MOUNT VERNON– Redwood Realty Advisors announced on May 16th the closing of two apartment buildings in Mount Vernon for a price of $7.5 million and a cap rate of 6.9%. The two properties are located on the same block of South Second Avenue. The sale included one 34-unit apartment building and a second mixed-use apartment…
Read MoreCROTON-ON-HUDSON—Berkshire Hathaway HomeServices, part of the HSF Affiliates LLC family of real estate brokerage franchise networks, and BHHS River Towns Real Estate have launched a new campaign and a consumer sweepstakes. Advertisements launched March 7th with 30- and 15-second spots airing on HGTV, one of the top networks with familiar programming such as Love It…
Read MoreDANBURY, CT—The Westchester County offices of Coldwell Banker Residential Brokerage in Connecticut and Westchester County were recently named a Platinum Award winner by the Cartus Broker Network for their outstanding performance during the past year. The award was presented at the 2016 Cartus Broker Network International Conference held recently at the Harbor Beach Marriott Resort…
Read MoreNEW YORK—In response to increasing local interest by Chinese homebuyers and investors, residential brokerage firm Houlihan Lawrence has launched a Traditional Chinese-language version of its website. The site offers a seamless browsing experience for Chinese viewers by pairing a curated selection of properties with deep links to its premier listings translated on LuxuryPortfolio.com. “We are…
Read MoreNEW CITY—Rockland County has embarked on an aggressive campaign to compel slumlords to remedy code violations that have forced tenants to live in dangerous and unsanitary conditions. Under Rockland County Executive Ed Day, the county government has also embarked on an effort to expedite the foreclosure process on non-residential tax delinquent properties. The Rockland Codes…
Read MoreWHITE PLAINS—The U.S. Department of Housing and Urban Development has leveled charges of housing discrimination against a White Plains cooperative—Tompkins Manor at 505 Central Park Ave.—for refusing to grant an exception to its policies that would allow a person with disabilities to buy a unit there. The case came to HUD’s attention after a unidentified…
Read MoreNEW CITY—After about five months serving on the Clarkstown Town Council, Realtor Valerie Moldow resigned on Monday evening (May 2), citing “unforeseen personal and family matters.” Moldow, an Associate Broker with Keller Williams Hudson Valley Realty of New City, was appointed to the post in January to fill the position vacated by newly elected Town…
Read MoreThe proposed budget for the city of Yonkers includes a 100% increase in the real estate transfer tax. The tax would be increased to 3% from the current 1.5%. This would be devastating for home values in Yonkers as well as to residents needing to sell their homes. In the case of a $500,000 home…
Read MoreRYE—Berkshire Hathaway HomeServices New England and Westchester Properties announced recently the opening of its Rye Office at 22 Purchase St. in the heart of downtown Rye. The latest opening gives the company a total of 53 offices and nearly 1,800 agents. Heading the office is Harrison resident, Margaret Grasso. “Our Rye outpost provides us with…
Read MoreWASHINGTON—Bolstered by large gains in the Northeast and Midwest, existing-home sales bounced back in March and remained slightly up from a year ago, the National Association of Realtors reports. Total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, jumped 5.1% to a seasonally adjusted annual rate of 5.33 million…
Read MoreIt’s that time of year again…Spring! Traditionally, it is this time of year when sellers revisit their future plans and seriously consider putting their homes on the market. Similarly, buyers, rejuvenated by the warmer weather, crave a new start and itch to move. Having had a very mild winter with only a few snowstorms to…
Read MoreWHITE PLAINS—Once again, the annual Fair and Affordable Housing Expo attracted hundreds of individuals and families from Westchester and the surrounding area looking to purchase or rent a home in the county. More than 700 individuals attended the 2016 Fair and Affordable Housing Expo on March 12. The free event held at the Westchester County…
Read MoreRYE—Recently, the Pace University Law School bestowed its Distinguished Service Award to Chris Carnicelli, CEO of Generali in the United States. Carnicelli is a 1993 graduate of Pace Law School and is the son of James and Evelyn Carnicelli, owners of HGAR affiliate Carnell Engineering of Valhalla. Early in his career, Chris Carnicelli worked at…
Read MoreWHITE PLAINS—The long awaited move of the Hudson Gateway Association of Realtors from its offices at the soon to be demolished Westchester Pavilion mall to offices down the street at the Source at White Plains complex was completed earlier this month. Boxes were packed and movers and staff completed the office move on Friday, April…
Read MoreWHITE PLAINS—The Hudson Valley home sales market in the first quarter continued its upward trajectory, with increased sales throughout the four county region. However, the market has yet to truly become a seller’s market since sale prices were flat or even decreased in the four county HGAR region. A majority of all housing categories (single…
Read MoreWestchester, Putnam, Rockland and Orange Counties, New York Editor’s Note: The following is the full text version of the 2016 First Quarter Residential Real Estate Sales Report for Westchester, Putnam, Rockland and Orange Counties, New York released today by the Hudson Gateway Multiple Listing Service, Inc. WHITE PLAINS - Realtors operating in the four-county lower…
Read MoreEASTCHESTER– The Westchester Real Estate, Inc. group, a trade organization of independently owned real estate firms in Westchester and Putnam counties, recently welcomed its newest member, Gateway Realty Corp. of NY. Gateway Realty, based in Mamaroneck, was founded by Principal Broker and lifelong Westchester resident Chirag Shah who grew up in a family business—his parents…
Read MoreIt is ironic, but Andreea Waters’ last name aptly reflects her passion—photographing surfers in the waters of the Atlantic Ocean right here in New York. The professional playground for the Irvington Julia B. Fee Sotheby’s agent is actually Rockaway Beach in Queens—not your typical venue for a “surfing safari.” While surfing normally conjures up…
Read MoreNEW ROCHELLE—As hinted previously by New Rochelle Mayor Noam Bramson, RXR Realty is set to propose in coming weeks a 28-story residential tower on Main Street here as part of the downtown district’s revitalization initiative. The project at 587 Main St. will also serve as the litmus test for the city’s recently enacted zoning changes…
Read MoreWHITE PLAINS— The Women’s Council of Realtors Empire Westchester Business Resource Network and Allan M. Block Insurance Agency, Inc. hosted a seminar entitled “Insurance Essentials: Your Questions Answered” on March 7th at the Knollwood Country Club. The seminar was a presentation of The Travelers Institute, the public policy division of The Travelers Companies, Inc. Joan…
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