News

White Plains Hospital Breaks Ground on $272M Expansion Project

April 2019

WHITE PLAINS—White Plains Hospital officials and other county and local dignitaries were on hand on April 22 to celebrate the groundbreaking of a new 252,000-square-foot outpatient center being built at the corner of Maple and Longview avenues here. The $272-million project is being built on the site of a former vacant apartment building, a hospital…

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Developer Unveils Plans for Luxury Condos in Larchmont

April 2019

LARCHMONT—Rye-based developer Elk Homes has unveiled plans this week for “Centro Larchmont,” a new luxury condominium residence to be developed in the heart of the village. The new building will replace several aging commercial buildings that will be demolished. Located at 112 Chatsworth Ave. and 65 Wendt Ave., the 26-unit building will include 23 market…

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Christie’s International Opens Office in Rockland County

April 2019

NEW CITY—Christie’s International Real Estate – Westchester & Hudson Valley, reported on April 17 it had launched its Rockland Regional Sales Gallery in New City at 340 South Main St. The opening of the office comes on the heels of a mid-February announcement by Christie’s International Real Estate that it was expanding its reach into…

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Construction Begins on $42M Senior Project in Rockland County

April 2019

NANUET—State officials announced on April 16 that construction had begun on a new $42-million senior affordable and supportive housing development here. The 93-unit Vincent’s Village community will be developed by the Sisters of Charity Housing Development Corp. of Staten Island and Rockabill Development, LLC of New York City. The development site is located adjacent to…

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Entergy to Sell Indian Point to Decommissioning Firm

April 2019

BUCHANAN—Entergy Corp. reported on April 16 it had reached an agreement to sell its Indian Point 1, 2 and 3 nuclear power plants here after the power plants are shut down in late 2021. The New Orleans-based energy company reported that it will sell Indian Point 1, 2 and 3 nuclear units to Holtec International…

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Mayors Say Natural Gas Moratorium Impact Not as Severe as First Thought

April 2019

WHITE PLAINS—The mayors of White Plains and New Rochelle agree that the impacts thus far from the natural gas connection moratorium imposed by utility Con Edison on March 15 has not been severe. White Plains Mayor Thomas Roach and New Rochelle Mayor Noam Bramson agreed that real estate developers are attempting to adapt to the…

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Homes Sales Volume Mixed in Hudson Valley Region in First Quarter

April 2019

Editor’s Note: The following is the full text version of the 2019 First Quarter Residential Real Estate Sales Report Westchester, Putnam, Rockland, Orange, And Sullivan Counties, New York released by the Hudson Gateway Multiple Listing Service, Inc. on April 8. WHITE PLAINS—Residential sales in the region serviced by the Hudson Gateway Multiple Listing Service, Inc.…

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Redevelopment of Goshen Retail Eyesore to Move Forward

April 2019

GOSHEN—The Goshen Planning Board on March 26 voted unanimously to give Greenwich, CT-based development firm Fareri Associates, LP, conditional site plan approval to move forward with its proposal for the new Goshen Plaza. “We’d like to thank the Village of Goshen Planning Board for its confidence in, and enthusiasm for, this project, as well as…

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HGAR Hires Brian Levine as New In-House Counsel

April 2019

WHITE PLAINS—Brian Levine, Esq., of Stamford, CT has recently been appointed In-House Counsel/Director of Legal Services & Professional Standards Administrator for the Hudson Gateway Association of Realtors. Levine comes to HGAR with nearly two decades of legal experience, including real estate, contracts, refinancing, litigation/mediation/arbitration, insurance, regulatory agency compliance, commercial contracts/development, and tortuous interference of business…

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Compass Expands Presence in NYC With Stribling Brokerage Deal

April 2019

NEW YORK CITY—Real estate brokerage and technology firm Compass has expanded its presence here with the purchase of the Stribling luxury residential brokerage firm, adding more than 300 agents and 50 employees to its New York City operations. Stribling, which was founded in 1980 by chairman and founder Elizabeth F. Stribling, operates three locations in…

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$1.2B North 60 Bioscience Center Project Now Before Town of Mount Pleasant for Approval

April 2019

VALHALLA—After securing key approvals from the County of Westchester in January, Fareri Associate’s planned $1.2-billion mixed-use bioscience park to be developed on 60 acres of the Grasslands Campus here has now progressed to the municipal approval stage. The concept of building a bioscience, technology and lifestyle campus on mostly county-owned property in Valhalla has been…

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Yonkers IDA Provides Incentives for Four Projects

March 2019

YONKERS—The Yonkers Industrial Development Agency reported on March 25 it had approved four projects for incentives that will create 100 new housing units and finance the purchase and rehabilitation of a 301-unit apartment building in the city. The four developments amount to approximately $108.3 million in private investment and will create 156 construction jobs and…

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Rockland County Declares State of Emergency Over Measles Outbreak

March 2019

NEW CITY—At a press conference on March 26, Rockland County Executive Ed Day declared a county-wide State of Emergency relating to the ongoing measles outbreak that went into effective at midnight, Wednesday, March 27. The state of emergency bars anyone under 18 years of age and unvaccinated against the measles from public places until the…

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Robert Martin to Reacquire Most of its Storied Portfolio in $488M Mega Deal

March 2019

ELMSFORD-Robert Martin Co., one of the pioneer commercial office real estate development firms in Westchester County, has confirmed plans to reacquire approximately 95% of the portfolio it developed here and in Fairfield County, CT and sold more than two decades ago in a deal valued at $487.5 million. Industry observers say the deal, if finalized,…

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