Residential

Spotlight On: Irene Guanill-Seeing Beyond the Mess

October 2017

Irene Guanill describes herself as “a girl from the South Bronx,” who grew up learning how to turn lemons in to lemonade. “My mom was always very strong and she taught us to be strong,” she said. “Failure was not an option—you could either sink or swim, and I chose to swim.” Today, the mother…

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Hudson Valley Home Sales, Prices Remain Strong; Inventory Continues to Fall

October 2017

WHITE PLAINS—Real estate sales continued at a brisk pace in the lower Hudson Valley region, albeit at a slightly slower pace as the year has progressed, according to the “Third Quarter Residential Real Estate Report for Westchester, Putnam, Rockland and Orange Counties, New York” released by the Hudson Gateway Multiple Listing Service, Inc. With the…

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NAR Survey: Home Buyers and Sellers Gaining Confidence

September 2017

WASHINGTON —Existing-homes sales have retreated in four of the past five months, but new survey findings from the National Association of Realtors indicate it is not because of a lack of confidence from consumers about buying and selling a home, or based on their views about the direction of the economy and their finances. NAR’s…

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Hudson Gateway Realtor Foundation Presents $1,000 Donation to Gilda’s Club Westchester

September 2017

WHITE PLAINS—The Hudson Gateway Realtor Foundation, the charitable arm of the Hudson Gateway Association of Realtors recently presented a check for $1,000 to Gilda’s Club Westchester. Created in fulfillment of actress Gilda Radner’s dream, Gilda’s Club offers a welcoming community of free support for everyone living with cancer—men, women, teens and children—along with their families…

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Century 21 Full Service Relocates To New Location in New City

September 2017

NEW CITY—Century 21 Full Service Realty reported recently it has relocated its brokerage operations to larger space at 53 South Main St. in New City. According to Vesna Kanacki, Broker of Record, the move was necessary to provide a superior business environment for present and future associates and our staff. She said the new office…

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NAR Study Says Student Debt Significantly Delays Millennial Homeownership

September 2017

WASHINGTON—Despite being in the prime years to buy their first home, an overwhelming majority of millennials with student debt currently do not own a home and believe this debt is to blame for what they typically expect to be a seven-year delay from buying, according to a recently released study on student loan debt and…

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Century 21 Haviland of Pleasantville Merges with ERA Insite Realty

September 2017

PLEASANTVILLE—ERA Insite Realty Services, with offices in White Plains, Bronxville and Mount Pleasant, announced a merger deal on Sept. 18th with Century 21 Haviland in Pleasantville. The merger was announced by Louis and Debra Budetti, founders and owners of ERA Insite Realty Services, which is headquartered in White Plains. The merger comes on the heels…

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GDC Breaks Ground on Peekskill Gateway Townhomes Project

September 2017

PEEKSKILL—Ginsburg Development Companies Principal Martin Ginsburg joined with Peekskill Mayor Frank Catalina and other state, county and city officials and dignitaries on September 14 for a groundbreaking ceremony to mark the start of construction of Gateway Townhomes here. Located at 700 Main St., at the gateway to the city from Route 9, Gateway Townhomes will…

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NAR Testifies in Favor of Tax Reform Done Right

September 2017

WASHINGTON—Tax reform done right could yield savings and simplification that benefits average Americans, but history shows that misguided reforms can pose significant threats to the economy. That’s the message the National Association of Realtors brought to Congress on Sept. 14th as Iona Harrison, chair of NAR’s Federal Taxation Committee, testified before the Senate Finance Committee.…

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Ginsburg Development Unveils New Lobby At City Trust Tower in Downtown Bridgeport

September 2017

BRIDGEPORT, CT —Ginsburg Development Companies of Hawthorne, NY recently unveiled a new lobby and announced new building amenities for its City Trust Tower Apartments property located at 955 Main St. in Downtown Bridgeport, CT. In addition to the new art deco-inspired lobby, the 12-story 117-unit rental apartment building, located across from McLevy Green, will soon…

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David Rockefeller Estate on Market for $22 Million

September 2017

POCANTICO HILLS—The lavish Hudson Pines estate of billionaire philanthropist and banker David Rockefeller is on the market for sale for $22 million. The former chairman and CEO of Chase Manhattan Bank passed away at the age of 101 in March of this year. Since his passing, Rockefeller’s estate began to sell off his various real…

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HomeServices of America Acquires Long & Foster

September 2017

MINNEAPOLIS—HomeServices of America, Inc., a Berkshire Hathaway affiliate, reported on Sept. 6th it acquired The Long & Foster Companies, Inc., the largest private residential real estate company in the United States by sales volume. The acquisition includes Long & Foster’s family of companies, including Long & Foster Real Estate and its market-leading affiliated business lines…

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Residential Buyer Demand Remains High in Orange County

September 2017

As September begins and we look back at the summer of 2017, I do hope that all of you had a wonderful summer filled with good times. It was definitely a summer that generated significant real estate activity. The theme that started last year continued into this year where the market featured a significantly lower…

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Berkshire Hathaway Westchester Properties Sponsors Second Annual Comedy Event to Benefit Sunshine Kids

September 2017

EASTCHESTER—Berkshire Hathaway HomeServices Westchester Properties will present its second annual “Comedy for a Cause” on October 12th at Mulino’s at Lake Isle Country Club in Eastchester. Doors open at 6 p.m. All proceeds will benefit The Sunshine Kids Foundation, an organization dedicated to helping kids with cancer. In a statement, Mark Nadler, office leader of…

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SPOTLIGHT ON: John Olivero

September 2017

A Burning Passion for Real Estate John Olivero really loves Goshen. Some 27 years ago, the former Staten Island firefighter got in his car and started driving north in search of an affordable home in a nice, quiet community. He got off at the Goshen exit and has been there ever since! Today, the broker/owner…

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NAR Describes Inventory Levels as ‘Pitiful’

August 2017

WASHINGTON—The National Association of Realtors released two telling reports this month that detailed the anemic levels of home sale inventory, describing supply conditions as “pitiful” and inventory shortages in some markets as “severe.” In a report released on second quarter home sale prices, NAR stated the headstrong supply and demand imbalances in much of the…

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Rep. Maloney Introduces Bill to Help First-Time Buyers

August 2017

MIDDLETOWN—U.S. Rep. Sean Patrick Maloney (D-NY-18) held a press conference at the home of recent first-time homebuyers Taylor and Justin Van Dyke on Aug. 23rd to announce he intends to re-introduce bipartisan legislation to assist first-time homebuyers save for their down payment and pay for closing costs on their initial home purchase. Rep. Maloney ‘s…

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