News

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…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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Orange County Takes Back Camp LaGuardia Property

April 2016

CHESTER—Orange County’s attempt to bring new development to the former New York City homeless center grounds at Camp LaGuardia has taken a radical turn. Orange County Executive Steve Neuhaus revealed in his State of the County Address a few weeks ago that he was looking to take control once again of the approximately 260-acre camp…

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Hudson Valley Home Sales Market Continues Feverish Sales Pace

April 2016

WHITE PLAINS—The Hudson Valley home sales market in the first quarter continued its upward trajectory, with increased sales throughout the four county region. However, the market has yet to truly become a seller’s market since sale prices were flat or even decreased in the four county HGAR region. A majority of all housing categories (single…

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2016 FIRST QUARTER REAL ESTATE SALES REPORT

April 2016

Westchester, Putnam, Rockland and Orange Counties, New York Editor’s Note: The following is the full text version of the 2016 First Quarter Residential Real Estate Sales Report for Westchester, Putnam, Rockland and Orange Counties, New York released today by the Hudson Gateway Multiple Listing Service, Inc. WHITE PLAINS - Realtors operating in the four-county lower…

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Struck Named President and CEO of REDC

March 2016

REDC Leader to Appear at CID Event on April 14 PEARL RIVER—As expected, Richard Struck officially got the “interim” removed from his job title. The Board of Directors of Rockland Economic Development Corporation announced on March 29th that Struck was officially appointed its new President and CEO. Struck, a resident of Pearl River, has served…

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RXR Partnership Proposes $120M Tower in New Rochelle

March 2016

NEW ROCHELLE—As hinted previously by New Rochelle Mayor Noam Bramson, RXR Realty is set to propose in coming weeks a 28-story residential tower on Main Street here as part of the downtown district’s revitalization initiative. The project at 587 Main St. will also serve as the litmus test for the city’s recently enacted zoning changes…

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Developer Says Westchester Will Benefit From Pricey NYC Office Market

March 2016

WHITE PLAINS—Veteran real estate investor and developer Robert Weisz says Westchester County should benefit from the heady New York City office market in 2016. Weisz, principal of the RPW Group of Rye Brook, hosted approximately 40 commercial brokers at a meeting of the Hudson Gateway Association of Realtors’ Commercial Investment Division at his 1133 Westchester…

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State Pumps $230 Million in Funding For Mid-Hudson Health Care Projects

March 2016

ALBANY—New York State announced on March 4 $230.5 million in grant awards for 15 health care capital projects in the Mid-Hudson region. The funding is a portion of a $1.5-billion commitment made by New York State to help health care providers statewide fund critical capital and infrastructure improvements, as well as integrate and further develop…

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Westchester IDA Provides Incentives For Two Rental Apartment Projects

March 2016

WHITE PLAINS—The Westchester County Industrial Development Agency on March 10 approved incentives for two rental apartment projects in Ossining and White Plains with a total private investment of $57.6 million. The two developments will create approximately 430 construction and permanent jobs. “We are pleased to provide incentives through the IDA for these two projects, one…

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Cusson Named VP of Operations At Coldwell Banker Residential

March 2016

DANBURY, CT—Coldwell Banker Residential Brokerage in Connecticut and Westchester County announced recently that Charles “Chuck” Cusson has been appointed vice president of operations and will report to Coldwell Banker Residential Brokerage President Joseph Valvano, Cusson will oversee the operational aspects of several key departments within the company, including the relocation, education, marketing and administrative support…

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Avon to Keep Suffern, Rye Operations

March 2016

NEW YORK—Avon Products Inc., which shed its North American operations in December, announced on March 14 that it plans to relocate its global corporate headquarters from New York City to the United Kingdom. In addition, the company stated it intends to reduce its worldwide workforce by 2,500 employees. The headquarters move and job cuts are…

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