is focused on both attracting…

Read More

Spring Fever Hits Westchester Home Sales Market Early

April 2016

It’s that time of year again…Spring! Traditionally, it is this time of year when sellers revisit their future plans and seriously consider putting their homes on the market. Similarly, buyers, rejuvenated by the warmer weather, crave a new start and itch to move. Having had a very mild winter with only a few snowstorms to…

Read More