Residential

OneKey MLS Now Live for Consumers

June 17, 2020

NEW YORK—The first regional MLS in the New York Metro area, OneKey MLS, has announced the launch of its new consumer search website—OneKeyMLS.com. The new listing search portal offers consumers more than 40,000 listings and some 500 communities throughout the New York Metropolitan area, making it the largest selection of for sale and lease listings…

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Susanna Cronin Named Manager Of Houlihan Lawrence Rye Office

June 15, 2020

RYE—Houlihan Lawrence announced on June 15th the appointment of Susanna Cronin as the new manager of its Rye brokerage. Cronin, who has more than two decades of experience in residential real estate, has lived in Rye for the past 25 years and has an intimate knowledge of the Sound Shore communities, company officials stated. Cronin…

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Halstead Merges with Brown Harris Stevens

June 15, 2020

NEW YORK—The owners of Terra Holdings announced recently that brokerage firm Halstead is now part of Brown Harris Stevens. The strategic restructuring of Terra Holdings subsidiaries significantly expands the footprint and resources of Brown Harris Stevens residential brokerage. The transition will occur with a phased in approach beginning in New York City. Senior management of…

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Is this the Trough? Unprecedented Drop in Growth, Large Job Losses, But Purchase Applications Signal a Rebound

June 8, 2020

By Mike Fratantoni and Joel Kan The extraordinary impact from COVID‐19 social distancing measures and business closings is impacting the economy and job market in unprecedented ways. While April economic data has been uniformly awful, more recent data on purchase applications indicate significant pent up demand for housing. Housing demand is strengthening as more states…

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Work Progresses on $300M Hudson Heritage Mixed-Use Project in Town of Poughkeepsie

June 8, 2020

TOWN OF POUGHKEEPSIE—Developers are undertaking substantial demolition and renovation work as they move forward with the Hudson Heritage mixed-use community being developed on 156 acres on Route 9 across from Marist College. The $300-million project will include housing, a hotel and conference center, retail, a supermarket, restaurants, entertainment, and medical and office space. The site…

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Westchester Disinfectant Service Company Offers Sanitization Program for New Homeowners, Renters

June 5, 2020

RYE BROOK—National Disinfection Services announced on May 15th it is launching what it terms is a “socially minded, one-of-a-kind” residential “Certification of Disinfection” program. The program comes with the “Clean Home Certified” seal of approval—an attestation that their new home is 99.9% free of any and all disease-bearing pathogens like COVID-19. “Given the new realities…

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NAR Identifies Top 10 Housing Markets for Millennials During the Pandemic

June 4, 2020

WASHINGTON—– The National Association of Realtors issued a report today identifying 10 housing markets with favorable conditions for Millennial homebuyers during the coronavirus pandemic. None of the major cities in the Northeast made the list. The only metro area on the East Coast to make the top 10 Millennial list was Durham, Chapel Hill, NC.…

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Westchester CE Latimer Forms Reopening Task Force to Prep Businesses for Post COVID-19 Era

June 2, 2020

WHITE PLAINS—Westchester County Executive George Latimer announced on June 1 that he had formed the Westchester County Reopening Task Force, which is charged with finding solutions to advance local businesses interests once the coronavirus crisis ends. The task force is co-chaired by Westchester County Legislator Catherine Parker, a former small business owner and past president…

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Mid-Hudson Region Begins Phase One; Real Estate Industry Awaits Phase Two

May 28, 2020

ALBANY—On Tuesday, May 26th, segments of the construction and manufacturing sectors of the Mid-Hudson regional economy were allowed to go back to work after being shut down under Gov. Andrew Cuomo’s “New York on Pause” restrictions imposed in March to prevent the spread of the Novel Coronavirus. Gov. Andrew Cuomo first announced on May 22…

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U.S. Existing-Home Sales Fall Nearly 17% in April

May 26, 2020

WASHINGTON—Existing-home sales dropped in April, continuing what is now a two-month skid in sales brought on by the Coronavirus pandemic, according to the National Association of Realtors. Each of the four major regions experienced a decline in month-over-month and year-over-year sales, with the West seeing the greatest dip in both categories. Total existing-home sales, completed…

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BREAKING NEWS: Gov. Cuomo Says Mid-Hudson Economy to Reopen on Tuesday

May 22, 2020

ALBANY—Gov. Andrew Cuomo announced today that pending the required training of contact tracers over the Memorial Day weekend, the Mid-Hudson regional economy will begin phase one of its economy’s reopening on Tuesday, May 26. The governor in his daily COVID-19 briefing on Saturday said the Mid-Hudson region had met the metric in terms of COVID…

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EXCLUSIVE: County Executives Believe Mid-Hudson Economy on Cusp of Reopening

May 19, 2020

WHITE PLAINS—It appears the reopening of the Mid-Hudson economy, which was all but shut down back on March 22 when Gov. Andrew Cuomo put “New York on Pause” to prevent the spread of the Novel Coronavirus, is finally at hand. After a setback earlier this week, Westchester County Executive George Latimer and Orange County Executive…

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Metro Home Prices Rise in 96% of Metro Areas in First Quarter of 2020

May 12, 2020

WASHINGTON—Nearly all of the nation’s metro areas saw price growth and had minimal inventory increases in the first quarter of 2020, according to the latest quarterly report by the National Association of Realtors. The Northeast saw an increase of just under 10% in single-family home prices in the region. Median single-family home prices increased year-over-year…

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