WHITE PLAINS– Cushman & Wakefield announced recently that the firm was exclusively selected to market a package of 22 condominium units within Gateway Condominiums at 257 Central Ave. in White Plains. The asking price is listed at $8.95 million. The condominium units, totaling approximately 27,751 square feet, are free market two-bedroom, two-bathrooms with high-end luxury…
Read MoreRYE BROOK—Ian K. Katz Group, an exclusive buyers agency launched in 2014, has announced that it has extended its footprint to Westchester County with office space in Rye Brook. The firm, which also has an office in Manhattan, is now better positioned to serve homebuyers searching for new residences in towns such as Rye, Rye…
Read MoreSUFFERN—Eight major acquisitions, strong performances across the existing portfolio and continued corporate expansion highlighted a record-setting year for Castle Lanterra Properties (CLP) in 2016, the company reported on Feb. 2. The Suffern-based, privately-owned real estate company acquired multifamily residential properties totaling 2,594 units at a combined purchase price of $382 million. The year also marked…
Read MoreVALHALLA—Consolidated Edison, Inc. has created a new holding company, Con Edison Clean Energy Businesses, Inc., that brings together its three existing corporations active in America’s competitive energy marketplace: Con Edison Solutions, Con Edison Development and Con Edison Energy. Mark Noyes serves as CEO and president of the three clean energy businesses, which are all co-located…
Read MoreWHITE PLAINS—The Residences at Tarryhill, an 87-unit rental apartment community at 100-600 Tarryhill Way here has changed hands for the first time since it was built in 1996. Harbor View Properties LLC, a newly formed partnership that includes Dale and Lynn Kaufteil of Harborview Properties of Larchmont and WRA Properties Inc.’s Frank T. Chiarello of…
Read MoreNEW ROCHELLE—The City of New Rochelle has tapped Fort Worth, TX-based analytics firm Buxton to help identify potential retailers prime for relocation to the city as part of its redevelopment plan currently underway. Buxton’s advanced consumer analytics will evaluate the best potential retailers for the city based on the shopping and dining habits of its…
Read MoreGOSHEN—Orange County Commissioner of Finance Karin Hablow and Director of Real Property John McCarey announced recently that Orange County will hold a tax foreclosure auction of more than 200 properties on Thursday, March 9. The public sale will begin at 10 a.m. at the county’s Emergency Services Center at 22 Wells Farm Road in Goshen.…
Read MoreCROTON-ON-HUDSON—Rescheduled a day later due to the snowstorm, officials and staff with A.S.A.P. Mortgage Corp. opened its fourth Westchester County branch location on Friday, Feb. 10. A host of local and county officials were on hand for the festivities to commemorate the opening of the firm’s new location at 125 Grand St. in Croton-on-Hudson.…
Read MoreWHITE PLAINS—In the residential development firm’s first entry into the Downtown White Plains market, Ginsburg Development Companies has purchased the 124-unit luxury rental apartment building at 25 Martine Ave. here. The 12-story building, currently known as Halstead White Plains, was purchased by GDC from DSF Group of Boston for $35.25 million. GDC plans to make…
Read MoreNEW CITY—Reaction has been mixed to the decision by the New York State Public Service Commission earlier this week to decrease the requested water rate hike request by Suez New York, Inc. by nearly $1 million over the next three years. Rockland County Executive Ed Day was highly critical of the PSC decision charging that…
Read MoreWASHINGTON— Existing-home sales closed out 2016 as the best year in a decade, even as sales declined in December as the result of ongoing affordability tensions and historically low supply levels, according to the National Association of Realtors. Total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, finished 2016…
Read MoreALBANY—According to results from a Homeownership Poll conducted by the Siena Research Institute, 84% of New York voters support the NY First Home proposal that would create a tax-free savings account to help New Yorkers save for a first home. Support for the program was bi-partisan and spread across the entire state. Specifically, the NY…
Read MoreRYE BROOK—In a surprise move, Houlihan Lawrence whose roots in Westchester County date back to 1888, has been acquired by Warren Buffet’s Home Services of America, Inc. of Minneapolis, MN. Both parties in the transaction did not release financial terms of the deal that was announced on Tuesday, Jan. 17th. Nancy Seaman, chairman of Houlihan…
Read More2016 ANNUAL AND FOURTH QUARTER REAL ESTATE SALES REPORT Westchester, Putnam, Rockland and Orange Counties, New York WHITE PLAINS—2016 posted the region’s best real estate sales results since the post-recession recovery period that commenced in 2011. Realtors participating in the four-county Hudson Gateway Multiple Listing Service, Inc., a subsidiary of the Hudson Gateway Association of…
Read MoreGOSHEN—Thanks to the generosity and creativity of the staff and agents at Better Homes & Gardens Rand Realty, this past Christmas was merrier this year for many families served by Catholic Charities Community Services of Orange and Sullivan. The members of the firm’s Goshen real estate office’s President’s Club selected Catholic Charities to be the…
Read MoreCROTON-ON-HUDSON—A.S.A.P. Mortgage Corp. will be celebrating the opening of its fourth Westchester County branch location at 125 Grand St. here with an open house and ribbon cutting celebration on Thursday, February 9th at 11 a.m. “We are excited to be opening our fourth Westchester County branch office and expanding our team of seasoned mortgage professionals,”…
Read MoreMORRIS PLAINS, NJ—Jim Weichert, president, chairman and CEO of the Weichert Family of Companies, recently introduced Weichert Development Company, a full-service, privately held residential and commercial real estate investment and development business based out of the organization’s corporate headquarters in Morris Plains, NJ. As a full-service developer and investor, Weichert Development Company’s capabilities range from…
Read MoreWHITE PLAINS—The Residences at the Ritz-Carlton, Westchester reported earlier this month that 22 residences in the 42-story Tower II in Downtown White Plains were sold last year for a total sales volume of more than $33 million. The average price per square foot was $705. Of the 22 sold, nine were penthouse residences with a…
Read MoreNEW YORK—Berkshire Hathaway HomeServices announced on Jan. 9 that it established a beachhead of sorts in New York City, opening its first office in Manhattan at 590 Madison Ave. Company executives also tell Real Estate In-Depth that the firm plans on expanding its operations in Westchester County and elsewhere in 2017. The newly established Berkshire…
Read MoreNEW ROCHELLE—The City of New Rochelle issued a Request for Proposal for the redevelopment of Fire Station #1 at 45 Harrison St. on Jan. 2. The city-owned property is not included in the portfolio of properties in the city’s far reaching Master Development Agreement with RDRXR, a partnership of Renaissance Downtowns and RXR Realty, according…
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