News

HG Realtor Foundation Presents Checks To Rockland, Orange County Charities

December 2016

WHITE PLAINS—The Hudson Gateway Realtor Foundation, the charitable arm of the Hudson Gateway Association of Realtors, recently presented donations checks to three local charities—People to People in Nanuet and the Hi-Tor Animal Care Center in Pomona in Rockland County and the Habitat for Humanity of Greater Newburgh, Inc. in Orange County. People to People, which…

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HGAR to Hold ‘We are the World’ 2017 Installation Gala on Jan. 19

December 2016

TARRYTOWN—The Hudson Gateway Association of Realtors will present its “We are the World” 2017 Installation Gala on Thursday, Jan. 19 from 6 p.m. to 10 p.m. at Abigail Kirsch at Tappan Hill Mansion in Tarrytown. Dorothy Botsoe of Dorothy Jensen Realty, Inc., in White Plains, will be installed as the 2017 HGAR President and Renee…

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Hudson River Waterfront Alliance Releases Key Findings in Barge Anchorage Study

December 2016

YONKERS—Yonkers Mayor Mike Spano reconvened the Hudson River Waterfront Alliance at the Yonkers Waterfront Esplanade on Dec. 1 to announce the alliance’s maritime counsel and expert findings regarding the proposal by the Maritime Association of the Port of New York/New Jersey Tug and Barge Committee for 43 additional barge anchorages along the Hudson River from…

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Loew’s Theater Groundbreaking a Precursor to Building Boom

December 2016

NEW ROCHELLE—A groundbreaking was staged at the long-shuttered Loew’s Theater in New Rochelle on Nov. 30 for a much-anticipated $120-million mixed-use high-rise tower. However, while definitely cause for celebration, city officials and the developer say the event was just the first of what they expect will be a host of new commercial developments that will…

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Young Realtor and Cancer Survivor Publishes First Book

November 2016

WEST NYACK—Tiera Rice, 27, has joined the growing number of Hudson Valley real estate professionals who are also authors. The West Nyack Realtor, who works with R2M Realty Inc. in Nyack, just finished her first novel, “Awakening” the Bloodline Series, Book 1. It’s a fictional story about a subject that is far removed from real…

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GUEST VIEWPOINT: Business and Environmental Groups United To Protect Hudson River from Anchorages

November 2016

Many business organizations—including the Hudson Gateway Association of Realtors (HGAR) and the Business Council of Westchester—have come out in strong opposition to the U.S. Coast Guard’s consideration of regulations that would allow the establishment of new anchorage grounds in the Hudson River. Under the proposal, 10 additional anchorages with space for up to 43 vessels…

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LEGISLATIVE AFFAIRS: Realtors Support Renewal of Tax Provisions

November 2016

With the presidential election over we can now, hopefully, move on to the business of governing. The election brings a new administration and new priorities. For the housing industry it is important that we pass several pieces of legislation and be watchful of others. It is particularly imperative that we extend two critical housing tax…

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State, National Home Sales Post Strong Gains in October

November 2016

ALBANY—Home sales in October posted strong gains both in New York State and nationally. The New York State Association of Realtors reported on Nov. 22 that home sales in the Empire State reached the second highest October monthly total on record. Home sales in the Empire State dipped slightly from one year ago, but still…

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UPDATE: Astorino Budget Hinges on Airport P3 Deal

November 2016

WHITE PLAINS—While business groups have praised Westchester County Executive Robert Astorino’s recent public-private partnership (P3) proposal at Westchester County Airport, the county executive’s proposed $1.8-billion budget is predicated on the Westchester County Board of Legislators approving the plan before the end of this year. In fact, the Board of Legislators has until Dec. 27 to…

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DHL, Possibly New Air Carrier Coming to Stewart Airport

November 2016

TOWN OF WALLKILL—While Stewart Airport has made headlines with the recent revelation that Brooklyn Brewery may be building an $80-million facility at the airport grounds in New Windsor, several other major developments at the airport operated by the Port Authority of New York and New Jersey could be in the offing as well. At a…

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Trump Presidency Will Certainly Bring Changes to Housing Market

November 2016

WASHINGTON—While real estate mogul Donald Trump was anything but predictable during his campaign for the White House, his upset victory over former Secretary of State Hillary Clinton will no doubt bring changes to the financial and housing markets in both the short and long-term. Although some of President-elect Trump’s policies are still unclear, real estate…

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Gap Inc. Opens Fishkill Distribution Center in ‘Pop-Up’ Facility

November 2016

FISHKILL, NY—At a press conference at the warehouse facilities of Gap Inc. here, Gov. Andrew Cuomo announced on Nov. 16th that the retailer has opened its Fishkill distribution center in a new “pop-up” facility allowing more than 1,200 employees to return to work following the devastating fire that destroyed a company warehouse in August. Currently,…

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Orange County Stages ‘Topping Out’ Ceremony at Government Center

November 2016

GOSHEN, NY– Orange County Executive Steven M. Neuhaus joined Chairman of the Legislature Steve Brescia recently at the Orange County Government Center here for a ceremony to place the final steel beam on top of Division Two of the building. A “topping out” ceremony is a construction tradition that signifies that the highest point of…

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Construction on Iona College’s New Project Could Begin Next Spring

November 2016

NEW ROCHELLE—Iona College recently announced plans for a new facility for its AACSB-accredited School of Business, a state-of-the-art academic building that will incorporate part of the existing Hagan Hall while more than doubling the space for classrooms, lectures and faculty offices. Architectural renderings and plans for the new building were shared with the campus community,…

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Houlihan-Parnes Places Mortgage On White Plains Retail Property

November 2016

WHITE PLAINS— Houlihan-Parnes Realtors LLC  announced recently the placement of a $600,000 first mortgage on 124 East Post Road, a 5,576-square-foot building at the corner of Court Street and East Post Road in White Plains. The seven-year, non-recourse loan is fixed at 3.75% interest on a 30-year amortization schedule, plus has a five-year option. The…

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SPOTLIGHT ON: 2016 Realtor of the Year Gary Leogrande

November 2016

After spending more than 30 years in real estate, Gary Leogrande, broker for Keller Williams New York Realty in White Plains, was still quite surprised to be named the 2016 HGAR “Realtor of the Year” at Member Appreciation Day last month. “Sometimes over the years, I’d be sitting in the audience and thinking, ‘well maybe…

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Hudson United Mortgage Launches ‘Give More’ Winter Charity Campaign

November 2016

WHITE PLAINS—Hudson United Mortgage reported the launch of its winter fundraiser called “Give More,” with the goal of raising money for local organizations that prevent hunger. “With the holiday season and winter weather around the corner, we want to help our community in any way possible,” said Daniel Rand, director of home services for Hudson…

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BARRISTER'S BRIEFING: HUD Proposes ‘Resilience Standard’ To Protect Communities From Flooding

November 2016

On Oct. 27 the U.S. Department of Housing and Urban Development proposed new elevation standards to be known as a “resilience standard” for all HUD-supported properties. These higher elevation standards specifically pertain to properties seeking HUD assistance or Federal Housing Administration (FHA) mortgage insurance. The proposed rule from HUD would mandate that properties considered to…

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