News

Growing Stewart Airport Gets New Name

July 2018

ALBANY— New York Gov. Andrew M. Cuomo announced on June 29th what he termed as the beginning of a new era for Stewart International Airport in New Windsor with its official name change to “New York Stewart International Airport.” The governor said the formal adoption of its new name builds on the airport's significant growth…

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Rockland County’s Financial Recovery Hits Key Milestone

July 2018

NEW CITY—In four years, Rockland County government has gone from having approximately $42,000 in the bank and $138 million in debt, to being in the black with a fund balance of more than $6 million. Rockland County Executive Ed Day announced the positive budgetary news relating to the county’s just released Comprehensive Annual Financial Report…

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Exit Realty Search Merges With Rand Realty

June 2018

NEW YORK—Better Homes and Gardens Rand Realty has increased its footprint in the Bronx, the Nanuet-headquartered brokerage firm reports. Better Homes and Gardens Rand Realty has merged with Exit Realty Search of the Bronx. With the merger, the firm, brings more than 60 agents to the Rand Realty network. The brokerage firm also reported recently…

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Board of Legislators Vote Key for Affordable Senior Housing Project

June 2018

WHITE PLAINS— The Westchester County Board of Legislators earlier this month approved the purchase of land that will result in the creation of 56 new units of affordable housing for seniors in White Plains. The long-delayed project—Mount Hope Plaza at 65 Lake Street in White Plains—will create affordable housing units for seniors 62 years and…

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Three Major Property Sales Close in Hudson Valley

June 2018

WHITE PLAINS—Three major property sales were reported by area commercial brokerage firms recently that involved multifamily and retail properties in Westchester County and a more than 123-acre site in East Fishkill formerly owned by IBM. Marcus & Millichap recently announced the sale of a three-property, 104-unit multifamily portfolio in White Plains. The portfolio sold for…

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Sharon Tucker Appointed Manager Of Rand Realty’s Pearl River Office

June 2018

NANUET—Following the retirement of Teresa O’Shaughnessy, Better Homes and Gardens Rand Realty has selected Sharon Tucker as the new manager for its office in Pearl River. “This past year with Rand Realty has been one of the most-memorable of my career,” said Tucker. “I’ve learned so much in my time here thus far, and I’m…

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Westchester Hotel Association Travels to Albany To Lobby Lawmakers on Key Industry Issues

June 2018

WHITE PLAINS—After electing new leadership earlier this year, a reconstituted and perhaps reinvigorated Westchester Hotel Association traveled to Albany in May on its first “Hotel Lobby Day” with state lawmakers. Joined by the Business Council of Westchester, the Westchester Hotel Association met with key state officials to voice their opposition on proposed legislation that the…

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Mid-Hudson Brokerage Expands Presence to Ulster County

June 2018

LAGRANGEVILLE, —Berkshire Hathaway HomeServices Hudson Valley Properties, announced on May 31 the acquisition of Westwood Metes & Bounds Realty Ltd., a long-tenured real estate brokerage serving Ulster County. Hudson Valley Properties adds nearly 60 agents and five offices through the transaction. The offices are located in Kingston, New Paltz, Stone Ridge, West Hurley and Woodstock.…

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HGAR to Celebrate 50th Anniversary Of Fair Housing Act at July 12 Event

June 2018

TARRYTOWN—The Hudson Gateway Association of Realtors is joining Realtor, real estate and housing advocacy organizations across the country in marking the 50th Anniversary of the Fair Housing Act this year. HGAR is holding a special program in commemoration of the Fair Housing Act on Thursday, July 12 at the DoubleTree Hotel in Tarrytown. The program,…

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HGAR Mourns Passing of Longtime Legal Counsel

June 2018

WHITE PLAINS—One of the key people who helped shape the modern-day Hudson Gateway Association of Realtors has passed away at the age of 75. Longtime Board Legal Counsel Edward I. Sumber died on June 5 in Palm Beach Gardens, FL. Real Estate In-Depth talked with association leaders from past and present who were in unison…

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‘Wining’ Your Way Through the Hudson Valley

June 2018

California’s Napa Valley may be famous for its wines, but New York’s Hudson Valley also has quite the reputation for offering some of the best wines not only in New York, but throughout the country. One of the most popular destinations in our area is the Shawangunk Wine Trail, an 80-mile long stretch that is…

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Music is in the Air This Summer at Many Hudson Valley Venues

June 2018

Summer is coming and that translates to the feel of beach sand on bare feet, the aroma of dinner on the barbecue grill, and the sounds of everything from classic rock to jazz to country music filling concert halls throughout the Hudson Valley. Bands like Kansas, Poison, Yes, America, Jefferson Starship, Lady Antebellum and Justin…

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A Savvy Affair’s Charity Event Raises Funds for Autism Speaks

June 2018

EASTCHESTER— A Savvy Affair, an event-planning firm that specializes in charity events, hosted approximately 400 guests at Mulino's At Lake Isle in Eastchester on May 17th. The event featured a "freestyle music theme," including performances by Freestyle entertainers TKA and Cynthia. Among the attendees included many guests from the real estate industry. The program marked…

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Metro-North President Talks Station Improvements, Capital Projects

June 2018

RYE BROOK—Metro-North President Catherine Rinaldi briefed members of the Commercial Investment Division of the Hudson Gateway Association of Realtors and the Business Council of Westchester on June  7 on the latest railroad initiatives, including the long-awaited improvements to the White Plains station. Rinaldi, who recently spoke before the Orange County Citizens Foundation on the needs…

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Two Veteran Westchester Realtors Form New ‘LifeNY’ Brokerage Firm

June 2018

WHITE PLAINS—Two veteran residential brokers and “Rising Stars”—Chirag Shah and Jason Wilson—have ventured out on their own and formed a new boutique brokerage firm here called “LifeNY.” The two Realtors, who both have been heavily engaged in the Hudson Gateway Association of Realtors, say their new firm will have “a laser focus on client services…

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22 Condo Units at Gateway Property Offered in Bulk Sale for Nearly $8M

June 2018

WHITE PLAINS—Cushman & Wakefield has been retained on an exclusive basis to arrange the sale of 22 condominium units within the Gateway Condominiums property at 257 Central Ave. in White Plains. The asking price for the bulk package of condominium units is $7.95 million. A team led by Vice Chairman Thomas A. Donovan, along with…

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IDA Report Shows Tax Break Growth Slows Job Creation Remains Higher Downstate

June 2018

ALBANY—New York State’s Industrial Development Agencies reported $715 million in net tax exemptions in 2016, up almost 3% from 2015, according to a report issued on June 1st by New York State Comptroller Thomas P. DiNapoli. The report also showed that downstate regions accounted for 57% of the total net jobs gained through IDA projects…

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Cacace Appointed Vice President Of International R. E. Federation

June 2018

SCARSDALE– Portico Realty Group recently announced that Emi Cacace has been appointed vice president of the World Council of Brokers by the International Real Estate Federation (FIABCI). As a member of the FIABCI, Cacace is equipped with the necessary training and experience to work successfully in international real estate and client relocation. Cacace, who is…

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