Residential

Metrex Realty Honors its Clients for Their Support

March 2019

MONSEY—Metrex Realty in Monsey recently held a client appreciation party where more than 230 people attended. Metrex Realty officials held the event to give thanks for the community’s support of the company. The firm also invited agents from other firms, thanking them for their support and assistance with transactions. “Our colleagues never seem to get…

Read More

Greenwich Home Sells for More Than $11 Million

March 2019

GREENWICH, CT—Five Corners Properties/Real Living broker/owner Jonathan Lerner confirmed recently that Danielle Scialpi-Malloy has successfully sold the largest residential home in Greenwich, CT this year. The sale property, 35 Close Road in Greenwich, CT sold for $11,180,000. The grand estate nestled on 5.29 lush acres enjoys 300 square feet of private water frontage and vistas…

Read More

State Senator Skoufis Probe Targets Slumlords in Major Cities

March 2019

NEWBURGH—New York Senator James Skoufis (D-Hudson Valley), chairman of the New York State Senate Committee on Investigations and Government Operations, announced on March 8 at a press conference in the City of Newburgh an investigation into housing conditions and code enforcement outside of New York City. His investigations unit is specifically examining the following four…

Read More

Survey: Majority of Real Estate Firms Remain Optimistic, Evolving Technology Still a Challenge

March 2019

WASHINGTON—The evolving technological landscape, competition from non-traditional market participants and housing affordability continue to be among the biggest challenges facing real estate firms in the next two years, according to a report by the National Association of Realtors. NAR's 2019 Profile of Real Estate Firms released on March 6 found that commercial real estate firms…

Read More

Experts Say Westchester Natural Gas Moratorium is a Long-Term Problem

March 2019

WHITE PLAINS—A real estate attorney speaking before a group of Westchester County commercial brokers said the moratorium on new natural gas connections slated to go into effect on March 15 “is here to stay.” Officials with Con Edison—the utility that is imposing the moratorium—who participated in the discussion did not disagree. More than 100 attendees…

Read More

Business Coalition Pushing Lawmakers to Fund a $500M Expansion of Route 17

March 2019

ALBANY—A coalition consisting of more than 100 business, civic, political and labor industry interests are calling for New York State to spend a total of $500 million to expand the existing Route 17 in Orange and Sullivan counties. Specifically, the organization is calling for a multi-year plan to construct a third lane in each direction…

Read More

Steckler Real Estate Joins Berkshire Hathaway HomeServices

February 2019

WALLINGFORD, CT—Berkshire Hathaway HomeServices New England, New York and Westchester Properties reported on Feb. 13th its merger with Steckler Real Estate of Scarsdale, a long-standing Westchester County residential real estate firm, into its Eastchester and Scarsdale offices. “Westchester County is a vibrant residential real estate market,” Candace Adams, CEO and President, said. “The brokers from…

Read More

Christie’s International Real Estate Expands Into Westchester County and Hudson Valley

February 2019

NEW YORK— Christie’s International Real Estate, the real estate arm of Christie’s, announced on Feb. 13th its expansion into Westchester County and the Hudson Valley in New York with Ilija Pavlovic, owner of its Northern New Jersey Affiliate Special Properties Real Estate Services. The new brokerage will operate solely under the Christie’s International Real Estate…

Read More

Meet the Sellers of the Bronx Merges with ERA Insite Realty

February 2019

WHITE PLAINS—ERA Insite Realty Services, a full service, family owned and operated residential real estate firm with offices in White Plains, Bronxville, Yonkers and Pleasantville, has reported that Meet the Sellers of the Bronx has merged with the White Plains based firm. Meet the Sellers was founded and owned by broker Irene Guanill Elukowich. Louis…

Read More

International Real Estate Veteran Launches New Brokerage in Scarsdale

February 2019

When he first came to the U.S. almost 20 years ago, Harry Singh had a dream of opening his own real estate brokerage. In fact, he actually incorporated Reliance America International Realty in 2007, but just recently launched the new Scarsdale agency. Originally from New Delhi, India, Singh earned his Bachelors of Commerce at a…

Read More

Business Council Announces Hall of Fame Winners

February 2019

RYE BROOK—The Business Council of Westchester announced on Feb. 5 the winners of its prestigious Business Hall of Fame Awards, which recognizes Westchester’s top corporate leaders. The winners will be honored at the 2019 Business Hall of Fame Awards Dinner on Tuesday, April 30 at the Glen Island Harbour Club in New Rochelle. The winners…

Read More

Fed Holds Rates Steady; Promises More Patient Approach to Future Rate Hikes

January 2019

WASHINGTON—In what can only be viewed as great news for Realtors and the residential real estate market, the Federal Reserve on Wednesday decided to hold rates steady and even signaled an end to what had been seen by some as an aggressive policy of raising rates. The Federal Reserve decided to maintain the federal funds…

Read More

Toll-Brothers Joint Ventures with JP Morgan on $157M Project in Harrison

January 2019

HARRISON—Toll Brothers’ groundbreaking adaptive reuse of two office buildings here has a new partner and more than $100 million in construction financing. The developer reports it has formed a joint venture with New York City-based J.P. Morgan Asset Management to develop the $157 million, 421-unit Carraway luxury apartment property off Westchester Avenue in Harrison. The…

Read More