Residential

Houlihan Lawrence Acquires Greenwich, CT Brokerage 

March 2015

RYE BROOK—Houlihan Lawrence announced on Feb. 23rd it had acquired Shore & Country Properties, a residential brokerage in Greenwich, CT. The Shore & Country acquisition comes on the heels of the recent announcement that the former Kelly Associates offices in Darien and Rowayton, CT have joined the Houlihan Lawrence network. In less than 18 months…

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County Brokers Deal on Affordable Units At Avalon’s Harrison Multifamily Project

March 2015

HARRISON—The Astorino administration announced on March 12 it had brokered a deal between the Metropolitan Transportation Authority, developer AvalonBay Communities and the Town of Harrison to set aside 5% of the planned 143 residential units to be developed on land adjacent to the Metro North Harrison train station here. The lack of affordable units at…

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Significant Changes Coming to Fair Lending Rules

March 2015

This column has frequently addressed issues of fair housing. Never previously addressed is the issue of fair lending. Realtors need a clear understanding of the significant changes that will become effective on August 1, 2015 when the TILA/RESPA final rule will become effective. What is TILA and What is RESPA? TILA is the Truth in Lending…

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GATEWAY PERSPECTIVES: Spring Thaw?

March 2015

Let’s hope so, (he said, knocking on a lot of wood). The title of my last article for this publication was “Deep Freeze.” In hindsight I should have called it “Deep Freeze with Several Snow Storms Thrown in for Good Measure,” as we were pummeled with snow storms every week and the bitter cold persisted.…

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Westchester Pavilion Mall to be Sold To Make Way for $275-Million Project

March 2015

WHITE PLAINS—The Westchester Pavilion shopping center, the current headquarters of the Hudson Gateway Association of Realtors, is under contract to be sold by Urstadt Biddle Properties Inc. to Lennar Multifamily Communities, LLC of Herndon, VA. Lennar, a subsidiary of Miami-based Lennar Corp., is proposing to demolish the 185,000-square-foot shopping center to make way for a…

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